The year is coming to an end and if you were thinking about investing in tech companies – now may be the right time. The bullish market still lasts (eighth years in a row now), and this year was pretty good for investors despite the threats of a nuclear or potential trade war and/or crypto currencies rising . Through the end of November, the S&P 500 Index gained 21%. The Dow Jones Industrial Average was up 25%, and the Nasdaq Composite surged 27%. Big technology companies in the Nasdaq 100 Index, tracked by the popular QQQ ETF, have jumped 32% since January. Take AR for
If we remove the borders on this planet, the number of Facebook netizens would place it as the largest country in the world. With over 1.44 billion users, it is larger than China (1.39 billion) or India (1.25 billion). As the Facebook platform matured over time, the company added more and more features which are akin to living in a country. You have ability to communicate with your neighbors through all (digital) means – text, voice, video; attend sport events, watch movies (currently relying on link sharing) and voice out your opinions. The next step of maturing the platform was somewhat easy to predict, but hard
PayPal’s Pay After Delivery feature lets users pay for purchases 14 days after delivery, essentially acting as short-term credit for e-commerce purchases.
In a surprise move, eBay has announced it will spin off PayPal into a distinct, publicly-traded company in order to better compete amid a fast-changing mobile payments landscape.
PayPal has started accepting payments made with online cryptocurrency Bitcoin in some jurisdictions, although the functionality will be limited as the company tests the waters for consumer and merchant interest.
With Bitcoin gaining popularity and then some semblance of stability in its real-world value, will the cryptocurrency remain in the lead amongst other digital tender? Virtual currencies are not exactly new. While purely digital currencies like Bitcoin are often the subject of news today, technology startups have explored virtual currencies as early as the 1990s. Take for example Beenz.com, which launched a currency called “Beenz” meant for earning loyalty points and paying online. After raising $100 million in VC funding, the startup failed to gain traction and eventually folded in 2001. Even virtual currencies used in multi-player online games do hold real-world value in terms of their