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Asian company should offer more than $ 490 billion to buy Qualcomm

Asian chip maker Broadcom has already been trying to buy Qualcomm, the US company responsible for the smartphone processors of the Snapdragon line. Broadcom had already made an offer of about $ 130 billion, which Qualcomm declined; now, according to sources heard by Reuters, the Asian company intends to increase ...

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Despite quarterly loss, Google’s owner records record revenue in 2017

Alphabet, the company that controls Google, posted a loss during the last quarter of 2017, but also posted record revenue throughout the year. In the final months of last year, the company recorded $ 3 billion in losses. The damage was attributed to the United States tax reform, which increased ...

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Facebook exceeds 1.4 billion daily users and announces record revenue

Facebook reported yesterday its balance sheet for the fourth quarter of 2017 and, for a change, the company’s numbers broke records. More than 1.4 billion people worldwide (more than the entire population of China) access the social network every day, according to the company. Considering the number of people who ...

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Website that preserves internet history receives millionaire donation in bitcoins

Internet Archive, a website founded in 1996 to preserve the history of the global computer network, announced yesterday that it has received a $ 1 million gift in bitcoins. The money, according to the website, came from an anonymous philanthropic fund called the Pineapple Fund. In order to serve as ...

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Fall of bitcoin obliges brokerage firms to suspend buying and selling of crypto-coins

The sharp fall in the value of bitcoin and other crypto-coins on Friday, 22, forced several brokerage firms to suspend the purchase and sale of virtual securities for an indefinite period. Coinbase, the world’s largest bitcoin broker, was one of them. In Brazil, the fall in the value of the ...

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Venezuela wants to register bitcoin miners

One of the problems that governments are facing with bitcoin and other crypto-coins is the lack of regulation. However, the Venezuelan government intends to change this scenario by requiring that miners of virtual currencies be registered. According to Übergizmo, President Nicolás Maduro has named Carlos Vargas as the first “superintendent ...

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Bitcoin debuts on the Chicago Stock Exchange and reaches $ 18,000

Bitcoin began trading on the Chicago Board Options Exchange on Sunday night. As the Chicago Tribune reports, CBOE futures do not involve real-life crypto-coins, but rather securities accompanying price changes based on the values ​​presented by the mining platform and digital currency exchange Gemini. ‘Futures’ are a type of contract ...

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Bitcoin mining consumes more energy than 159 countries together

Bitcoin mining worldwide consumes a total of 29.05 TWh (Terawatt-hour) of electricity annually – which equals 29 billion kWh (Kilowatt-hour), according to a survey conducted by the Digiconomist. In addition, data from Power Compare reveals that figure is equivalent to 0.13% of overall global electricity consumption, which does not seem ...

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MasterCard can adopt technology behind bitcoin

Companies linked to the banking sector often criticize the advent of crypto-coins like bitcoin, but sometimes it’s hard to turn a blind eye to innovation. The MasterCard card company, for example, can start using the technology behind the virtual currency: blockchain. The blockchain system is what ensures that transactions made ...

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Cryptomanced system failure ‘freezes’ more than $ 154 million

A bug in the Parity system code of digital wallets caused a value of more than $ 154 million to be frozen in user accounts. According to Parity, the problem affects all users of their system’s multi-signature portfolios, used to manage funds in the Ethereum cryptomore, created after July 20. ...

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