Ethereum blasts to new high, cracks $1,000 for the first time

Ethereum is currently the third-largest cryptocurrency by market value, after being dethroned by another altcoin, Ripple’s XRP, last week. The Ethereum Foundation is launching two new subsidy programs to boost research into the scalability and development of the distributed ledger. Alternative cryptocurrency ethereum broke a fresh record high Thursday. The digital currency broke the $1,000 […]

5 Big Snapchat Predictions for 2018

Snap Inc. (SNAP) took Wall Street on a roller coaster ride in 2017. It’s easy to forget that the social media company started off the year as the darling of Silicon Valley and in March held the biggest IPO since Alibaba Group Holding Ltd. (BABA – Get Report) , raising an impressive $3.4 billion. Snap’s […]

RFG Rejects Allegations It Runs ‘Brutal Business’; Shares Slump 22%

Retail Food Group (RFG.AU) has denied media reports it is running its franchisees into the ground with a brutal business model. A Fairfax Media investigation alleges that RFG, Australia’s biggest food franchise operator, is charging crippling franchise fees and other costs in its search for fatter profits, driving some operators into bankruptcy and has led to systemic staff underpayment. […]