MoneyGram and Ripple testing bank transfers of the XRP cryptocurrency. Fortune Staff Writer Jeff John Roberts explains why this partnership is so significant.
"Unlike Bitcoin or Ethereum, it (Ripple) is centrally controlled," explains Roberts. "This is Ripple's moment of truth because people are speculating on XRP." With transaction fees so high for Bitcoin, some investors are seeing Ripple as a good alternative.
"Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid," MoneyGram CEO Alex Holmes said Thursday. In the release announcing this partnership, both Ripple and MoneyGram promoted the efficiency and speed of this digital currency.
Airbnb says it will be blocking and canceling reservations in the Washington, D.C. area during the week of the presidential inauguration.
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Virginie Helias, chief sustainability officer at Procter & Gamble, spoke to Cheddar about the consumer goods manufacturer's initiatives to take on climate change and waste.
Boston Dynamic's vice president of business development Michael Perry talked to Cheddar about the variety of roles that its robot dog Spot could fill in business — and in the every-day lives of people.
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Matanya Horowitz, CEO of AMP Robotics, spoke with Cheddar about how the company's latest fundraise will help it improve its robotic recycling system.
Mbye Njie, an activist and founder of the Legal Equalizer app, joined Cheddar to explain how the product might help Black and minority drivers and police officers alike during a traffic stop.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
After years of treating President Donald Trump’s inflammatory rhetoric with a light touch, Facebook and Instagram are silencing his social media accounts for the rest of his presidency.
The newly formed Alphabet Workers Union is looking to bring back the days in Google's company culture when workers were lauded for dissent on ethical and moral grounds.
