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.
Saoud Khalifah, co-founder and CEO of Fakespot, spoke to Cheddar about helping consumers protect themselves from e-commerce scams during the holiday season.
Discovery is joining the increasingly crowded streaming fray with its own reality-focused service Discovery Plus that will include shows from the Food Network, HGTV, TLC.
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Peter Rawlinson, CEO of electric vehicle maker Lucid Motors, joined Cheddar to discuss its new plant in Arizona and hopes for a more supportive policy on EVs from the incoming Biden administration.
Business software pioneer Salesforce.com is buying work chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against one of the industry’s longtime powerhouses.
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Greg Foss, senior cybersecurity strategist at VMware Carbon Black, said the security industry is watching a "significant rise" in large-scale e-skimming attacks.
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Federal Communications Commission Chairman Ajit Pai, a Republican, says he is leaving the telecommunications regulator on Inauguration Day.
