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.
Rohit Prasad, head scientist for Amazon's Alexa unit, said developments in machine learning have led to leaps in Alexa's ability to recognize speech and provide useful answers in four main categories.
Trivago Chief Financial Officer Axel Hefer will replace co-founder and CEO Rolf Schrömgens at the end of the year.
As the world's population swells to 9.2 billion people and developing nations meet demands for electrification, global demand for energy will soar by 25 percent by 2040, according to the 2019 World Oil Outlook published by OPEC.
Azure Arc was unveiled at Microsoft's Ignite 2019 conference that featured a number of new tools and services for enterprise customers to use programs across offerings from Amazon and Google.
CEO Brian Chesky tweeted the company's steps following the shooting in Orinda, California, which include expanded screening of "high-risk reservations" and the creation of a "party house" response team.
Fiat Chrysler's proposed $48 billion blockbuster deal to join forces with Peugeot is about something much simpler: scale – a move designed to bankroll expensive new investments in electric vehicles and autonomous vehicles.
These are the headlines you Need 2 Know for Monday, November 4, 2019.
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.
Newsweek's and friend of the show, Steven Asarch joined us to discuss his early thoughts on the upcoming action role-playing video game, The Outer Worlds.
These are the headlines you Need 2 Know for Thursday, October 31, 2019.
