Hackers have compromised the Bitcoin exchange Bitfinex, the company announced today, withdrawing roughly $61 million from various consumer accounts. The causes are still unclear, but the attackers appear to have bypassed Bitfinex’s mandated limits on withdrawals.
"The theft is being reported to – and we are co-operating with – law enforcement," the statement reads. "We ask for the community’s patience as we unravel the causes and consequences of this breach", the company posted the note on their website detailing the security breach.
Biogen is in the sights of giants like Merck and Allergan. According to rumors reported by the Wall Street Journal, Merck and Allergan they would have raised the possibility of an acquisition of the US biotechnology group. Negotiations are at an early stage.
If it happens, it’d be the biggest deal since 2008 when Roche acquired Genentech. Representatives from Merck and Biogen did not immediately respond to request for comment. Allergan declined to comment.
Microsoft has announced plans to lay off 2,850 employees in the next 12 months. In particular, the company highlighted that in addition to the reduction of 1,850 jobs announced in May, will cut 2,850 more workers by the end of fiscal 2017.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday. Initial jobless claims grew by 14,000 to 266,000 in the week ended July 23, compared to the previous week’s revised figure of 252,000, while market analysts expected jobless claims to rise by 9,000 to 261,000 in the reported week.
Facebook closed the second quarter of 2016 with profits almost tripled from a year before surpassing estimates, thanks to advertising revenue, the market expected strong decline. The title, in the after market, has gained more than 6%, exceeding for the first time the $ 130 per share. Moreover, the number of users continues to rise.
About 1.71 billion people have used at least once a month, + 15% per year while in the first quarter were 1.65 billion. Those who have used each month the largest social network in the world through a mobile device were 1.57 billion (+ 20%) against 1.52 billion in the January-March period.
The markets have been all over the place since the Brexit vote. However, this rases opportunities on the currency market, even in a context of high volatility. We could observe a US dollar acting as a safe haven in the wake of the vote, and still resilient during the rising markets that followed.
Twitter still does not convince the market and to experience insufficient growth. Reporting its second-quarter earnings, Twitter fell short of expectations with a $107 million net loss on $602 million in sales. At a 20% gain year-over-year, this is Twitter’s slowest quarter of revenue growth since it went public. Shares dropped by 10% in after-hours trading. The social network also continues to be unable to solve the problem of growth: Users do not increase in the US and are growing too little in the rest of the world. The only monthly users were 313 million, slightly above the consensus of 312.1 million.
Hillary Clinton is officially the candidate of the Democrats in the upcoming US presidential election, as well as the first woman to run for the White House. She was nominated as a result of a vote of the delegates of the party, gathered at the convention in Philadelphia.
Finished counting, she has passed the threshold of 2,383 preferences, needed to be chosen. For the final go-ahead, however, it was not until his Thursday night speech in which she will communicate to accept the nomination.
For qualified investors / professional clients only
In order to proceed, you must confirm that you are a qualified investor based in Switzerland
The information contained in this section have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document.
Before investing in a product please read the latest prospectus carefully and thoroughly and note that funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided without any guarantee or warranty and are for the recipient's personal use and information purposes only