Bitcoin Has 'No Intrinsic Value,' As UK Moves Towards Crypto Ban
Bitcoin and cryptocurrency regulation has been pushed into the limelight over recent weeks, thanks to social media giant Facebook's high profile plans to launch its own potential rival to bitcoin sometime next year.
Why Silicon Valley Investors Just Can't Quit Saudi Money
Silicon Valley is beginning to question its ties with Saudi Arabia. But there are many skeptics these days who privately question whether the relationship will actually change once the news of the day moves away from the Middle East.
Gabrielle Bernstein: The Universe Has Your Back | SuperSoul Sessions | Oprah Winfrey Network
Many of us believe the universe sends us messages, whether we notice them or not. Gabrielle Bernstein says one of those messages for her came in the form of a turkey! Yes, a turkey! Gabrielle explain...
Google Gets Closer To Building Its Own City In San Jose
Google has been making major development moves in downtown San Jose and recently the City Council agreed to negotiate a sale of 16 parcels of land owned by the city. Here's how this real estate investment can benefit the company and the area.
Early VC Behind Uber, Snap Invests In Marijuana Breathalyzer
In a first for the legal marijuana industry, a prominent venture capital firm has made moves to cash in. Hound Labs, an Oakland-based startup that makes a breathalyzer for marijuana, announced a new $8.1 million round of funding led by Benchmark Capital. In the past, the Silicon Valley venture firm made early bets on Uber, Snap, Dropbox, and WeWork, among other technology giants.
Chinalco Wants To Be Sole Owner Of World’s Largest Iron Ore Deposit
By analyst By Cecilia Jamasmie Aluminum Corp. of China, better known as Chinalco, is said to have approached the Guinean government with a proposal to take over the entire Simandou iron ore project, the world’s largest untapped resource of the steelmaking ingredient. The moves comes about seven months after Rio Tinto (ASX, LON:RIO) agreed to sell to the Chinese company its 46.6% stake in the giant project for up to $1.3bn. The deal gave Chinalco almost 80% of the project, with the Guinean government holding the rest. While the requested parts of the project belong to Guinea, they are at...
Ultra-Rich Investors Shift To Real Estate
Michael Sonnedfeldt, founder of Tiger 21, discusses significant moves in investing in real estate.
Survey Sees Shift To Active Strategies For Emerging Markets Investments
Even as the US moves towards passive investing and indexing approaches, it appears that institutional investors will need to be more focused on an active investment approach to their emerging market equities investments in future.
Cocoa Hedge Fund King Anthony Ward Said To Post First-Ever Loss
The CC+ cocoa hedge fund, run by Armajaro Asset Management LLP’s famed trader Anthony Ward, lost money in 2016 for the first time since its inception a decade ago, according to people familiar with the matter. The loss shows how even one of the most storied traders in the industry was caught out by unexpected moves in cocoa futures, said the people, who asked not to be identified because the fund’s performance is private. Gains from coffee -- the second "c" in the CC+ name -- helped compensate for some of the wrong-way cocoa bets, they said. The loss was in...
Chatham University Moves Some Endowment Investments From Fossil Fuels To Green Companies
<p>Chatham University is inching closer to divesting its $80 million endowment fund of investments in the fossil fuel industry.</p> <p>At a recent meeting of the investment committee of the Board of Trustees, members voted to approve two new investment opportunities that are specifically aimed at excluding fossil fuels and supporting sustainable energy.</p> <p>Chatham’s Senior Vice President of Finance, Walt Fowler, said reducing the university’s support of fossil fuel companies is in line with its goal of pursuing sustainability in every part of its operations.</p>