eBay jumps on the NFT train

Published

3 years ago

May 12, 2021

Global eCommerce platform eBay has jumped onboard the NFT train.

The online platform is now allowing the sale of non-fungible tokens for digital collectibles like trading cards, images, and video clips.

NFTs which are virtual assets that exist on a blockchain ledger has exploded in popularity this year, as enthusiasts spend enormous sums of money on artwork and other items that exist only online.

eBay has become the first e-commerce company to tap into the recent frenzy around NFTs.

NFTs are usually bought with the cryptocurrency Ethereum, or in dollars and the blockchain keeps a record of transactions.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.