Reddit Co-Founder on small business loans
Alexis Ohanian, co-founder of VC fund Initialized Capital and Reddit co-founder, joins “Closing Bell” to discuss his company and small business loans.
While Tether (USDT) is currently the most popular stablecoin by far when it comes to trading volume and market capitalization, the latest Exchange Review from CryptoCompare shows that other stablecoin projects such as USD Coin (USDC), Paxos Standard (PAX) and TrueUSD (TUSD) have gained modest ground in the last few months, reducing USDT’s market share in monthly Bitcoin (BTC) volume traded into stablecoins from approximately 98% in July 2019 to 92% in March.
Harvard Business School Online is trying its best to turn the sheltered-in-place off of such Netflix documentaries as Tiger King and reality show Love Is Blind and turn them on to building on their business skills in the wake of the pandemic. Harvard has slashed the price of its CORe (Credential of Readiness) program by 80% to just $450 to more than 50,000 undergraduate students at 30 different collaborating colleges and universities.
While the world continues to struggle with the coronavirus outbreak, Apple, which has been criticized for years for not spending enough of its cash on acquisitions, is starting to flex that muscle and make some purchases. In just the past week, Apple has closed in on three acquisitions. The company kicked off last week’s buying spree with the acquisition of DarkSky, a popular weather app that has been widely viewed as the best weather app in the industry.
A group of Edinburgh students and alumni have turned over their entire business – the 3D printing of prosthetic limbs – to join the efforts being undertaken across the UK to manufacture PPE (personal protective equipment) for NHS frontline staff. The start-up company, called Augment Bionics, began two years ago. It is the brainchild of two former students, who wanted to create alternative options for NHS patients in need of prosthetic limbs. However, on realising that their manufacturing equipment – high-end 3D printers – could be converted to create much-needed protective clothing, such as face shields, for medical staff treating people with coronavirus, the current team didn’t hesitate to make the changes required.