Author: Henry R. Lares

Henry Lares is still early into his career as tech reporter but has already had his work published in many major publications including Tech Crunch and the Huffington Post.  In regards to academics, Henry earned an engineering degree from Apex Technical School. Henry has a passion for emerging technology and covers upcoming products and breakthroughs in science and tech.

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Crypto Finance News

XRP is Not Meeting The Standards Of A Security

Ripple Foundation’s main market strategist, called Corey Johnson, said that the XRP isn’t a security in a meeting, as CNBC reports.

How sure is this thing?

Johnson disclosed to CNBC on Wednesday that Ripple was not a security as to alleviate hypothesis that XRP had not been added to digital currency trade Coinbase because of inquiries over its status. Johnson stated that they are not a security. Totally! They don’t meet the benchmarks for what a security depends on the historical background of a court of law.

Coinbase and Ripple had talked about the likelihood of adding its digital currency XRP to the trade, yet as per Johnson, they didn’t suggest the point of XRP’s status with regulators. Johnson also stated that Coinbase never, at any point, had the problems regardless of whether XRP is a security in their talk about posting XRP or not. They’re 100% clear that it’s not a security because they don’t meet the benchmarks.

Coinbase likewise revealed to CNBC that they didn’t talk about regulations with Ripple, and that their discussions spun around more wide criteria for adding assets for the trade.

They want to work with the government

Order of digital assets either as securities, property, or cash is troublesome in the US, as the government is yet to build up an unmistakable administrative structure. In a meeting with Cointelegraph from March, the CEO of Ripple, Brad Garlinghouse said that Ripple has dependably looked forward to working with the government.

He stated that they were from the earliest starting point looking into how they could function with governments, how they could work with banks. What’s more, they think that some people from the crypto group have been in particular thinking about how would they demolish the administration, how would they destroy the banks? He certainly thinks that that’s the thing that has separated them from the other and he thinks, at last, that governments aren’t going to stop their work and just vanish.

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Economy News

What are the Negative Effects of the Amazon Headquarters?

Amazon is planning to open its second headquarters and it has turned this into a contest. At the moment, numerous states and cities are competing in order to win the Amazon headquarters. That is because Amazon has promised that H2Q will improve the prosperity of the city, just as it has happened to Seattle.

While it is true that Seattle’s economic state improved thanks to Amazon and more than 40,000 people received a job, there are also some negative aspects. Here are some of them:

Gentrification

In Seattle, the Amazon headquarters led to bigger rents and growing prices, and soon it became hard to afford a place to stay, which also hurt the culture of the city. “High demand and low inventory creates bidding wars and animosity among those who can’t even afford a starter home in the city they grew up in,” explained Kurt Schlosser.

The homeless population is rising and that is because more and more people can’t afford homes. This becomes clear if we take a look at a homeless shelter. For example, Mary’s Place, a non profit shelter, had 2,300 beds in 2010, and the number went up to 170,000 in 2017.

Traffic

With a booming tech industry, there is also more traffic. Congestion got a lot worse as the Amazon headquarters attracts thousands of new residents. Seattle became one of the worst cities when it comes to traffic and it was even placed in top 10 US cites when it comes to this.

Local businesses are shut down

While the tech industry might see an evolution, local businesses had to suffer in Seattle. Numerous coffee shops, restaurants or grocery stores went out of business, and this happened mostly in the neighborhood where the Amazon headquarters is located.

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Economy News

American Tower Corporation (AMT) Stock Formed a Descending Triangle

The stock of the American Tower Corporation formed a bullish descending triangle pattern with $153.53 target. If we take a look at the triangle pattern for the last six months, it is safe to say that the risk is not high for the company.

The worth of the company could grow to $4.94B if the price reaches $153.53. The descending triangle pattern can offer us a lot of information and it might be even more useful than the ascending one. We can tell that the average rise and decline is 47% and the throwback rates are 37% and 54%. The rate for up and down breakouts is 7% and 16%.

The stock for American Tower Corporation stock decreased for $1.92 (by 1.33%) during the last trading session. A the moment, the price reached $142.16. When it comes to shares that were traded, there are around 1.53M.

American Tower Corporation shares

We can take a look at the American Tower Corporation investors and how many shares they all own. For example Highland Cap Management has 17,500 shares, while Bbva Compass National Bank Incorporated manages to surpass it at 19,086 shares. Meanwhile Selkirk Management Ltd Liability Com owns 49,150 shares, and Whitnell And invested 0.07% of its portfolio.

Trb Lp invested 2,54% in American Tower Corporation, WHILE Silvercrest Asset Mngmt Gp Lc has 11,709 shares or 0.02%. Symphony Asset Mgmt Limited Co invested 10,762 shares or 0.16%. First Interstate Comml Bank reported that it has  0.05% invested.

If we take a look at the complete picture, we can see that 301 investors raised stakes, while 47 sold their shares. Additionally, 280 investors reduced holdings when it came to American Tower Corporation. There were reported 377.89 million shares, which is 0.11% less than the 378.31 million shares that were reported in 2017Q3.

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Personal Finance

Top 4 CRM Apps to Successfully Use for Your Business

As technology advances, so are your business needs. Most likely, when you started your business, you didn’t need a software to keep track of all your contacts, suppliers or customers. However, times have changed and now it’s harder to keep everything organized. That’s why today we are going to have a look at the 4 best CRM apps to use for your business.

  1. Google Contacts

Although it’s an underrated option, Google Contacts is, in fact, an address book that is contained in Gmail. If you’re already using Gmail, that’s even better. It lets you add more information about your contacts, and Google will update their data with more information they have on Google+. Truth is, this is not marketed as a true CRM, and but it has some useful features. What makes it so great is the fact that you get a lot of the advantages you usually get with a CRM for free. And you don’t even need to install a new app.

  1. Nutshell

Ideally, a CRM software doesn’t leave it to you to do all the work. You don’t need to copy all the contact manually and update their profiles. Luckily, there is Nutshell. It pulls in all your Gmail conversations and presents you with the urgent things you need to do that day. Moreover, it shows some extra information about your contacts as well, such as time and weather where they are, the Twitter profile, etc. It costs $22/user/month.

  1. HubSpot CRM

Most likely, you wouldn’t expect the best CRM app for your business to be free. However, HubSpot is a great tool for which you don’t need to pay anything. It comes from a team that launched several marketing automation tools, so you can use it together with other professional marketing services. Of course, you can also use it on its own and pay nothing for it.

It’s useful because it draws plenty of information about the person or the company you are entering. Drag and drop fields, rearrange the lists, and customize it as you wish to make your work easier. Moreover, you can access premium features and an upgrade to the full marketing suite offered by Hubspot.

  1. Podio

Still looking for the best CRM app for your business? In that case, we still have one more suggestion. Podio is a CRM app currently run by the Citrix team. It includes almost everything you might need to run your own business. You will receive a lead-and-deal focused CRM, plus a dedicated Contacts app.

If you were to look at each of the individual apps, they’re simpler than other similar apps. However, if you take them all together, they’re a great way to integrate all your information. What’s more, you can start building your own apps if you need. You can take advantage of a group chat, status updates in the style of a social network, and plenty other features.

Summing Up

So which one is better? Between Podio, HubSpot, Nutshell, and Google Contacts, we can’t really decide on one universal CRM app that can suit everybody’s needs. Truth is, each of them is good on their segment. In the end, it’s all up to you. You need to decide which features you need most, and then choose the CRM software that helps you most. Luckily, there is a huge array of options to choose from.

If you can’t decide, there are plenty of online reviews that can guide you. The price is also a factor to consider. Thankfully, some apps are free, so you don’t need to set aside a budget for them. Good luck choosing the best option for you!

Categories
Finance News Personal Finance

Coinbase to Support Startups in the Industry

It looks like the Francisco based cryptocurrency firm has decided to create a capital fund that is going to support companies willing to work on cryptocurrency trading, cryptocurrency exchange and cryptocurrency brokering. This fund will only support companies, not startup crypto assets.

More about this endeavor

The president of the company announced that they are going to focus primarily on crypto companies. This announcement was made this Thursday. He said that they are willing to do this because they want to see crypto companies have the funds they need in order to invest in their own goals and grow over a period of time. He dismissed the idea that Coinbase had decided to create this fund so that later on they could add the other tokens to their own exchange in order to profit.

The company has been known because it has an alumni network. Moreover, the company wanted to say that they are not afraid to invest in companies that may have already attracted other investors. Their fund will start off at $15 million and it could grow with time as the revenue that Coinbase makes increases. However, that is slightly unlikely to happen in the near future.

This announcement about their fund had come up after a very short period of time, a couple of week to be exact, cine Coinbase decided to release their latest index fund. This is a product meant specifically for investors that have been accredited.

Some people have been wondering when and if Coinbase is going to add a fifth cryptocurrency to their platform. In order to denounce these rumors, the president of the company has stated that, at the moment, the company is not looking to annex a fifth token. In the future maybe that is going to change but for now things are pretty stable.

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