Docker is the biggest startup in containers that made it to the Billion Dollar Club in 2015. It recently raised another round of funding that valued it at $1.3 billion. Docker’s Offerings San Francisco-based Docker was founded in 2010 by YCombinator alumni Solomon Hykes. Docker was initially called dotCloud and offered a software hosting service. By 2013,…
The State of Thailand has approached the completion of the regulatory framework for taxation of digital currencies. According to a report by Nikkei Asia, investors in Thailand’s digital currency are expected to face 7% VAT on all deals and 15% on capital gains. This comes in the role of the Thai government in the…
Facebook (FB) is in the midst of a public relations firestorm over who has access to its user data and how they use it. The company has now decided tostop using third-party data providers like Experian (EXPGY) and Acxiom (ACXM) for ad targeting: Facebook says it will stop using data from third-party data aggregators —…
Will a counter-trend defy the death cross? Video Length: 00:14:19
Upon the recent publication of an article highlighting the performance of rather lightly traded ETF, a reader commented that, despite the fund’s attractiveness, he remained an unlikely investor. He cited the fund’s low daily turnover as his concern. Fair enough; I’m not in the business of making recommendations. But his comment got me thinking. There are lots…
Oil prices are on the rise after Baker Hughes reported the U.S. oil-rig count fell by 7 to 797 rigs. After recent increases that might not seem like alit, a lot of oil traders now know that to keep U.S. shale production rising you must keep on drilling. Steep shale decline rates means you can’t…
Richard Clarida, heavily tipped to be the new Fed Vice-Chairman, has propounded an interest rate theory of the “new neutral.” This states that the Federal Funds rate at full employment, when policy is neither loose nor tight, should revolve around an interest rate of 2% instead of the previous 4% — in other words zero…
Personal income and spending data from February intimates a weak Q1 GDP report, but doesn’t suggest any imminent downturn. The first graph below compares real personal spending with real retail sales: Real retail sales have pulled back from their autumn surge, and real personal spending has also declined slightly from its last peak in December….
The markets are looking towards new trading week, marking the start of the second quarter. The economic calendar is looking busy, at least where the USD is concerned. With Monday being the Easter bank holiday, the European markets are expected to remain shut. US Payrolls and RBA meeting are up. Data from the U.S. will start…
Here in Texas you know spring is here when our state flower, the bluebonnet, pops up everywhere. I was at the Masters in Augusta last year, and the azaleas were beautiful. But they are cultivated and take a lot of work to bring out their beauty. The bluebonnet is pure Texan. It is independent and…
