Tag: WSJ

Google plans to expand office space in New York City: WSJ

Google plans to expand office space in New York City: WSJ

Algolia
(Reuters) - Alphabet Inc’s (GOOGL.O) Google is nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers, The Wall Street Journal reported on Wednesday, citing sources. A Google logo is seen at the company's headquarters in Mountain View, California, U.S., November 1, 2018. REUTERS/ Stephen Lam Google’s deal to buy or lease 1.3 million-square-foot office building at St. John’s Terminal could house nearly double the search giant’s current staffing in the city, WSJ reported. The plan, would give Google room for nearly 20,000 staff in the city, including those it has now, WSJ said. Google’s reported plan for expansion in New York comes at a time when Amazon.com Inc (AMZN.O) could add 25,000 jobs if it chooses the city as one of
1 in every 5 ICOs is phony, WSJ study finds

1 in every 5 ICOs is phony, WSJ study finds

Cludo
You might read about fraudulent initial coin offerings (ICOs) once in a while but turns out the number runs deeper than what usually gets reported. After researching a total of 1,450 ICOs, The Wall Street Journal (WSJ) found that more than one-fifth of them show signs of being a scam. For the record, this means there are at least 271 cryptocurrency startups that are likely fraudulent. The study indicates that at least 124 ICOs faked or concealed team members, 111 had plagiarized white papers, 48 lacked a functioning website, and 25 guaranteed definite return on investment (something SEC explicitly forbids). As per WSJ, while many of these ICOs have shut down, some continue to raise money from unsuspecting investors. The findings further suggest sketchy c...