In Kodak’s Q4 earnings call last night, the CEO gave more color on its blockchain and crypto initiative, KODAKOne and KODAKCoin. The company is very optimistic about its potential. However, as someone who has experience dealing with this company and management team, I must warn readers that they have a history of hyping new technologies which resulted in failures. The company is struggling with crushing debt and pension liabilities — I wish Kodak the best on their blockchain investments, but the outcome will be ugly if they fail again. But don’t take my words for it, read what the CEO has to say in the excerpt below!
Some very strange news today from the Siberian Times, as $368 million worth of gold and other precious metals fell out of a plane in Russia and is scattered all along the runway. More gold continued to fall as the aircraft flew- Some gold bars were found as far as 26 km away from the airport! It seems as though the gold shifted in the plane and was too heavy for the fuselage.
According to Google trends, searches of both Bitcoin and cryptocurrency have been rapidly declining since December, as people seem to be losing interest. In fact, search interest in Bitcoin is less than 20% of its all time high in mid-December!
What does this mean for the crypto market? Without interest from the mainstream, will crypto prices continue to plummet to zero?
I looked at the history of Bitcoin search interest to see if there were other instances where the search interest fell to less than 20% of the peak at the time. What I found was surprising.
Every year, like other public companies, IBM hosts an Analyst Day where they share detailed plans with investors and analysts. But in this year’s Analyst Day, unlike other companies, IBM’s ambition is nothing short of world domination as they parade their quantum computing, AI, and — YES — blockchain capabilities. We’ve covered IBM before (this article and this article) and the trend is clear: IBM’s enthusiasm for blockchain technology is growing exponentially. Don’t take our words for it, read the excerpts below!