Bank of Canada Becomes First to Signal Exit from Stimulus

(Bloomberg) -- The Bank of Canada took the biggest step yet by a major economy to reduce emergency levels of monetary stimulus as it hailed a stronger-than-expected recovery from the pandemic.Policy makers led by Governor Tiff Macklem said Wednesday they would scale back their pu … | Continue reading | 14 hours ago

Tesla with ‘No One’ Driving Crashes in Texas, Killing Two

(Bloomberg) -- A Tesla Inc. electric car that “no one” appeared to be driving crashed late Saturday in Texas, erupting into flames and killing the two passengers, according to local authorities.One victim was found in the front passenger seat of a 2019 Model S and the other was i … | Continue reading | 4 days ago

Microsoft launches Edge Kids Mode, the first kid-friendly version of a browser

Microsoft has launched a kids version of its Edge browser, offering parents a less cumbersome way to keep their kids safe online. | Continue reading | 5 days ago

US Government Sanctions Crypto Addresses Linked to Russian Election Fraud Scheme

The move is part of a sweeping set of actions taken by the U.S. government against alleged Russian election interference. | Continue reading | 7 days ago

Third of Covid survivors suffer neurological or mental disorders -study

One in three COVID-19 survivors in a study of more than 230,000 mostly American patients were diagnosed with a brain or psychiatric disorder within six months, suggesting the pandemic could lead to a wave of mental and neurological problems, scientists said on Tuesday. Researche … | Continue reading | 16 days ago

Credit Suisse unloads another $2.3B of Stocks Tied to Archegos

(Bloomberg) -- Credit Suisse Group AG unloaded about $2.3 billion worth of stocks tied to the Archegos Capital blowup more than a week after some rivals dumped their shares and skirted losses.The Swiss bank hit the market with block trades tied to ViacomCBS Inc., Vipshop Holdings … | Continue reading | 17 days ago

Enterprise Blockchain Doesn’t Work Because It’s About the Real World

Recording bitcoin transactions on a blockchain is fundamentally "more accurate" than using a blockchain for, say, birth certificates. | Continue reading | 22 days ago

Pressure mounts on financial regulators to address Archegos debacle

Regulators in DC are starting to feel the pressure to address the fallout from Archegos Capital, the faltering family firm that could inflict up to $10 billion in losses on some of the world’s largest banks. | Continue reading | 23 days ago

This afternoon Substack, a paid-newsletter startup, confirmed that it has raised $65 million, as initially reported by Axios. The company wrote that intends to "rapidly" expand its Substack Pro program, which pays writers for a year to assist them in launching their own mini-pub … | Continue reading | 23 days ago

One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

(Bloomberg) -- From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him -- until suddenly, everyone did.Hwang and his private investment firm, Archeg … | Continue reading | 24 days ago

Ray Dalio: ‘Good probability’ the U.S. will outlaw Bitcoin

Bridgewater Associates founder Ray Dalio joins 'Influencers with Andy Serwer' to share his thoughts on Bitcoin and cryptocurrencies. | Continue reading | 24 days ago

News Dumplings in Chinatown Vegas

The new delicacies are shrimp and cucumber-filled soup dumplings, and a beef-filled soup dumpling that is made with 100% Angus beef. Sheng Jian Bao, Xiao Long Bao's pan-fried pork-filled cousin will also be available with a 100% beef filling. Jimmy Li will introduce the new soup … | Continue reading | 25 days ago

Dominion Voting official: this never ends

In the most in-depth print interview he has given since going into hiding that month, Eric Coomer describes below what it’s like to be public enemy number one to the conspiracy theorists who falsely blame Trump’s election loss on voting-machine fraud. | Continue reading | 27 days ago

DigitalOcean, the cloud for developers, startups and SMBs, today announced the pricing of its initial public offering of 16,500,000 shares of common stock at a price to the public of $47.00 per share. | Continue reading | 29 days ago

Intel CEO: “We will pursue opportunities with Apple”

Intel CEO Pat Gelsinger offers an update tone on the company's relationship with Apple. | Continue reading | 29 days ago

Tech jobs may disappear in the face of automation

New innovations in artificial intelligence and machine learning have left an existential question to the workers: When does coding software replace the need for coders themselves?  | Continue reading | 1 month ago

USV has been aggressively selling off shares in Coinbase in run up to IPO

Coinbase’s S-1 publicly dropped this morning, with much anticipation. My colleague Alex Wilhelm has the high-level details, but there was one major wrinkle for the crypto trading darling: two of its early investors seem to be cutting down their stakes pre-IPO. The most notable … | Continue reading | 1 month ago

For example, a New Yorker article late last year identified several writers (Anne Helen Petersen, Matthew Yglesias)  who'd accepted “substantial” advances and others (Robert Christgau, Alison Roman) who'd started Substack newsletters without striking deals with the company. Last … | Continue reading | 1 month ago

Tesla's Bitcoin investment has carbon footprint of 1.8 million cars

Bank of America's major report on bitcoin concludes that the cryptocurrency has a large and growing impact on the environment. | Continue reading | 1 month ago

Baidu Raises $3.1B from Second Listing in Hong Kong

(Bloomberg) -- Chinese search engine Baidu Inc. raised HK$23.9 billion ($3.1 billion) in its Hong Kong share sale, sealing the latest in a string of blockbuster equity offerings in the financial hub.The company priced its sale of 95 million shares at HK$252 each, according to a f … | Continue reading | 1 month ago

$5.7M stolen in Roll crypto heist after hot wallet hacked

A security breach at cryptocurrency platform Roll allowed a hacker to obtain the private key to its hot wallet and steal its contents — worth about $5.7 million. "As of this writing, it seems like a compromise of the private keys [sic] of our hot wallet and not a bug in the Roll … | Continue reading | 1 month ago

The optics don’t make immediate sense — there’s hardly any appeal in something as accessible as a Google image or street. The token, minted on the blockchain, can give digital assets a unique signifier. This context is part of the reason why Beeple, a digital artist, had his ar … | Continue reading | 1 month ago

Google Must Face Suit over Snooping on ‘Incognito’ Browsing

(Bloomberg) -- Google failed to kill a lawsuit alleging that it secretly scoops up troves of internet data even if users browse in “Incognito” mode to keep their search activity private.The consumers who filed the case as a class action alleged that even when they turn off data c … | Continue reading | 1 month ago

China streamlines visas for own vaccine recipients in Hong Kong

China's foreign ministry office in Hong Kong said that it will simplify mainland China visa applications for foreigners in the city who have been inoculated with Chinese-made COVID-19 vaccines. The simplified process, effective from Monday, resumes pre-pandemic application requi … | Continue reading | 1 month ago

Facebook and Twitter algorithms incentivize 'people to get enraged': Isaacson

Author Walter Isaacson — best known for his biography of late Apple CEO Steve Jobs — said social media platforms should take more responsibility for the extremism and misleading information fostered by their sites. | Continue reading | 1 month ago

Roblox now a public company via direct listing. Market cap is $37B

Find the latest Roblox Corp (RBLX) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading | 1 month ago

Biden Flashes Warning to Big Tech as Antitrust Team Takes Shape

(Bloomberg) -- President Joe Biden’s plan to put two progressive antitrust scholars in top positions signals an aggressive approach to combating corporate consolidation and monopoly power, especially that wielded by technology giants such as Alphabet Inc.’s Google and Facebook In … | Continue reading | 1 month ago

Zapier Acquires Makerpad

Zapier, a well-known no-code automation tool, has purchased Makerpad, a no-code education service and community. TechCrunch has covered Zapier often during its life, including its first, and only fundraising event, a $1.2 million round back in 2012 that tapped Bessemer, DFJ, and … | Continue reading | 1 month ago

Why Google's social network was a spectacular failure

Google+ is one of the company’s biggest failures and deepest embarrassments to date. | Continue reading | 1 month ago

2021: We wanted flying cars, we got Twitter “undo” button (for paying users)

Twitter Inc is testing an "undo send" function that would give users a short time to withdraw a tweet before it is posted, the company confirmed on Friday. App researcher Jane Manchun Wong, who discovers unannounced social media features by looking at the sites' code, tweeted an … | Continue reading | 1 month ago

Twitter is testing an undo send button that lets you instantly take back a sent tweet. | Continue reading | 1 month ago

China Region Declares War on Crypto Mining

(Bloomberg) -- China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the power-hungry practice.The autonomous region, a favorite among the industry b … | Continue reading | 1 month ago

Amazon worker sues company, claiming race and gender bias in corporate hires Inc. was sued for allegedly discriminating against Black and female workers in hiring employees for its corporate offices. | Continue reading | 1 month ago

Cardano Becomes a Multi-Asset Blockchain with Today’s Hard Fork

Enabling new tokens is a step on the path to full smart-contract functionality. | Continue reading | 1 month ago

Rocket Lab to go public in merger with SPAC VACQ, valuing company at $4.1B

Rocket Lab USA Inc. announced Monday it will be going public through an acquisition by special purpose acquisition company (SPAC) Vector Acquisition Corp. , in a deal that values the launch and space systems company at $4.1 billion. Vector Acquisition's stock soared 20.5% in prem … | Continue reading | 1 month ago

SEC Suspends Trading in 15 Stocks That Got Hyped on Social Media

(Bloomberg) -- U.S. regulators are engaging in the stock market’s version of whack-a-mole -- racing to suspend shares of companies with dubious prospects that have been hyped to the moon on social media.In a Friday statement, the Securities and Exchange Commission said it tempora … | Continue reading | 1 month ago

Why are people spending hours on Clubhouse? It's not (usually) the money

Influencers of all stripes are racing to build up their followings on Clubhouse, spending hours a day on the audio app. Why are people doing this? | Continue reading | 1 month ago

Vintage technology: 'It sounds so much cleaner'

Why do people like to use ancient personal organisers and music players? | Continue reading | 1 month ago

Coinbase listing filing shows surge in revenue amid Bitcoin boom

Coinbase, the biggest U.S. cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing on Thursday to go public, revealing that it had swung into profit last year as bitcoin surged. Approval from the U.S. Securities and Exchange Commission for a listing w … | Continue reading | 1 month ago

GME stock halted trading after +103% daily

Find the latest GameStop Corporation (GME) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading | 1 month ago

FAA orders immediate inspections of some Boeing 777 engines after United failure

The Federal AviationAdministration (FAA) said on Tuesday it was ordering immediateinspections of Boeing 777-200 planes with Pratt & WhitneyPW4000 engines before further flights after an engine failed ona United flight on Saturday. Operators must conduct a thermal acoustic image i … | Continue reading | 1 month ago

Tesla CEO Elon Musk takes major u-turn on Bitcoin

Tesla CEO Elon Musk was involved in another Twitter storm overnight, tweeting that Bitcoin is “almost as BS as fiat money” in spite of Tesla’s recent $1.5 billion investment. | Continue reading | 2 months ago

Tesla cuts price of Model 3 and Model Y

Tesla has cut the base prices of the Model 3 and Model Y as it hopes to keep EV sales high. | Continue reading | 2 months ago

Goldman: Stay overweight U.S. equities, Bitcoin not an investable asset class

'[History] shows you that actually equities are the best asset class for store of value,' says the Investment Strategy Group's head, Sharmin Mossavar-Rahmani. | Continue reading | 2 months ago

Tesla Shares Video of Largest Die-Casting Machine

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has said Tesla wants to simplify manufacturing and increase output. One way it's doing so is by constructing its cars in the same way toy cars are made. This has allowed Tesla to produce a two-piece rear and front body casting as opposed to … | Continue reading | 2 months ago

Elon Musk, back on Twitter, turns his attention to Dogecoin

Cryptocurrency Dogecoin surged more than 60% on Thursday after billionaire entrepreneur Elon Musk tweeted about it, two days after he said he was to take a break from Twitter "for a while". Dogecoin, which is based on a popular internet meme, jumped 67.99% to $0.054496, accordin … | Continue reading | 2 months ago

Elon Musk Shares Video Showing Gigafactory Berlin Progress

Tesla Inc (NASDAQ: TSLA) is in the midst of building several factories around the world. Tesla recently reworked its Model S and X lines in Fremont, California to produce updated vehicles, and the company is also building new car production factories in Austin, Texas and Berlin, … | Continue reading | 2 months ago

Elon Musk Tweets in Support of Dogecoin After Price Grows 420% in a Day

Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin. What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter o … | Continue reading | 2 months ago