Apple CEO Tim Cook is right — A more open iPhone could carry a hidden cost for consumers

Apple CEO Tim Cook is right that opening up the App Store could put iPhone users in danger. | Continue reading


@finance.yahoo.com | 2 years ago

Axie Infinity Gamers Spent $6.7M on NFTs over Past Week

Meanwhile, usually top-performing NBA Top Shot is in second place, with $6.57 million in volume across 262,000 sales. | Continue reading


@finance.yahoo.com | 2 years ago

Producer: 'Bridgerton' success shows why diversity 'is good business' Hollywood

Film producer James Lopez says he's seen a shift in Hollywood's collective consciousness when it comes to diversity: 'Things are changing' | Continue reading


@finance.yahoo.com | 2 years ago

DeFi100 coin exit scams, runs away with $32M

A not-so-classy message on the DeFi100.org website told investors they'd been fooled and "you can't do [the slightest thing] about it." | Continue reading


@finance.yahoo.com | 2 years ago

European renewables giant sues Texas for the loss during Feb ice storms

German utility RWE is taking Texas to court after authorities intervened in the state’s power market during the February ice storm. | Continue reading


@finance.yahoo.com | 2 years ago

Wealth inequality will get worse with more free money – Gundlach

'[The] stimulus hasn't helped our productive base, it's helped China, and it's helped certain very rich people in Silicon Valley,' says billionaire bond king Jeffery Gundlach. | Continue reading


@finance.yahoo.com | 2 years ago

Microstrategy buys another $10M Bitcoin

The listed firm now holds 92,079 BTC bought for a total of $2.251 billion. | Continue reading


@finance.yahoo.com | 2 years ago

The World Economy Is Suddenly Running Low on Everything

(Bloomberg) -- A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying m … | Continue reading


@finance.yahoo.com | 2 years ago

Gundlach: Stimulus checks are opening the door to universal basic income

'My guess is that they're, they're ready to roll out another one because that's just been the pattern,' Gundlach tells Yahoo Finance. | Continue reading


@finance.yahoo.com | 2 years ago

‘Covid Zero’ Havens Find Reopening Harder Than Taming Virus

(Bloomberg) -- A smattering of places, mainly across the Asia Pacific region, have seen breathtaking victories in the battle against Covid-19 by effectively wiping it out within their borders. Now they face a fresh test: rejoining the rest of the world, which is still awash in th … | Continue reading


@finance.yahoo.com | 2 years ago

Prime today, gone tomorrow: Chinese products get pulled from Amazon

If you ever bought power banks, water bottles, toys or other daily goods on Amazon, the chances are your suppliers are from China. Analysts have estimated that the share of Chinese merchants represented 75% of Amazon's new sellers in January, up from 47% the year before, accordi … | Continue reading


@finance.yahoo.com | 2 years ago

Pipeline Paid $5M Ransom

(Bloomberg) -- Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people fam … | Continue reading


@finance.yahoo.com | 2 years ago

Bitcoin sinks after Elon Musk says Tesla will not accept the digital coin

Elon Musk said on Wednesday that Tesla would stop accepting Bitcoin in car purchases. | Continue reading


@finance.yahoo.com | 2 years ago

Tesla stops taking Bitcoin payments for vehicles over climate concerns

Bitcoin, the world's biggest digital currency, fell more than 7% after the tweet and was trading at $52,669. Musk said Tesla would not sell any bitcoin, and intends to use bitcoin for transactions as soon as mining transitions to more sustainable energy. | Continue reading


@finance.yahoo.com | 2 years ago

IBM looks to 'unlock value' with new AI and cloud initiatives

IBM is doubling down on hybrid cloud and artificial intelligence as CEO Arvind Krishna takes steps to modernize the legacy company’s tech business. | Continue reading


@finance.yahoo.com | 2 years ago

Canadian Issuer Is Making Its Bitcoin ETF Carbon-Neutral

(Bloomberg) -- Ninepoint Partners LP is seeking to lessen apprehension about the energy usage of Bitcoin by dedicating a portion of its crypto ETF’s management fee to offset the fund’s carbon footprint.“For some investors who are concerned about the carbon footprint of mining, th … | Continue reading


@finance.yahoo.com | 2 years ago

Wealthfront Gives Up Control

Today, Wealthfront announced new features for its investment portfolios that will enable clients to invest in a wider range of carefully vetted ETFs and Socially Responsible Investing (SRI) options. The company is also exploring options to enable clients to add crypto to their We … | Continue reading


@finance.yahoo.com | 2 years ago

Yearn Finance boasts record revenues in April; good yield than traditional bank

Decentralized finance (DeFi) aggregator Yearn has had a great month for earnings in April as fees for its version 2 vaults pile up. | Continue reading


@finance.yahoo.com | 2 years ago

Facebook's Trump decision shows Big Tech is 'way too powerful': Elizabeth Warren

Progressive Senator Elizabeth Warren (D-MA) on Wednesday applauded the Facebook (FB) oversight board's decision to uphold the ban of former President Donald Trump. But she warned that the move demonstrates the outsized power of the social media platform, and reaffirms her call to … | Continue reading


@finance.yahoo.com | 2 years ago

Sam Zell Buys Gold with Inflation ‘Reminiscent of the ‘70s’

(Bloomberg) -- Billionaire investor Sam Zell is seeing inflation everywhere, and has bought gold as a hedge -- something he says he used to knock others for doing.“Obviously one of the natural reactions is to buy gold,” he said in a Bloomberg Television interview. “It feels very … | Continue reading


@finance.yahoo.com | 2 years ago

Novogratz’s Galaxy Buys Crypto Custodian BitGo for $1.2B

(Bloomberg) -- Mike Novogratz’s Galaxy Digital Holdings agreed to buy crypto custodian BitGo Inc. in a cash and stock transaction valued at about $1.2 billion.Galaxy is paying $265 million in cash and is issuing 33.8 million shares to finance the acquisition. BitGo shareholders w … | Continue reading


@finance.yahoo.com | 2 years ago

Dogecoin Now Valued Higher Than Twitter and Ford

Dogecoin is being valued at $49.8 billion which means it is valued higher than automaker Ford ($45.2 billion) and Twitter ($44.1 billion). | Continue reading


@finance.yahoo.com | 2 years ago

CDC Will Allow Cruise Ships in US Waters This Summer – But There’s a Catch

The U.S. Centers for Disease Control and Prevention has delivered some good news for travelers, as cruise ships have been given the green light to resume operations so long as the majority of those on... | Continue reading


@finance.yahoo.com | 2 years ago

MetaMask User Growth Milestones Bolstered by DeFi and NFTs

In an April 27 report by ConsenSys, the Ethereum software solutions firm that develops MetaMask, it was revealed that the wallet has grown by five times over the past six months. In October 2020, MetaMask surpassed one million cumulative monthly active users for its browser exten … | Continue reading


@finance.yahoo.com | 2 years ago

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


@finance.yahoo.com | 2 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years 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


@finance.yahoo.com | 3 years ago