Another former Facebook executive has spoken out about the harm the social network is doing to civil society around the world. Chamath Palihapitiya, who joined Facebook in 2007 and became its vice president for user growth, said he feels “tremendous guilt” about the company he helped make. “I think we have created tools that are […]
Read moreIt isn’t too late for investors to hop into cryptocurrencies after the bitcoin futures launch on the Cboe, an analyst told CNBC on Monday. “Relative to assets, you’re talking $100 trillion in investable assets,” said Brian Kelly, founder of BK Capital Management. “All you would need is 1 percent of those assets to be allocated […]
Read moreNFL games are about to become available on way more mobile devices. The National Football League and Verizon announced a multiyear partnership Monday that will let fans on any mobile carrier stream NFL games on their smartphones. Until the announcement, only Verizon customers could watch live games on their phones through the NFL app. Customers […]
Read moreRide-hailing app Uber’s appeal against a license ban in London has been pushed back to as late as June 2018. In a preliminary hearing in a Westminster court Monday, a judge ruled that Uber’s appeal should begin on April 30, but could be delayed until June. Uber is appealing against a decision by regulator Transport […]
Read moreBitcoin leapt a eye-watering $2,000 on Monday after investors flocked to Chicago’s Cboe futures exchange to bet on price movements. The digital currency was seen trading at a spot price of $16,574.12 at 6:36 a.m. ET, according to data on industry website CoinDesk, whose Bitcoin Price Index tracks prices from crypto exchanges Bitstamp, Coinbase and […]
Read moreA key trend in the gold market has just been broken, and bitcoin could be to blame. The gold miners ETF (GDX) had fallen nearly 15 percent from its September highs while gold has plunged to lows unseen since the end of July. This is curious, says Larry McDonald, head of U.S. macro strategy at […]
Read moreDays after hitting turbulence, a sustainable comeback for tech stocks could be in the offing, according to Bespoke co-founder Paul Hickey. The Nasdaq created jitters in the market about a week ago, after it underperformed the S&P 500 index by its widest margin over a five-day period since May 2009. Investors had seen it as […]
Read moreBitcoin futures faced their first test of how to handle volatility within hours of launching Sunday on the Cboe Futures Exchange. About two hours after their 6 p.m. ET launch, the new futures had climbed 10 percent, triggering a two-minute trading halt. By 10:05 p.m., the bitcoin futures had soared 20 percent, triggering a five-minute […]
Read moreThe crazy rise of bitcoin is certainly going to be the topic at holiday dinners this season. Forget giving out lotto ticket scratch-offs. This season you should be giving the gift of bitcoin. No — you don’t need to buy an entire bitcoin, the price of which has fluctuated rapidly over the past several days […]
Read moreUntil recently, Andrea Ramirez, 43, thought she was part Mexican. But the results from an at-home genetic test from 23andMe revealed that she is a mix of Northern European, North African and a little Native American. And not at all hispanic. Ramirez, who hails from the Bay Area and works in marketing, bought the $199 […]
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