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Posts published in “Finance”

Google Delays Cookie Removal to Late 2023

Google delayed its plan to scrap a widely used technology to track web-browsing habits amid regulatory scrutiny and concern from privacy advocates and the advertising industry over the search giant’s approach to replacing the tool. On Thursday, the Alphabet Inc. unit said its Chrome internet browser will stop supporting a user-tracking technology called third-party cookies…

Bitcoin keeps falling as China ramps up the pressure on cryptos even more

Hong Kong (CNN Business)Bitcoin tanked on Monday as China escalated its crackdown on cryptocurrency by further curbing mining activity and telling major payments platforms and lenders that crypto trading won't be tolerated.Bitcoin plunged some 9% over the last day to trade at around $32,700 per coin, a two-week low, according to Coindesk. Prices stabilized a…

American Airlines canceling hundreds of flights through mid-July in part due to labor shortages

(CNN Business)American Airlines is canceling hundreds of flights through at least mid-July as the company strives to maintain service in the midst of massively increasing travel demand while the coronavirus pandemic continues to recede in the United States, according to a spokesperson from the airline."The first few weeks of June have brought unprecedented weather to…

Regeneron’s antibody therapy cuts deaths among some hospitalised COVID-19 patients -study

The Regeneron Pharmaceuticals company logo is seen on a building at the company's Westchester campus in Tarrytown, New York, U.S. September 17, 2020. REUTERS/Brendan McDermid/File PhotoTherapy cut deaths by one-fifth in the seronegativeCan be used in combination with other treatmentsFinding bodes well for other antibody treatmentsLONDON, June 16 (Reuters) - A COVID-19 antibody cocktail developed…

Bitcoin pops 10% after Musk suggests Tesla could accept the cryptocurrency again

Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC.Win McNamee | Getty ImagesBitcoin's price surged Sunday evening stateside after Tesla CEO Elon Musk said the electric vehicle maker could accept bitcoin transactions again in future.As of 11:09 p.m. ET Sunday, Bitcoin surged…

Hackers steal source code to ‘FIFA 2021’ and Frostbite engine from EA

Electronic Arts, the publisher of the Battlefield series and many other popular video game franchises, has been hacked. On multiple underground hacking forums, Motherboard found hackers claiming they had taken more than 780GB of data from the company. According to screenshots seen by the outlet, the trove includes the source code for FIFA 2021 and both…

These charts show the highest and lowest corporate tax rates around the world

Britain's Chancellor of the Exchequer Rishi Sunak (center), U.S. Treasury Secretary Janet Yellen (right) attend the first day of the G-7 Finance Ministers Meeting at Lancaster House in London on June 4, 2021.Stefam Rousseau | AFP | Getty ImagesFinance ministers from the Group of Seven (G-7) advanced nations agreed on Saturday to back a minimum…

EXCLUSIVE Some on Wall Street try options trade to bet against AMC

A taxi passes an AMC theatre amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo AllegriSome Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other "meme" stocks this week through a type of wager in…

Cramer rejects Buffett’s stance on stock picking, endorses a hybrid investing model

CNBC's Jim Cramer on Monday rejected Warren Buffett's assertion that Wall Street's new retail investors stay away from individual stock picking in favor of investing in index funds."I respect Warren Buffett, but I'll always be a Peter Lynch guy," Cramer said on "Mad Money," reacting to the comments from the Berkshire Hathaway chairman and CEO.…

Anonymous Targets Elon Musk for Destroying Crypto Holders’ Lives, Trying to Control Bitcoin – Featured Bitcoin News

The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know about Musk, including how he treats his employees, harms the environment, where his…