Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. But one analyst tells Yahoo Finance shares could still have about 60% to climb to hit $600. MoffettNathanson analyst Lisa Ellis explained her thesis on Yahoo Finance Live shortly before Coinbase shares began trading, calling the stock a “must-own” for any longer term growth investor. “We are… Source link
Read More »Monthly Archives: April 2021
Retirement expert details ‘3 things you got to do’
Retirement planning can be demystified and distilled into three steps, according to one expert. “There are essentially three things you got to do to prepare for retirement,” Caroline Bruckner, Kogod Tax Policy Center’s managing director, recently told Yahoo Finance Live. “Number one, you got to save in a preferably tax-advantaged retirement saving plan. Number 2, you have to have your individual savings outside of that.” Read more: Here’s how your retirement income is taxed “And… Source link
Read More »Coinbase Tumbles From Opening Price in Nasdaq Debut
Bloomberg Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing (Bloomberg) — Cryptocurrency exchange Coinbase Global Inc. soared above a $112 billion valuation in its trading debut Wednesday, then slipped back below its opening price as Bitcoin fell from record highs and tech stocks fell across the board.The massive valuation, which dwarfs more traditional financial companies including Intercontinental Exchange Group Inc. and Nasdaq Inc. itself, is a landmark moment for the crypto… Source link
Read More »Dogecoin Exceeds $11 Billion Market Cap as Coinbase Launches IPO
Julien Viry / Getty Images The cryptocurrency that started as a joke in 2013 based on a Shibu Inu meme gained 54% Tuesday to reach a value of $0.11, making each Dogecoin worth more than a full U.S. dime, based on CoinDesk statistics. Earlier in the day, Doge hit $0.12. That figure represents an all-time high for the crypto touted by celebrities Elon Musk and Snoop Dogg, Business Insider writes. See: Coinbase, the Largest US Cryptocurrency Exchange, Goes Public – ‘It Will Infect the… Source link
Read More »Google’s FeedBurner moves to a new infrastructure but loses its email subscription service – TechCrunch
Google today announced that it is moving FeedBurner to a new infrastructure but also deprecating its email subscription service. If you’re an internet user of a certain age, chances are you used Google’s FeedBurner to manage the RSS feeds of your personal blogs and early podcasts at some point. During the Web 2.0 era, it was the de facto standard for feed management and analytics, after all. Founded in 2004, with Dick Costolo as one of its co-founders (before he became Twitter’s… Source link
Read More »SCOTUS says Use in Google v. Oracle Copyright Battle is Fair
Wednesday, April 14, 2021 In a 6–2 decision authored by Justice Breyer, the Supreme Court of the United States reversed the US Court of Appeals for the Federal Circuit’s 2018 ruling that Google’s use of Oracle’s Java application programming interface (API) packages in its Android operating system did not qualify as fair use as a matter of law. Before that Federal Circuit decision could be sent… Source link
Read More »Antitrust watchdog to check foreign search engines in case against Yandex – Business & Economy
MOSCOW, April 14. /TASS/. Russia’s The Federal Antimonopoly Service (FAS) will analyze all search services, both Russian and foreign, as part of the consideration of the case against Yandex internet company, the regulator’s press service reported. “As part of the consideration of the case against Yandex, the FAS will analyze all legal relations that involve search services (both Russian and foreign ones) operating in the Russian Federation,” the press service said. Source link
Read More »The Great Big List of 50+ Google Easter Eggs & How to Access Them
Aside from the tasty chocolate candy many of us enjoy eating in the springtime, ‘Easter eggs’ have an entirely different meaning when they come from Google. An Easter Egg is an unexpected feature in games, movies — and in this case, Google Search or another of its products. These secret goodies are usually discovered through word of mouth or entirely by accident. In this column, you’ll learn how to activate a ton of different Google Easter Eggs. See how many you already knew, and have… Source link
Read More »Walmart plans to make most store associates full-time by early 2022
Walmart (WMT), which recently gave many of its workers a raise, said on Wednesday that two-thirds of its hourly associates will be full-time with consistent schedules by the end of the current fiscal year. Of Walmart’s 1.2 million hourly U.S. store associates, approximately 740,000 will be full-time hourly associates by Jan. 31, 2022. Going back to 2016, about 53% of Walmart’s hourly store workers were full-time — meaning just over 100,000 will have been moved to full-time status in that… Source link
Read More »UPDATE 1-Turkey fines Google for abusing dominant position
Bloomberg TikTok Founder’s $60 Billion Fortune Places Him Among The World’s Richest People (Bloomberg) — Just last year, the world’s most valuable startup, ByteDance Ltd., was being squeezed from all sides.The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps.For all the obstacles, ByteDance kept growing. Now its… Source link
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