Monthly Archives: June 2021

Bitcoin Peeps Above $38K on Basel News

TipRanks Coinbase: There’s a New Bear in Town It’s hard to tell in which direction the cryptocurrency space is heading. There has been a lot of bearish sentiment recently, and momentum has seemingly stalled. Nevertheless, the recent news that Bitcoin has been adopted as legal tender in El Salvador is big news and could be the catalyst for the bull market to resume. Which should be good news for the various companies operating in the crypto ecosystem, not least, the leading exchange… Source link

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Google, Facebook pledged millions for local news. Was it enough?

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally – many of them local or regional enterprises foundering in a digital age. Thousands of media outlets received financial and other support for everything from fact checking and reporting to training, according to the tech giants’ announcements. Some publishers express gratitude for contributions they say are essential as advertising… Source link

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JPMorgan Sees Signal of Coming Bear Market in Bitcoin

(Bloomberg) — Bitcoin’s recent bounce has yet to dispel doubts about its vulnerability following a rout in May. The cryptocurrency has jumped about 14% over two days and was trading at $38,295 as of 11:05 a.m. in London on Thursday. While the momentum may cheer bulls, a JPMorgan Chase & Co. team said backwardation in a part of the futures market — where the spot price is above futures prices — is reason for caution. “We believe that the return to backwardation in recent weeks has been a… Source link

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Google Seeks to Break Vicious Cycle of Online Slander

For many years, the vicious cycle has spun: Websites solicit lurid, unverified complaints about supposed cheaters, sexual predators, deadbeats and scammers. People slander their enemies. The anonymous posts appear high in Google results for the names of victims. Then the websites charge the victims thousands of dollars to take the posts down. This circle of slander has been lucrative for the websites and associated middlemen — and devastating for victims. Now Google is trying to break the… Source link

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Google Seeks to Break Vicious Cycle of Online Slander

For many years, the vicious cycle has spun: Websites solicit lurid, unverified complaints about supposed cheaters, sexual predators, deadbeats and scammers. People slander their enemies. The anonymous posts appear high in Google results for the names of victims. Then the websites charge the victims thousands of dollars to take the posts down. This circle of slander has been lucrative for the websites and associated middlemen — and devastating for victims. Now Google is trying to break the… Source link

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MLB news, notes from Wednesday

The App is Back! Don’t forget to download the NBC Sports EDGE app to receive real-time player news, mobile alerts and track your favorite players. Plus, now you can check out articles and player cards. Get it here! The Mets absolutely teed off on Matt Harvey and the Orioles on Wednesday in Baltimore. The day after Pete Alonso had his first multi-homer game of the season, Billy McKinney and Kevin Pillar joined in with two homers themselves. Facing an old familiar face in Harvey, Alonso got… Source link

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Islanders eliminate Bruins, advance to Stanley Cup semifinals

UNIONDALE, N.Y. — For the second time in two weeks, fans inside Nassau Coliseum watched their team close out a playoff series. The Islanders eliminated the Bruins in Game 6 Wednesday with a 6-2 victory. They will now play the Tampa Bay Lightning in the Stanley Cup Semifinals for the second consecutive postseason. Brock Nelson scored twice and Kyle Palmieri netted his seventh of the playoffs during a second period that spun the game in New York’s favor. The Islanders pounced on three… Source link

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Ump hits White Sox 1B Jose Abreu with baseball bat

There’s never a right person to hit in the knee with a baseball bat on an MLB field, but a person you definitely don’t want to hit is the reigning American League MVP. And yet, we got what happened during Wednesday’s Chicago White Sox game, which saw a brief scare when home plate umpire Erich Bacchus attempted to clear away a bat before a play at the plate. Unfortunately, Bacchus tossed the bat without seeing White Sox star Jose Abreu running behind him: Abreu, who had been on deck for the… Source link

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Democrats’ draft antitrust bills could reshape Apple, Amazon, Google, Facebook

U.S. House Impeachment manager David Cicilline (D-RI) speaks on the second day of former President Donald Trump’s second impeachment trial at the U.S. Capitol on February 10, 2021 in Washington, DC. congress.gov via Getty Images A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, according to copies obtained by CNBC. While the drafts could still change… Source link

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