Crypto crash: Here’s why billionaire John Paulson’s ‘worthless’ call might be right It feels as though cryptocurrency has been deemed a worthless fad since Bitcoin first emerged from the guts of an anonymous engineer’s computer rig back in 2009. While some of the criticism has come from the general public, who may not have a clear grasp on what cryptocurrencies are, how they work or why they possess any value whatsoever, some very clued-in financial minds have also questioned crypto’s… Source link

Yandex NV (YNDX) is around the top of the Internet Content & Information industry according to InvestorsObserver. YNDX received an overall rating of 53, which means that it scores higher than 53 percent of all stocks. Yandex NV also achieved a score of 81 in the Internet Content & Information industry, putting it above 81 percent of Internet Content & Information stocks. Internet Content & Information is ranked 117 out of the 148… Source link

Investors in popular FAANG stocks have enjoyed a great run over the last year (especially the past month) as a combination of super low interest rates from the Federal Reserve and high growth from the individual tech companies has made an easy bull case.  But with the Fed on the cusp of beginning a tapering of its pandemic-era bond buying program — which could push up rates from the rock bottom that risk-taking traders have loved —the FAANG trade could be nearing a pullback.  “I think… Source link

“We’ve been patient, but our patience is wearing thin,” said President Joe Biden on Thursday, venting his and many Americans’ collective frustrations over those not yet vaccinated. During the address, the president laid out a six-point action plan to step up the fight against COVID-19, including new mandates and recommendations for schools. All Head Start and Early Head Start programs staff will be required to be vaccinated. The same mandate extends to teachers and youth program… Source link

Google is finally adding an official dark mode to search on desktops, letting those who prefer to avoid bright webpages complete their searches while bathed in inky gray (via 9to5Google). According to Google’s support page, you can make the change by going to Settings > Search Settings > Appearance. There, you’ll be able to choose light, dark, or device default, which will automatically follow your computer’s mode. If you don’t see the Appearance option, you may have to wait a… Source link

(CNN) — Yahoo has hired away Tinder’s top executive to become its new chief executive officer. Apollo Management Group, which recently bought the ailing search engine for $5 billion, announced Friday that Jim Lanzone will be Yahoo’s new CEO as of September 27. He’s succeeding Guru Gowrappan, who has led Yahoo since 2018 and will now shift to a senior adviser role. The move comes just four months after Verizon announced it would sell Yahoo to Apollo for $5 billion. Lanzone has been the… Source link

President Biden’s harder line on COVID-19 vaccinations has corporate America talking about what measures they may have to implement toward employees.  On Thursday, the president ordered new federal vaccine requirements for nearly 100 million people in the U.S. in an effort to control the Delta variant.  “We have been patient. But our patience is wearing thin, and your refusal has cost all of us,” Biden said in a speech at the White House.  The influential Business Roundtable — led by top… Source link

But last year, in an company email, a Google manager said it appeared that there were 16 additional countries, including Brazil, Canada, Australia and Mexico, with some form of equal treatment laws for temps that the company had not properly recognized and had not taken any extra steps to be compliant with the local laws. As more countries implement new regulations, Google is being forced to take action. The Netherlands passed a new law in 2019 that required Google’s staffing agencies to… Source link

Record-breaking distributed denial of service attack targets Russia’s version of Google – Yandex. Technical details tied to a record-breaking distributed-denial-of-service (DDoS) attack against Russian internet behemoth Yandex are surfacing as the digital dust settles. A massive botnet, dubbed Mēris, is believed responsible, flooding Yandex with millions of HTTP requests for webpages at the same time. This DDoS technique is… Source link

By Jordan Valinsky, CNN Business Yahoo has hired away Tinder’s top executive to become its new chief executive officer. Apollo Management Group, which recently bought the ailing search engine for $5 billion, announced Friday that Jim Lanzone will be Yahoo’s new CEO as of September 27. He’s succeeding Guru Gowrappan, who has led Yahoo since 2018 and will now shift to a senior adviser role. The move comes just four months after Verizon announced it would sell Yahoo to… Source link