The run-up in bitcoin‘s price witnessed during the final days of July is facing pressure from sellers looking to cash in their profit amid tensions over a proposed U.S. infrastructure bill’s language. The pullback from Saturday’s top of around $42,400 to current prices of around $39,500 is likely associated with uncertainty surrounding the bill, according to Daniel Kim, head of capital markets at Australia-based decentralized lending company Maple Finance. An earlier version of the bill… Source link

(Bloomberg) — Asian stocks and U.S. futures rose Monday as some of the concerns over China’s regulatory crackdown eased and progress on a U.S. infrastructure spending plan aided sentiment. Crude oil slid. Equities jumped in Japan and Australia, where Afterpay Ltd. surged after digital-payments platform Square Inc. agreed to buy the buy-now, pay-later company. S&P 500 and Nasdaq 100 contracts climbed as a $550 billion infrastructure package steps closer to passage in the Senate this… Source link

If you still have a device running Android 2.3.7 (the final version of Gingerbread) or older, Google won’t let you sign in to your Google account on that device starting September 27th, according to a support document (via Liliputing). “As part of our ongoing efforts to keep our users safe, Google will no longer allow sign-in on Android devices that run Android 2.3.7 or lower starting September 27, 2021,” the company says. “If you sign into your device after September 27, you may… Source link

Square Inc. said it reached a deal with Afterpay Limited to acquire the buy now, pay later company in an all-stock deal valued at $29 billion. Square said in a statement today that the acquisition “aims to enable the companies to better deliver compelling financial products and services that expand access to more consumers and drive incremental revenue for merchants of all sizes.” More from WWD The company expects to close the deal in the first quarter of 2022. Jack Dorsey, co-founder and… Source link

We’re a little over a week away from Samsung’s next Unpacked event, but new photos from 91mobiles may have revealed our first in-person look at two things we could see at the show: the rumored Galaxy Watch 4 Classic and the new smartwatch OS from Samsung and Google. The two photos from 91moblies show off black and silver watches with rounded bezels, matching a design seen in leaked renders from Android Headlines and detailed GIFs posted by noted leaker Evan Blass in July. Perhaps more… Source link

In 2016, the hit mobile game Pokemon Go was released and saw millions of people download the game and head outdoors to attempt to “Catch ‘Em All.” The game has continued to be a hit and even passed $1 billion in revenue in 2020, its best year since launching. Pokemon Go celebrated its fifth anniversary recently and continues to be one of the top played and grossing mobile games each month. Shares of Nintendo Co (OTC: NTDOY) climbed higher on the release of the game. The company was seen… Source link

The July jobs report and another packed schedule of second-quarter corporate earnings results await investors this week, offering a host of potentially market-moving events.  The U.S. Labor Department’s July payrolls report will be one of the most closely watched economic prints this week. Consensus economists are looking for non-farm payrolls to have increased by 900,000 in July, according to Bloomberg data, marking the biggest monthly job gain since August 2020. In June, payrolls rose by… Source link

Amazon is having a rough ride this week. Alongside second-quarter results that fell short of expectations and triggered a plunge in shares, the company disclosed that Europe just levied a gobsmacking 746 million euro fine, or roughly $887 million, in its earnings filings with the Securities and Exchange Commission. More from WWD The record-breaking penalty, first unearthed by Bloomberg on Friday, was imposed by the Luxembourg National Commission for Data Protection, the top privacy regulator… Source link

A new startup is aiming to turn TikTok and YouTube stars into feature-length filmmakers, the latest in a broad push by platforms to invest in Internet-based content — and those who generate it.  Creator+ offers a new economic model that features a vertically integrated studio that manages the entire filmmaking process for creators — from financing and production to marketing and distribution. The startup recently raised $12 million in a funding round, and plans help content creators… Source link

Suze Orman says this is how to protect your finances from the delta variant The raging delta variant of COVID-19 has caused infections and hospitalizations to surge, and has led the Centers for Disease Control to go back to recommending that all Americans wear masks indoors, even if they’ve been vaccinated. Lockdowns have returned in other countries, though not in the U.S. — at least not yet. But experts at Bank of America warn that the economy faces the risk of consumers hunkering down… Source link