9to5Google Where many other companies were focused on releasing Android phones with the biggest and most… Source link
Read More »Yearly Archives: 2021
‘We have a tale of two pandemics’ in America
The growing number of COVID cases in the U.S. indicates a major divide between the vaccinated population and those who choose to remain unvaccinated. The 7-day moving average of new cases increased by 16% last week, according to CDC data, and roughly 93% of those cases were among counties with low vaccination rates. “The problem is we have a tale of two pandemics,” Dr. Andre Campbell, a California-based ICU physician and trauma surgeon, said on Yahoo Finance Live recently (video above)…. Source link
Read More »Delta sharply narrows losses in Q2 as CEO sees return to profitability this quarter
Delta Air Lines (DAL) on Wednesday reported a narrower than expected loss in the second quarter, with “accelerating demand” putting the airline back on a path to profitability. Here are the main results from the Q2 report, compared to consensus estimates compiled by Bloomberg: Adjusted pre tax income (loss): $881 million vs ($898 million) estimate Adjusted earnings (loss) per share: ($1.07) vs ($1.42) estimate GAAP earnings per share: $1.02 vs (0.17) estimate Revenue: $6.3 billion vs. $6.3… Source link
Read More »Bitfarms Provides Bitcoin Production Update
TORONTO, Ontario and BROSSARD, Québec, July 14, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (NASDAQ: BITF // TSXV: BITF), a publicly traded Bitcoin mining company, currently powering an estimated 1.5% of the Bitcoin network with greater than 99% green hydroelectricity, today announces a Bitcoin production update. Mining Production Highlights as of July 12, 2021 Using green hydroelectricity, Bitfarms mined 1,357 Bitcoin in the first six months of 2021, the… Source link
Read More »Zuckerberg Said He Could Build Another Facebook With Yahoo’s $1B Offer: Book
Mark Zuckerberg said he wouldn’t know what to do with the $1 billion Yahoo offered to buy Facebook, a new book said. Zuckerberg said he’d probably just build another version of Facebook, per an “An Ugly Truth.” Lots of Facebook staff quit after Zuckerberg rejected Yahoo’s offer in 2006, the book said. … Source link
Read More »Two big inflation stories emerge: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, July 14, 2021 Pandemic pressures linger but new pressures emerge June’s inflation data was a barnburner. Data from the Bureau of Labor Statistics published Tuesday showed the consumer price index (CPI) rose 5.4% over last year on a headline basis, and 4.5% on a core basis. That measure strips out the more volatile components of food… Source link
Read More »Visa Approves Australian Startup to Issue Debit Cards for Spending Bitcoin
Australians will soon be able to spend crypto via existing brick-and-mortar point-of-sales with the issuance of a new physical debit card, the Australian Financial Review reported Wednesday. Global payments giant Visa has approved local Australian startup CryptoSpend to begin issuing debit cards for the startup’s users. Those using the CryptoSpend app can then pay using their bitcoin and other supported crypto at retail stores and hospitality venues. Instead of needing to convert from crypto… Source link
Read More »The IRS is paying out 4M surprise tax refunds this week — will you get one?
The IRS is paying out 4M surprise tax refunds this week — will you get one? Millions of Americans still reeling financially from the COVID crisis will be sent surprise tax refunds this week, the IRS says. Unexpected direct deposits and paper checks are scheduled to go out to people whose tax bills were reduced after they’d already paid them, thanks to a provision in President Joe Biden’s massive pandemic rescue bill from March. A windfall from the IRS might be just the cash infusion you need… Source link
Read More »Google is capping Meet’s formerly unlimited group video calls to an hour for free accounts
Google has brought an end to its effectively “unlimited” group video calls in Meet for free Gmail accounts, according to support pages spotted by 9to5Google. Now users with free accounts logging on to Meet will have group calls capped at an hour rather than the previous 24-hour meeting duration. Google’s unlimited group meeting offer was helpful because so many traditionally in-person functions moved online due to COVID-19. Not having to worry about a call cutting out or creating… Source link
Read More »Stock futures trade mixed ahead of more earnings, inflation data
Stock futures opened near the flat line Tuesday evening as investors looked ahead to more corporate earnings results and another batch of inflation data. Contracts on the S&P 500 was little changed. During Tuesday’s regular session, the blue-chip index rose to a record intraday high before pulling back and ending lower. Each of the Dow and Nasdaq also pulled back, with cyclical areas of the market like airline stocks and financials posting some of the biggest declines. Concerns over the pace… Source link
Read More »