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, June 23, 2021 GameStop saves money by raising money The “meme trade” has been one of the market’s defining trades this year.  And while some investors have chosen to ignore the action we’ve seen in shares of GameStop (GME) or AMC (AMC) amid a value rotation, rising bond yields, and a booming economy, these retail-driven trading frenzies… Source link

Prompts on how to use Amazon’s Alexa personal assistant are seen in an Amazon ‘experience centre’ in Vallejo, California, U.S., May 8, 2018. Picture taken May 8, 2018. REUTERS/Elijah Nouvelage/File Photo June 23 (Reuters) – Amazon.com Inc (AMZN.O) and Alphabet Inc’s (GOOGL.O) Google need to offer more details about how their smart-home devices and virtual assistants will support competition and user privacy, U.S. Senator Amy Klobuchar wrote to the companies on Tuesday. In a letter, the… Source link

(Bloomberg) — The Bitcoin Fund listed on the Nasdaq Dubai exchange Wednesday, the first of its kind to trade in the Middle East as cryptocurrencies grab attention globally. The stock closed at $38.30, up 10% for the day, according to prices on Nasdaq Dubai’s website. The Canadian fund was the first of its type to be listed on a major exchange, in Toronto last year. The intent of the Dubai listing is to get trading at all hours around the globe. Dubai-based Dalma Capital Management Ltd. is… Source link

On Tuesday night in Philadelphia, Washington Nationals ace Max Scherzer proved that it’s possible to spitefully, even combatively, unbuckle your belt and begin to disrobe on a baseball field. Given some time to think about it, though, it wasn’t the players he took issue with, it was the new state of the game. The first day of mandatory checks for the long-illegal sticky stuff abused by pitchers made the whole process seem rather seamless. The league’s new approach to foreign substances… Source link

CBS 62 weather reporter April Moss made the bombshell announcement in the middle of the weekend weather forecast. Screengrab/CBS 62 April Moss, a CBS affiliate journalist who paused her weather report to say she’s talking to Project Veritas, has lost her job. The station told Insider that Moss objected to its policies on COVID testing and mask-wearing. Last week Fox 26 reporter Ivory Hecker lost her job after interrupting a broadcast to claim she was being muzzled by the network. Visit Insider’s… Source link

A group of state attorneys general may file a lawsuit against Alphabet Inc‘s Google as early as next week, accusing the search and advertising giant of violating antitrust law in running its mobile app store, according to three sources familiar with the matter. The anticipated lawsuit follows complaints from app developers about Google’s management of its Play Store for Android devices, according to one source. The lawsuit has been in the works since last year and has… Source link

Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. Raia Hadsell, a research scientist at Google DeepMind, believes “responsible AI is a job for all.” That was her thesis during a talk today at the virtual Lesbians Who Tech Pride Summit, where she dove into the issues currently plaguing the field and the actions she feels are required to ensure AI is ethically developed and deployed. “AI is going to change our world in the years to… Source link

Illustration by Stephen Shankland/CNET Brave, the maker of a popular ad blocking browser, opened on Tuesday a public… Source link

WASHINGTON, June 22 (Reuters) – A group of state attorneys general may file a lawsuit against Alphabet Inc’s (GOOGL.O) Google as early as next week, accusing the search and advertising giant of violating antitrust law in running its mobile app store, according to three sources familiar with the matter. The anticipated lawsuit follows complaints from app developers about Google’s management of its Play Store for Android devices, according to one source. The lawsuit has been in the works since… Source link

Stock futures opened slightly higher Tuesday evening, holding onto gains from the regular session.  Earlier the three major indexes ended higher for a second straight day, and the Nasdaq Composite powered to a record high as technology stocks outperformed. Microsoft (MSFT) shares steadied after jumping to a record level, bringing its market capitalization $2 trillion.  Cryptocurrency prices stabilized after slumping earlier on Tuesday. Bitcoin (BTC-USD) traded back above $32,000, after… Source link