(Bloomberg) — Google agreed to pay 220 million euros ($268 million) and change the way its business works across the world after settling a France probe that struck at the heart of its power over online advertising. France’s antitrust agency said Monday the U.S. tech giant used its dominance over ad sales and purchasing on its platforms to distort the market to its own advantage, hurting publishers such as News Corp. “Google took advantage of its vertical integration to skew the… Source link

Bitcoin Bitcoin, BTC to USD, rose by 0.48% in the week ending 6th June. Following a 2.50% gain from the previous week, Bitcoin ended the week at $35,780.0. A mixed start to the week saw Bitcoin fall to a Sunday intraweek low $34,160.0 before making a move. Steering clear of the first major support level at $32,362, Bitcoin rallied to a Thursday intraweek high $39,482.0. Falling short of the first major resistance level at $39,875 and $40,000 levels, Bitcoin fell back to sub-$35,000… Source link

BEIJING, June 7 (Reuters) – China’s foreign exchange reserves, the world’s largest, rose more than expected in May, official data showed on Monday, as the U.S. dollar weakened. The data showed China’s foreign exchange reserves rose $23.62 billion to $3.22 trillion last month, compared with $3.208 trillion seen in a Reuters poll of analysts and $3.198 trillion in April. Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery… Source link

Bitcoin (BTC) moved incrementally last week, opening and closing near the same price of $35,700. Technical indicators and the price action are providing mixed signs. However, the wave count is leaning bearish. Bitcoin consolidates Bitcoin experienced some volatility last week, moving from a low of $34,153 to a high of $39,476. However, both the opening and close prices were near $35,700, creating a doji candle in the weekly time frame. Technical indicators in the weekly time frame are bearish…. Source link

Xander Bogaerts hit a two-run single with two outs in the 10th inning and the Boston Red Sox completed a three-game sweep of the struggling New York Yankees by holding on for a 6-5 victory Sunday night at Yankee Stadium. Bobby Dalbec opened the 10th with a walk on a pitch that resulted in New York hitting coach Marcus Thames screaming from the dugout and the ejection of bench coach Carlos Mendoza. The Red Sox had runners at second and third following a sacrifice bunt, and Bogaerts restored… Source link

Floyd Mayweather and Logan Paul went eight rounds with each other in an exhibition boxing match Sunday at Hard Rock Stadium in Miami. No winner was announced. A lot of people who bought the pay-per-view were bitterly angry because there were technical issues that prevented them from seeing it. Mayweather went long stretches of the fight without throwing a punch. Paul landed but a handful of clean punches on Mayweather, who was one of the great defensive fighters in his day when he racked up a… Source link

Over the weekend, when Green Bay Packers president Mark Murphy addressed fan questions in his monthly exchange on the team website, there was some public messaging that resonated loudly in the team’s impasse with quarterback Aaron Rodgers. The most headline-grabby statement from Murphy about his star quarterback — which came in somewhat unprompted fashion — was that the situation with Rodgers has divided the fan base. It was an interesting, albeit unscientific point of reflection. But… Source link

Simone Biles won her third title at the U.S. Gymnastics Championships in Fort Worth, Texas on Sunday. (Photo by Jamie Squire/Getty Images) Simone Biles completed a historic weekend in Fort Worth, Texas, with ease on Sunday night — and looks more than ready for Tokyo. Biles won her seventh all-around U.S. Gymnastics Championships title on Sunday with an overall score of 119.950, which gives her the most wins at the event by any woman in American history. Biles surpassed Clara Schroth… Source link

(Bloomberg) — Gold will surge to fresh highs in the next year, but investors seeking currency alternatives as global debt balloons should look to Bitcoin, according to a $7.5 billion hedge fund. Both are likely to rally even as the Federal Reserve moves to taper asset purchases, said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. The two are frequently compared by investors, with former Treasury Secretary Lawrence Summers saying cryptocurrencies… Source link

Rick Carlisle’s postseason record is not good. Yes, he has led the Mavericks to an NBA championship back in 2011. Since then, however, Dallas has been unable to win a playoff series at all. And on Sunday, the Mavericks fell to the Los Angeles Clippers in the first round of the playoffs for the second straight year. Mavericks owner Mark Cuban, though, has no problem with Carlisle whatsoever. Mark Cuban: ‘The grass is rarely greener’ Carlisle, 61, was hired in Dallas before the 2008-09… Source link