Soaring retail and institutional interest in cryptocurrency last year also led to a boom in criminal activity that cost investors billions, underscoring the urgency of efforts to regulate the digital coin movement.  According to research firm Chainalysis, cryptocurrency addresses associated with illegal activity accumulated $14 billion. But when weighted against all cryptocurrency activity, the figure accounted for a relatively paltry 0.15% of total funds changing hands on any blockchain —… Source link

New unemployment claims rose but remained near a 52-year low last week, with the weekly pace of new claims holding below pre-pandemic levels as the labor market sees job openings near a record high.  The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 1: 207,000 vs. 195,000 expected and a revised 200,000 during… Source link

Adobe (ADBE) will be a major winner from the build out of the metaverse, says one widely followed Wall Street analyst. “Adobe is the best software play for the metaverse — its creative tools will enable the next generation of the internet,” said Jefferies tech analyst Brent Thill in a new research note Thursday.  Thill reiterated a Buy rating and $680 price target on Adobe. Shares of Adobe were relatively unchanged in pre-market trading Thursday. It closed down 7% at $514.43 on… Source link

Last year, Microsoft Bing and Yandex (the most popular search engine in Russia) announced IndexNow, a new way for websites owners to inform search engines about latest content changes on their website. Instead of waiting for search engines to discover the content changes, website owners can now do a simple ping so that search engines know that a URL and its content has been added, updated, or deleted. Recently, Microsoft released IndexNow Plugin for WordPress. This new plugin will enable… Source link

Factory Mutual Insurance Company, The Cincinnati Insurance Company, Starr Surplus Lines Insurance Company, Lexington Insurance Company, and Federal Insurance Company listed as defendants Teams suing include Montreal Canadiens, Ottawa Senators, Toronto Maple Leafs, Vancouver Canucks, and Winnipeg Jets The National Hockey League (NHL) and 20 of its teams are suing five of their insurance providers over… Source link

A few days after the Capitol insurrection last January, the FBI got two tips identifying an Ohio man named Walter Messer as a participant, and both cited his social media posts about being there. To verify those tips, the FBI turned to three companies that held a large amount of damning evidence against Messer, simply as a result of his normal use of their services: AT&T, Facebook, and Google. AT&T gave the FBI Messer’s telephone number and a list of cell sites he used, including one… Source link

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 Thursday, January 6, 2021 Rate hikes no longer theoretical, but ‘front and center’  On Wall Street, there’s an old saying that refers to the market’s reaction to Federal Reserve policy that may be negative for stocks, and implies that investors are having the time of their lives. “Snatching the punch bowl away from the party,” an old… Source link

A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register PARIS, Jan 6 (Reuters) – France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google (GOOGL.O) a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’… Source link

After a two-year investigation, Gioacchino Gammino, 61, was tracked down in Galapagar, Spain, where he lived under a fake name. The town is close to the capital Madrid. A Google Maps street view picture portraying a man who looked like him in front of a fruit shop was key in triggering a deeper investigation. “The photogram helped us to confirm the investigation we were developing in traditional ways,” Nicola Altiero, deputy director of the Italian anti-mafia police unit (DIA), said. Gammino, a… Source link

New Jersey, United States,- The latest report published by Verified Market Reports shows that the Visual Regression Testing Market is likely to garner a great pace in the coming years. Analysts examined market drivers, confinements, risks and openings in the world market. The Visual Regression Testing report shows the likely direction of the market in the coming years as well as its estimates. A close study aims to understand the market price. By analyzing the competitive landscape, the… Source link