Monthly Archives: November 2022

Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried.Craig Barritt/Getty Images for CARE For Special Children Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters. The money included customer funds as well as those backed by FTX’s native token FTT and shares in Robinhood.  The Wall Street Journal reported FTX lent more than half of its $16 billion in customer funds to Alameda in total. Sam Bankman-Fried transferred at least $4 billion from FTX to Alameda… Source link

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Amazon reviewing unprofitable business units to cut costs

Amazon reviewing unprofitable business units to cut costs

(Reuters) -Amazon.com Inc is undertaking a review of its unprofitable businesses, including the devices unit that houses voice assistant Alexa, to cut costs, the Wall Street Journal reported on Thursday, sending its shares up 11%. Following a months-long review, Amazon has told employees in some unprofitable units to look for jobs elsewhere in the company, while moving to redeploy staff from certain teams to more profitable areas and closing teams in areas such as robotics and retail, the WSJ… Source link

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ETSU’s BlueSky Institute highlighted by Google

ETSU’s BlueSky Institute highlighted by Google

JOHNSON CITY – East Tennessee State University’s BlueSky Tennessee Institute, a pivotal partnership with BlueCross BlueShield of Tennessee, has been highlighted by Google. A blog is live on Google Cloud, a recognition of Google’s collaboration as an industry and learning partner. View the blog here.   “We are proud of our partnership with BlueCross… Source link

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TeamViewer’s Enterprise AR Platform Frontline Now Available on Google Cloud Marketplace

TeamViewer’s Enterprise AR Platform Frontline Now Available on Google Cloud Marketplace

Extended partnership between the two companies includes easier procurement of TeamViewer Frontline for Google Cloud customers TAMPA BAY, Fla., Nov. 10, 2022 /PRNewswire/ — TeamViewer, a global provider of remote connectivity and workplace digitalization solutions, today announced that its enterprise Augmented Reality (AR) platform Frontline is now available via Google Cloud Marketplace. Through this offering, customers with an existing Google Cloud Marketplace commitment benefit from… Source link

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Inflation moderates, rising at annual 7.7% over last year

Inflation moderates, rising at annual 7.7% over last year

U.S. inflation eased slightly last month as the Federal Reserve raised interest rates to get a grip on prices that have surged at a historic pace. The Consumer Price Index (CPI) in October reflected a 7.7% increase over last year and 0.4% increase over the prior month, the Bureau of Labor Statistics said Thursday. Economists had expected prices rose at an annual 7.9% clip and 0.5% month-over-month, per Bloomberg consensus estimates. On a “core” basis, which strips out the volatile food and… Source link

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A year since its $69K peak, Bitcoin has plummeted more than 70% — here’s why Warren Buffett has hated cryptocurrency all along

A year since its $69K peak, Bitcoin has plummeted more than 70% — here’s why Warren Buffett has hated cryptocurrency all along

‘They will come to a bad ending’: A year since its $69K peak, Bitcoin has plummeted more than 70% — here’s why Warren Buffett has hated cryptocurrency all along It’s been a tough year for Bitcoin and its backers. And even back in 2018, the Oracle of Omaha predicted that it and other cryptocurrencies were headed for trouble. “They will come to a very bad ending,” Warren Buffett told CNBC at the time. After hitting an all-time peak of around $69,000 per unit on November 10, 2021, the world’s… Source link

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There’s a ‘shakeout’ underway in plant-based meat

There’s a ‘shakeout’ underway in plant-based meat

Beyond Meat CEO Ethan Brown is taking a more muted near-term outlook on his business amid rising competition in plant-based meats and an inflation-zapped consumer trading down to cheaper proteins. “A shakeout does appear to be underway, and we expect more brands to either retreat or consolidate,” Brown told analysts on an earnings call late Wednesday. “A less cluttered playing field to [then] emerge in the mid-term.” A McDonald’s “PLT” burger with a Beyond Meat plant-based patty at one of 28… Source link

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Google is launching cross-platform features to make it easier to follow the FIFA World Cup • TechCrunch

Google is launching cross-platform features to make it easier to follow the FIFA World Cup • TechCrunch

Google is rolling out a bunch of updates across platforms making it easier for fans to follow the FIFA World Cup starting November 20. These include a daily highlights video from TV networks, customized notifications, a dedicated section on Google TV, and a multiplayer game. Just like for any sport, you can search with phrases like “FIFA World Cup” or the “World Cup” and you’ll get the latest scores from the tournament. You can subscribe to tournament… Source link

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Rankings Drop After Mobile Usability Fail?

Rankings Drop After Mobile Usability Fail?

Google’s John Mueller responded to a Reddit SEO discussion where a search console warning about mobile usability was soon after followed by a rankings drop in a medical related website. The timing of the drop in rankings happening soon after search console issued a warning about mobile usability issues made the two events appear to be related. The person despaired because they fixed the problem, validated the fix through Google search console but the rankings changes haven’t… Source link

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Tobias Harris leads Thursday picks

Tobias Harris leads Thursday picks

The NBA schedule lightens up Thursday with only four games for daily fantasy players to choose from. There will be some teams on the second game of a back-to-back set, including the Mavericks, Pelicans and Trail Blazers. The Mavericks will try to bounce back from a disappointing loss to the Magic when they face the Wizards, but they will have to do so without Christian Wood (knee). The 76ers did not play Wednesday, so they will be well rested for their matchup against the Hawks, who are yet… Source link

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