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Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

Apple, Google in Congress’ crosshairs for app store practices | Fortune … Source link

We’ve grown up alongside them, marveled at their skill, their will and their brilliance. We’ve cheered their immeasurable accomplishments, from jointly setting up children’s charities, to each winning the heavyweight title multiple times, to both earning doctorate degrees to one becoming the mayor of Ukraine’s biggest city. Vitali and Wladimir Klitschko can’t be true. They have to be the product of an author’s fertile mind and vivid imagination. You don’t meet guys who are as… Source link

Google is the most powerful adtech company on the planet, and its financial results reflect that. Google parent company Alphabet massively outperformed in the last quarter, boosting revenue 32% to $75 billion and seeing a nice bump in its share price, in sharp contrast to its biggest competitor Facebook. Facebook missed earnings and was on the receiving end of an epic punishment by the stock market to the tune of $230 billion in shareholder value. But is Google competing fairly? Not… Source link

(Bloomberg) — Ford Motor Co. shares tumbled the most in almost two years after the automaker missed estimates for quarterly earnings and cautioned it may get off to a slow start to the year due to supply chain issues. Most Read from Bloomberg The carmaker posted earnings of 26 cents a share excluding some items for the last three months of 2021, trailing the 45-cent average analyst estimate. Shortages of critical components including semiconductors disrupted production and will weigh on… Source link

U.S. employers added back far more jobs than expected in January even as Omicron cases surged at the beginning of the new year. The Labor Department released its January jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Non-farm payrolls: +467,000 vs. +125,000 expected and a revised +510,000 in December Unemployment rate: 4.0% vs. 3.9% expected, 3.9% in December Average hourly earnings, month-over-month: 0.7%… 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 Friday, February 4, 2022 Despite a Meta-drubbing, all might not be lost Unleash the Meta-phors. The big fourth quarter earnings miss by Facebook’s re-christened parent company (FB) Meta-stasized on Wall Street (sorry, I just couldn’t resist) — dragging all the major indexes lower in an unmitigated bloodbath The lackluster results gave the… Source link

BEIJING — For the first time since 2014, an Olympics Opening Ceremony won’t feature the glistening pecs of multi-sport Olympian Pita Taufatofua. The Tongan Olympian in both taekwondo and cross-country skiing, Taufatofua is remaining at home in Tonga as the nation works to recover from the effects of a devastating volcano blast last month. That means viewers hoping to catch a glimpse of Taufatofua in his trademark shirtless, skirted garb — which he sported at both Summer and Winter… Source link

MOSCOW, Feb. 4, 2022 /PRNewswire/ — RouteQ, a subsidiary of Yandex and a provider of cloud-based delivery management software solutions, today announced an expansion of its operation to the Middle East to plug the critical gaps in the region’s delivery fleet operations, by providing comprehensive route planning and delivery tracking capabilities for today’s competitive retail, e-commerce, delivery providers, and fast-moving consumer goods businesses. Couriers are facing increased demand… Source link

Five years ago this month, William Stephen Belichick was entered as a possible material witness in the Aaron Hernandez double-murder trial. Ultimately, those proceedings came and went without the New England Patriots coach being called for testimony. But if you’re listening to Brian Flores right now, things could go far differently in the class-action lawsuit filed by the former Miami Dolphins coach. Because the more Flores speaks, the more he appears to point to Belichick as being a… Source link