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The Justice Department was recently able to recover $2.3 million worth of bitcoin (BTC-USD) extorted from Colonial Pipeline, suggesting that digital currency may not always be the best tool for criminals. “It’s not intuitive to a lot of people, but it’s a thing that the public is learning more and more,” Hunter Horsley, cofounder and CEO for Bitwise Asset Management, said about the rise in recovery of stolen cryptocurrency, such as part of the bitcoin ransom paid by Colonial Pipeline to… Source link

The bipartisan legislation marks Congress’s most significant push to date to rein in Silicon Valley, in some cases taking direct aim at tech giants’ underlying business models. If successful, the legislation could force Google (GOOG) to stop promoting YouTube in its search results, or prohibit Amazon (AMZN) from selling products on its marketplace that compete directly with third-party seller listings. Apple (AAPL) could be required to relax its restrictions on iOS app developers, and… Source link

Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under a new expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills, earlier reported by CNBC and other outlets, would make it harder for dominant platforms to complete mergers and prohibit them from owning businesses that present clear conflicts of interest. The legislation represents the most comprehensive effort to reform century-old… Source link

Darnella Frazier, the woman whose cellphone video of George Floyd’s killing by police in Minneapolis prompted outrage across the world, was awarded an honorary Pulitzer Prize on Friday for “courageously recording” the murder. The Pulitzer Prize board announced it was awarding Frazier a special citation for the video she shot on May 25, 2020, which showed four now-former Minneapolis police officers restrain Floyd outside the Cup Foods convenience store. One of the officers, Derek… Source link

Welcome to the MLB Yahoo Cup Hot Corner! This a free-to-enter, single-entry contest consisting of 27 rounds where the top 1,075 overall entries and the top 70 entries per round share $10,000, with $1,000 to first and $50 to first per round. Scoring will be cumulative across all rounds, with your seven lowest scores dropped at the end. You may join this multi-round MLB DFS contest at any point, but enter today to give yourself the best chance to take home the title. Click here to begin the… Source link

Two Colorado Avalanche fans had their night in Las Vegas go from bad to worse on Thursday. Sitting in the front row, watching their team get eliminated in Game 6 of the second round against the Golden Knights, they were already disappointed, but one Vegas fan decided to agitate them further. As they wallowed in their fan misery, one fan in a blank “Reverse Retro” Vegas jersey — terrible choice — snatched their Avalanche flag that was hung on the barriers in front of them. Like a… Source link

John Chambers has pretty much seen, and done it all in corporate America.  Chambers led Cisco for two decades, surviving the dot com crash and going onto build the company into the tech powerhouse it is today through numerous acquisitions and impressive operational skill. Along the way he developed close, lasting relationships with world leaders such as France President Emmanuel Macron.  Since leaving as Cisco’s chairman in December 2017, Chambers has led his own venture capital firm (backed… Source link

The Milwaukee Brewers lineup hasn’t been effective this season. The team sits 26th in OPS (.674) and 22nd in runs scored (246). They seem like an odd topic for this article, right? But there is a method to my madness. The underachieving nature of this lineup means that most of its members are sitting on waivers in Yahoo! leagues. And the Brewers are heading into one of the most favorable hitting schedules I have seen in my many years of writing about fantasy baseball. Milwaukee’s schedule… Source link

Advocacy groups are calling on the Education Department (ED) to forgive $8 billion in student debt held by nearly 518,000 borrowers who are totally and permanently disabled. The groups sent a letter to Education Secretary Miguel Cardona on Friday morning, stating that the department’s existing regulations “unnecessarily prevent qualifying borrowers from accessing and maintaining loan cancellation.” ED confirmed to Yahoo Finance that the agency received the letter and did not provide additional… Source link

Bitcoin’s (BTC-USD) chances of falling below $10,000 have increased significantly since mid-April, according to betting aggregators US-Bookies.com. The odds that Bitcoin drops to $10,000 in 2021 were 8/11 (57.9% implied probability), a sharp increase from mid-April, where the odds were 4/1 (20%). “The latest trends have not indicated a positive outcome for the popular cryptocurrency,” a US-Bookies spokesperson said. Bitcoin rose over $2,000 Thursday after the Basel Committee recognized… Source link