Bitcoin Outflow From Exchanges Suggests Confidence Crypto Rout Is Over

Bloomberg Kevin Ulrich Scored a $2 Billion MGM Win. It Only Took a Decade (Bloomberg) — Hedge funds often measure their investments in minutes, not decades; but for Anchorage Capital Group, its long-held stake in Metro-Goldwyn-Mayer Studios Inc. is proving that patience can also be profitable.The New York-based money manager stands to make roughly $2 billion on its investment in the film and TV producer, one that began almost 11 years ago with MGM in bankruptcy court. Amazon.com Inc. agreed… Source link

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Google makes it easier to transfer Gmail photos to Google Photos

Google is adding a new “Save to Photos” button to Gmail which you can press to automatically save an emailed image to Google Photos, the company has announced. It’s rolling out to personal Gmail users, Google Workspace, G Suite Basic, and G Suite Business customers over the next couple of weeks and will be available alongside the existing “Add to Drive” button. Unfortunately it only works on JPEGs for the time being. Sorry PNG stans. It’s a good time to be getting a more… Source link

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Why Apple and Google’s Virus Alert Apps Had Limited Success

Sarah Cavey, a real estate agent in Denver, was thrilled last fall when Colorado introduced an app to warn people of possible coronavirus exposures. Based on software from Apple and Google, the state’s smartphone app uses Bluetooth signals to detect users who come into close contact. If a user later tests positive, the person can anonymously notify other app users whom the person may have crossed paths with in restaurants, on trains or elsewhere. Ms. Cavey immediately downloaded the app. But… Source link

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Derrick Rose’s return to the playoff stage

Derrick Rose clapped his hands, almost rhythmically, as the Madison Square Garden faithful stood in approval, roaring and exhaling at once, finally able to bathe in their basketball cathedral. As long as it’s been for the New York Knicks, it’s almost seemed like a longer wait for Rose to return to this stage and to have a moment that he can appreciate after so many winds, so many turns and so many questions. The Knicks tying their first-round playoff series with the Atlanta Hawks was… Source link

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Why China’s Crackdown May Make Bitcoin Mining More Centralized

China’s nationwide crackdown on crypto mining could create a competitive environment  in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry. “Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed… Source link

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Privacy laws need updating after Google deal with HCA Healthcare, medical ethics professor says

Privacy laws in the U.S. need to be updated, especially after Google struck a deal with a major hospital chain, medical ethics expert Arthur Kaplan said Wednesday. “Now we’ve got electronic medical records, huge volumes of data, and this is like asking a navigation system from a World War I airplane to navigate us up to the space shuttle,” Kaplan, a professor at New York University’s Grossman School of Medicine, told “The News with Shepard Smith.” “We’ve got to update our privacy protection… Source link

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Huge Milestone for Practical Use of $eMax – Yahoo Finance

Bloomberg Amazon-MGM Slammed by Tech Foes on Likely Path to Approval (Bloomberg) — Amazon.com Inc.’s takeover of Metro-Goldwyn-Mayer is sparking fresh criticism about the spreading tentacles of America’s technology giants, but the deal underscores how competition watchdogs have their hands tied when it comes to curbing the companies’ growth.Critics of tech firms in Washington on Wednesday slammed the MGM deal as the latest example of how the industry’s biggest players snap up… Source link

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Children should keep masking up, CDC director says, even as some experts question the need

CDC Director Rochelle Walensky. (Jim Lo Scalzo/Reuters). WASHINGTON — Young children should continue to wear face masks, Centers for Disease Control and Prevention Director Rochelle Walensky said in congressional testimony on Wednesday, citing studies she says demonstrate that grade-school-age children can contract and spread the coronavirus. “There’s still transmissions associated with young children,” Walensky said. “They have been vectors of transmission for older people.”… Source link

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Naomi Osaka announced French Open media blackout

Naomi Osaka has no plans to speak with reporters during the French Open. The three-time Grand Slam champion announced Wednesday that she will not do any media availability while competing at Roland Garros, citing mental health concerns for herself and fellow players. Her full statement: Naomi Osaka has spoken out about mental health in the past. (Photo by Tim Clayton/Corbis via Getty Images) The crux of Osaka’s concerns: “I’ve often felt that people have no regard for athletes [sic] mental health… Source link

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