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Popular platforms for digital assets like Coinbase (COIN), which just went public this month, and payment platforms like Square’s (SQ) Cash App, have attracted hackers along with millions of new users — and some customers say they’re never able to get their money back. What’s more, no one is coming to their rescue — not regulators, the U.S. justice system, or platforms, which in some cases don’t offer live customer service support over the phone. “The way these companies make money is… Source link

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link

Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link

Enlarge / Yahoo logo at the 2014 International CES conference in Las Vegas. Getty Images | Ethan Miller Verizon is reportedly ready to give up on Yahoo and AOL after spending a combined $9 billion on the once-dominant Internet brands that fell from prominence years before Verizon bought them. “Verizon is exploring a sale of assets including Yahoo and AOL, as the telecommunications giant looks to exit an expensive and unsuccessful bet on… Source link

Apple (AAPL) has seemingly been the only business that hasn’t been impacted by the ongoing global chip shortage. Until now. On Wednesday, the company announced that its revenue in the June quarter could take a $3 billion to $4 billion hit as a result of the semiconductor crisis. Apple had a blow-out Q2, with the company reporting an incredible 54% year-over-year jump in revenue on strong hardware sales across the board. We’re talking incredible sales performance from the iPad and Mac… Source link

Google today announced the launch of 40,000 new developer scholarships in Africa. Google will offer the scholarships — created in partnership with tech talent companies Pluralsight and Andela — to developers spread across mobile and cloud development tracks. According to the statement released by the company, Google will give full scholarships (with certifications in Android and cloud development) to the top 1,000 students (beginner and intermediate developers) at the end of the… Source link

Bloomberg Global Chip Drought Hits Apple, BMW, Ford as Crisis Worsens (Bloomberg) — The global chip shortage is going from bad to worse with automakers on three continents joining tech giants Apple Inc. and Samsung Electronics Co. in flagging production cuts and lost revenue from the crisis.In a dizzying 12-hour stretch, Honda Motor Co. said it will halt production at three plants in Japan; BMW AG cut shifts at factories in Germany and England; and Ford Motor Co. reduced its full-year earnings… Source link

Blocking a proposed British class action against Google (GOOGL.O), that alleges it secretly tracked millions of iPhone users a decade ago, risks allowing big firms to behave with impunity, a lawyer told the Supreme Court on Thursday. Hugh Tomlinson, a lawyer for former consumer rights champion and class representative Richard Lloyd, told senior judges that although the case was “novel and innovative”, it was an appropriate way to ensure access to justice and compensation. “If we are wrong… Source link

Bloomberg Warren Buffett Poised to Weigh In on How Berkshire Fares Post-Pandemic (Bloomberg) — A year after Warren Buffett revealed he was unloading airline stocks as the pandemic took hold, Berkshire Hathaway Inc. shareholders are eager for his sense of what’s next for the conglomerate with more Americans emerging from lockdown.On Saturday, Berkshire’s chief executive officer will address shareholders via video-conference to conform with health guidelines, scrapping for a second year an… Source link

Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) could save a whopping $1 billion annually if employees continue to work from home the rest of the year and not travel, book trips and hotels online due to the COVID-19 pandemic, according to a company filing. What Happened: Google saved $268 million in expenses from company promotions, travel and entertainment versus the same period a year earlier, primarily as a result of COVID-19, the company said Wednesday. That equates to more than… Source link