Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks

By David Randall NEW YORK, March 3 (Reuters) – ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will “gut” traditional banks. Wood, whose $24.4 billion ARK Innovation exchange-traded fund is the largest actively managed ETF tracked by Lipper, said in a webinar her fund remains “opportunistic” despite the recent slide in the S&P 500 as investors have raised concerns over… Source link

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Apple, Google app store fights move to the states

Both state Rep. Andy Vargas, a Democrat who is sponsoring similar legislation in Massachusetts, and Hawaii Democratic state Sen. Stanley Chang said they hoped legislation would help level the playing field between the tech companies and startups and entrepreneurs, who have no choice but to accept Apple’s and Google’s terms. The state legislative fights are the latest manifestation of the long-running gripes that developers such as Spotify have aired to lawmakers and antitrust regulators… Source link

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San Jose revamps downtown Diridon Station, Google development

San Jose’s latest revamp of its grand vision for transforming the area surrounding Diridon train station and SAP Center features a massive increase in office space and hotel rooms as the city seeks to expand and revitalize its downtown core. After crafting numerous versions of its Diridon area development plan, the city this week unveiled a slew of proposed updates that sharply enlarge the size of downtown San Jose, as well as allow for much higher building heights and greater… Source link

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San Jose revamps downtown Diridon Station, Google development

San Jose’s latest revamp of its grand vision for transforming the area surrounding Diridon train station and SAP Center features a massive increase in office space and hotel rooms as the city seeks to expand and revitalize its downtown core. After crafting numerous versions of its Diridon area development plan, the city this week unveiled a slew of proposed updates that sharply enlarge the size of downtown San Jose, as well as allow for much higher building heights and greater… Source link

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Deutsche Bank Pounds the Table on UWM Stock

A moat is often talked of as the element to make a company truly stand out from the pack. For Deutsche Bank analyst Ashish Sabadra, UWM Holdings Corporation (UWMC) is one such name in possession of the elusive quality. After a conversation with UWM’s CTO, Sabadra came away believing UWM’s proprietary technology is its “key competitive differentiator.” “The company has invested heavily in putting together a world class modern IT infrastructure that rivals the scale of much larger… Source link

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Google Chrome’s third-party cookies going next year, no new user-tracking in browser revamp to tighten privacy

Google says it won’t develop new ways to follow individual users across the Internet after it phases out existing ad-tracking technology from Chrome browsers in an upcoming overhaul aimed at tightening up privacy. The digital giant has been working on proposals to remove from Chrome third-party cookies — snippets of code used by a website’s advertisers to record browsing history in order to show users personalized ads. Third-party cookies have been a longstanding source of privacy… Source link

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Google’s Message To The Ad Industry: We Won’t Build Our Own Third-Party Cookie Alternatives (And We Don’t Want You To Either)

Google said in a blog post on Wednesday that it won’t use alternative methods to track users online once it ends support for third-party cookies in Chrome – and that it disapproves of using email as an alternative identifier for ad tracking. In other words, Google is stating for the record that it will not cook up any voodoo tracking magic of its own and that all of its web products will be driven by the privacy-preserving APIs currently in development within the Privacy… Source link

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