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As Wall Street flits from one craze to the next; GameStop (GME), Bitcoin (BTC-USD) and now SPACs, the message is clear. If only we could act upon it. As a way of looking into this ongoing mania of mini-manias, I’ve turned my attention to the latest boom, SPACs, once a quirky, backwater of a security, now all the rage. Let’s start with Kap, who has a SPAC. That being former San Francisco 49ers quarterback, Colin Kaepernick—famous for taking a knee during the national anthem—who has… Source link

When Amazon (AMZN) revealed last week that CEO Jeff Bezos would step down later this year, the news broke in an earnings report that announced a quarterly sales record — but it also coincided with less flattering news. On the same day, Amazon agreed to pay $61.7 million in a settlement over claims that it withheld drivers’ tips; six days later, workers at a warehouse in Bessemer, Alabama, would begin casting their votes in a historic effort to form the first union at one of the nation’s… Source link

CANBERRA, Australia — Australia’s Parliament will debate making Google and Facebook pay for news after a Senate committee on Friday recommended no changes to drafts of the world’s first such laws. The Senate Economics Legislation Committee has been scrutinizing the bill since it was introduced in Parliament in December. The senators rejected Facebook and Google’s arguments that the so-called media bargaining code, which would force the digital… Source link

Sumaira FH 26 minutes ago Sat 13th February 2021 | 01:44 PM Moscow is facing huge traffic jams at 11:00 a.m. local time (08:00 GMT) on Saturday because of the heavy snowfall, the traffic monitoring service of the Yandex company shows, putting the city’s traffic jams at 8 out of 10 MOSCOW (UrduPoint News / Sputnik – 13th February, 2021) Moscow is facing huge traffic jams at 11:00 a.m. local time (08:00 GMT) on Saturday because of the heavy snowfall, the traffic… Source link

Distressing footage has shown the moment a postal worker appeared to leave an elderly woman on the ground after she asked him to help her up. The Royal Mail employee was captured on a doorbell camera telling 72-year-old Patricia Stewart he was “too knackered” to help her while making a delivery in Bainsford, a small village in Scotland, on Thursday (local time). Ms Stewart had slipped on ice and hurt her head outside her home, but when the postman approached, he looked down at her and is heard… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

Fahad Shabbir (@FahadShabbir) 21 minutes ago Sat 13th February 2021 | 10:30 AM MOSCOW (UrduPoint News / Sputnik – 13th February, 2021) Moscow is facing huge traffic jams at 4:00 a.m. local time (01:00 GMT) on Saturday because of the heavy snowfall, the traffic monitoring service of the Yandex company shows. Yandex is currently putting the city’s traffic jams at 8 out of 10, while under normal conditions the streets of the Russian capital are absolutely free at… Source link

Russian Dutch-domiciled search engine, ride-hailing and email service provider Yandex on Friday disclosed a data breach that compromised 4,887 email accounts of its users. The company blamed the incident on an unnamed employee who had been providing unauthorized access to the users’ mailboxes for personal gain. “The employee was one of three system administrators with the necessary access rights to provide technical support for the service,” Yandex said in a statement. The company said the… Source link

Fahad Shabbir (@FahadShabbir) 11 minutes ago Sat 13th February 2021 | 06:20 AM MOSCOW (UrduPoint News / Sputnik – 13th February, 2021) Moscow is facing huge traffic jams at 4:00 a.m. local time (01:00 GMT) on Saturday because of the heavy snowfall, the traffic monitoring service of the Yandex company shows. Yandex is currently putting the city’s traffic jams at 8 out of 10, while under normal conditions the streets of the Russian capital are absolutely free at this… Source link

To Google it began as a niggle in a small, far-off market: a public inquiry by Australia’s competition commission into Big Tech and the media. But four years on, Australia is at the vanguard of a global regulatory fightback that threatens to reset the terms of trade between tech platforms and the news media, and more importantly for Google, to erode fundamental pillars of the internet that helped it thrive.  Australia’s parliament is closing in on a statutory code that… Source link