This crypto startup is offering 8.6% interest on savings accounts — 123x the national average

If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank. Certificates of deposit, or CDs, which require you to lock up savings for a predetermined amount of time offer slightly better interest rates, but not much better than the paltry 0.07% annual percentage yield (APY) that is the current national average for savings accounts, according to Bankrate. But one crypto startup, BlockFi, is letting users earn at a… Source link

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The four Donald Trumps I’ll miss the most

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

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How Elon Musk and Jeff Bezos can help save our democracy

With all the attention on politics and COVID-19 right now, you may have missed this recent headline: “Elon Musk overtakes Jeff Bezos to become world’s richest person.” Or maybe you did see it and thought, who cares? Well you should. (Before you continue reading, a trigger warning: This column is about staggering wealth. The numbers you are about to read will shock you.) It’s not so much that Musk is now worth some $200 billion, according to the Bloomberg Billionaires Index, versus… Source link

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Yandex & Mail.ru Reported For Abusing Dominant Positions To Facilitate Piracy * TorrentFreak

The appearance of pirate sites and content in search results and similar online services is an ongoing issue for copyright holders. In an ideal world, all allegedly-infringing content would be removed, they argue. However, given the nature of copyright infringement and licensing of official material, it is not always a straightforward matter to determine who has the necessary rights to display or distribute content. As a result, many online platforms rely on rightsholders to inform them… Source link

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Google buys Fitbit for over $2 billion

SPRINGFIELD, Mass. (WWLP) – Google has completed its more than two billion-dollar acquisition of Fitbit. It comes 14 months after Google announced the deal that immediately raised regulatory and privacy alarms. Google makes most of its money by selling ads based on the information it collects from its billions of users. Privacy watchdogs feared it might exploit Fitbit to peer even deeper into people’s lives. But Google entered a series of commitments around the world… Source link

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How the world’s biggest tech companies are working to prevent more violence on Inauguration Day

In the aftermath of the Jan. 6 Capitol attack, tech companies ranging from Facebook and Twitter to Google have moved to stop the spread of violent content on their platforms. With the presidential inauguration set for Jan. 20, those sites, as well as others including Shopify and Etsy, have moved to address similar content on their platforms related to the day’s event. Here’s how some of the biggest tech companies in the world are working to address the volatile situation in Washington and… Source link

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PayPal’s Bitcoin revenue expected to top $2 billion by 2023

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

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New twist in Trump accuser’s lawsuit

The US government said President Donald Trump should not be forced to defend a defamation lawsuit placed against him by a woman who accused him of rape 25 years ago. Author E. Jean Carroll accused Trump of raping her, but the government has argued it should be substituted as the defendant. In a filing with the 2nd US Circuit Court of Appeals in Manhattan, the Department of Justice said Trump qualified as a typical “employee of the government” entitled to immunity under federal law from… Source link

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Ralph Lauren drops Justin Thomas after anti-gay slur

Justin Thomas has lost one of his oldest sponsors. (AP Photo/Phelan M. Ebenhack) Justin Thomas will no longer have Ralph Lauren as a sponsor after a microphone picked up a muttered anti-gay slur from the golfer after he missed a putt at the Sentry Tournament of champions. The company announced it was discontinuing its partnership with Thomas, currently ranked third in the world, in a statement released Friday: At the Ralph Lauren Corporation, we believe in the dignity of all people, regardless… Source link

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National Rifle Association Files Bankruptcy, Citing New York Politics

(Bloomberg) — The National Rifle Association of America, the gun-rights group feared for its lobbying clout but now threatened with dissolution by the state of New York, filed Friday for Chapter 11 bankruptcy with plans to regroup in Texas. Restructuring in court will help the NRA exit “a corrupt political and regulatory environment in New York,” according to a statement on its website. The NRA’s petition listed assets and liabilities of as much as $500 million each. The filing marked… Source link

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