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Bitcoin’s price continues to climb, a consistent flow of BTC is leaving exchanges and bitcoin “whale” sightings are becoming more frequent. But beyond the market frenzy, how does it all work?  Is bitcoin money or a technology? Is it a store of value like gold or does it emulate Milton Friedman’s “e-cash” idea?  And while the world struggles to come to terms with bitcoin – perhaps most clearly shown in the discrepancy between bitcoin’s current price and asset manager Source link

Online advertising is expected to generate $42 billion in revenue this year for Google, which captures a third of all digital ad spending, according to an October projection from the firm eMarketer. Google’s vast reach led Texas and other state attorneys general to conclude in their lawsuit that the tech giant essentially had built the “largest electronic trading market in existence,” operating ad systems that are not unlike trades on a stock exchange. In that analogy, though, Texas… Source link

Wednesday, December 16, 2020 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe A scorched-Earth campaign Apple (AAPL) and Facebook (FB) have one of the fiercest business rivalries in the world, and the tech giants just launched dual scorched earth campaigns that could hurt both companies’ businesses. The tech titans have been at each other’s… Source link

The NBA’s vaunted free-agency class of 2021 is not so vaunted anymore, especially now that Milwaukee Bucks superstar Giannis Antetokounmpo has signed a supermax extension well beyond the coming year. For the few teams that felt they had a realistic shot at convincing the two-time reigning MVP to join them — namely the Miami Heat, Dallas Mavericks and Toronto Raptors — all that planning goes by the wayside. The salaries that were shed, the contracts that were not extended beyond this… Source link

Google is facing a new multi-state lawsuit, led by Texas, that accuses the company of abusing its “monopolistic power”, the latest in a slew of major legal efforts to rein in big tech. In a video announcing the suit on Wednesday, the Texas attorney generalcharged Google with engaging in anticompetitive behavior, particularly in the online advertising market. Texas argues that the company dominates the pathways by which an advertisement gets from the agency that produces it on to a web… Source link

A group of state attorneys general plan to accuse Google of illegally abusing its monopoly over the technology that delivers ads online, the attorney general of Texas said on Wednesday, adding to the company’s legal troubles with a case that strikes at the heart of its business. The lawsuit is expected to be the first by regulators in the United States to focus on the tools that connect buyers of advertising space with publishers who sell it. Advertisements generate the vast majority of the… Source link

The NFL is better when quarterback play is at its peak, and it’s possible there has never been a deeper group of quarterbacks. The old guard is still going strong. Ben Roethlisberger, Philip Rivers and Tom Brady are leading likely playoff teams in their late 30s, and Drew Brees was too before his injury. The future is bright as well. Patrick Mahomes has taken over the NFL and he’s just 25. We saw young quarterbacks Baker Mayfield and Lamar Jackson have an epic duel on Monday night. Other… Source link

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

By Diane Bartz, Paresh Dave WASHINGTON (Reuters) – Texas and nine other states sued Google on Wednesday, accusing it of working with Facebook Inc in an unlawful manner that violated antitrust law to boost its already-dominant online advertising business.The states asked that the Alphabet Inc-owned company, which controls a third of the global online advertising industry, compensate them for damages and sought “structural relief,” which is usually interpreted as forcing a company to divest… Source link

Sundar Pichai of Google testifies before the House Judiciary Committee as seen via YouTube on a laptop in Washington, DC on July 29, 2020. Carolyn Van Houten | The Washington Post | Getty Images Google is set to face a new antitrust lawsuit from a group of state attorneys general led by Texas, this time targeting its advertising technology services. Texas Attorney General Ken Paxton said in a video announcing the lawsuit that Google has used its alleged monopoly power to control pricing and… Source link