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Intercontinental Exchange (ICE) is taking a $1.1 billion write-off for its holdings of crypto platform Bakkt (BKKT) according to an SEC filing late Friday afternoon. Atalanta-based Bakkt, which offers crypto and other digital assets to institutional investors, is taking a $1.3 to $1.4 impairment on a loss of goodwill in addition to $150 to $160 million on its intangible assets. Cryptocurrencies are considered intangible assets based on Generally Accepted Principles of Accounting (GAAP),… Source link

The Global Ride Hailing Market study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about Ride Hailing Industry is its growth rate. Many major technology players – including Gett Taxi, Grab, EasyTaxi, Delphi Automotive, DiDi Chuxing, Lyft, Yandex, Go-Jek, Denso Corporation, Ola, Uber Technologies, TomTom NV, Taxify, Careem & Intel… Source link

Comment on this story Comment When people open Google.com, the tech company’s Doodle team has a few seconds to hook a visitor into engaging with their games, illustrations or historical facts. This Halloween, Google is inviting people to play an online multiplayer game akin to arcade and classic phone game “Snake.” Like “Snake,” the new Google Doodle lets players move across a map, amassing pixels that follow their character and grow longer. To join, anyone can click on the Doodle to… Source link

This article is part of our Yahoo DFS Hockey series. It’s Halloween weekend, but don’t be afraid of setting your DFS lineups. Saturday night there are nine games on the docket starting at 7 p.m. EDT or later. Here are some players to target, and to avoid, for your DFS squads. Let’s get to it! GOALIE Jordan Binnington, STL vs. MON ($38: Binnington is giving people flashbacks to his rookie campaign. Through four starts he has an 1.74 GAA and .936 save percentage. The Canadiens are 29th… Source link

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better The rate on America’s most popular home loan has topped 7% for the first time in 20 years as the housing market faces a potentially lengthy slowdown. Rapidly rising mortgage rates have taken a toll on home buying, and forecasts show continued weakness into 2023. Home sales and new listings have hit record lows since the early days of the pandemic, and more than… Source link

Although diversity is a core asset for companies, women building their careers still face a number of disparities. A study conducted by Goldman Sachs in March found that women earn more than $20 trillion every year and control one-third of household wealth globally. Yet, they make up just 8% of Fortune 500 CEOs and draw roughly 3% of all venture capital (VC) dollars. “Those women succeed despite the odds,” Julia Boorstin, author of “When Women Lead,” told Yahoo Finance Live (video above). “I… Source link

Maybe you’ve glossed over the wild news coming out of the U.K. recently, but it’s actually important stuff, especially as it concerns the country’s new prime minister, Rishi Sunak, whose backstory has deep and surprising American ties. I’ll get to that good stuff on Sunak in a second, but first a word about the bond between America and England. France or Israel might believe they have a special relationship with the U.S.—but they’re fighting for second place. We’ve had ties with… Source link

This article is part of our Yahoo DFS Baseball series. Game 2 of the World Series has a lot to live up to. I expected a pitcher’s duel in Game 1 with Justin Verlander and Aaron Nola, but instead got plenty of runs – not to mention one that went down to the wire. On Saturday, we prep for Game 2, which once again has a first pitch set for 8:03 p.m. EDT. On Yahoo, you have $85 in salary for five players. Your Megastar earns twice the points, while your Superstar earns you 1.5 times the… Source link

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Our story “How Google’s Ad Business Funds Disinformation Around the World” found that, despite Google’s public commitments… Source link

Google is funneling revenue to some of the web’s most prolific purveyors of false information in Europe, Latin America and Africa, a ProPublica investigation has found. The company has publicly committed to fighting disinformation around the world, but a ProPublica analysis, the first ever conducted at this scale, documented how Google’s sprawling automated digital ad operation placed ads… Source link