Tag Archives: Bag

Elon Musk could become global ‘punching bag’ as he takes Twitter private

Elon Musk could become global ‘punching bag’ as he takes Twitter private

Elon Musk completed his $44 billion deal to buy Twitter on Thursday, reportedly firing top executives and raising questions about content regulation on a platform that banned Donald Trump. The deal comes at a delicate time for social media, as ad revenue wanes and as platforms remain on high alert for potential foreign interference ahead of the Nov. 8 midterm elections. Musk’s decisions on content regulation could determine Twitter’s role in ensuring fair elections. Now that Musk has ousted… Source link

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Bitcoin Washout Is Leaving Mom-and-Pop Buyers Holding the Bag

Bitcoin Washout Is Leaving Mom-and-Pop Buyers Holding the Bag

(Bloomberg) — There’s a crypto refrain when prices crash precipitously like this: The selloff is washing out the short term-focused non-believers, known as weak hands, strengthening the industry in its wake. Most Read from Bloomberg It’s a glib way to think of all those who had joined the market as Bitcoin’s price rose to an all-time high at the end of last year — including institutions and small-time at-home investors, many of whom are deeply underwater on their investments now. A… Source link

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Russians try to sell Big Macs for $36 each and a McDonald’s paper bag for more than $300, following the closure of branches

Russians have been attempting to sell McDonald’s menu items on Russian website Avito.faber1893/Shutterstock Russians are trying to sell McDonald’s menu items online, following branch closures. Popular items like Big Macs and McMuffins have been offered at inflated prices. One listing on a classified ads website offered McDonald’s packaging for up to $373. Russians are attempting to sell McDonald’s menu items online at highly inflated prices, following the closure of more than 800 restaurants in… Source link

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3 Fed interest rate hikes in 2022 ‘not necessarily in the bag,’ US Bank chief economist says

Consumer prices in December rose the most year-over-year since 1982, feeding into the Federal Reserve’s guidance that it may need to raise interest rates three times this year to combat inflation. But one economist says the last year has taught an important lesson: forecasters have to stay humble, and nimble. That means there’s no guarantee that three hikes will be necessary. “I think there’s some downside risk for the economy, and, therefore, three hikes are not necessarily in the… Source link

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Google announces grab bag of new Android features for the end of 2021

Google has a bevy of new features coming soon to Android, including new widgets for YouTube Music, Google Play Books, and Google Photos; new Android Auto features; and updates for Google Assistant and Google Photos. The company detailed the new features in a blog post. The biggest car-based addition is that from today Pixel 6, Pixel 6 Pro, and Samsung Galaxy S21 owners will be able to use their phones as a car key with “compatible BMW vehicles” in select countries. Google announced it… Source link

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Meet The Dogecoin Millionaire Who’s Holding Onto His Bag

When in February Glauber Contessoto decided to invest his life savings in Dogecoin (CRYPTO: DOGE), his friends questioned his mental soundness. Now that this decision has made him a millionaire (on paper), many may also be bewildered by his decision to not liquidate the investment. What Happened: Contessoto told The New York Times that his friends and family called him “crazy” when he made the decision that made him a millionaire. “It’s a joke coin. It’s a meme. It’s going to crash,” he… Source link

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