Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American
Read More »REFILE-US STOCKS-Wall St drops 2% on growth worries; focus turns to Fed
(Corrects to remove extraneous text in headline) * Energy, bank stocks lead market declines * All eyes on Fed’s policy meeting later this week * Major airlines gain as U.S. relaxes travel rules * Indexes down: Dow 1.92%, S&P 2.04%, Nasdaq 2.53% By Devik Jain Sept 20 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its… Source link
Read More »Google Nest Wifi mesh system drops to $229, more
All of the best deals have now gone live and are headlined by the Google Nest Wifi Mesh Router at $229. That’s alongside the first discount on Anker’s new eufy Floodlight Cam 2 Pro at $50 off and this end-of-summer Philips Hue sale. Hit the jump for all that and more in the latest 9to5Toys Lunch Break. Save $70 on Google Nest Wifi Mesh Router system Amazon now offers the Google Nest Wifi Mesh Router system for $229. With $70 in savings from the $299 price tag you’d normally… Source link
Read More »Bitcoin Drops Below $30K for First Time in 4 Weeks
Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week. Bitcoin has been locked in the broad price range of $30,000 to $40,000 since mid-May, and briefly broke below the $30,000 mark on June 22. The cryptocurrency fleetingly traded at $29,700 a day after the People’s… Source link
Read More »Bitcoin Drops as Investors Buy $22K and $20K Puts
Bitcoin is falling a day after the options market saw increased demand for out-of-the-money or lower strike put options at $22,000 and $20,000. The leading cryptocurrency was trading at a three-week low of $30,700 at press time, representing a 3.5% drop on the day. The decline has flipped the crucial 50-week simple moving average (SMA) support of $32,250 into resistance. On Sunday, 500 contracts of the $22,000 put option expiring on Dec. 31 changed hands via the institution-focused… Source link
Read More »Sen. Warren says borrowers can ‘breathe a sigh of relief’ after major servicer drops out of federal student loan program
This story has been updated to include a statement from the Education Department. The Pennsylvania Higher Education Assistance Agency (PHEAA) — a national student loan servicer that has been criticized for failing to forgive the debts of public servants — is planning to exit the federal student loan servicing business in December of this year. PHEAA, which administers the Public Service Loan Forgiveness (PSLF) program and operates as FedLoan Servicing, has notified the Education Department… Source link
Read More »Google drops engineering residency after protests over ‘inequities’
Googleplex headquarters in Mountain View, California. Bloomberg | Bloomberg | Getty Images Alphabet‘s Google plans to shut down a long-running program aimed at entry-level engineers from underrepresented backgrounds after participants said it enforced “systemic pay inequities,” according to internal correspondence seen by Reuters. Google confirmed it was replacing the Engineering Residency with a new initiative, saying it is “always evaluating programs to ensure they evolve and adapt over time… Source link
Read More »EXCLUSIVE Google drops engineering residency after protests over ‘inequities’
A sign is seen at the entrance to the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021. REUTERS/Shannon Stapleton June 22 (Reuters) – Alphabet Inc’s (GOOGL.O) Google plans to shut down a long-running program aimed at entry-level engineers from underrepresented backgrounds after participants said it enforced “systemic pay inequities,” according to internal correspondence seen by Reuters. Google confirmed it was replacing the Engineering Residency with… Source link
Read More »Nvidia Drops After Touching Record on Arm Deal Prospects
(Bloomberg) — Nvidia Corp. notched a small decline after touching an all-time high Friday amid growing anticipation about whether the chipmaker will win regulatory approval for its proposed acquisition of Arm Ltd. The stock rose as much as 3.9% before erasing the gains to close down 0.1%. So far in June, the stock is up more than 14%, putting it on track for its biggest one-month gain since August. The month’s advance started after Nvidia Chief Executive Officer Jensen Huang said he remains… Source link
Read More »Bitcoin Drops Ahead of Looming ‘Death Cross’
Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain… Source link
Read More »