Square (SQ) hasn’t escaped the volatility in bitcoin this year by any means. The payments platform — which allows the buying and selling of bitcoin via its Cash App — said Monday its second quarter bitcoin revenue clocked in at $2.72 billion. That’s a 23% drop from the first quarter. Gross profit from Square’s bitcoin business tallied $55 million, down $20 million from the first quarter. Year-to-date Square has been forced to take $65 million in impairments related to its bitcoin… Source link
Read More »Google Earth didn’t block the Suez Canal. The difference in color is from lighting, camera angles
A giant container ship that found itself stuck sideways in the Suez Canal has finally been freed after creating a maritime traffic jam and disrupting global shipping. But the incident spurred some online to claim that it was no accident and that Google Earth suspiciously blocked people from seeing the canal. “Why’d Google earth block the Suez Canal?” one Facebook post questions while displaying screenshots from Google Earth that appear to show a large portion of the canal in a starkly… Source link
Read More »Google used a 64-camera rig to train its portrait lighting AI
TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link
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