(Bloomberg) — Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline. Most Read from Bloomberg A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September. The stock slide on Monday sent Zuckerberg’s worth down to $120.9 billion,… Source link
Read More »Student loan giant loses another case about private debt discharge in bankruptcy
Student borrowers with certain types of private loans inched closer to being able to discharge that debt in bankruptcy after a New York court ruling. On Thursday, the U.S. Court of Appeals for the Second Circuit sided with student debtor Hilal Homaidan against student loan giant Navient (NAVI), which had argued that private student loans could not be erased under the existing bankruptcy laws. A three-judge panel determined that certain private student loans can be discharged in certain cases… Source link
Read More »Everyone loses with Naomi Osaka’s departure
Naomi Osaka, locked in a test of wills with the French Open about her media obligations, withdrew from the major championship Monday, citing mental health concerns. Osaka had refused to meet with the media during the tournament. She said it was in an effort to avoid what she considered a stressful and potentially unhealthy situation. The French Open, like all tournaments, requires such sessions, citing the need for publicity to drive ticket sales, television ratings and sponsorships. Osaka had… Source link
Read More »UPDATE 1-Dogecoin loses third of price after Elon Musk calls it a ‘hustle’ on ‘SNL’
(Updates price, adds commentary) By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 9 (Reuters) – Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the “Saturday Night Live” comedy sketch TV show. Dogecoin was quoted as low as $0.416 on crypto exchange Binance… Source link
Read More »Solana Beach loses booming, Google-backed tech startup Flock Freight to Encinitas
Flock Freight, one of San Diego’s hottest tech startups, is moving its headquarters from Solana Beach to Encinitas, citing unbearably slow action on a permit request that would allow it to expand. The startup is quickly becoming well-known in San Diego County thanks to its recent $113 million venture cap deal led by SoftBank (which manages the largest tech fund on the planet). Flock Freight’s algorithms help companies move products more efficiently, combining small shipments into a… Source link
Read More »Google’s FeedBurner moves to a new infrastructure but loses its email subscription service – TechCrunch
Google today announced that it is moving FeedBurner to a new infrastructure but also deprecating its email subscription service. If you’re an internet user of a certain age, chances are you used Google’s FeedBurner to manage the RSS feeds of your personal blogs and early podcasts at some point. During the Web 2.0 era, it was the de facto standard for feed management and analytics, after all. Founded in 2004, with Dick Costolo as one of its co-founders (before he became Twitter’s… Source link
Read More »Cody Bellinger called out, loses homer on bizarre play
On the first day of the 2021 MLB season, the baseball gods decided fans needed an update on the game’s obscure rules. How else can you describe what happened in the third inning of the Colorado Rockies-Los Angeles Dodgers game? Here’s what it looked like initially: With Justin Turner on first base, Cody Bellinger drove a ball deep to the opposite field. Rockies left fielder Raimel Tapia leaped to try and make the catch at the wall, but missed. The ball barely sailed over the fence for a… Source link
Read More »Elon Musk Loses $27 Billion as Historic Wealth Gains Unravel
TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link
Read More »Syracuse loses thanks to fourth-down spike
A really bad season for Syracuse just got worse. The Orange entered Saturday’s home game against NC State on a six-game losing streak and holding a 1-8 overall record. On the other side, NC State has been having a pretty good season and was 6-3 on the year when it marched into the Carrier Dome. NC State is now 7-3 thanks to an awful gaffe by the Syracuse offense. Syracuse led for most of the game, holding a 22-14 halftime lead and a 29-20 advantage late in the third quarter. But NC State… Source link
Read More »New Florida man Tom Brady loses jet skis in Tropical Storm Eta – Yahoo Sports
The Telegraph Jack Nicklaus and Gary Player demand action to curb striking distance at Augusta After hitting the opening ceremonial drives at Augusta on the first day of the 84th Masters, Jack Nicklaus and Gary Player used their legendary status to demand action from the game’s governing bodies to stop the ball going so far. In an impassioned set of pleas that will surely make the R & A and US Golf Association sit up and take notice as the distance issue intensifies, Player expressed his… Source link
Read More »