Bitcoin crested above $50,000 on Monday, benefiting from simultaneous supply chain shortages and a crackdown from Chinese regulators – putting bitcoin mining on par with profits near the coin’s April all-time-high. Now, building infrastructure for the energy-intensive business poses the greatest challenge for companies and individuals hoping to reap big money. That means finding cheap and reliable energy sources, striking deals and building out mining facilities. “Throughout the summer,… Source link
Read More »Bitcoin’s revival shows cryptocurrency ‘is not a fad’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, August 24, 2021 A ‘maximalist’ vision of bitcoin means every company will be a crypto company. Oh what a difference a summer makes. Bitcoin’s (BTC-USD) slow but steady rebound from its spring lows saw the crypto unit top $50,000 on Monday, with the latest move greased by PayPal’s (PYPL) announcement that it would let U.K.-based… Source link
Read More »Alibaba’s First Sales Miss in Two Years Shows Crackdown Toll
(Bloomberg) — Alibaba Group Holding Ltd.’s revenue missed estimates for the first time in more than two years, underscoring how Beijing’s months-long campaign against the internet sector is taking a toll. Growth slowed in most of Alibaba’s major divisions from cloud to e-commerce, underlining fears that the mounting list of new government regulations is constraining expansion and increasing companies’ burdens. In a sign of the times, Chief Executive Officer Daniel Zhang on Tuesday… Source link
Read More »Google shows off Play Store’s upcoming data privacy section
Google has revealed an in-progress design for the Play Store’s upcoming safety section, which will provide information about an app’s data collection, privacy, and security practices. Announced in May, developers will be able to start declaring their safety info in October until a deadline of April next year. The safety section is currently due to start appearing in app descriptions in the first quarter of 2022. Although Google says the design is subject to change, screenshots… Source link
Read More »Google Maps Shows Users “Potentially Fatal” Route on Ben Nevis
In this May 2000 file photograph, sheep graze at the base of Ben Nevis in Scotland. Photo: Lisa Marie Pane (AP) A few years ago, instead of leading my best friend and I through a lovely and picturesque Spanish mountain trail, Google Maps took us to an isolated field with some cows. While I learned then not trust the internet when it comes to nature, it appears that an increasing number of visitors to the Scottish mountain Ben Nevis continue to do so, which could endanger their lives. In… Source link
Read More »Search Atlas Shows How Google Results Differ Around the Globe
The Google logo seen on a computer screen in Washington, DC in July 2019.Photo: Alastair Pike / AFP (Getty Images) How does a search engine like Google quantify, analyze, and rank information? What factors does it take into account, and how are they weighted? The algorithms that handle queries may be opaque, but the end results are clearly visible. That’s the idea behind Search Atlas, a new tool developed by academics that aims to show how Google would display search results if a query was… Source link
Read More »TikTok video shows woman on American Airlines plane duct-taped to her seat. The airline says she tried to open the door midflight.
@lol.airee/TikTok A viral TikTok video shows a woman duct-taped to her chair on an American Airlines flight. The airline said the woman tried to exit the plane midflight and attacked flight attendants. The passenger who filmed the video criticized American Airlines for how it handled the situation. See more stories on Insider’s business page. A TikTok video shows a woman duct-taped to her seat on an American Airlines flight after an incident in which the airline says she attacked flight… Source link
Read More »Google’s latest diversity report shows jump in departures among women of color
Google’s latest diversity report shows that despite some gains in the number of Black employees, the company is lagging in its goal to double the number of Black workers by 2025. And the search giant is having particular difficulty retaining women of color, the report released Thursday (pdf) shows. Google uses a scale it calls an attrition index, with the number 100 used as a benchmark. The attrition figure for Black women on that index rose from 110 in 2020 to 146 in 2021, the report… Source link
Read More »Yandex NV (YNDX): Price Now Near $70.3; Daily Chart Shows An Uptrend on 50 Day Basis
The Hourly View for YNDX At the moment, YNDX (Get Ratings)’s price is up $0.25 (0.36%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration… Source link
Read More »Controversy over Google’s Privacy Sandbox shows need for an industry regulator
In a blog post on March 3, Google announced that it would be removing third-party cookies from its Chrome browser—a decision that would effectively end use of third-party cookies. Google also pledged to avoid any other technology for tracking individuals as they browse the web. In its place, Google proposed cohort tracking, whereby companies could use third-party ad services to target ads only to larger groupings instead of individual users. It argued that such a change is needed to… Source link
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