Tag Archives: Update

Bloomberg Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing (Bloomberg) — Cryptocurrency exchange Coinbase Global Inc. soared above a $112 billion valuation in its trading debut Wednesday, then slipped back below its opening price as Bitcoin fell from record highs and tech stocks fell across the board.The massive valuation, which dwarfs more traditional financial companies including Intercontinental Exchange Group Inc. and Nasdaq Inc. itself, is a landmark moment for the crypto… Source link

Google is adding a new tool to its suite of advertiser controls that aims to make it easier for ad buyers to dynamically block the sites and domains that don’t meet their brand safety standards. These dynamic exclusion lists, announced on Thursday, will be available to all Google Ads users “within the coming weeks,” which is every large technology company’s code phase for “soon-ish.” Google advertisers can already exclude specific sites, content and entire topics from… Source link

Bloomberg TikTok Founder’s $60 Billion Fortune Places Him Among The World’s Richest People (Bloomberg) — Just last year, the world’s most valuable startup, ByteDance Ltd., was being squeezed from all sides.The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps.For all the obstacles, ByteDance kept growing. Now its… Source link

(Updates shares, adds comments from Coinbase CFO) By Echo Wang April 14 (Reuters) – Cryptocurrency exchange Coinbase Global Inc was valued at almost $100 billion in a Nasdaq debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets. The company’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms… Source link

Bloomberg Biden Team Eyes Potential Threat From China’s Digital Yuan (Bloomberg) — The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency, according to people familiar with the matter.Now that China’s digital-currency efforts are gathering momentum, officials at the Treasury, State Department, Pentagon and National Security… Source link

(Bloomberg) — The pandemic is on the wrong trajectory after six straight weeks of increased cases, according to a World Health Organization officer, who said “vaccines will not end the pandemic.” India is facing an escalating health crisis, with its second wave of infections hitting record highs. The U.K. urged mourners not to gather following the death of Prince Philip, Queen Elizabeth II’s husband, a sign of how longstanding traditions will have to be put aside due to the… Source link

Yandex published an update of the company’s Yandex Browser earlier this month that integrates Image Translate functionality natively in the browser. Yandex Browser is based on Chromium, the same core that powers many other browsers including Google Chrome, Microsoft Edge, Brave, Edge or Vivaldi. The update, introduced in version 21.3.1, improves the built-in translator, powered by Yandex Translate, which works similarly to Google Translate in Chrome. When Yandex users visit foreign language… Source link

Today Google launches the product reviews search algorithm update, designed to rank well-researched, in-depth content over brief product summaries. To be clear, this is not a core algorithm update that affects all search results. This update specifically targets product reviews. In an announcement, Google says it designed the product reviews update to reward content that users find the most helpful: “Google Search is always working to show the most useful and helpful information possible,… Source link

This week’s Update features several stories on the big online travel newsmakers of last week – Google and Kayak. Enjoy. Google Once Again Embraces Organic Search and Eliminates Hotel Listing Fees(“Tripadvisor’s New Subscription Service Edges the Company Toward Online Travel Agency Status,” March 7, 2021 via Skift Travel News) (subscription may be required)(“Google eliminates fees for hotel booking links”, March 8, 2021 via Phocus Wire)(“Google Drops Costs for Hotels and… Source link

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link