Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
North Korea Stole Millions in Cryptocurrency to Fund Its Missile Program, Says UN Report
North Korea funded its missile programs with millions of dollars in stolen cryptocurrency, reports the BBC, citing a new UN report: Between 2020 and mid-2021 cyber-attackers stole more than $50m (£37m) of digital assets, investigators found. S.....»»
El Salvador Angrily Rejects IMF Call To Drop Bitcoin Use
The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender in the Central American country. ABC News reports: Treasury Minister Alejandro Zelaya angrily said that "no internati.....»»
Senate Republicans: Don’t let states choose where to spend broadband money
Treasury rule lets states use funds in areas that already have 25Mbps/3Mbps speeds. Enlarge (credit: Getty Images | metamorworks) Senate Republicans are crying foul over a Biden administration plan to fund broadband deployment.....»»
FCC will invest over $1.2 billion in rural broadband across 32 states
As part of the Federal Communications Commission's (FCC) project, the commission also created the Rural Broadband Accountability Plan to ensure that programs such as the Rural Digital Opportunity Fund are compliant with the regulatory terms. The new.....»»
US Space Force Wants to Fund "Space Junk"-Cleaning Startups
America's Department of Defense "wants to clean up space...at least the increasingly polluted region in low Earth orbit, where thousands of bits of debris, spent rocket stages and dead satellites whiz uncontrollably," writes the Washington Post. The.....»»
GameStop forever? Early investors weigh in a year after the boom
Thousands of people jumped on the Gamestop bandwagon last year when the company's stock began to surge. One year on, some are still holding on......»»
GameStop: Rise of the Players trailer shows a stock revolt
The true story of the 2021 Gamestop short squeeze unfolds in the new documentary, Gamestop: Rise of the Players, which is out now in a limited release......»»
Washington State Shuts Down "Sold By Amazon" Program Nationwide
An anonymous reader quotes a report from The Seattle Times: Amazon is shutting down its "Sold by Amazon" program after an investigation from Washington Attorney General Bob Ferguson found it was anticompetitive and violated antitrust laws. The compan.....»»
IMF Urges El Salvador To Remove Bitcoin As Legal Tender
The International Monetary Fund is pushing El Salvador to ditch bitcoin as legal tender, according to a statement released on Tuesday. CNBC reports: IMF directors "stressed that there are large risks associated with the use of bitcoin on financial st.....»»
EU launches "game changer" space startup fund
The EU launched Tuesday a billion-euro fund to support startups in the space sector with the hope it will be a "game changer" and attract private investors into the key sector......»»
Niantic shuts down Pokémon Go trading on hearing one player got 100 "lucky" trades
Getting just one lucky Pokémon is not easy, let alone being granted 100. Nintendo Life points out there are a couple of things that can increase your chances, like owning a monster for more than a year or trading with a "Lucky Friend." This last one.....»»
Controversial Investment Guru Cathie Wood Wants to Help You Trust the Stock Market Again
(To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.) Cathie Wood is CEO, CIO and founder of ARK Invest, a closely watched investment fund known for its prescient high risk, high reward s.....»»
Day Traders as "Dumb Money"? The Pros Are Now Paying Attention
Last year, amateur investors took financial markets by storm. This year, Wall Street professionals are watching them closely. From a report: Fund managers who might have once derided small-time day traders as "dumb money" are scouring social-media po.....»»
Google wants secure open-source software to be the future
Google wants to create a public-private partnership to identify, fund and staff critical open source projects......»»
Jack Dorsey Announces Bitcoin Legal Defense Fund
Former Twitter CEO and Block founder Jack Dorsey has announced plans to create a "Bitcoin Legal Defense Fund" with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex. CoinTelegraph report.....»»
Adhole, the Massive Public Pi-hole Instance, Shuts Down
segaboy81 writes: I've been running Pihole for years (for myself), but this guy was running one for everybody! Since 2017, those not so savvy who still wanted the experience of Pi-hole, could turn to Adhole.org. That is, until now. Adhole.org is shut.....»»
ISPs must accept gov’t subsidy on all plans—no more upselling, FCC chair says
FCC chair seeks stricter rules after ISPs used previous subsidy to upsell users. Enlarge (credit: Getty Images | maogg) Less than a year after Verizon and other ISPs forced users to switch plans in order to get government-fund.....»»
The metaverse is ‘off limits’ for Apple’s upcoming VR headset
Apple does not want its upcoming mixed reality headset to offer a “completely virtual world” that shuts off users in the metaverse, according to a new report......»»
GameStop jumps after report on NFT trading hub, crypto pact
A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike BlakeShares of GameStop Corp (GME.N) rose on Friday after the video game retailer announced plans to expand its non-fungible token (NFT) market and.....»»
A new BlackBerry with a keyboard is still on the schedule for 2022
As the old BlackBerry brand shuts down, a rebranded BlackBerry phone is on the way with 5G and a physical keyboard in tow......»»