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.....»»
SEC says GameStop’s stock surge was more than just a simple short squeeze
But excessive short interest "likely contributed" to the initial price spike. Enlarge / *Glass-breaking noise* (credit: Aurich Lawson) Back in January, when we attempted to explain the meteoric rise of GameStop's stock price,.....»»
SEC Says GameStop Stock Surge Due To Individual Investors, Doesn"t Recommend Policy Change
Oscar Gonzalez writes via CNET: In January, GameStop's stock price shot through the roof reaching a peak of $483. There were many questions about this sudden surge, especially from the Securities and Exchange Commission, which investigated the rise a.....»»
Why a Bitcoin ETF On Futures Might Not Be Such a Good Idea
Tomorrow morning, the ProShare Bitcoin Strategy ETF is scheduled to begin trading. "Before you rush headlong into this market, it's important to understand that there are crucial differences" between an exchange-traded fund that's backed by actual Bi.....»»
Bitcoin Comes To the Big Board
Bitcoin has been on a tear in recent weeks, approaching record high prices above $60,000, as crypto enthusiasts anticipate history in the making. Tomorrow morning, ProShares will launch a long-awaiting exchange-traded fund on the New York Stock Excha.....»»
The Ups and Downs of Bitcoin"s First Month in El Salvador
One month ago El Salvador made bitcoin legal tender in the country. The Motley Fool looks at how it's playing out: Even before the launch, President Bukele's push for Bitcoin was not popular at home or abroad. The IMF refused to help fund the rollou.....»»
SEC Said To Allow Bitcoin Futures ETFs As Deadline Looms
The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter. Bloomberg reports: The.....»»
Site Allowing You To "Skip the Interview" Launches, Then Promptly Shuts Down
An anonymous reader quotes a report from Protocol: A company proposing job-seekers ask past coworkers to pay money and "sponsor" them for a new job launched, and rather immediately shut down, its website on Wednesday. The main idea behind the site, c.....»»
Microsoft shuts down LinkedIn in China
Microsoft is shutting down LinkedIn in China though it will launch a new jobs app called InJobs in its place......»»
Apple Joins Blender"s Development Fund To Support 3D Graphics Tool
Blender today announced that Apple has joined the Blender Development Fund to support continued development of the free open source 3D graphics tool. From a report: Alongside a contribution to the Development Fund, Apple will provide engineering expe.....»»
GameStop’s PC gaming hardware and accessories selection just gets better and better
GameStop just keeps adding to its PC Gaming hardware, accessories, and peripherals lineup and we're sharing our favorites, just in time for the holidays!.....»»
We can"t stabilise the climate without carbon offsets – so how do we make them work?
Carbon offsetting has been in the news lately after a report raised concerns about the integrity of the federal government's offsetting scheme, the emissions reduction fund......»»
Firefox Now Shows Ads As Sponsored Address Bar Suggestions
waspleg writes: Mozilla is now showing ads in the form of sponsored Firefox contextual suggestions when U.S. users type in the URL address bar. Mozilla says the feature was introduced with Firefox 92 in September to fund development and optimization......»»
Spanish volcano eruption shuts airport, area still "tense"
The airport on the Spanish island of La Palma shut down again Thursday due to ashfall from a volcano that has been erupting for almost three weeks......»»
Tongfu to raise CNY5.5 billion for capacity expansions
China-based OSAT Tongfu Microelectronics plans to raise up to CNY5.5 billion (US$854 million) to fund its upcoming capacity expansions for a variety of segments, according to industry sources......»»
PS5 restock: Twitter tracker for Best Buy, GameStop and Target update
PS5 restock: Twitter tracker for Best Buy, GameStop and Target update.....»»
GameStop’s pre-owned bundle deals are the best way to experience classic games
Want to try out some new games? GameStop is offering some awesome pre-owned game bundles across various genres......»»
Activision Blizzard settles discrimination lawsuit for a fraction of its yearly earnings
Compensation fund for affected employees is nothing compared to 2020's $8.1 billion revenue. Enlarge / Activision Blizzard's settlement over harassment and discrimination allegations is a drop in the bucket compared to what it made in revenue la.....»»
Facebook is Spending $50 Million To "Responsibly" Build the Metaverse
Facebook has announced a $50 million fund that it says will help it develop the metaverse more responsibly. From a report: It's officially called the XR Programs and Research Fund, and the company says it'll be invested into "programs and external re.....»»
FCC Showers Schools Across the US With $1.2 Billion From Emergency Connectivity Fund
The FCC has sent out the first checks from its Emergency Connectivity Fund, an effort to help close the "homework gap" at schools by covering the cost of computers and internet services. From a report: Thousands of school districts, in every state pl.....»»
Study: Very low effective tax rates often do not reflect high levels of corporate tax avoidance
Companies' low effective tax rates have drawn the ire of politicians, policymakers, the media and the public. As Congress begins debating changes to corporate taxes to partially fund a $3.5 trillion budget plan, the Biden administration is raising qu.....»»