Paying $115B for Stripe or $77B for Coinbase might be quite rational
It's hard to overvalue a startup when the public market is willing to double its valuation the moment it starts to trade. CoinDesk reported yesterday that crypto trading startup Coinbase is being valued at $77 billion on private exchanges......»»
"You Don"t Own Web3": A Coinbase Curse and How VCs Sell Crypto To Retail
Fais Khan, writing in a blog post: First, Coinbase is like the New York Stock Exchange of crypto -- a listing there is a huge deal, and usually leads to massive profits for everyone involved. But unlike the NYSE or NASDAQ, Coinbase gets to choose wha.....»»
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.....»»
Scammers Put Fake QR Codes On Parking Meters To Intercept Parkers" Payments
An anonymous reader quotes a report from Ars Technica: Scammers in a few big Texas cities have been putting fake QR codes on parking meters to trick people into paying the fraudsters. Parking enforcement officers recently found stickers with fraudule.....»»
Coinbase Will Shut Down For Four Weeklong Breaks This Year
Coinbase has embraced many of the workplace changes prompted by the coronavirus pandemic. The company became remote-first, and it's even closing its San Francisco headquarters to hammer in its focus on working from anywhere. From a report: Now, nearl.....»»
FuboTV increases its subscriber estimates to 1.1 million for 2021
Streaming service FuboTV says it expects to end 2021 with more subscribers that it previously estimated, with more than 1.1 million paying customers......»»
Riot Games to pay $100 million to settle gender discrimination lawsuit
Riot was accused of paying women less for similar work, fostering culture of harassment. Enlarge (credit: Chris Delmas | Getty Images) Riot Games has settled a class-action lawsuit for $100 million. Filed in 2018 by two female.....»»
Preparing, and paying for, climate change-induced disasters
During the evening hours of Dec. 10, a flurry of tornadoes ravaged several states, claiming close to 100 lives and leaving whole communities in wreckage. According to the United States National Oceanic and Atmospheric Administration, the storms were.....»»
JPMorgan Hit With $200 Million in Fines for Letting Employees Use WhatsApp To Evade Regulators" Reach
JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. From a report: The Securiti.....»»
Elon Musk says he will pay over $11 billion in taxes this year, more than any American in history
A ProPublica report back in June found that many billionaires such as Musk and Jeff Bezos pay little to no federal taxes using completely legal means. Musk reportedly avoided paying any federal income tax in 2018 while handing over just $68,000 in 20.....»»
Who"s Paying to Fix Open Source Software?
The Log4Shell exploit "exposes how a vulnerability in a seemingly simple bit of infrastructure code can threaten the security of banks, tech companies, governments, and pretty much any other kind of organization," writes VentureBeat. But the incident.....»»
Malaysia, Vietnam reopen with ongoing COVID risks and labor shortage
Malaysia and Vietnam reopened around September, allowing manufacturers to resume production. Things are gradually turning around as vaccination rates rise, but with the virus still looming large, workers at the production lines are paying the price......»»
Coinbase Mistakenly Told Some Customers They Were Billionaires
For a brief moment, their worlds had changed. From a report: On Tuesday afternoon a Coinbase "display issue" changed the balances of an untold number of customers' accounts -- making many of them billionaires in the process. Billionaires on paper, th.....»»
Apple Music"s Siri-only "Voice Plan" is now available for $5 a month
We covered the Voice Plan in greater detail a couple months ago, but we'll briefly summarize its functionality again here. If you sign up for the plan, you'll only be paying $5 a month for the same, unlimited access too all of Apple Music's 90 millio.....»»
How to make money in Animal Crossing: New Horizons
Paying off a home loan is stressful, but every little bit helps on a deserted island. Learn tips and tricks to make big bells in Animal Crossing: New Horizons......»»
Which Developers Were Paid the Most in 2021?
InfoWorld reports reveals this year's highest-paying software developer roles according to Robert Half's 2022 Salary Guide (which uses research conducted this summer on America's average salary range for the 50th and 75th percentile of applicants):.....»»
Another Porn Site Says Banks Forced It To Stop Paying Sex Workers
An anonymous reader quotes a report from Motherboard: AVN Stars, a platform where sex workers can sell porn clips, announced on Wednesday that it will no longer allow creators to monetize their content on the site beginning January 1. In a press rele.....»»
Stripe is On a Hiring Spree. But It"s Also Rescinding Job Offers and Angering Engineers.
The prevailing narrative about tech workers assumes that they have more power than ever before. This even has a term -- the Great Resignation. But at the booming, much-revered payments company Stripe, some applicants have found themselves accepting j.....»»
Lenovo IdeaPad Duet 5 Chromebook review: OLED for dirt cheap
The Lenovo IdeaPad Duet 5 Chromebook seems like a lot more tablet than you're paying for, with an excellent OLED display that should cost more......»»
Paying Tribute to Former IEEE President Richard Gowen
Richard Gowen, 1984 IEEE president, died on 12 November at the age of 86. An active volunteer who held many high-level positions throughout the organization, Gowen was president of the IEEE Foundation from 2005 to 2011 and two years later was appoin.....»»
Black Friday Bed Frame Deals (2021): Early Queen & King Bed Frame Sales Identified by Deal Stripe
Early Black Friday bed frame deals for 2021 have landed, review all the top early Black Friday platform bed sales right here on this page BOSTON–(BUSINESS WIRE)–Here’s our guide to the best early bed frame deals for Black Friday 2021, t.....»»