• Facebook is reportedly thinking about launching its own cryptocurrency
Facebook is reportedly thinking about launching its own cryptocurrency

However, if it turns out to be true, it could mean a big change for Facebook as a company and its users. Recode first reported the creation of Facebook's blockchain team earlier this week. According to a report from Cheddar , Facebook will be the latest company to develop a virtual coin . Companies often shuffle executives to work on differen...

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  • Gamestop CEO Resigns After Only Three Months On The Job, Shares Drop
Gamestop CEO Resigns After Only Three Months On The Job, Shares Drop

GameStop's investor relations team replied quickly to an email requesting more information about Mauler's departure, plans for future communications to investors, and a potential search for a permanent replacement, though saying only that no additional communications were now planned.

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  • FCC Sets June 11 Net Neutrality Repeal, Senate To Vote
FCC Sets June 11 Net Neutrality Repeal, Senate To Vote

Pai says the controversial move will return the regulation of Internet service providers "to the bipartisan , light-touch approach that fostered rapid Internet growth, openness, and freedom for almost 20 years". Senate Democrats filed a petition this week to force a vote on Sen. Ed Markey (D-MA) and others are trying to restore net neutrality...

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  • Robinhood Raises $363M in Series D Funding
Robinhood Raises $363M in Series D Funding

Commission-free investing app Robinhood has officially raised its latest round of funding, bringing in $363 million at a $5.6 billion valuation. The round also saw participation from Sequoia Capital which invested in Facebook Inc's (FB.O) WhatsApp, Iconiq, Capital G and KPCB.

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  • Starbucks changes bathroom policy following racial firestorm
Starbucks changes bathroom policy following racial firestorm

He and his business partner were arrested minutes later. The incident was captured by people using cell phones and it went viral. Starbucks has since apologized to the men and announced plans for extra racial bias training for its employees.

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  • AT&T AT&T admits 'big mistake' in hiring Trump fixer Michael Cohen
AT&T AT&T admits 'big mistake' in hiring Trump fixer Michael Cohen

Quinn did not respond to a request for comment. "There is no other way to say it - AT&T hiring Michael Cohen as a political consultant was a big mistake". Rudy Giuliani, a lawyer for Trump , said Wednesday that the president was unaware of Cohen's consulting agreements. Months earlier, Trump had come out strongly against the proposed merger ...

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  • Deere & Company (DE) is better stock pick than NVIDIA Corporation (NVDA)
Deere & Company (DE) is better stock pick than NVIDIA Corporation (NVDA)

A moving average is the average price of a contract over the previous n-period closes. More notable recent NVIDIA Corporation ( NASDAQ : NVDA ) news were published by: Benzinga.com which released: "Wall Street Reacts To Nvidia's Quarter" on May 11, 2018, also Seekingalpha.com with their article: "Nvidia Or Xilinx: Which Is A Better Chipmake...

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  • Npower announces 5.3% price rise
Npower announces 5.3% price rise

Citizens Advice chief executive Gillian Guy said: "At a time when many energy customers are struggling with their bills, this price rise will be hard to stomach for the approximately one million customers affected". The CMA had found after an initial inquiry that it could reduce competition, potentially leading to higher prices, and that the compan...

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  • Symantec -13.2% on Q4 beats, downside guides, internal investigation
Symantec -13.2% on Q4 beats, downside guides, internal investigation

Shares are down $8.68, to $20.60. Barclays lowered shares of Symantec from an "overweight" rating to an "equal weight" rating in a research note on Friday. Another trade for 51,899 shs valued at $1.38M was sold by Rosch Francis C. It unlocked massive gains for Symantec puts, which convey the right to sell shares at a fixed price in the future.

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  • Barclays boss Jes Staley fined £642430 for trying to unmask whistleblower
Barclays boss Jes Staley fined £642430 for trying to unmask whistleblower

British regulators said Staley cooperated with their investigations and therefore qualified for a 30 percent discount on a fine that otherwise would have been upwards of £900,000. The regulators said Barclays will need to provide annual updates on its policies for handling whistleblowing. Tracking down the whistleblower became a transatlantic eff...

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  • Elon Musk Says LA Test Tunnel Nearly Done
Elon Musk Says LA Test Tunnel Nearly Done

Musk also thanked everyone who supported him throughout the project including the public, elected officials and regulators. The executive says Boring Co is already started on its East Coast route from Washington DC to NY. Musk has said that the demo system rides will be free, with the full service tickets costing less than a bus ticket. Godot , ...

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  • Jobless rate drops as local employment picture brightens
Jobless rate drops as local employment picture brightens

The decline of 1,100 jobs reported by Statistics Canada on Friday was well short of economists' forecasts for an increase of 17,400. Because the labour force in Ottawa grew comparatively slowly, the jobless rate there fell sharply to 4.2 per cent from 4.9 per cent in March.

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  • AT&T CEO calls hiring of Michael Cohen a
AT&T CEO calls hiring of Michael Cohen a "big mistake"

The New York Times reported last week that Vekselberg was questioned by United States agents this year as part of Special Counsel Robert Mueller's investigation into Russian interference and possible collusion by Trump's campaign. A source with knowledge of the matter told CNN on Thursday that AT&T actually paid Cohen $600,000 over the course of...

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  • 145 million Social Security numbers, 99 million addresses and more
145 million Social Security numbers, 99 million addresses and more

Furthermore, 27.3 million people had their gender exposed, 20.3 million had their phone number exposed, and 1.8 million people had their email addresses exposed. These numbers only detail U.S. residents affected by the breach, even though Equifax noted that people in the United Kingdom and Canada were also affected.

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  • Oil jumps after U.S. abandons Iran deal, plans 'highest level' sanctions
Oil jumps after U.S. abandons Iran deal, plans 'highest level' sanctions

But he pointed out that significant re-ratings of O&G-related stocks will come only after institutional investors return to the sector. This is unlikely to happen this time around as the U.S. Niels Christensen: Countries in the Far East, we see Japan, South Korea is the main buyer of Iranian oil and in those countries there's also already indicate...

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  • Junk Food Ads to Be Banned from Public Transport All Over London
Junk Food Ads to Be Banned from Public Transport All Over London

Ads for food and drinks high in fat , salt or sugar (HFSS) are facing off a ban across London's tube and bus network under a new proposal from the city's mayor Sadiq Khan . Child health experts are in favour of the ban, however the Advertising Association said the plans would have "little impact". In a statement , the Mayor's office argu...

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  • Morrisons hails healthy sales growth
Morrisons hails healthy sales growth

The two stores combined would boast a strong portfolio of around 2,800 stores, totalling around 30% of the United Kingdom grocery market. David Potts, chief executive, said: "We are pleased to have made a strong start to the year, again becoming more competitive for customers while delivering growth on growth".

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  • Boston Dynamics took the leashes off its robots Atlas and SpotMini
Boston Dynamics took the leashes off its robots Atlas and SpotMini

SpotMini was then able to use this digital map and its onboard cameras to navigate through the office on its own, successfully dodging obstacles along the way. "In a few years, that bot will move so fast you'll need a strobe light to see it". Thanks to the hard work of the engineers of the famous company Boston Dynamics , the Atlas robot cannot o...

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  • Korea's Biggest Crypto Exchange Raided Over Suspected Fraud
Korea's Biggest Crypto Exchange Raided Over Suspected Fraud

Volume on local exchanges soared at the end of previous year, with Bitcoin and other tokens fetching large premiums in the country relative to global markets. At the time, there has been nothing from the Upbit side as its representative said they can't answer anything about the seizure. In March of this year, local authorities announced an invest...

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  • Nine Inch Nails are selling tour tickets at box office only
Nine Inch Nails are selling tour tickets at box office only

Nine Inch Nails are looking for a way around the problem, with a solution that they think will "still suck", but just suck in a slightly different way. According to the band, it's "an attempt to get tickets directly into the hands of fans instead of resellers". "Everything about the process sucks and everyone loses except the reseller".

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  • Where now for oil as Trump abandons Iran deal?
Where now for oil as Trump abandons Iran deal?

And if South Korea does not find some sort of common ground with the United States, it risks exacerbating a point of friction between two partners that can not afford to be out of lockstep in the messages - both explicit and implicit - being sent in a critical period to Pyongyang.

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  • Bank of England's Carney: rates likely to rise over the next year
Bank of England's Carney: rates likely to rise over the next year

While the subdued first quarter outturn signified that the full-year growth estimates was lowered, unchanged forecasts for 2019 and 2010 meant that the central bank's broader views on the economy were left intact, stated Lloyds Bank. But the chances of that happening sooner rather than later has receded. Minutes of the meeting showed that most ...

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  • Nvidia (NVDA) Announces Quarterly Earnings Results
Nvidia (NVDA) Announces Quarterly Earnings Results

In terms of guidance, Nvidia expects Q2 revenue of $3.1 billion, plus or minus two percent, above market estimates for $2.95 billion in revenue. The company maintains price to book ratio of 0.87 vs.an industry average at 2.58. The shares were sold at an average price of $227.93, for a total value of $3,944,784.51. Prudential Financial Inc. now owns...

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  • City appeals two National Energy Board decisions on Trans Mountain pipeline
City appeals two National Energy Board decisions on Trans Mountain pipeline

He wants the B.C. Court of Appeal to rule on whether the province has the authority to regulate the flow of oil through Trans Mountain. "If British Columbia attains the right to throttle our resources, every other province will be given the same right", Notley said.

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  • FCC Drops $120M Fine on 'Kingpin of Robocalling'
FCC Drops $120M Fine on 'Kingpin of Robocalling'

Over a three-month period, the FCC says that Abramovich made almost 100 million spoofed robocalls. He denied engaging in "fraudulent activities" and said "it was always my intent with the FCC to negotiate toward an appropriate fine within my ability to pay such an amount".

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