‘Squid Game’ cryptocurrency skyrockets 40,000 percent in first week
By Feuer The price of a new cryptocurrency inspired by the hit Netflix series “Squid Game” has skyrocketed 40,000 percent in just its first few days of trading. As of …
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Spotify CEO says COVID slump ‘behind us’ as podcasts fuel ad rebound
By Steigrad Music streaming giant Spotify said it continued to grow its subscriber base and advertising revenue thanks to podcasts in the third quarter, as the effects of the pandemic …
Read MoreNorah O’Donnell in danger of losing anchor spot at ‘CBS Evening News’
By Steigrad Norah O’Donnell is in danger of losing the top spot at “CBS Evening News,” as cost-slashing execs at the broadcasting giant quietly search for her replacement amid sagging …
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Snapchat stock tanks as company blames Apple for revenue hit
By Feuer Shares of Snapchat’s parent company tanked as much as 27 percent after the social media firm reported lower-than-expected revenue on Thursday, blaming the miss on changes Apple made …
Read MoreDave Chappelle fans clash with trans-rights protesters at Netflix rally
By Steigrad Transgender-rights activists squared off against Dave Chappelle fans and free-speech advocates at a tense rally outside Netflix’s California offices on Wednesday, the latest fallout from the comedian’s controversial …
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Goldman CEO David Solomon beats ‘back-to-office’ drum – from LA
By Moynihan Goldman Sachs Chief Executive David Solomon was beating the “back-to-the-office” drum again this week – this time from a conference in Los Angeles. The Goldman honcho said an …
Read MoreNASA launches Lucy to explore Jupiter, gives nod to Beatles
By Calder NASA on Saturday launched a space probe named Lucy on a 12-year mission to explore Jupiter’s so-called Trojan asteroids and potentially find new clues of how the solar …
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Apple accused of censoring Quran app at request of Chinese government
By Wayt Apple has removed a popular Quran app from its Chinese app store at the behest of state censors, according to the company behind the app. Quran Majeed – …
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Amazon ripped off sellers, rigged search results to favor its own brands: report
By Wayt Amazon ripped off its third-party sellers’ products and rigged search results to favor its own products – even as Jeff Bezos told Congress under oath that the company …
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Facebook banned developer who made an app to let users limit news feed
By Feuer A developer who created a browser extension that helps Facebook users spend less time on the site claims he has now been banned from the social media platform …
Read MoreSEC reportedly investigating Archegos Capital
By Elisa The Securities and Exchange Commission is investigating Archegos Capital Management, the family office run by Bill Hwang that defaulted on margin calls earlier this year, Bloomberg News reported on Friday, …
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Senators skewer Facebook exec over Instagram’s impact on kids
By Wayt Senators slammed Facebook in a contentious hearing with its safety chief on Thursday, blasting the company over leaked research showing that Instagram can make body issues worse for …
Read MoreApple’s streaming service had fewer than 20M subs in July, show biz union says
By Alexandra Apple claimed that its streaming service, AppleTV+ logged less than 20 million subscribers in the US and Canada as of July, according to the International Alliance of Theatrical …
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Uber to provide pension plans for UK drivers
By Elisa Uber said it would start rolling out its pension plan to all eligible drivers in the United Kingdom, months after the ride-hailing service granted workers’ rights to its …
Read MoreVolvo cars to be ‘vegan friendly’ and leather-free by 2030
By Elisa Swedish carmaker Volvo said that its vehicle range will go leather-free or ‘vegan-friendly’ by 2030, offering instead bio-based and recycled materials to a customer base that increasingly wants …
Read MoreApple bars ‘Fortnite’ from App Store, Epic Games CEO Tim Sweeney says
By Elisa Epic Games Chief Executive Officer Tim Sweeney said on Wednesday Apple informed the “Fortnite” owner that the video game will be blacklisted from the iPhone maker’s popular App Store for …
Read MoreGM extends Chevrolet Bolt production pause amid fire concerns
By Elisa General Motors said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October in the aftermath of a new recall of its Chevrolet Bolt electric vehicles …
Read MoreAMC will let people buy movie tickets with cryptocurrencies
By Alexandra AMC, the world’s largest cinema chain, said it plans to accept a range of cryptocurrencies including Bitcoin for movie-ticket and concession purchases. AMC boss Adam Aron broke the …
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Amazon to spend $1.2 billion on college tuition, schooling for workers
By Elisa Amazon will fully fund college tuition for over 750,000 of its frontline employees, the e-commerce giant said on Thursday, stepping up its efforts to attract and retain workers …
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Ford nabs Apple’s car project executive Doug Field
By Elisa The head of Apple’s car project, Doug Field, is going to work for Ford to lead the automaker’s advanced technology and embedded systems efforts, a hiring coup for …
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