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“# Binance CEO says volatility ‘is not unique to crypto’: Data shows it’s Bitcoin’s jet fuel ” During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) “is probably less volatile” than the stock prices of Apple (AAPL) and Tesla (TSLA). Zhao argued that crypto’s volatility was not…
“#EU accuses Apple of antitrust breach following Spotify complaint” European Union regulators accused Apple on Friday of violating the bloc’s antitrust laws, alleging the iPhone maker distorts competition for music streaming by imposing unfair rules for rival services in its App Store. The EU’s executive Commission said it objected to Apple’s rules for music streaming…
“#Attention web giants: ‘Recess is over’” This story by Alec Castonguay first appeared in L’actualité and has been translated from French It’s the dead of night when Steven Guilbeault’s alarm clock wakes him up. He jumps into the shower, puts on a blue suit, adjusts his grey tie—even though he hates wearing them—and reviews his notes…
“#Apple and Facebook deliver strong earnings in boon to markets” Apple and Facebook delivered on blowout earnings Wednesday evening, giving US markets a lift into the back half of the busiest earnings week of the quarter. Apple said sales jumped 54% during its fiscal second quarter, with each product category seeing double-digit growth. The company…
“# Binance could face heavy fines over stock tokens warns German regulator ” Binance’s attempts to bridge traditional markets with the cryptocurrency space in the form of fractionalized stock tokens has drawn the attention of Germany’s financial regulator. The Federal Financial Supervisory Authority (BaFin) warned on Wednesday that the world’s largest cryptocurrency exchange could face…
“#Apple’s sales and profits surge amid soaring demand for iPhones, Macs” Apple on Wednesday posted sales and profits far ahead of Wall Street expectations and announced a $90 billion share buyback as customers continued to upgrade to 5G iPhones and snapped up new Mac models with Apple’s house-designed processor chips. Sales to China nearly doubled and results…
“#Spotify takes on Apple with new podcast subscription platform” A battle over podcasting is brewing between Spotify and Apple — and the Swedish streaming giant just launched the latest salvo. Spotify said Tuesday that it is launching a new subscriber-only platform for podcasts, and said it will be more lucrative for creators than the platform…
“#Letters to the Editor — April 25, 2021” A better fix for DC Claims that the residents of Washington, DC, have no real representation are real and can be easily solved, but Democratic leadership will never go for it (“Biden WH wants a 51st star,” April 21). I propose the creation of a smaller capital…
“#Apple Lawsuit Over Misleading Consumers On What they “Buy” – /Film” Many an Apple consumer has had a rude awakening when they’ve discovered that their iTunes movie or TV purchases had suddenly disappeared. Owing to licensing issues or regional rights, Apple could delete previous purchases from a user’s library without warning. Naturally, this has earned…
“#Foxconn drastically downsizes plans for Wisconsin facility” Foxconn — the Taiwan-based manufacturing giant that cranks out Apple’s iPhones among other popular gadgets — is drastically scaling back a planned $10 billion factory in Wisconsin. Under a deal with the state of Wisconsin announced on Tuesday, Foxconn will slash its planned investment in the facility —…