Google Finance now has a dedicated “crypto” field for bitcoin, ether, litecoin and bitcoin cash. CoinDesk reports: Right at the top of the page, where users can “compare markets,” crypto is listed among the five default markets, which also includes U.S., Europe, Asia and “Currencies.” At the moment, it appears Google Finance only tracks a limited number of cryptocurrencies. Bitcoin, ethereum,…
Tag: finance
Vast Energy Use of Bitcoin Criticized
The University of Cambridge Centre for Alternative Finance has calculated that Bitcoin’s total energy consumption is somewhere between 40 and 445 terawatt hours (TWh) a year, with a central estimate of about 130 terawatt hours, reports the BBC: The UK’s electricity consumption is a little over 300 TWh a year, while Argentina uses around the same amount of power as the…
US Drops Digital Tax Demand, Opening Door To Global Deal
The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet’s Google and Facebook, lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. From a report: Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the U.S. is no longer…
Twitter Has Studied Using Bitcoin, CFO Says
Twitter’s finance chief said the social-media company has thought about how it might pay employees or vendors using the popular cryptocurrency bitcoin. From a report: Chief Financial Officer Ned Segal, in speaking Wednesday with Andrew Ross Sorkin on CNBC’s “Squawk Box,” said the company continues to review potential uses of the digital currency. “We’ve done a lot of the upfront thinking…
Wall Street Fund Wants To Hire r/WallStreetBets Users To Help Pick Meme Stocks
An anonymous reader quotes a report from Gizmodo: Cindicator Capital is the kind of investment fund that relies on software and algorithms to model investment strategies based on any number of disparate factors. In the wake of the WallStreetBets subreddit throwing hedge funds into chaos and driving stock prices to non-sensical extremes, Cindicator has posted a job listing on LinkedIn hoping…
How Bravin took on the challenge to upskill and pave a new career path
Meet Bravin, a passionate learner from Kenya who decided to enroll in the Coursera Workforce Recovery Initiative. During a challenging time of unemployment, Bravin was determined to make the most of his time to upskill and prepare for re-entry into the workforce. See how he’s using his new skills and knowledge to pave a new […]
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Get inspiration and advice from Paulina’s story—and see how she’s using AI to improve healthcare in Ghana!
Meet Paulina, a final-year medical student exploring how artificial intelligence (AI) can be used to solve healthcare delivery problems in West Africa. Read on to see how she’s using what she’s learned from her courses to not only expand educational opportunities in her community, but tackle community health projects through programming and data analysis. I […]
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AOC, Ted Cruz Slam Robinhood for Freezing Some Trades Amid GameStop Volatility
With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. Reddit wasn’t happy — and neither are some lawmakers. From a report:The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out the company. Rep. Rashida…
Discord Bans the r/WallStreetBets Server As Subreddit Goes Private
According to The Verge, Discord has banned the r/WallStreetBets server for allowing “hateful and discriminatory content after repeated warnings.” It did not ban the server for financial fraud. We have also learned that Reddit’s WallStreetBets subreddit has been set to private. Here is Discord’s full statement: The server has been on our Trust & Safety team’s radar for some time due…
BP Slashes Its Oil Exploration Team by 85%, Starts Switching to Renewables
Reuters reports on big changes at BP (the company formerly known as British Petroleum):
Its geologists, engineers and scientists have been cut to less than 100 from a peak of more than 700 a few years ago, company sources told Reuters, part of a climate change-driven overhaul triggered last year by CEO Bernard Looney. “The winds have turned very chilly in the…