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: markets
Reddit CEO Says Platform Doesn’t Plan To Ban Pornography
Reddit CEO Steve Huffman said in an interview that the company supports pornography on its platform, as long as it’s not exploitative. From a report: “You can look at [porn] as exploitative. And, indeed, much of it is. And that’s not the content that we want on Reddit,” Huffman told Axios. “But there’s another aspect that’s empowering. And these are people…
Spotify Expands To 80 New Markets, Targeting 1 Billion Customers
Spotify is introducing its audio service in 80 markets across Asia, Africa and the Caribbean in coming days, expanding the company’s potential market by some 1 billion people. From a report: The steps announced Monday will nearly double Spotify’s geographic footprint and add regions where streaming music is in its infancy. The company already operates in 93 countries or territories. Spotify…
Spotify HiFi is a Lossless Streaming Tier Coming Later this Year
An anonymous reader share a report: Spotify is going hi-fi. Well, “HiFi.” It’s taken longer than competitors like Tidal and Amazon Music, but today, the leading subscription music service announced a new lossless streaming tier that will allow listeners to get the most from their digital music library. The news came at the company’s Spotify “Stream On” virtual event. Spotify HiFi…
Americans Are Consuming More Foreign Content than Ever
Content from abroad is boosting its share of the American entertainment diet, thanks in large part to streaming, the pandemic and the creator economy. From a report: “As ‘American exceptionalism’ has become less of a truth geopolitically, the same goes for entertainment,” says Brad Grossman, founder and CEO of ZEITGUIDE. The U.S. demand share for non-U.S. content was higher each quarter…
Sennheiser Says It’s Open To Selling Its Consumer Audio Business
Sennheiser announced on Tuesday it’s looking for a new partner to buy its consumer audio business, which consists of headphones and soundbars. From a report: It’s going to shift its focus entirely to professional audio, including its Neumann microphone division and what Sennheiser calls business communications. In a press release, Sennheiser says it wants to increase visibility in the competitive headphone…
WHO Team Member to New York Times: What We Learned in China
Peter Daszak is part of the World Health Organization’s 14-member team investigating the origins of the coronavirus. This weekend on Twitter he described “explaining key findings of our exhausting month-long work in China” to journalists — only to see team members “selectively misquoted to fit a narrative that was prescribed before the work began.” Daszak was responding to a New York…
Apple Should Create Crypto Exchange and Buy Bitcoin, Says RBC
RBC Capital Markets says Apple should follow in Tesla’s footsteps by getting into cryptocurrencies. Bloomberg reports: The iPhone maker could create a sizable new market for growth if it were to develop its Apple Wallet into a crypto exchange, said analyst Mitch Steves. “The wallet initiative appears to be a clear multi-billion dollar opportunity for the firm (potential for well over…
GameStop, AMC Experienced Their Worst Weeks Ever. Robinhood Lifts Purchasing Limits
“Even with Friday’s bounce, GameStop Corp. wrapped up its worst week on record as a stunning reversal of fortune wiped out $18 billion from the video-game retailer’s stock-market value,” reports Bloomberg: The stock fell 80% in the last five days, its worst weekly performance on record, to $63.77 in New York. The 19% gain on Friday after Robinhood Markets removed buying…
Britain is Cracking Down on the $3.7 Billion ‘Buy Now, Pay Later’ Industry
Popular “buy now, pay later” shopping services like Klarna will face stricter regulation under proposals announced by the U.K. government Tuesday. From a report: The Treasury said buy now, pay later (BNPL) firms would come under the supervision of the Financial Conduct Authority (FCA), which regulates financial services firms and markets in Britain. Such firms will be required to conduct affordability…