Robert J. Shapiro advised senior members of the Obama administration on economic policy, and served as an Under Secretary of Commerce under Bill Clinton. Now a senior fellow at the McDonough School of Business at Georgetown, he’s suspicious of the surge in GameStop’s stock price:
Allegedly, this is the tale of scrappy, small online day traders buying shares of a beleaguered company…
Tag: trade
Accused Murderer Wins Right To Check Source Code of DNA Testing Kit
“A New Jersey appeals court has ruled that a man accused of murder is entitled to review proprietary genetic testing software to challenge evidence presented against him,” reports The Register. Long-time Slashdot reader couchslug shared their report: The maker of the software, Cybergenetics, has insisted in lower court proceedings that the program’s source code is a trade secret. The co-founder of…
Biden Commerce Pick Sees ‘No Reason’ To Lift Huawei Curbs
President Joe Biden’s nominee for Commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei and other Chinese companies shouldn’t remain on a restricted trade list. From a report: Raimondo, in written questions from Senate Republicans, was asked about the company, as well as Semiconductor Manufacturing International Corp., Hangzhou Hikvision Digital Technology Co. and others. They are on a…
Wall Street Is Keeping Very Close Tabs On WallStreetBets
Registered Coward v2 writes: Wall Street has decided if you can’t beat them, at least watch them. They’re paying for data that shows which stocks are most talked about on Reddit stock forums, ostensibly to allow them to adjust their positions or take advantage of opportunities to trade based on Reddit. Nothing could go wrong there, since Reddit would decide to…
How to be an expert: What does it really take to master your trade?
We are relying on specialist knowledge to guide us through the coronavirus pandemic – so it is more important than ever to grasp what expertise is and where it comes from, says Roger Kneebone, author of a new book on the subject Source: https://www.newscientist.com/article/mg24933200-300-how-to-be-an-expert-what-does-it-really-take-to-master-your-trade/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…
Corporate Trolls? A Covert, Pro-Huawei Influence Campaign on Social Media
“Huawei, the crown jewel of China’s technology industry, has suffered from a sustained American campaign to keep its equipment from being used in new 5G networks around the world,” reports the New York Times. Now they’ve identified “a covert pro-Huawei influence campaign in Belgium about 5G networks.” [Alternate URL here] It began when trade lawyer Edwin Vermulst was paid to write…
Surround Sound From Lightweight Roll-To-Roll Printed Loudspeaker Paper
“Researchers from the fields of print media technology, chemistry, physics, acoustics, electrical engineering, and economics from six nations developed a continuous, highly productive, and reliable roll production of loudspeaker webs,” reports project manager Georg C. Schmidt. [For those unfamiliar with roll-to-roll processing, it is the process of creating electronic devices on a roll of flexible plastic or metal foil, which, among…
SEC To Review Brokers’ Restrictions on GameStop, AMC Trading
Securities regulators said Friday they plan to closely review the actions of some brokerage firms [Editor’s note: the link may be paywalled; alternative source] that restricted investors’ ability to trade volatile stocks such as GameStop this week. From a report: The Securities and Exchange Commission’s statement on Friday is the clearest indication yet that regulators are examining potential misconduct around the…
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…
Hacker Leaks Data of 2.28 Million Dating Site Users
An anonymous reader quotes a report from ZDNet: A well-known hacker has leaked the details of more than 2.28 million users registered on MeetMindful.com, a dating website founded in 2014, ZDNet has learned this week from a security researcher. The dating site’s data has been shared as a free download on a publicly accessible hacking forum known for its trade in…