Bitcoin is slipping after a study finds signs its 2017 bull run was driven by market manipulation
Business Insider, 13 June at 16:32
Bitcoin fell 2% on Wednesday after a new academic paper was published claiming bitcoin's price run to December was driven by manipulation. The University of Texas at Austin paper says the exchange Bitfinex may have used Tether, a cryptocurrency it is ...
Bitcoin Extends Its Decline
Xiaomi wants to raise over $6 billion in Hong Kong IPO
CNNMoney, 23 June at 07:06
Xiaomi, one of the world's leading smartphone makers, is hoping to raise more than $6 billion by selling shares for a stock market listing in Hong Kong next month. The Chinese tech firm announced the planned value of the listing Saturday. It's less
Why OPEC's new supply deal will add little oil to markets
Reuters, 23 June at 07:06
LONDON/VIENNA (Reuters) - The Organization of the Petroleum Exporting Countries agreed in principle on Friday to raise output enough to match a production target it introduced at the beginning of 2017, but which it has undershot ever since. FILE PHOTO: ...
Legendary astronaut Buzz Aldrin sues family alleging fraud
Florida Today, 23 June at 03:15
In 2017, astronaut Buzz Aldrin became the oldest person to fly with the Air Force Thunderbirds during the Melbourne Air and Space Show at Orlando Melbourne International Airport. Video by Wayne Price, FLORIDA TODAY. FLORIDA TODAY.
Netflix Fires Chief Communications Officer Over Use of Racial Slur
New York Times, 23 June at 02:58
Jonathan Friedland, the chief communications officer of Netflix, left, and Reed Hastings, the company's chief executive. Mr. Hastings fired Mr. Friedland on Friday over his use of a racial epithet at least twice in the workplace, according to a company
Trump threatens tariffs on European auto imports in escalation of trade dispute
Los Angeles Times, 23 June at 02:47
President Trump on Friday reiterated his threat to place a hefty tariff on automobiles imported from the European Union if the trading bloc doesn't remove tariffs placed on a variety of U.S. products as part of an escalating trade war he triggered
Netflix CEO Reed Hastings Admits He “Minimized” N-Word Use By PR Chief
Yahoo Finance, 23 June at 02:38
Today's firing of Netflix communications chief Jonathan Friedland should have come earlier, Reed Hastings almost begrudgingly admitted to the streaming service's staff on Friday. “I realize that my privilege has made me intellectualize or otherwise
Netflix CEO Fires Top Executive After Use of Racial Slur
Wall Street Journal, 23 June at 02:16
Netflix Inc. NFLX -1.05% Chief Executive Reed Hastings said he fired his chief communications officer after he used a racial slur in his conversations at work on multiple occasions, an episode that has created a moment of introspection at the streaming ...
Amazon Employees Want Jeff Bezos to Stop Selling Rekognition to Law Enforcement, According to Report
Fortune, 23 June at 01:39
Amazon employees are asking CEO Jeff Bezos to stop selling Rekognition facial recognition technology to law enforcement, and to kick the data mining company Palantir from Amazon Web Services, according from a report from Gizmodo. In the letter ...
Netflix Fires PR Chief After Use of N-Word in Meeting (Exclusive)
Hollywood Reporter, 23 June at 00:06
In lengthy internal memo, CEO Reed Hastings addressed letting go top communications executive Jonathan Friedland: "His descriptive use of the N-word on at least two occasions at work showed unacceptably low racial awareness and sensitivity." Netflix is ...
Let's Relive the '70s and Pretend OPEC Still Matters
Bloomberg, 22 June at 23:38
Today was one of those days when it's easy to get fooled into thinking OPEC still matters. I mean, it matters a little: It made oil prices jump 5 percent today simply by hinting at less of a boost in oil output than the market feared. But come on, a 5
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