Business News
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
Bitcoin.com - 17 Jun 2021 04:30
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflat...
Restaurant chain CEO ignores owner Leon Black's link to Jeffrey Epstein in memo
New York Post - 17 Jun 2021 04:23
Leon Black happens to be the owner of both family-dining chains through his investment firm, Elysium Management.
General Motors CEO: 'Nothing Precludes GM From Accepting Bitcoin if There's Consumer Demand'
Bitcoin.com - 17 Jun 2021 01:30
The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownersh...
SEC Seeks Commentary From 'Interested' Individuals on Vaneck Bitcoin ETF
Bitcoin.com - 17 Jun 2021 22:00
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published o...
Fans Are Your Brand's Greatest Asset If You Can Spark an Emotional Connection
AdWeek - 17 Jun 2021 18:09
Editor's note: This piece is part of our Columnist Network series, which explores the tactical thoughts and actions from Adweek's community of high-level experts. Today, Christina Wootton of Roblox describes the success ...
Graph database platform Neo4j raises $325M to inform decision-making
Venture Beat - 17 Jun 2021 18:00
Graph database startup Neo4j raised $320 million at an over $2 billion valuation, highlighting the value of graph databases.
Exclusive: In The Know Signs Elaine Welteroth As Consulting Editor-At-Large, Launches Digital Covers Starring Mj Rodriguez And Chella Man
Forbes - 17 Jun 2021 16:02With a New Shoe and Creative Overhaul, Toms Is Chasing After Gen Z
AdWeek - 17 Jun 2021 15:00
If you are a millennial that spends any time on TikTok, you may have been told by a Gen-Zer to ditch the deep side part, replace your skinny jeans with straight-leg denim and get rid of any T-shirt that says, "But First,...
UK tech titan backs Wise decision on dual-class shares
Sky News - 17 Jun 2021 14:59
Britain's most prominent institutional investor in the world's biggest technology companies has endorsed a decision by the founders of Wise, the fintech app, to pursue a public listing which will give them super-sized vo...
TikTok Owner Bytedance Reportedly Raked In $34.3 Billion In Revenue Last Year
Forbes - 17 Jun 2021 14:00Cryptoassets: Fears that investors are taking too many risks
BBC - 17 Jun 2021 13:48
A shrinking proportion of buyers see it as a gamble, but the regulator warns they could lose the lot.
Scotch whisky makers toast five-year suspension of US tariffs
The Guardian - 17 Jun 2021 13:40
UK and US agree to suspend retaliatory tariffs on goods also including cashmere and stilton Whisky makers are raising a glass after the UK and US agreed to suspend retaliatory tariffs on goods including Scottish malts fo...
UK and US announce deal after Boeing-Airbus truce
BBC - 17 Jun 2021 13:12
The agreement means tariffs on goods, such as Scotch whisky, will remain suspended for five years.
: Why inflation could create a 'giant wealth transfer' from lenders to borrowers
Market Watch - 17 Jun 2021 06:03
There's one group of borrowers that can count themselves as 'lucky' during periods of inflation.
Billionaire Richard Li's FWD Files For $3 Billion IPO In U.S.
Forbes - 17 Jun 2021 05:00How To Build Your Business Around Your Life
Forbes - 17 Jun 2021 04:25Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
Bitcoin.com - 17 Jun 2021 03:00
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimisti...
Head of South Korean Opposition Party Admits Crypto Trading Experience
Crypto News - 17 Jun 2021 03:00
Lee Jun-seok. Another major political leader has come out as a crypto enthusiast - as the new leader of the biggest South Korean opposition party has admitted to trading tokens "for fun." Lee Jun-seok, aged just 36, stun...
Television prices likely to rise 3-4% in June: Industry players
livemint.com - 17 Jun 2021 02:49
It will be the second hike by the manufacturers in the last three months.In April, the prices were hiked due to a rise in operating cost on account of increased ocean freight charges, and domestic transportation costs
Cybereason: 80% of orgs that paid the ransom were hit again
Venture Beat - 17 Jun 2021 02:40
The aftermath of a ransomware attack is costly, with 65% of organizations hit by an attack reporting revenue loss, Cybereason said.