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Business News

Location American Business News for 8 January 2022
Gold price today: MCX yellow metal rate at 2-month low. Should you buy now? Gold price has remained weak throughout this week as strong US bond yield contained any chances of rise in MCX gold rate, believe commodity market experts
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Saudi Arabia, United Arab Emirates, and Egypt together will have 85.8 million gamers generating $3.1 billion in games revenue by 2025.
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61% Of Americans Didn't Go To A Movie Theater Last Year, Poll Finds Adults who returned to movie theaters in 2021 only saw an average of 1.4 movies.
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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás provin...
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Elon Musk says Tesla is bumping up the price of its Full-Self Driving software to $12,000 this month The Tesla CEO tweeted Friday that the price of the company's Full-Self Driving software will be increased to $12,000 on January 17.
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Nancy Pelosi makes millions off tech stocks - and scoffs at push to ban congressional trades Late last month, the House Speaker disclosed that the Pelosis scooped up millions in bullish call options for stocks including Google, Salesforce, Micron Technology and Roblox.
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Some Google Employees Reportedly Get $0 Paycheck Due To Glitch Some Google employees' first paycheck of the year went entirely into their retirement accounts, Bloomberg said.
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Scientists Identify Coronavirus Strain In Cyprus That Blends Delta And Omicron A total of 25 cases of a strain dubbed "deltacron" have been found in that country.
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2021 has shown us how digital technologies can undermine what philosophers call future "human flourishing."
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JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing directo...
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Why Apple's iMessage Is Winning: Teens Dread the Green Text Bubble The iPhone maker cultivated iMessage as a must-have blue-bubble texting tool for teens. Android users trigger a just-a-little-less-cool green bubble: "Ew, that's gross."
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Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK...
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FAA Selects Airports for 5G Buffer Zones

Wall Street Journal - 8 Jan 2022 04:36
FAA Selects Airports for 5G Buffer Zones The zones aim to minimize flight disruptions by separating new wireless signals and aircraft.
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Streamers raised a lot of money for charities in 2021. They're apparently continuing to set their sights even higher.
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Amazon Shortens Paid Leave For U.S. Workers With Covid After CDC Changes Guidance Amazon is the latest major private employer in the U.S. to update its paid leave policy this week.
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Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlik...
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Solana Formally Acknowledges Problems With 'High Compute' Transactions Clogging the Network Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status of the network, as w...
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U.S. to Spend $10 Billion to Boost Small Businesses

Wall Street Journal - 8 Jan 2022 12:30
U.S. to Spend $10 Billion to Boost Small Businesses The Treasury Department program aims to rev up business in disadvantaged communities and spur a broader economic recovery.
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Restaurants Seek Aid as Omicron Threatens Another Hard Winter

Wall Street Journal - 8 Jan 2022 12:30
Restaurants Seek Aid as Omicron Threatens Another Hard Winter Small operators are lobbying Congress for fresh funding as renewed Covid-19 restrictions, supply challenges and staffing shortages lead to continuing high costs and debt.
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Myanmar was the most severely impacted nation. It lost an estimated $2.8 billion to internet shutdowns, according to Top10VPN.
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Could Virtual Placement Make Motorsport Advertising More Sustainable? Virtual advertising could negate the need for wasteful physical billboards at dynamic motorsport race events that just end up in landfill.
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The British company which has orchestrated a torrent of retail share placings for cash-strapped companies during the pandemic is in advanced talks to sell a big stake to the world's largest technology investor.
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