Wednesday, April 21

Business

European Super League: All six Premier League teams withdraw from competition
Business

European Super League: All six Premier League teams withdraw from competition

Chelsea fans protested against their involvement in the European Super League outside Stamford BridgeAll six Premier League teams involved in the European Super League (ESL) have now withdrawn from the competition.Manchester City were the first club to pull out after Chelsea had signalled their intent to do so by preparing documentation to withdraw.The other four sides - Arsenal, Liverpool, Manchester United and Tottenham - have all now followed suit.Italian side Inter Milan are also set to withdraw as they no longer wish to be involved with the project.BBC Sport understands bosses at the Serie A club are preparing for their exit following Tuesday night's dramatic developments.The 12-team Super League, set up by the seven afore-mentioned teams and Spain's Atletico Madrid, Barcelona and ...
Business

S&P 500 futures fall slightly in overnight trading, Netflix shares tank

Traders on the New York Stock Exchange.Source: NYSEStock futures fell slightly in overnight trading Tuesday amid a sharp decline in Netflix shares, pointing to a third straight negative day on Wall Street.S&P 500 futures dipped 0.1% and Nasdaq 100 futures fell 0.4%. Futures on the Dow Jones Industrial Average traded near the flat line.Netflix shares plunged about 9% in extended trading after the streaming giant reported subscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. Netflix posted better-than-expected earnings for the first quarter, however.Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tue...
Business

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Bank of England to consider digital money plan
Business

Bank of England to consider digital money plan

It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be limited appeal for the fans of crypto, who invest precisely because of their scepticism about central banks. Source link
Business

Bitcoin takes a breather before the next move higher

Yuriko Nakao | Getty ImagesBitcoin's big swing in prices over the weekend likely set the stage for a period of consolidation before the cryptocurrency can make another move higher.The digital currency lost as much as 15% over the weekend, and rival coins like ethereum also fell. Bitcoin traded around $55,970 at 4 p.m. ET. Some crypto-linked equities were lower. Coinbase lost nearly 2.6%. Meanwhile, Voyager Digital lost 9.6%, and Marathon Digital Holdings lost 8.7%."There's been a lot of rumors and speculation about what pushed the market down over the weekend. To me, it's boiled down to excess leverage within the system," said Leeor Shimron, Fundstrat vice president of digital asset strategy. "We've seen it over the last couple of weeks, especially in bitcoin, but it spilled into other ...
Business

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LoginnavigationlogoCombined ShapeSubscribeSubscribeFollow:SubscribeFollow:logo404 Page Not FoundWe're sorry for any inconvenience.We can't find the page you're looking for.Top StoriesPrivacy policyNotice of collectiondo not sell my dataAd vendor policyterms of useAdvertisehelp Centersitemap COPYRIGHT 2021 MANSUETO VENTURES Source link
Business

Bitcoin tumbles from recent high as cryptocurrencies take weekend hit

The price of bitcoin tumbled over the weekend and was down as much as 19.5% from record highs posted by the popular cryptocurrency in the past week.Bitcoin dropped as low as $52,148.98 on Sunday morning after reaching an all-time high above $64,800 on Wednesday, according to CoinDesk. It was last trading just over $55,795.Other cryptocurrencies, including ether and dogecoin, also took a hit over the weekend. The price of ether, the second-biggest token by market value, dropped as much as 18% and fell below $2,000 on Sunday before more recently trading at over $2,150. The token had also recently hit record highs, topping $2,500 on Thursday.Meanwhile, dogecoin, which soared more than 400% at one point last week and hit an all-time high of 45 cents, dropped as low as 24 cents this weekend....
Steve Jobs Never Turned Off His iPhone Except For This One Reason. You Should Too
Business

Steve Jobs Never Turned Off His iPhone Except For This One Reason. You Should Too

In a new book from Steve Jobs' former executive assistant, Naz Beheshti, we learn a few interesting tidbits about the former Apple CEO. One of which is that he almost never turned off his iPhone. That's not really surprising. I'm sure most of us could say the same. Certainly, it's not uncommon for people who lead large corporations to feel the need to stay connected all the time. That temptation, however, can be draining--and I don't mean just for the battery on your device. Look, there is no doubt that most of us have spent more time on our devices over the past year, than ever before. In a world where we haven't been able to be together physically, our devices have made it possible to stay connected in ways most of us had never anticipated when the world shut down last March.We use th...
Business

U.S. CPSC tells consumers to stop using Peloton’s Tread+ treadmill

Peloton Co-Founder and CEO John Foley speaks during the TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco.Kimberly White | Getty ImagesThe U.S. Consumer Product Safety Commission on Saturday said consumers should stop using the Tread+ treadmill from exercise equipment maker Peloton if small children or pets are around.The announcement came one month after Peloton itself disclosed an accident involving the treadmill that resulted in the death of a child.The warning could add to challenges for the company as it looks to expand its business by selling running systems with online content.The U.S. agency said it knew about 39 incidents, including one death, and it said there had been reports of a pet and objects getting sucked underneath the treadmill. The ag...