Markets News

Facebook sets its sights on Yelp with a new app called Local

9 months ago admin2 Comments Off on Facebook sets its sights on Yelp with a new app called Local
Although Facebook has 2 billion users, and many of its other products have around 1 billion users, Facebook has not had a lot of success at launching entirely new products. It purchased WhatsApp and Instagram for billions of dollars, and it ended up copying many aspects of Snapchat’s service and integrating them into its apps Read More

Sean Parker admitted how Facebook exploits human psychology

9 months ago admin2 Comments Off on Sean Parker admitted how Facebook exploits human psychology
Most people don’t need to be told they’re addicted to technology and social media. If reaching for your cell phone first thing in the morning doesn’t tell you as much, multiple scientific studies and books will. Now the people responsible for this modern-day addiction have admitted that was their plan all along. Silicon Valley bad Read More

Raising taxes on the rich is an easy way to pay for corporate tax cuts

9 months ago admin2 Comments Off on Raising taxes on the rich is an easy way to pay for corporate tax cuts
Republican plans to overhaul US taxes includes a provision to cut the corporate tax rate from 35% to 20%. The House Republicans’ proposal would make the cut immediately, while the Senate Republicans’ plan would delay the cut for two years. Though changes to individual tax rates get more attention, in financial terms the corporate tax Read More

Bitcoin Gold Sets Sunday Date for Cryptocurrency Release

9 months ago admin2 Comments Off on Bitcoin Gold Sets Sunday Date for Cryptocurrency Release
Bitcoin gold is set to go live this weekend. In a new blog post, the developers behind the fork of the bitcoin blockchain said that they would release a formal software client for download at 7:00 PM UTC on Nov. 12. Originally set for a public launch on Nov. 1, the project is backed by LightningASIC, Read More

IBM has freed itself from the tyranny of Helvetica

9 months ago admin2 Comments Off on IBM has freed itself from the tyranny of Helvetica
For years, IBM has spoken in the language of Helvetica, an efficient, machine-like typeface designed to evoke a modernist sensibility. Today, the 109-year old company is freeing itself from the cold, modernist cliché and replacing Helvetica with a new corporate typeface called IBM Plex. A font update may seem like a small matter to outsiders, Read More

Disney’s version of Netflix is going to be cheaper—and have Star Wars

9 months ago admin2 Comments Off on Disney’s version of Netflix is going to be cheaper—and have Star Wars
Earlier this year, Disney said it would stop sending new movie releases to Netflix, its soon-to-be streaming rival, in 2019. Disney—as with its theme parks, consumer products, and films—is hoping its brands can help it survive in a Netflix world. Star Wars, Marvel, and Pixar will be front and center in Disney’s own streaming service, Read More

Hip-hop is getting old, man

9 months ago admin2 Comments Off on Hip-hop is getting old, man
When neighborhood block parties in the Bronx birthed rap and hip-hop in the early 1970s, hardly anyone expected the music style—barely a genre on its own, resonant as it was within some specific communities—to get very big. These days, rappers are the new rock stars and the genre’s influence has exploded beyond music itself. The Read More

‘2x’ Boost? Bitcoin Cash Closes on Record High

9 months ago admin2 Comments Off on ‘2x’ Boost? Bitcoin Cash Closes on Record High
Bitcoin cash is on fire today. As per CoinMarketCap data, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate rose to a three-month high of $872.24 at 11:29 UTC. The cryptocurrency’s record all-time high of $920 was set on Aug. 19. As of writing, the cryptocurrency is trading at $800, and has climbed 27 percent over the Read More

Jack Ma is using Singles Day, a symbol of crass commercialism, to revitalize Tai Chi in China

9 months ago admin2 Comments Off on Jack Ma is using Singles Day, a symbol of crass commercialism, to revitalize Tai Chi in China
Alibaba always puts on a spectacle on Singles Day, its annual online shopping extravaganza—and this year founder Jack Ma’s martial arts obsession is a part of it. Ma’s appearing in a 24-minute martial arts film, Gong Shou Dao, alongside Jet Li, Tony Jaa, and other movie stars, that’s premiering as part of the shopping festival Read More

What’s left to explain Janet Yellen’s dismissal except that she’s a woman?

9 months ago admin2 Comments Off on What’s left to explain Janet Yellen’s dismissal except that she’s a woman?
Over the past week, Donald Trump has made one thing clear: Fed chair Janet Yellen isn’t from “central casting.” Now that we know she won’t be reappointed as head of the Federal Reserve when her term expires in February, the compliments are flooding in. Janet Yellen will be missed. Agree or disagree on tactics, she Read More