Money News

The Wall Street Journal: Activist Bill Ackman taunted by CEO after losing bid for seats on ADP board

8 months ago kakp2 Comments Off on The Wall Street Journal: Activist Bill Ackman taunted by CEO after losing bid for seats on ADP board
ROSELAND, N.J. — William Ackman lost his bid for three seats on the board of Automatic Data Processing Inc., a resounding rebuke of the struggling activist investor as shareholders sided with management at the human-resources software company. ADP ADP, +1.28% Read More

Snap charges less for ads as Facebook makes more

8 months ago kakp2 Comments Off on Snap charges less for ads as Facebook makes more
Snap Inc. said Tuesday that the average cost of its ads dipped by 60% as the Snapchat parent company transitions its ad-buying to a self-serve system that can better compete with Facebook Inc. and Alphabet Inc. Snap’s discussion of its ad prices, measured in impressions, came along with third-quarter earnings, which came up well short Read More

Hundreds of millions of dollars in Ethereum frozen in ‘accidental’ coding mistake

8 months ago kakp2 Comments Off on Hundreds of millions of dollars in Ethereum frozen in ‘accidental’ coding mistake
Up to $300 million in ether, the cryptocurrency on the Ethereum platform, was frozen Tuesday in a potentially catastrophic coding mistake. The lockdown affects those using multisignature wallets — which require multiple parties’ consent as an added security measure — run by Parity Technologies and deployed after July 20. That’s when Parity fixed a previous Read More

Snap plans redesign, now wants Grandma to use Snapchat too

8 months ago kakp2 Comments Off on Snap plans redesign, now wants Grandma to use Snapchat too
When questioned about the inability of new users to understand the Snapchat app just six months ago, Snap Inc. Chief Executive Evan Spiegel brought up his grandmother’s email habits to explain why he was not concerned about attracting non-millennials. “We do tend to market our products directly to younger people, because frankly they’re more interested Read More

The Wall Street Journal: Senate panel approved subpoena to force ex-Yahoo CEO Marissa Mayer to testify on hack

8 months ago kakp2 Comments Off on The Wall Street Journal: Senate panel approved subpoena to force ex-Yahoo CEO Marissa Mayer to testify on hack
WASHINGTON — A Senate committee moved last month to force former Yahoo Chief Executive Marissa Mayer to testify in a hearing Wednesday about corporate data breaches, after she initially declined lawmakers’ invitation. The Senate Commerce Committee’s authorization of the subpoena, an unusual move, underscores lawmakers’ growing concern over data breaches. It also highlights the potential stakes for Read More

Personal Finance Daily: Medicaid expansion saved thousands of people from bankruptcy and why the iPhone X is bad for the environment

8 months ago kakp2 Comments Off on Personal Finance Daily: Medicaid expansion saved thousands of people from bankruptcy and why the iPhone X is bad for the environment
Happy Tuesday, MarketWatchers! Don’t miss these top stories: Personal Finance How millennials could change the culture of sexual harassment Workers’ expectations about the workplace are changing. How driverless cars could save lives even sooner than we think RAND Corporation researchers used computer modeling to evaluate the safety of driverless cars. Why students at two prestigious Read More

How to get a job working with bitcoin

8 months ago kakp2 Comments Off on How to get a job working with bitcoin
We are in the midst of a bitcoin gold rush: Jobs related to the cryptocurrency have soared in 2017, as its value hit record highs. Job site Freelancer said cryptocurrencies have been one of the fastest growing online jobs this year, with 82% growth in the last three months alone. Cryptography, the practice of code Read More

How the GOP tax plan would affect home owners and buyers

8 months ago kakp2 Comments Off on How the GOP tax plan would affect home owners and buyers
The GOP tax reform plan contains a number of changes that will affect homeowners and buyers alike. Prior to the plan’s release, the housing industry sounded an alarm about changes to the deductions for mortgage interest and property taxes. While these popular deductions would remain in place, Republicans still plan to alter them in meaningful Read More

How the GOP tax plan would affect home owners and buyers

8 months ago kakp2 Comments Off on How the GOP tax plan would affect home owners and buyers
The GOP tax reform plan contains a number of changes that will affect homeowners and buyers alike. Prior to the plan’s release, the housing industry sounded an alarm about changes to the deductions for mortgage interest and property taxes. While these popular deductions would remain in place, Republicans still plan to alter them in meaningful Read More

The Moneyologist: My siblings took control of my mom’s estate — now they want me out of the picture

8 months ago kakp2 Comments Off on The Moneyologist: My siblings took control of my mom’s estate — now they want me out of the picture
Dear Moneyologist, I found out my four younger siblings got power of attorney over my mom behind my back. She never notified me, and I had no idea until two years later. The only sign was my mom growing more fearful of talking to me on the phone. Now she has full blown Alzheimer’s. They Read More