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America is telling Europe and Asia: “You have to go your own way, you can’t depend upon us” because the US is going to do everything to hurt you in order to help itself, according to economic commentator Michael Hudson. After months of postponing its implementation while simultaneously threatening a trade war, President Donald Trump […]
Enlarge (credit: Patrik Nygren) Already under intense scrutiny for leaking sensitive data belonging to more than 87 million users, Facebook said it fired a security engineer accused of using his company position to stalk women. The allegations surfaced Sunday in a series of tweets from Jackie Stokes, founder of a firm called Spyglass Security. I’ve […]
Thomson Reuters The spot gold price has rallied 7.7% since mid-December. The Commonwealth Bank is forecasting there’ll be more gains to come in the next couple of years. It says the US dollar, rather than real US bond yields, has recently become the main driver of movements in the gold price. It expects that trend […]
AMD has received up to 20% of its total revenues from selling graphics cards used for Ethereum mining. Bitmain will put pressure on AMD, as the Chinese-based chipmaker is said to have developed its own ASIC, a graphics chip used for mining Ethereum, a Susquehanna analyst says. The analyst downgraded AMD’s shares and lowered its […]
Evercore ISI analyst, Anthony DiClemente, says Snap is worth $ 7 per share. The stock is currently trading at just under $ 14 Monday. He’s bearish on the company, citing Facebook’s spending ability, Snap’s failure to take advantage of its user growth, and its lack of direct response advertising. Snap‘s stock price has taken a hit recently. Yet […]
You are either with us, or Russian. This seem to be the logic of mainstream liberal media as yet another politician supporting the release of a memo on FBI surveillance abuses is branded “Team Russia.” Veteran journalist and MSNBC political analyst accused House Speaker Paul Ryan of being a Russian stooge during a political discussion […]
The recent crash of bitcoin and other cryptocurrencies was caused by an absence of regulation, one expert told RT. Given digital money doesn’t have intrinsic value, its price against fiat money doesn’t bear logical explanation. “For example, the price of shares is the actual value of the company and its profitability. The price of oil […]
Published time: 22 Dec, 2017 11:15 Dutch multinational bank ING says bitcoin won’t see large-scale adoption, as the cryptocurrency doesn’t have much to offer ordinary people with its basic features a significant hurdle to legalization. “What they regard as key benefits, may actually be impediments to wider adoption… Users will include tech nerds, people obsessed […]
Rick Wilking/Reuters Apple is coming out of a strong final quarter in 2017, and sales of its iPhone X flagship seem to be going well. However, the firm’s stock has historically taken a hit following the launch of “tick” iPhone models, like the iPhone 5 and iPhone 6. Most analysts believe that the radical differences […]
Getty/Justin Sullivan KGI Securities analyst Ming-Chi Kuo suggested that Apple will make three new iPhones next year. Two of them will be successors to this year’s iPhone X: A new, equally-sized 5.8-inch model, and an additional, Plus-sized, 6.5-inch variant. There will also be a third, “budget” iPhone, which will keep using LCD displays and come […]
