Hungarian-born billionaire Thomas Peterffy, chairman of Interactive Brokers Group, says the online brokerage is now expanding the cryptocurrencies it offers its customers after sensing “urgency” from their clients to get in. He still hasn’t decided whether cryptocurrencies are a good investment — “I think it can go to zero, and Read more…
Instant-delivery startups promising to ferry groceries to customers in 15 minutes or less have rushed to expand in major cities like New York and Chicago in the past year. But they’re burning far more cash in the U.S. than in other countries where they operate, causing several of them to Read more…
Jamie “jwz” Zawinski, famous for being one of the original Netscape developers, being a founder of the Mozilla project, and for this axiom, has laid into Mozilla after the Firefox developers announced they was accepting Dogecoin, Bitcoin, and Ethereum cryptocurrency payments, via Bitpay, for Mozilla’s services and donations. Quote jwz: Read more…
Apple hit a market cap of $3 trillion during intraday trading on Monday, tripling its valuation in under four years. Apple broke the barrier when its share price hit $182.86. From a report: The milestone is mostly symbolic but it shows investors remain bullish on Apple stock and its ability Read more…
“AT&T and Verizon on Sunday rejected the U.S. Department of Transportation’s request that they delay this week’s scheduled launch of a new round of 5G wireless service,” reports Politico, adding that the carriers “instead pledged to take enhanced measures to avoid warned disruptions of air travel…” U.S. Transportation Secretary Pete Read more…
“Chinese telecom giant Huawei said on Friday its annual revenue had fallen by nearly a third from the previous year,” reports Agence France-Presse, “as it continued to be weighed down by U.S. sanctions that have hit its smartphone sales…” The firm’s revenue for this year fell by 29% year-on-year to Read more…
“Since joining NASA in 1980, Jim Green has seen it all,” writes the New York Times. He has helped the space agency understand Earth’s magnetic field, explore the outer solar system and search for life on Mars. As the new year arrived on Saturday, he bade farewell to the agency. Read more…