Wednesday 31 March 2021

505 Games buys Ghostrunner IP for €5m

505 Games buys Ghostrunner IP for €5m

505 Games has added a new franchise to its portfolio in the form of cyberpunk ninja action outing Ghostrunner. The company worked with Polish publisher All In Games on the game's initial release back in October 2020, and now takes full control of the IP as well as "all licenses for the technological solutions used in the game."
Read more: https://www.gamesindustry.biz/articles/2021-03-31-505-games-buys-ghostrunner-ip-for-5m?source=Snapzu

Ed Sheeran must face plagiarism claim: judge

Ed Sheeran must face plagiarism claim: judge

A U.S. judge on Tuesday rejected English singer-songwriter Ed Sheeran’s bid to dismiss one of three lawsuits accusing him of lifting his 2014 smash “Thinking Out Loud” from Marvin Gaye’s 1973 classic “Let’s Get It On.”
Read more: https://www.reuters.com/article/us-music-ed-sheeran/ed-sheeran-must-face-plagiarism-claim-judge-idUSKBN2BM2YN?source=Snapzu

Saturday 27 March 2021

Elon Musk is trying to win China back

Elon Musk is trying to win China back

Elon Musk's Tesla has endured a rough couple of months in China. Now he's working overtime to win Beijing back. The Tesla CEO lavished praise on China during an interview with state broadcaster China Central Television (CCTV), where he pledged that the country would become his electric carmaker's "biggest market" in the long run. He also lauded China's economic and climate goals — the country is currently the world's top greenhouse emitter, but has promised to drastically reduce the emissions over the next decade or so.
Read more: https://edition.cnn.com/2021/03/24/tech/elon-musk-china-intl-hnk/index.html?source=Snapzu

Leaked memo shows Amazon knows delivery drivers resort to urinating in bottles

Leaked memo shows Amazon knows delivery drivers resort to urinating in bottles

Amazon caused an uproar on Thursday when it denied reports that its delivery workers have been forced to urinate in bottles due to lack of access to bathrooms, but a leaked internal memo shows the company has been aware of the problem for at least several months.
Read more: https://www.theguardian.com/technology/2021/mar/25/amazon-delivery-workers-bathrooms-memo?CMP=oth_b-aplnews_d-1?source=Snapzu

Man buys iPhone 7 online, receives table instead

Man buys iPhone 7 online, receives table instead

We’ve all been there. You eagerly place an order for a new iPhone online, then eagerly wait by the door for its arrival, only to have your fun ruined when it turns out that your new iPhone is, in fact, a table. OK, so we’ve not all been there. But an unnamed Thai man apparently has, after he bought what he thought was a cheap iPhone 7 that turned out to be a novelty desk.
Read more: https://www.cultofmac.com/738285/man-buys-iphone-7-online-receives-table-instead/?source=Snapzu

Friday 26 March 2021

French monks locked down with 2.8 tonnes of cheese pray for buyers

French monks locked down with 2.8 tonnes of cheese pray for buyers

Raw-milk product normally sold only to restaurants or visitors to Cîteaux Abbey is marketed online
Read more: https://www.theguardian.com/food/2021/mar/26/french-monks-locked-down-tonnes-cheese-pray-buyers-online?source=Snapzu

Exclusive: Robinhood aims to allow users to buy into IPOs - sources

Exclusive: Robinhood aims to allow users to buy into IPOs - sources

Robinhood Markets Inc is building a platform to "democratize" initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.
Read more: https://www.reuters.com/article/us-robinhood-ipo-distribution-exclusive/exclusive-robinhood-aims-to-allow-users-to-buy-into-ipos-sources-idUSKBN2BH36G?source=Snapzu

Jerome Powell: Economy Is Better Thanks To 'Dunkirk'-Like Rescue By Fed, Congress

Jerome Powell: Economy Is Better Thanks To 'Dunkirk'-Like Rescue By Fed, Congress

A year after the pandemic plunged the U.S. economy into it worst crisis since the Great Depression, Federal Reserve Chairman Jerome Powell is largely satisfied with the central bank's rapid-fire response.
Read more: https://www.npr.org/2021/03/25/981121508/jerome-powell-economy-is-better-thanks-to-dunkirk-like-rescue-by-fed-congress?source=Snapzu

Thursday 25 March 2021

7-Eleven is opening a taco drive-thru

7-Eleven is opening a taco drive-thru

7-Eleven wants to get in on the growing popularity of fast food drive-thrus. So it's opening one for its taco restaurant. The convenience store chain said Tuesday that it is opening a Laredo Taco location with a drive-thru in Dallas. Typically, Laredo Taco locations can be found in 7-Eleven stores themselves.
Read more: https://www.cnn.com/2021/03/23/business/7-eleven-drive-thru/index.html?source=Snapzu

New breed of young investors are taking big risks, warns FCA

New breed of young investors are taking big risks, warns FCA

A new breed of thrill-seeking young investors are taking big financial risks when investing in cryptocurrencies, foreign exchange trading and other high-risk products, according to a warning from the City regulator. These younger and more diverse DIY investors were making riskier choices because they liked the challenge and the status it gave them...
Read more: https://www.theguardian.com/business/2021/mar/23/new-breed-of-young-investors-taking-big-risks-warns-fca-bitcoin-foreign-exchange?source=Snapzu

Wednesday 24 March 2021

Robinhood files confidential paperwork to go public, source says

Robinhood files confidential paperwork to go public, source says

Robinhood has filed confidential paperwork to pursue an initial public offering (IPO), a source familiar with the matter told CNBC on Tuesday.
Read more: https://www.cnbc.com/2021/03/23/robinhood-files-confidential-paperwork-to-go-public-source-says.html?source=Snapzu

High-Income Tax Avoidance Far Larger Than Thought, New Paper Estimates

High-Income Tax Avoidance Far Larger Than Thought, New Paper Estimates

The top sliver of high-income Americans dodge significantly more in income taxes than the Internal Revenue Service’s methods had previously assumed, according to forthcoming estimates from IRS researchers and academic economists. Overall, the paper estimates that the top 1% of households fail to report about 21% of their income, with 6 percentage points of that due to sophisticated strategies that random audits don’t detect.
Read more: https://www.wsj.com/articles/high-income-tax-avoidance-far-larger-than-thought-new-paper-estimates-11616364001?source=Snapzu

Tuesday 23 March 2021

Apple 'Likely' to Reimburse Samsung for Missing OLED Display Purchase Targets Due to Poor iPhone 12 Mini Sales

Apple 'Likely' to Reimburse Samsung for Missing OLED Display Purchase Targets Due to Poor iPhone 12 Mini Sales

Apple is likely to reimburse Samsung Display over a shortfall in OLED panel orders owing to lower-than-expected demand for iPhone 12 mini models,...
Read more: https://www.macrumors.com/2021/03/23/apple-likely-compensate-samsung-oled-orders/?source=Snapzu

Microsoft in Talks to Buy Discord for More Than $10 Billion

Microsoft in Talks to Buy Discord for More Than $10 Billion

Microsoft Corp. is in talks to procure Discord Inc., a computer game visit local area, for more than $10 billion, according to individuals acquainted with the matter.
Read more: https://blogps.com/microsoft-in-talks-to-buy-discord-for-more-than-10-billion/?source=Snapzu

AI controlled vertical farm could solve land crisis

AI controlled vertical farm could solve land crisis

AI-controlled vertical farm produces 400 times more food per acre than a flat farm, National Geographic recently predicted that by 2050, there would be more than two billion additional mouths to feed By 2050.
Read more: https://technuws.com/ai-controlled-vertical-farm-could-solve-land-crisis/?source=Snapzu

Top finance, tech firms mulling NY exodus over proposed tax hike

Top finance, tech firms mulling NY exodus over proposed tax hike

Top New York firms that toughed it out through the pandemic are now considering packing their bags over $7 billion in proposed new state taxes. At least 20 finance and tech companies are already poised to leave for sunny, low-tax Florida, said Kathyrn Wylde, CEO of the business-backed Partnership for New York City.
Read more: https://nypost.com/2021/03/20/top-finance-tech-firms-mulling-ny-exodus-over-proposed-tax-hike/?source=Snapzu

LG Looking to Shut Down Smartphone Business After Failing to Find a Buyer

LG Looking to Shut Down Smartphone Business After Failing to Find a Buyer

LG is looking to close down its entire smartphone division after failing to find a buyer for the ailing section of its business, according to the Korea Herald.
Read more: https://www.macrumors.com/2021/03/22/lg-looking-to-shut-down-smartphone-business/?source=Snapzu

NFTs, Tech Bros, and a Capitalistic Nightmare

NFTs, Tech Bros, and a Capitalistic Nightmare

The year is 2021. The divide between the rich and poor has never been more damning.
Read more: https://partrobot.ai/blog/nfts-tech-bros-capitalistic-nightmare/?source=Snapzu

How the Fed's plan to let inflation run hot could completely upend the way the market functions

How the Fed's plan to let inflation run hot could completely upend the way the market functions

The central bank's new framework stands to drive a regime change that replaces a decade of weak expansion with stronger inflation and economic growth.
Read more: https://www.businessinsider.com/fed-inflation-markets-regime-change-strategy-stocks-bonds-economic-recovery-2021-3?source=Snapzu

Monday 22 March 2021

Lettuce grows just fine in solar-panel greenhouses

Lettuce grows just fine in solar-panel greenhouses

The findings demonstrate the feasibility of using see-through solar panels in greenhouses to generate electricity. “We were a little surprised—there was no real reduction in plant growth or health,” says Heike Sederoff, a professor of plant biology at North Carolina State University and co-corresponding author of the study in Cell Reports Physical Science. “It means the idea of integrating transparent solar cells into greenhouses can be done.”
Read more: https://www.futurity.org/solar-panels-greenhouses-lettuce-2533812-2/?source=Snapzu

Here’s the problem the Fed is fueling — and it’s not inflation, strategist says

Here’s the problem the Fed is fueling — and it’s not inflation, strategist says

The recent spike in bond yields finally has the attention of Federal Reserve policy makers. Gov. Lael Brainard said on Tuesday that “some of those moves last week and the speed of the moves caught my eye.” San Francisco Fed President Mary Daly said the central bank could alter the maturity of its bond purchases — or even, as it has done before, sell shorter-term securities to buy longer-term government bonds in a so-called “twist.”
Read more: https://www.marketwatch.com/story/heres-the-problem-the-fed-is-fueling-and-its-not-inflation-strategist-says-11614771836?mod=home-page?source=Snapzu

Investors love electric cars. They're starting to like Volkswagen, too

Investors love electric cars. They're starting to like Volkswagen, too

A lot can change in a week. Just ask Volkswagen. Europe's largest carmaker was nobody's idea of a trendy stock a week ago. Then CEO Herbert Diess unveiled plans on Monday to open six battery-making "gigafactories" in Europe by 2030.
Read more: https://www.cnn.com/2021/03/21/investing/stocks-week-ahead/index.html?source=Snapzu

Sunday 21 March 2021

U.S. Justice Department probing Visa over debit practices

U.S. Justice Department probing Visa over debit practices

The Justice Department is looking at Visa Inc's debit practices, the company said on Friday, after reports the United States was investigating whether the credit card company uses anticompetitive practices in the debit-card market.
Read more: https://www.reuters.com/article/businessNews/idUSKBN2BB1OV?source=Snapzu

Who Are The Top Auto Transport Companies

Who Are The Top Auto Transport Companies

Did you just get relocated from the east coast to the west coast? Maybe you are being moved from California to Florida? Whatever the case may be, when you are being moved such a long distance, you'll probably want to get your car moved. But how do you go about doing that?
Read more: https://snapzu.com/massrealty/who-are-the-top-auto-transport-companies?source=Snapzu

Friday 19 March 2021

Investors pour record money into equities even as bond yields rise: BofA

Investors pour record money into equities even as bond yields rise: BofA

Investors put a record $68.3 billion into equity funds in the week to March 17, even as a spike in government bond yields sent the high-flying Nasdaq index reeling, BofA data showed on Friday.
Read more: https://www.reuters.com/article/us-markets-flows-bofa/investors-pour-record-money-into-equities-even-as-bond-yields-rise-bofa-idUSKBN2BB0SZ?il=0?source=Snapzu

Opinion: For just $25 billion, the U.S. could jump-start a project to quickly vaccinate the entire world against COVID

Opinion: For just $25 billion, the U.S. could jump-start a project to quickly vaccinate the entire world against COVID

A crash program to increase manufacturing and distribution could save millions of lives and prevent economic disaster.
Read more: https://www.marketwatch.com/story/for-just-25-billion-the-u-s-could-jump-start-a-project-to-quickly-vaccinate-the-entire-world-against-covid-11614898552?source=Snapzu

YouTube can now warn creators about copyright issues before videos are posted

YouTube can now warn creators about copyright issues before videos are posted

YouTube’s Checks should help creators deal with copyright problems before hitting publish
Read more: https://www.theverge.com/2021/3/17/22335728/youtube-checks-monetization-copyright-claim-dispute-tool?source=Snapzu

7 Best Free WordPress Plugins For Business Websites

7 Best Free WordPress Plugins For Business Websites

WordPress is undoubtedly the most used CMS from all over the world. Over the past decade, it has completely revolutionized how businesses build websites.
Read more: https://www.resourcifi.com/blog/best-free-wordpress-plugins-for-business-websites/?source=Snapzu

Thursday 18 March 2021

After taking on Wall Street bears, Redditors are pumping their money into saving gorillas

After taking on Wall Street bears, Redditors are pumping their money into saving gorillas

Wall Street Bets users on Reddit now have a new target after taking on hedge funds: gorillas. Since Saturday, users have spent hundreds of thousands of dollars adopting apes through the Dian Fossey Gorilla Fund. And, in return, the homepage of the Atlanta-based Fund's website now features the subreddit's motto: "apes together strong."
Read more: https://www.businessinsider.com/redditors-reddit-money-donate-adopt-apes-gorillas-gamestop-2021-3?source=Snapzu

Andrew Yang Isn’t Doing U.B.I. Right

Andrew Yang Isn’t Doing U.B.I. Right

There are better ways to follow the Rev. Dr. Martin Luther King Jr.’s call for a guaranteed income.
Read more: https://www.nytimes.com/2021/03/16/opinion/andrew-yang-ubi-nyc-mayor.html?source=Snapzu

Wednesday 17 March 2021

Uber will pay its 70,000 UK-based drivers minimum wage and benefits following a major Supreme Court defeat

Uber will pay its 70,000 UK-based drivers minimum wage and benefits following a major Supreme Court defeat

Uber announced Tuesday it will reclassify drivers in the United Kingdom as “workers,” guaranteeing them minimum wage, paid vacation, pensions, and additional protection under the country’s labor laws.
Read more: https://www.businessinsider.com.au/uber-reclassify-uk-drivers-minimum-wage-benefits-supreme-court-defeat-2021-3?source=Snapzu

Shift in U.S. spending emphasis ‘almost the end of Reaganomics,’ strategist says

Shift in U.S. spending emphasis ‘almost the end of Reaganomics,’ strategist says

The change in emphasis for fiscal stimulus in the U.S. under President Joe Biden has effectively signaled "the end of Reaganomics," according to Embark Group CIO Peter Toogood.
Read more: https://www.cnbc.com/2021/03/15/toogood-shift-in-us-spending-emphasis-almost-the-end-of-reaganomics.html?source=Snapzu

Email is for yesterday, today, and tomorrow

Email is for yesterday, today, and tomorrow

You can yak all the time on Slack, Teams, or Google Chat — or get real work done with email.
Read more: https://www.computerworld.com/article/3611814/e-mail-is-for-yesterday-today-and-tomorrow.html?source=Snapzu

Tuesday 16 March 2021

Nokia to cut up to 10,000 jobs over next two years

Nokia to cut up to 10,000 jobs over next two years

Nokia on Tuesday announced plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities, as the Finnish telecoms group seeks to step up its challenge to Sweden’s Ericsson and China’s Huawei.
Read more: https://www.reuters.com/article/us-nokia-redundancies/nokia-to-cut-up-to-10000-jobs-over-next-two-years-idUSKBN2B80U0?source=Snapzu

Gig economy: Europe tells companies to negotiate with workers or face new laws

Gig economy: Europe tells companies to negotiate with workers or face new laws

Europe’s lawmakers have a message for “gig-economy” companies—get negotiating with unions and other workers’ representatives, or face new EU-wide legislation. On Wednesday, the European Commission launched an initial consultation on improving working conditions for people who provide services through digital platforms such as Uber and Deliveroo. It said the COVID-19 pandemic had highlighted both the value of such services and the “vulnerable situation” of those offering them, putting the health and safety of delivery people, for instance, at risk.
Read more: https://fortune.com/2021/02/24/gig-economy-europe-worker-rights-eu/?source=Snapzu

Biden planning first major tax hike in almost 30 years: report

Biden planning first major tax hike in almost 30 years: report

President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package. Unidentified sources told Bloomberg that the increases will reflect the promises Biden made during his 2020 campaign.
Read more: https://thehill.com/homenews/administration/543180-biden-planning-first-major-tax-hike-in-almost-30-years-report?source=Snapzu

'Hope is back': Stimulus checks start hitting bank accounts nationwide

'Hope is back': Stimulus checks start hitting bank accounts nationwide

Stimulus checks are starting to land in Americans' bank accounts across the country this weekend, just days after President Joe Biden signed the $1.9 trillion American Rescue Plan into law. The third round of direct payments — which follows two previous sets of payments signed into law last year by former President Donald Trump — are the most substantial yet, although some of the people included in the last deals won't be eligible this time.
Read more: https://www.nbcnews.com/politics/joe-biden/stimulus-checks-start-hitting-bank-accounts-nationwide-n1261059?source=Snapzu

Stripe just became Silicon Valley's most valuable business ever

Stripe just became Silicon Valley's most valuable business ever

After its latest round of funding, fintech giant Stripe has claimed the unofficial title of most valuable private company with a valuation of $95 billion. Stripe, which offers payments processing services for individuals and businesses, has emerged as one of the hottest fintech companies in the world following the rise of ecommerce and online transactions in recent years.
Read more: https://www.techradar.com/news/stripe-just-became-silicon-valleys-most-valuable-business-ever?source=Snapzu

Monday 15 March 2021

The wonder material we all need but is running out

The wonder material we all need but is running out

Climate change, capitalism and disease are threatening to strike a mortal blow to the world's rubber trees. Can a solution be found before it's too late?
Read more: https://www.bbc.com/future/article/20210308-rubber-the-wonder-material-we-are-running-out-of?source=Snapzu

What Marrying Into Money Taught Me About Capitalism

What Marrying Into Money Taught Me About Capitalism

The rich get richer isn’t a saying, it’s literally how capitalism works. All that stuff about hard work and ‘hustle’ is bullshit. It’s not called ‘laborism’ lol, capitalism is all about CAPITAL. Let me give you the example of my life. I married into money. For your purposes, I am labor and my wife is capital. You can see the whole game play out within our marriage.
Read more: https://indi.ca/what-marrying-into-money-taught-me-about-capitalism-1e53e5703254?source=Snapzu

Sunday 14 March 2021

Netflix is testing a crackdown on password sharing

Netflix is testing a crackdown on password sharing

Netflix has never made a big deal about password-sharing, but a new test suggests the company may be reconsidering. Netflix is trying out a new policy with some customers, prompting certain people to sign up for a separate account if they aren’t watching with the subscriber.
Read more: https://www.nbcnews.com/tech/tech-news/netflix-testing-crackdown-password-sharing-rcna402?source=Snapzu

New Covid-19 Unemployment Benefits to Keep Stimulus Flowing Through Summer

New Covid-19 Unemployment Benefits to Keep Stimulus Flowing Through Summer

Enhanced unemployment benefits included in the $1.9 trillion pandemic-relief package signed on Thursday by President Biden could keep billions of dollars a week in stimulus flowing into the economy through the summer.
Read more: https://www.wsj.com/articles/new-covid-19-unemployment-benefits-to-keep-stimulus-flowing-through-summer-11615545001?source=Snapzu

After Biden stimulus, US economic growth could rival China's for the first time in decades

After Biden stimulus, US economic growth could rival China's for the first time in decades

For decades, China's economy has grown much faster than America's. That trend is likely to be broken in 2021 as the US recovery from the pandemic gains momentum.
Read more: https://www.cnn.com/2021/03/12/economy/stimulus-economy-biden-china/index.html?source=Snapzu

Bitcoin tax Evader gets a year in Prison - the first in Japan

Bitcoin tax Evader gets a year in Prison - the first in Japan

The cryptocurrency market has gained widespread popularity and regulators in many jurisdictions have imposed taxation policies. Usually, Tax evaders face heavy penalties, but Japanese authorities have taken things up a notch and have sentenced one such defaulter to serve a year in prison, alongside a hefty fine of $200,000.
Read more: https://thedailychain.com/bitcoin-tax-evader-gets-a-year-in-prison-the-first-in-japan/?source=Snapzu

The Bitcoin Bubble Myth

The Bitcoin Bubble Myth

As 2021 begins, Bitcoin’s rising price has brought forth the usual commentary that has dogged the digital cash project for a decade – that it is little more than a “bubble” propelled by market manipulation and euphoria.
Read more: https://www.forbes.com/sites/peterizzo/2021/03/04/the-bitcoin-bubble-myth/?sh=1dfd645837c1?source=Snapzu

Friday 12 March 2021

Virtual reality headsets for work ‘could snowball’

Virtual reality headsets for work ‘could snowball’

Use of virtual reality headsets for workplace meetings could "snowball", a business group has said, as firms try to blend home and office working. "We're likely to see it really take off quite quickly," Joe Fitzsimons of the Institute of Directors told the BBC's Wake Up To Money programme.
Read more: https://www.bbc.co.uk/news/business-56359061?source=Snapzu

Verizon decrees only ‘premium’ customers can escape its slowest 5G speeds

Verizon decrees only ‘premium’ customers can escape its slowest 5G speeds

You’ll need a "premium" unlimited plan to get better 5G speeds with C-band frequencies
Read more: https://www.theverge.com/2021/3/10/22324345/verizon-c-band-5g-unlimited-plans?source=Snapzu

Thursday 11 March 2021

LG is cramming ads everywhere on its TVs — even the expensive OLEDs

LG is cramming ads everywhere on its TVs — even the expensive OLEDs

TV manufacturers are cramming ads everywhere they can.
Read more: https://www.theverge.com/tldr/2021/3/10/22323790/lg-oled-tv-commercials-content-store?source=Snapzu

Stuntman soaks in bean dip for 24 hours to save favorite restaurant

Stuntman soaks in bean dip for 24 hours to save favorite restaurant

When your favorite Mexican restaurant is struggling to stay alive, what else would you do but sit in a pool of bean dip outside for 24 hours to attract diners? To drive the point home, stuntman Hunter Ray Barker is wearing a T-shirt and mask with the Los Toros restaurant logo which features three bulls, and getting his arm tattooed with the image during the marathon.
Read more: https://www.reuters.com/article/us-health-coronavirus-usa-stuntman/stuntman-soaks-in-bean-dip-for-24-hours-to-save-favorite-restaurant-idUSKBN2B12OW?source=Snapzu