SYDNEY (Reuters) – Facebook faced a worldwide backlash from publishers and politicians on Thursday after blocking news feeds in Australia in a surprise escalation of a dispute with the government over a law to require it to share revenue from news. Facebook...
Frankly, we’ve had it with the constant stream of lies from Robinhood and neverending bullshit from the company’s CEO, Vlad Tenev. With Tenev scheduled to testify on Thursday, alongside the CEOs of Citadel, Melvin Capital and Reddit, the apriori mea...
An illustrated guide to bitcoin mining, blockchains, and the “minting” process of cryptocurrency’s most popular coin. Every time bitcoin is proclaimed to be dead, it seems to surge back, buoyed by bullish investors, favorable legislation, and tech titans’ tweets. At...
The “Roaring 20s” continued to roar yesterday, pushing us deeper towards 1929 even if it is unclear exactly where we sit in the parallel to that unhappy decade. I have repeatedly said the 1920s are a ridiculous analogy for our 20s if that is meant as anything...
There is a fascinating article in the FT this morning: Joe Biden’s huge bet: the economic consequences of “acting big”. Much the same debate is being hammered across learned journals, the economic departments of central banks, and investment firms: what are the...