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Melvin Backer Point72 Suffers 15% Loss Over GameStop Short Squeeze: NYT
Thursday, January 28, 2021 - 2:41am | 428Point72 has suffered a loss amounting to nearly 15% this year — thanks to the sharp uptick in the shares of GameStop Corporation (NYSE: GME), a person familiar with the matter told the New York Times. What Happened: The hedge fund run by Steve Cohen — the owner of New York Mets...
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This Bitcoin Investor Is Warning Against Being Your Own Bank After Losing $234M
Wednesday, January 13, 2021 - 5:30am | 406Bitcoin (BTC) millionaires are having a hard time getting into their wallets — thanks to forgotten passwords, the New York Times reported Tuesday. What Happened: Stefan Thomas, a computer programmer, is one such millionaire who holds 7,002 bitcoins worth 234 million — as of press...
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Discovery Streaming Service Set For Debut Today, Banks On Olympics Broadcast For Subscriber Growth
Monday, January 4, 2021 - 6:28am | 487Mass media company Discovery Communications Inc (NASDAQ: DISCA) is on track to take on Over-the-top (OTT) streaming platforms when it goes live on Monday, reports the New York Times. Discovery’s subscription video on demand (SVOD) services would cost $5 per month with...
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Pfizer Nears Deal To Supply Another 100M COVID-19 Vaccine Doses To US By July
Tuesday, December 22, 2020 - 10:49pm | 519Pfizer Inc (NYSE: PFE) is nearing a deal with the outgoing President Donald Trump's administration to supply 100 million doses of its coronavirus vaccine to the United States, the Wall Street Journal reported Tuesday. What Happened: The U.S. government would pay Pfizer $2 billion as...
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Here's What You Need To Know About Cyberattack Against US
Sunday, December 20, 2020 - 4:43pm | 888More news on the massive cyberattack that hit the U.S. this year is likely to come out in the week ahead. Today, more senators have come out to say Russia was behind the attack. Here's a recap of what has transpired so far. What Happened: On Dec. 13, the New York Times broke a...
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Alibaba's Facial Recognition Technology Specifically Capable Of Spotting Uighurs, Report Claims
Thursday, December 17, 2020 - 6:54am | 607Chinese tech behemoth Alibaba Group Holdings Inc’s (NYSE: BABA) facial recognition software can track the ethnic Uighur minority group in China. The claim is based on a report by surveillance analysis firm IPVM in collaboration with The New York Times. What...
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Apple Killed TV+ Show On Gawker After Tim Cook Voiced Disapproval: NYT
Monday, December 14, 2020 - 4:35am | 425Apple Inc’s (NASDAQ: AAPL) streaming service TV+ abandoned plans to make a series inspired by Gawker Media after CEO Tim Cook expressed disapproval in an email, the New York Times reported Sunday. What Happened: The show “Scraper” was modeled after Gawker, which shot into the...
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Mastercard Considers Cutting Ties to Pornhub After Child Abuse Content Allegations: Bloomberg
Sunday, December 6, 2020 - 9:57am | 304Mastercard Inc (NYSE: MA) is rethinking its connections to Pornhub.com parent company MindGeek after a New York Times op-ed alleged Pornhub streams video content involving child abuse and non-consensual violence, Bloomberg has reported. What Happened: Columnist Nicholas Kristof ...
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8 Stocks Prolific Trader Sen. David Perdue Sold While In Congress
Friday, December 4, 2020 - 3:42pm | 851Over the course of six years, U.S. Sen. David Perdue has placed 2,596 stock trades. Some of the trades may have involved possible inside information thanks to his position on several Senate sub-committees. What Happened: The New York Times published an in-depth look at Perdue’s history of...
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Jamie Dimon's Own Bank Has A Cryptocurrency But Says Bitcoin 'Not My Cup Of Tea'
Thursday, November 19, 2020 - 2:32am | 486JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon's view against Bitcoin is widely known. The CEO reiterated this at the New York Times DealBook Summit on Wednesday by saying the cryptocurrency is "just not my cup of tea," Yahoo! Finance reported. What...
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Trump's Doc Says President Fever-Free, Taking COVID-19 Treatment Remdesivir At Walter Reed
Saturday, October 3, 2020 - 12:06pm | 947Editor's note: This story has been updated to reflect a new Saturday afternoon statement from the White House on the timeline of the president's coronavirus infection and additional reports on the president's condition. President Donald Trump is “doing very well” at...
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Trump Paid No Federal Income Tax In 10 Of Last 15 Years, And When He Did, It Wasn't Much: NYT
Sunday, September 27, 2020 - 10:00pm | 425The year Donald Trump won the presidential election, he paid $750 in federal income taxes, according to a New York Times report. The next year — his first as a resident of the White House — the tax amount didn't change. What Happened: The president paid no...
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With Election Nearing, Trump Nominates Amy Coney Barrett To Fill Ginsburg's Supreme Court Seat
Saturday, September 26, 2020 - 5:41pm | 685President Donald Trump nominated Judge Amy Coney Barrett to the Supreme Court on Saturday — 38 days ahead of the U.S. election — to fill the vacancy left by the death of Justice Ruth Bader Ginsburg. The nomination brushes aside what was reportedly Ginsburg’s dying wish: that...
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Google Services, Including Gmail, YouTube Disrupted As Servers Crash
Thursday, September 24, 2020 - 10:30pm | 419Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google’s services suffered a disruption Thursday in the United States that spanned Google Meet, Docs, YouTube, and Gmail services, the New York Times reported. What Happened: The service outage was mainly centered around the East Coast,...
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Justice Dept To Unveil Antitrust Charges Against Google Later This Month: NYT
Thursday, September 3, 2020 - 9:47pm | 494Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google may face an antitrust case brought on by the Justice Department as soon as this month, the New York Times reported Thursday. What Happened: Attorney General William Barr dismissed urgings of career lawyers who pitched for more time to...