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Monthly Archives: May 2018

Google employee Tristan Harris internal 2013 presentation warnings

Stephen Lam | Reuters Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Google’s former design ethicist Tristan Harris developed a presentation five years ago that warned people inside Google of five human psychology vulnerabilities that tech products were …

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Singapore offers benefits to Trump and Kim Jong Un

Department of Defense photo The Nimitz-class aircraft carrier USS John C. Stennis and the Republic of Singapore navy frigates RSS Formidable and RSS Stalwart are seen underway in the Singapore Strait. Singapore is also the regional headquarters for several American companies including Google parent Alphabet, Facebook, Walt Disney Company, Procter …

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US sanctions Iran currency network after Trump pulls out of nuclear deal

Ali Mohammadi | Bloomberg | Getty Images Women cross a street near a giant political mural depicting Ayatollah Ali Khamenei, Iran’s supreme leader, left, and Ruhollah Khomeini, founder of the Islamic republic of Iran, in Tehran, Iran, on Wednesday, May 9, 2018. The U.S. Treasury imposed sanctions on Thursday against …

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Bitcoin could soar as high as $64,000 next year, Fundstrat predicts

The growth of bitcoin “mining” activity could send the cryptocurrency’s price as high as $64,000, investment research firm Fundstrat said Thursday. Bitcoin is created through an energy-intensive process known as mining, in which computers receive the cryptocurrency as reward for solving complex mathematical equations. Processing power to guess the solution …

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How to see if you liked a Facebook page operated by Russian trolls

Getty Images Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on May 1, 2018 in San Jose, California. House Democrats on Thursday released a complete archive of the 3,500 ads that Russia purchased on Facebook. I’m going to show you if you might have liked one of …

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Jim Cramer calls Nvidia CEO Jensen Huang the ‘Einstein of our era’

CNBC’s Jim Cramer praised Nvidia’s billionaire CEO Jensen Huang ahead of the computer chipmaker’s quarterly earnings after Thursday’s closing bell on Wall Street. The “Mad Money” host characterized the Taiwanese-American entrepreneur, who co-founded the Silicon Valley company in 1993, as a “visionary” and possibly the “[Albert] Einstein of our era.” …

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Comcast’s Fox bid is said to include $2.5 billion in break-up fee

Elijah Nouvelage | Reuters Brian Roberts, CEO, Comcast Comcast is prepared to offer $2.5 billion in break-up fees in its bid for Twenty-First Century Fox assets, according to the Financial Times. The cable company, and owner of CNBC-parent NBCUniversal, is planning to make a $60 billion, all-cash offer in mid-June …

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Trump, Republicans give up on legislative agenda

Mandel Ngan | AFP | Getty Images House Speaks Paul Ryan greets US President Donald Trump as he arrives on stage to speak at the National Republican Congressional Committee March Dinner at the National Building Museum on March 20, 2018 in Washington, DC. The White House has made it official: …

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Trading app Robinhood surpasses E-Trade in user numbers

David Paul Morris | Bloomberg | Getty Images Baiju Bhatt, co-founder and co-chief executive officer of Robinhood Markets, speaks during an interview in San Francisco, Jan. 25, 2018. Stock trading app Robinhood has beat its rival E-trade when it comes to users, doubling the number of accounts in the past …

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Silvio Berlusconi stands aside in Italy and markets don’t like it

Silvio Berlusconi, leader of right-wing party Forza Italia, waves as he arrives to vote on March 4, 2018 at a polling station in Milan. The yield on Italian government 10-year bonds rose to a seven-week high Thursday, while stocks sold off, following news that former Prime Minister Silvio Berlusconi will …

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