Billionaire hedge fund manager Paul Tudor Jones believes that investing in Bitcoin draws strong parallels to early investors in tech firms like Google and Apple. In an interview on CNBC’s Squawkbox on October 22, the American hedge fund manager and philanthropist said that Bitcoin could well be at the start of a very fortuitous period and might be an excellent hedge against rising inflation.

Quibi struggled to meet its subscriber goals, and only had about 500,000 as of a few weeks ago.

Upgrading to an iPhone 12? Apple Inc. is happy to take your old phone off your hands. For years, Apple has used such rhetoric to convince consumers that it’s a greener and more sustainable company than its competitors. Increasingly, it’s fair to ask how sincere it is.

Tesla has quietly made it less appealing to buy one of its cars used. As Electrek points out, just days ago, Tesla offered a two- to four-year warranty on used Model S and Model X vehicles. However, visit the company’s website today and you’ll see that it instead offers one-year or 10,000 miles of coverage. The updated policy is in addition to the company’s new-car warranty, which covers a vehicle for 4 years or 50,000 miles.

Half of all work tasks will be handled by machines by 2025 in a shift likely to worsen inequality, a World Economic Forum report has forecast. The think tank said a "robot revolution" would create 97 million jobs worldwide but destroy almost as many, leaving some communities at risk.

The antitrust lawsuit against Google is the most significant action the federal government has taken against a technology company in two decades. Google calls the lawsuit "deeply flawed."

High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax rates, according to nonpartisan analyses.

Piling on big tech companies is the fashion of the day, but don't expect the US government to break up Google.

Bitcoin and cryptocurrency traders are searching for direction, with the market more-or-less treading water since the summer. The bitcoin price, hovering around $11,400 per bitcoin, has been trading broadly in line with equity markets in recent months—with groundbreaking announcements, including payments company Square SQ +0.7% buying bitcoin, failing to much move the market.

The Walt Disney Company has made no secret of the fact that it’s betting its future on streaming TV. Hell, it just doubled down on it with a major reorganization of its business. But after a pandemic-induced bump in streaming-TV viewing peaked earlier this year, some of the arrows for Disney’s flagship streaming service are now pointing in the wrong direction, according to a new report from analyst firm MoffettNathanson.

Millennials are the largest group in the U.S. workforce but have 10 times less money than Baby Boomers control today.

In the 1980s comedy, “Trading Places”, Jamie Lee Curtis plays a prostitute who has been saving for her future; she has $42,000 “in t-bills, earning interest”. If she followed the same strategy today, she would be disappointed with the return. The one-year Treasury bill yields 0.13%, so her annual interest income would be just $55. If she reinvested the income, it would take more than 530 years for her money to double.

U.S. stocks slipped on Monday as investors hoped for a stimulus deal from Washington, although a rising number of Covid-19 cases dampened sentiment. The Dow Jones Industrial Average traded 41 points lower, or 0.1%. Earlier in the day, the 30-stock average was up more than 100 points. The S&P 500 dipped 0.2% and the Nasdaq Composite pulled back 0.1%.

The top economist at the World Bank said in an interview on Thursday that the coronavirus pandemic is “morphing into a major economic crisis” and questioned the wisdom of central banks increasing their sway over the bond market.

Google employees are not shy about speaking up. In the last few years, they have openly confronted the company about building a censored search engine in China, the handling of sexual harassment claims and its work with the Pentagon on artificial intelligence technology for weapons.

The oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to cut costs and "reinvent" the business for a low carbon future.

Facebook said Tuesday it is launching a new global policy that bans ads that discourage people from getting vaccines. The company previously had a policy against vaccine hoaxes that were publicly identified by global health organizations. 

Even when stay-at-home measures for the coronavirus pandemic are lifted, Microsoft employees won't be required to come back to the office. According to an internal Microsoft memo obtained by The Verge, Microsoft employees will be allowed to work from home for less than half of their work week. Pending manager approval, some employees will be allowed to work from home full time.

The Fed is now an irreplaceable anchor of what was once known as the market, in perpetuity.

American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. Economists surveyed by Dow Jones had been looking for 830,000. The total for the week ended Oct. 10 was the highest number since Aug. 22 and another sign that the labor market continues to struggle to get back to its pre-coronavirus pandemic mark as cases rise and worries increase over a renewed wave in the fall and winter. The number represented a gain of 53,000 from the previous week’s upwardly revised total of 845,000.