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Surveillance firms spying on some Facebook users, Meta says

According to Meta, private surveillance companies have spied on about 50,000 Facebook users. On Thursday, in a blog post, Meta, which also owns Messenger, WhatsApp, and Instagram, warned people who might be targets. The company also said that it banned seven surveillance companies from its platforms. It took action against the following companies: Cognyte, Cobwebs …

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The price of cryptocurrencies on December 6

Congress Provides New Regulations – Crypto Industry Wishes

Top executives at six major cryptocurrency companies, including Circle and Coinbase, called Congress on Wednesday to provide more precise rules for the $3 trillion growing industry. There was also a warning that overly strict restrictions would push it out of bounds. The hearing of the U.S. House of Representatives Financial Services Committee was the first …

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Non-Fungible Tokens, NFT

Metaverse Tokens Lead the Current Crypto Wave

The concept of meta version has been in the spotlight in recent weeks. The meta-tokens have gained enormous demand; the increase in the last few months has become especially noticeable after the big corporations started attacking the space. It is worth noting that the market capitalization of all meta-related tokens was less than $2 billion …

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US Infrastructure Bill - What Crypto Investors Need to Know

US Infrastructure Bill – What Crypto Investors Need to Know

The last few months have been full of challenges and innovations in the cryptocurrency industry. The US SEC has delayed many BTC ETF applications, raising fears that the delay will severely damage all cryptocurrency projects. It seems that this fear is already manifesting. The total market capitalization of cryptocurrency decreased by 7%. This came precisely …

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Bitcoin BTC

Bitcoin is Unstoppable – a New Record of All time

At the morning trading session on November 9, the world’s most popular cryptocurrency reached its all-time high. Bitcoin is unstoppable – the currency has risen 4.6% and traded slightly above $68,500. Bitcoin has seen a remarkable 12% increase since last week. Currency has risen 24% in the previous 20 days. Bitcoin investors today are more …

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Brand tax is what employees referred to Facebook

With its name change to Meta (formerly known as Facebook), the company tries to discharge what some employees called a brand tax on apps, including WhatsApp, Instagram, and Messenger. Last Thursday, Meta CEO Mark Zuckerberg declared the rebranding of his company after it went through some challenges resulting from some documents showing the harm its …

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U.S. futures up after Dow closed its third positive week

U.S. Futures up After Dow Closed Its Third Positive Week

U.S. stock futures mostly gained on Monday after the Dow Jones Industrial Average closed its third positive week in a row at a record. Notably, the rise was due to better-than-anticipated earnings reports. Dow futures advanced 25 points, whereas S&P 500 futures were gained around 0.2%. Futures for Nasdaq 100 were trading up by 0.3% …

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U.S. stock futures changed after weak earnings reports

U.S. Stock Futures Changed After Weak Earnings Reports

U.S. stock futures were muted today morning after weak earnings reports from technology companies. Futures of the Dow Jones Industrial Average surged 6 points. Meanwhile, S&P 500 futures and Nasdaq-100 futures both witnessed declines. Shares of Intel recovered more than 8% after hours following a weaker-than-anticipated sales report. The semiconductor firm blamed an industry-wide chip …

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Facebook and its cryptocurrency

U.S Lawmakers – Facebook Can’t Manage Cryptocurrency

U.S. Democratic senators have criticized Facebook for launching a digital wallet and released an open letter. A group of U.S. lawmakers said Facebook could not manage Cryptocurrency. They immediately called on the social media giant to stop launching the cryptocurrency wallet, the pilot version of Novi, found on Tuesday. The open letter states that Facebook’s …

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U.S. futures gain as major firms report strong Q3 earnings

U.S. futures gain as major firms report strong Q3 earnings

U.S. stock futures increased on Tuesday as major companies continued to report strong Q3 earnings. Notably, this eased concerns that persistent COVID-19 cases and increasing costs would derail corporate America’s profit rebound. Futures linked to the Dow soared around 167 points or 0.5%. Meanwhile, S&P 500 futures rose 0.5% and Nasdaq 100 futures boosted 0.4%. …

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Facebook and new opportunities

DPC proposed a fine of 36 million for Facebook’s failure

The Irish Data Protection Commission proposed a penalty to Facebook of 36 million euros. The commission has opened several cases connected to the social media giant. According to EU data protection rules 2018, the DPC must share the preliminary decision with all interested EU bodies and hear their views before final judgment. The Irish Commission …

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Stocks and ongoing situation

Stock futures fell, with Dow Jones declining 222 points

On Wednesday, stock futures dipped in early morning trading after the markets recovered from a tech-led sell-off a day before. Notably, the Dow Jones Industrial Average (DJIA) futures fell 222 points. S&P 500 futures and Nasdaq 100 futures witnessed slumps. The market witnessed a broad improvement during Tuesday’s session, with 9 out of 11 S&P …

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