Tag: finance
FBI says investors should take precautions before putting money into decentralized finance platforms
Cybercriminals are increasingly exploiting security flaws in smart contracts to steal cryptocurrency, according to the Federal Bureau of Investigation. In an advisory it published on Monday (via Bleeping Computer), the agency warned investors of a significant uptick in attacks targeting decentralized finance platforms. Between January and March of this year,…
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Apple had a huge quarter, but revenue growth is slowing
All eyes are on Apple today, after a tumultuous series of earnings reports dropped this week. Google parent company Alphabet missed revenue expectations, while Meta (formerly Facebook) recorded a higher profit than expected this quarter. Apple just released its results and the company has performed respectably in its second quarter…
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Hitting the Books: Raytheon, Yahoo Finance and the world’s first ‘cybersmear’ lawsuit
A company's public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if…
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Hitting the Books: Raytheon, Yahoo Finance and the rise of the ‘cybersmear’ lawsuit
A company's public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if…
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Mark Zuckerberg’s bet on the metaverse is off to an expensive start
Mark Zuckerberg’s metaverse pivot is off to slow start. The company now known as Meta lost just over $10 billion on its Reality Labs division in 2021, according to its fourth-quarter earnings report. “This fully realized vision is still a ways off,” Zuckerberg said of Meta’s metaverse investments. “And although…
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GameStop jumps after report on NFT trading hub, crypto pact
A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike Blake Shares of GameStop Corp (GME.N) rose on Friday after the video game retailer announced plans to expand its non-fungible token (NFT) market and partner with crypto companies. The company’s shares soared last year as…
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