BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.
The Billionaires Flocking to Mar-a-Lago to Meet With Trump
Private jets belonging to Zuckerberg, Bezos, Gates and Brin are among those landing at Palm Beach International Airport since the election, flight records show.
TikTok Ban: App Will ‘Go Dark’ Unless Biden Administration Intervenes, Company Says—Here’s Everything We Know
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
OpenAI, valued at $157 billion, isn't profitable. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.
As AI ushers in a new era of extreme parallel computing, startup funding keeps booming
The Chinese-owned social app’s future in the U.S. still hangs in the balance. It appears neither Biden nor especially Trump wants it to shut down abruptly, but the Supreme Court today upheld the law banning it, so … ¯\_ (ツ)_/¯
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SCOTUS Upholds Law on TikTok, Will Trump Work Around It?
Bloomberg's Wendy Benjaminson discusses President-elect Trump reacting to the US Supreme Court upholding the law that threatens to ban TikTok with a Truth Social post telling Americans to 'stay tuned' while he reviews the situation.
Here’s Why RedNote Will Probably Be Banned Like TikTok
RedNote became a popular alternative social app for TikTok users and topped the Apple App Store and Google Play Store on Monday.
JPMorgan maintains JD.com stock with $50 target on growth outlook
JPMorgan reaffirmed its Overweight rating and $50.00 price target for JD.com, Inc (NASDAQ:JD), expressing optimism for the company's future performance. The firm placed JD.com on its Positive Catalyst Watch,
FTC Says Consumer Data Is Behind ‘Surveillance’ Pricing
Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal Trade Commission said in initial study findings, raising concerns about the use of what they termed “surveillance pricing.
Toyota Wants Workers in Office Four Days a Week Starting Sept. 2
Toyota Motor Corp.’s North American salaried workers are being ordered back to the office Monday through Thursday starting in September, becoming the latest company to require more employees to show up regularly at their desks.
Chicago Officials Pitch $1.5 Billion Plan to Fix Transit Woes
Chicago transit officials are advocating for a $1.5 billion annual funding package to help keep one of the country’s largest transportation systems afloat as it stares down a steep financial cliff in fiscal 2026.
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Saba Capital Shares Key Facts Demonstrating the Need for Shareholder-Driven Change at Seven U.K. Trusts
As a reminder, Saba has requisitioned General Meetings of these seven Trusts to provide shareholders the opportunity to vote on resolutions to remove the Trusts' existing directors and appoint highly qualified directors to replace them.