Monday, October 18, 2021

NYSE says ProShares will launch an exchange-traded fund (ETF) linked to Bitcoin futures, giving investors exposure without having to hold bitcoin directly (New York Times)

New York Times:
NYSE says ProShares will launch an exchange-traded fund (ETF) linked to Bitcoin futures, giving investors exposure without having to hold bitcoin directly  —  An exchange-traded fund tied to the cryptocurrency is set to begin trading on the New York Stock Exchange, a milestone for the industry.



Sources: Uber and its Dubai-based Careem subsidiary are facing a combined tax bill of around $100M in Saudi Arabia, driven by a dispute over calculating VAT (Bloomberg)

Bloomberg:
Sources: Uber and its Dubai-based Careem subsidiary are facing a combined tax bill of around $100M in Saudi Arabia, driven by a dispute over calculating VAT  —  - Several tech firms said to be hit with value-added tax bills  — Saudi authorities said to reassess tax model for gig economy



Five US House Judiciary committee members write to Amazon accusing executives of either misleading Congress or lying about promoting its brands above rivals (Reuters)

Reuters:
Five US House Judiciary committee members write to Amazon accusing executives of either misleading Congress or lying about promoting its brands above rivals  —  Five members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives …



Bitcoin hovers near 6-month high on ETF hopes, inflation worries

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Apple captures 75% of global handset market operating profit in Q2: Report

Tech giant Apple has been the biggest profit and revenue generator in the handset business as it captured 75 per cent of the overall handset market operating profit in the second quarter of 2021. https://ift.tt/3aPEoRY

VIL teams up with Larsen and Toubro for trials of 5G-based smart city solutions

Telecom operator Vodafone Idea (VIL) and smart world and communication business of engineering and construction conglomerate Larsen and Toubro (L&T) have joined hands for a pilot project to test 5G-based smart city solutions, according to a statement. This is part of the ongoing 5G trials on government-allocated spectrum. https://ift.tt/3BNZs74

Tesla CEO Elon Musk dials into Volkswagen executive conference

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Axie Infinity Update Prevents Low MMR Players From Earning In-Game SLP

While some players welcome the new update in view of eliminating bots from the game and encouraging competition, others argue that it marginalises lower-ranked players. https://ift.tt/3lRpZuB

How Did a Brazilian Toddler Net Over 6,500 Percent Profit on Bitcoin?

In two years, Bitcoin has witnessed a massive growth in terms of its exchange values. The Brazilian baby was gifted a Bitcoin which was then priced at $915, and today it's worth more than $60,000. https://ift.tt/3BZ6G8A

Vivo Y3s (2021) With 5,000mAh Battery Launched in India, Vivo S10e Goes Official Too

Vivo Y3s has launched in the Indian market priced at Rs. 9,490. It comes with the MediaTek Helio P35 SoC and packs a 5,000mAh battery. It is up for grabs online and offline as well. The company also... https://ift.tt/3FVNQBw

Owner Declines Offer to Sell His NFT for $9.5 Million: Here's Why

CryptoPunk #6046 owner has stunned the world by declining an offer of ETH 2,500. The owner, who goes by the name Richerd (@richerd) on Twitter, wrote about the rejected deal on the microblogging... https://ift.tt/2XqdRHK

Enpal, which uses AI and computer vision to help homeowners switch to solar energy, raises €150M from SoftBank Vision Fund 2, closing a €250M Series C (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Enpal, which uses AI and computer vision to help homeowners switch to solar energy, raises €150M from SoftBank Vision Fund 2, closing a €250M Series C  —  One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business …



Sources: China is considering asking Tencent, ByteDance, and other media companies to let rivals access and display their content in search results (Bloomberg)

Bloomberg:
Sources: China is considering asking Tencent, ByteDance, and other media companies to let rivals access and display their content in search results  —  - MIIT may ask Tencent to allow Baidu, others to search WeChat  — If implemented, it could shake up the online advertising arena



Deals of the day in Amazon sale: Apple iPhone 12 Pro, OnePlus TV, Xiaomi phone and more

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Canon Sued for Disabling Scanner, Fax When Printers Run Out of Ink

Canon USA has found itself at the centre of a legal tussle following a decision it had taken regarding its printers' functioning. A customer from New York has filed a class-action lawsuit against the... https://ift.tt/3G7OIDl

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...