Senate bill would break up Google’s ad business

Kris Holt

A bill that would break up advertising business if it becomes law has been introduced in the Senate. The Competition and Transparency in Digital Advertising Act, which has support on both sides of the aisle, would prevent companies that process more than $20 billion in annual digital ad transactions “from participating in more than one … Read more

Cathie Wood slams Tesla’s removal from S&P 500 ESG index

Cathie Wood slams Tesla's removal from S&P 500 ESG index

Ark Invest founder and noted Tesla bull Cathie Wood has joined company boss Elon Musk in slamming the S&P 500’s decision to remove the electric car maker from its stock index tracking the most sustainable and socially conscious companies.  Tesla was removed from the S&P 500 ESG index – shorthand for “environmental, social and governance” … Read more

Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry

Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry

Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market cap, negatively impacted investor confidence and the path for Bitcoin’ price recovery seems clouded after the Nasdaq Composite Stock Market Index plunged 4.7% … Read more