Page 16 - Financial

  1. Bill Gates Throws Shade at Crypto and NFT, Saying 'They're '100% Based on Greater Fool Theory'
    Bill Gates Throws Shade at Crypto and NFT, Saying 'They're '100% Based on Greater Fool Theory'

    The Microsoft co-founder said that the hype around crypto is "100 based on greater fool theory," alluding to the premise that overvalued assets will rise in price when enough investors are ready to pay more.

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  2. Apple Goes Deeper Into Finance With Buy Now, Pay Later Offering
    Apple Goes Deeper Into Finance With Buy Now, Pay Later Offering

    AMSTERDAM — Apple’s move into the crowded “buy now, pay later” space has raised the stakes for the fintech companies that pioneered the trend.

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  3. EXCLUSIVE Beijing gives initial nod to reviving Ant IPO plans in Shanghai, Hong Kong-sources
    EXCLUSIVE Beijing gives initial nod to reviving Ant IPO plans in Shanghai, Hong Kong-sources

    HONG KONG, June 9 (Reuters) - China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told...

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  4. Apple developer lawsuit: Judge accepts $100M deal, but questions $27M lawyer’s cut
    Apple developer lawsuit: Judge accepts $100M deal, but questions $27M lawyer’s cut

    An Apple developer lawsuit filed back in 2019 has been settled after the Cupertino company agreed to pay $100M in compensation, and the court approved the deal – but the judge in the case has asked the lawyers to justify their...

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  5. PayPal allows transfer of crypto to external wallets
    PayPal allows transfer of crypto to external wallets

    June 7 (Reuters) - PayPal Holdings Inc (PYPL.O) said on Tuesday it will now allow users to transfer cryptocurrencies including bitcoin to external wallets, nearly two years after the fintech giant opened up its platform...

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  6. Amazon executive behind its massive delivery operation to leave after 23 years
    Amazon executive behind its massive delivery operation to leave after 23 years

    Amazon CEO Andy Jassy said he expects to name a replacement in the next few weeks and that the company has work ahead "to get to where we ultimately want to be" in the division Clark ran.

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  7. iPhone production plans said to be 20M down on consensus expectations
    iPhone production plans said to be 20M down on consensus expectations

    Apple’s iPhone production plans for 2022 are said to be around 220 million units – some 20M lower than the consensus estimates of analysts. It would also represent zero growth on 2021.

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  8. Epic Games CEO Tim Sweeney Calls Apple's App Store a 'Disservice to Developers'
    Epic Games CEO Tim Sweeney Calls Apple's App Store a 'Disservice to Developers'

    Epic Games CEO Tim Sweeney has called Apple's App Store, which has helped app makers earn over $260 billion since its launch, a "disservice to developers" that forces them to treat their apps as "sub-par."

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  9. iPhone 14 Max could be delayed — the most compelling new model
    iPhone 14 Max could be delayed — the most compelling new model

    Delay could impact the new 6.7-inch iPhone 14 Max

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  10. Broadcom is acquiring VMware for $61 billion
    Broadcom is acquiring VMware for $61 billion

    It will be one of the biggest tech deals of all time

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  11. Bill Gates Reportedly Poured Millions to Dark Fund Against Elon Musk—Tesla CEO is ANGRY
    Bill Gates Reportedly Poured Millions to Dark Fund Against Elon Musk—Tesla CEO is ANGRY

    Bill Gates is reportedly one of the massive entities behind a dark fund that poured millions of dollars into a particular organization that aims to target and attack Elon Musk.

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  12. Apple opens new store in Wuhan, brings dedicated product pickup area
    Apple opens new store in Wuhan, brings dedicated product pickup area

    This Saturday, Apple opened a new store in Wuhan, China – the first in the Hubei Province. It also inaugurates an exclusive pickup area never seen before in the country, which will allow customers to more easily pick up products...

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