Although many remain wary of the cryptocurrency, bitcoin has garnered a wave of support in recent months – in February alone, fintech company Square and enterprise software company MicroStrategy bought large sums of additional bitcoin to add to their existing portfolios, while electric car company Tesla added billions of dollars worth of the coin to
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Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake this week, a securities filing
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Take a look at some of the biggest movers in the premarket: IMAX (IMAX) – IMAX lost 21 cents per share, one cent a share more than analysts had anticipated. The movie theater operator’s revenue came in above Wall Street estimates. Sales were helped by stronger performances in Asian markets, and the company is anticipating
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As vaccination rollouts gather pace around the world, attention is now turning to vaccines of another kind: vaccine passports. Last week, the International Air Transport Association announced the launch of its new digital travel pass as “the way forward” in resuming quarantine-free international travel. The app, which is being tested by 30 carriers, will allow
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Richard Besser, who served as acting director of the Centers for Disease Control and Prevention under former President Barack Obama, said he worries that people are discounting Covid numbers as governors decide to reopen their states.  “In Texas, where they removed the mask mandate, fewer than 10% of people have been vaccinated and the levels
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Billionaire investor Mark Cuban has been at the forefront of the wave of interest in blockchain technology, smart contracts and NFTs, or non-fungible tokens. It’s “like the early days of all new tech, the excitement sometimes creates some unique situations,” Cuban tells CNBC Make It. Recently, NFT-based art in particular has been selling for sometimes
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Industry body Ficci on Thursday said the Haryana government’s new legislation that provides reservation in private jobs for local candidates will “spell disaster” for industrial development in the state. Ficci President Uday Shankar said the government’s move to reserve 75 per cent jobs for the local population in private sector will spell disaster for the
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