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Cryptocurrency:

Surrey computer scientist who claims he created Bitcoin launches legal action

Dr Craig Wright says he used the pseudonym Satoshi Nakamoto to publish an academic paper in 2008

Amanda Seyfried, Kaley Cuoco and Cynthia Erivo go glam for 2021 Critics Choice Awards

Amanda Seyfried, Kaley Cuoco and Cynthia Erivo were among the famous faces upping the style stakes for the 2021 Critics Choice Awards.

Latest stories

  • Anthony Davis scores 4 points in limited return from calf strain

    AD was rusty in his first game in two months.

  • Asia Stocks Mixed After Tax Proposal Riles U.S.: Markets Wrap

    (Bloomberg) -- Asian stocks fluctuated and futures rallied Friday following broad-based declines in U.S. benchmarks as investors weighed a proposal for higher taxes on the wealthy to help pay for President Joe Biden’s social plan.Shares were steady in China and rose in Hong Kong. Weakness in Japan weighed on MSCI, Inc.’s regional gauge. U.S. contracts edged up after the steepest decline in five weeks for the S&P 500 Index on a Bloomberg News report that the Biden administration is considering raising the tax on capital gains to 39.6% for those earning more than $1 million a year.Oil pared a weekly loss as traders considered signs of recovering demand in the U.S. and setbacks in key markets where spikes in virus cases are further constraining activity. Treasury bonds and the dollar dipped.“We don’t think it derails the equity market recovery,” said Nupur Gupta, portfolio manager at Eastspring Investments, said of the tax proposal on Bloomberg TV. “Equity sentiment does appear to be stretched, which is why any negative news that you get can lead to a consolidation in markets in the short term.” Investors are weighing the implications of higher taxes against the potential growth benefits of a spending program focused on infrastructure. While loose central bank policy is helping support stocks near record highs, these levels look precarious given worsening news about the spread of Covid-19 in parts of the world.Traders are also following a mixed batch of earnings reports. AT&T Inc. jumped Thursday after beating estimates, while Intel Corp. -- the biggest chipmaker -- slid after hours on a slump in gross profit margin.Elsewhere, Bitcoin slid below $50,000, headed for its seventh loss in eight days. Investors already face a capital-gains tax if they hold the cryptocurrency for more than a year.The U.S. releases new home sales data later on Friday.These are some of the main moves in markets:StocksS&P 500 futures climbed 0.2% as of 12:30 p.m. in Tokyo. The index fell 0.9%.Japan’s Topix Index was down 0.6%.The Shanghai Composite was steady.The Hang Seng climbed 0.8%.South Korea’s Kospi Index edged 0.1% higher.Australia’s S&P/ASX 200 Index dipped 0.2%.CurrenciesThe Bloomberg Dollar Spot Index was down 0.1%.The euro was 0.1% higher at $1.2023.The Japanese yen held around 107.95 per dollar.BondsThe yield on 10-year Treasuries rose two basis points to 1.56%.Australia’s 10-year yield was four basis points higher at 1.74%.CommoditiesWest Texas Intermediate was up 0.6% at $61.81 a barrel.Gold was 0.2% higher at $1,787 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • VALORANT's upcoming new map is a tropical paradise called Breeze

    VALORANT developer Riot Games first teased the upcoming release of the map on Tuesday n a post on the game's official Twitter account, which showed an image of what seemed to be a peaceful beachside resort.

  • Newsmax Host: Did Fox Cancel Dobbs to Cover Up Murdoch Ties to China?

    NewsmaxNewsmax continued its largely one-sided feud with Fox News on Thursday night when host Grant Stinchfield speculated that longtime Fox star Lou Dobbs was benched by the network in an effort to hide its close ties and dealings with China.“Fox News continues to disappoint conservatives across America. I want to know, why did Fox News can Lou Dobbs?” Stinchfield rhetorically asked Thursday evening.Dobbs’ long-running and highly-rated Fox Business show was abruptly canceled in early February, just a day after a voting software company named Dobbs and other Fox hosts in its $2.7 billion defamation lawsuit against the network. Dobbs, one of Fox’s loudest boosters of former President Donald Trump’s election denialism and voter fraud lies, has not appeared on any Fox programming since his show’s cancellation. The network, for its part, said the show’s demise was due to “planned changes.”Stinchfield, however, suggested that Dobbs’ hawkish attitude towards China and rabid support for Trump’s foreign policy stance is the real reason why the ultra-conservative host is no longer on Fox airwaves.Newsmax host claims Fox News may have benched Lou Dobbs to cover up Fox and Murdoch ties to China, including "Rupert Murdoch's third wife" pic.twitter.com/cSux3SNGzV— John Whitehouse (@existentialfish) April 23, 2021 “I have come to the conclusion Fox News no longer supports President Trump’s America first principles, which is why they couldn’t stand Lou Dobbs on their air,” he blared.“Maybe Fox News banishing Dobbs from their network is more sinister,” Stinchfield continued. “Maybe it’s about China. The Murdochs’ investments and business ties to that rogue nation, maybe that’s what this is about.”Laying out his theory, the primetime Newsmax host eventually brought up the fact that Murdoch’s third wife—they have since divorced—is “a mainland Chinese,” adding that “Murdoch’s own Wall Street Journal raised the question, could she be a Chinese spy?” and noting she’s “well-known for managing elite connections in China.”Furthermore, he said, it is “well known the Murdochs have spent decades trying to capitalize off the Chinese media market.”“Maybe, this is why Fox News could not tolerate Lou Dobbs doing this,” Stinchfield concluded, throwing to a montage of Dobbs trashing China.This isn’t the first time that Newsmax has tried to capitalize on Fox’s cancellation of Dobbs in an effort to appeal to conservative viewers. Days after the pro-Trump Fox host’s benching, Newsmax anchor Rob Finnerty suggested Dobbs was dumped because he supported Trump while mocking Fox’s then struggling ratings.Openly embracing election denialism, the fledgling right-wing channel briefly saw its ratings skyrocket after the 2020 election as it openly courted disgruntled Trump supporters angry with Fox News acknowledging President Joe Biden’s victory. Following Biden’s inauguration, however, Newsmax has seen its ratings collapse, and Fox News insiders once again see the network as “a non-threat and essentially irrelevant.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • Fire in COVID-19 hospital kills 12 as India struggles with huge second wave

    A fire in a hospital treating COVID-19 patients in India killed a dozen people on Friday, a fire official said, as the country struggles to cope with the world's biggest surge of daily coronavirus infections since the pandemic began last year. Health officials across northern and western India, including the capital, New Delhi, said they were in crisis, with most hospitals full and running out of oxygen. "Twelve people have died in the fire, according to the information we have right now," a fire official said about the blaze that began in a critical care unit of the Vijay Vallabh hospital in a suburb of the city of Mumbai.

  • Cubs beat Mets 4-3 on Heyward's single in 10th

    Jason Heyward had a game-ending, pinch-hit single in the 10th after Dan Winkler stranded the bases loaded in the top of the inning, and the Chicago Cubs beat the New York Mets 4-3 Thursday night to complete a three-game sweep. Kris Bryant had two hits and two RBIs and Willson Contreras also drove in a run as Chicago beat the Mets for the seventh straight time dating to June 2019.

  • Bitcoin Drops Below $50,000 Amid Tax and Momentum Concerns

    (Bloomberg) -- Bitcoin declined for the seventh time in eight days, extending losses after President Joe Biden was said to propose almost doubling the capital-gains tax for the wealthy.The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. JPMorgan Chase & Co. and Tallbacken Capital Advisors LLC had recently warned there was potential for further downside after the largest cryptocurrency fell back from its record high of $64,870 on April 14 and took out key technical levels.“Bitcoin has slipped below the 50-day moving average support that it held sacrosanct through this rally,” said Pankaj Balani, CEO of Delta Exchange. “It looks like there is more downside here.”Read more: Wall Street Starts to See Weakness Emerge in Bitcoin ChartsTax concerns may be weighing, too. U.S. investors in the digital asset, which has advanced more than 70% this year despite its recent pullback, already face a capital gains tax if they sell the cryptocurrency after holding it for more than a year. But the coin’s been one of the best-performing assets in recent years -- anyone who bought a year ago is sitting on a nearly 575% gain. For investors who bought in April 2019, it’s roughly 800%.“One of the biggest things you have to worry about is that the things with the biggest gains are going to be most susceptible to selling,” said Matt Maley, chief market strategist for Miller Tabak + Co. “It doesn’t mean people will dump wholesale, dump 100% of their positions, but you have some people who have huge money in this and, therefore, a big jump in the capital gains tax, they’ll be leaving a lot of money on the table.”The IRS has stepped up enforcement of tax collection on crypto sales. The agency -- which began asking crypto users to disclose transactions on their 2019 individual tax returns -- asks taxpayers whether they “received, sold, sent, exchanged or otherwise acquired any financial interest in any digital currency.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Vlogger Jeff Wittek Opens Up About Accident Involving David Dobrik That Almost Killed Him

    In the second episode of a tell-all documentary series about his experiences with the Vlog Squad, Wittek shows footage from the accident that left him with a serious head injury

  • Desperate hunt for missing Indonesian submarine as oxygen set to run out

    Rescue aircraft and ships scoured the sea north of Bali on Friday as the hunt for a missing Indonesian submarine with 53 crew on board reached a critical phase due to limited supplies of oxygen aboard the 44-year-old vessel. More navy ships left the Indonesian base of Banyuwangi early on Friday to head to the Bali Sea where contact was lost with the KRI Nanggala-402 on Wednesday during a torpedo drill. "The main priority is the safety of the 53 crew members," President Joko Widodo said late on Thursday, calling for an all-out effort to find the vessel.

  • Thai Buddhist sect attempts world record with 330,000 candles

    Buddhist monks chanted around a spaceship-shaped golden shrine, as a controversial Thai sect burned 330,000 candles attempting a Guinness World Record for the largest flaming image on Thursday -- all to commemorate Earth Day.

  • Wild horses flourish in Chernobyl 35 years after explosion

    Down an overgrown country road, three startled wild horses with rugged coats and rigid manes dart into the flourishing overgrowth of their unlikely nature reserve: the Chernobyl exclusion zone.

  • Vicor Corp (VICR) Q1 2021 Earnings Call Transcript

    VICR earnings call for the period ending March 31, 2021.

  • DMC Global Inc. (BOOM) Q1 2021 Earnings Call Transcript

    Image source: The Motley Fool. DMC Global Inc. (NASDAQ: BOOM)Q1 2021 Earnings CallApr 22, 2021, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, ladies and gentlemen, and welcome to the DMC Global first quarter earnings call.

  • Associated Banc-Corp (ASB) Q1 2021 Earnings Call Transcript

    Good afternoon, everyone, and welcome to Associated Banc-Corp's First Quarter 2021 Earnings Conference Call. As you can see from the chart on the right, the most significant drop in our realized yields was in our residential mortgage portfolio, which came down by 21 basis points, reflecting the impact of prepayments and refi activity on the books.

  • Knowles Corporation (KN) Q1 2021 Earnings Call Transcript

    Mike Knapp, please go ahead. Forward-looking statements in this call will include comments about demand for company products, anticipated trends in company sales, expenses and profits and involve a number of risks and uncertainties that could cause actual results to differ materially from current expectations.

  • Grey's Anatomy : Meredith Grey & Derek Shepherd Have a Wedding Moment Before Saying Goodbye Again

    Meredith Grey shared her final moments with late husband Derek Shepherd before waking up after her long battle with COVID-19

  • Verisign Inc (VRSN) Q1 2021 Earnings Call Transcript

    At this time, I would like to turn the conference over to Mr. David Atchley, Vice President of Investor Relations and Corporate Treasurer. Joining me are Jim Bidzos, Executive Chairman and CEO; Todd Struby, President and COO; and George Kilguss, Executive Vice President and CFO.

  • CalAmp Corp (CAMP) Q4 2021 Earnings Call Transcript

    Image source: The Motley Fool. CalAmp Corp (NASDAQ: CAMP)Q4 2021 Earnings CallApr 22, 2021, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to CalAmp's Fourth Quarter 2021 Financial Results Conference Call.

  • Seagate Technology PLC (STX) Q3 2021 Earnings Call Transcript

    STX earnings call for the period ending March 31, 2021.

  • Sandy Spring Bancorp Inc (SASR) Q1 2021 Earnings Call Transcript

    At this time, I would like to turn the conference call over to Mr. Dan Schrider. Thank you for joining us for our conference call to discuss Sandy Spring Bancorp's performance for the first quarter of 2021. This is Dan Schrider speaking, and I'm joined here by my colleagues Phil Mantua, Chief Financial Officer; and Aaron Kaslow, General Counsel for Sandy Spring Bancorp.