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In one of the biggest endorsements of cryptocurrency, Bank of America has initiated coverage of Bitcoin, driving its price past $50,000. Cryptocurrencies have been gaining traction and widespread acceptance, even as traditional finance and governments struggle to adapt. Bank of...

AMC has announced it will start accepting bitcoin as payment by the end of 2021. In an earnings call Monday, AMC CEO Adam Aron said all US theaters would accept bitcoin, for both tickets and concessions, if the purchase is made online. The company plans to have the necessary...

YouTube has provided insight into the state of its content platform, including some impressive figures regarding its revenue and payouts to creators. YouTube is the undisputed king of video platforms. The company recently crossed the milestone of two million creators in its...

Google is continuing to pay Apple to remain the default search engine in iOS, a deal that benefits Apple to the tune billions of dollars. Google is the dominant search engine by far, but it’s hard to know whether that is the result of true technological superiority or through the...

Intel is ramping up its efforts to encourage its employees to get the COVID vaccine, offering a $250 incentive. Companies are increasingly rolling out vaccine mandates for their employees as the Delta variant continues to surge around the world. While Intel has not yet gone that...

GroupM has revised its outlook on the US ad industry, expecting it to grow 15% in 2021, thanks in large part to stimulus spending. 2020 was a difficult year for advertisers, as the global pandemic impacted all sectors of the economy. GroupM had previously predicted a 12% growth...

Volkswagen has disclosed a data breach with one of its vendors, impacting some 3.3 million North American customers and prospective buyers. Volkswagen is currently the largest auto maker in the world, and has been for several years. Like many companies, however, VW uses outside...

Salesforce announced that it is buying Slack for $27.7 billion in cash and stock. The company says that combining Slack with Salesforce Customer 360 will be transformative for customers and the industry. They say that the combination will create the operating system for the new...

Investment bank Cowen is predicting Apple News+ will account for $2.2 billion in revenue and have some 19 million users by 2023. Apple News+ is the company’s subscription-based news service that provides news and magazines from popular sources. Many of the nation’s largest...

Microsoft may lose out on its $10 billion JEDI contact, but it just scored a $21.9 billion contract to provide the US Army with augmented reality (AR) headsets. Unlike virtual reality (VR), which creates a completely immersive environment, AR augments the real world with virtual...