Bitcoin Plunges, and Softbank's Deadline on Uber Looms Large
Bitcoin prices plunged Thursday after South Korean regulators announced a crackdown. Among the changes: a ban on anonymous crypto accounts and the added authority to shut down exchanges if needed.
And Softbank's offer to take what could be a 14% stake in Uber expires at 3 pm ET. We'll be watching whether the Japanese conglomerate can get enough willing shareholders to get behind the deal.
Plus Apple CEO Tim Cook got a 47 percent pay raise for its fiscal year. But his new $12.8 million salary, as large as it is, pales in comparison to his stock compensation. That added nearly $90 million to his net worth.
And Cheddar Scoops! Snapchat is developing "Stories Everywhere," which will allow users to post content to other websites and apps. You heard it first here on Cheddar!
President Joe Biden on Wednesday announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.
The challenges of finding a job are different for everyone, especially for the neurodiverse community, which often includes those who have autism or ADHD. The docuseries Ready4Work follows a job seeker who is neurodivergent.
An organizer estimated that more than 300 locations have been impacted, while a Walgreens spokesman said no more than a dozen pharmacies saw disruptions.
