CategoryOp-ed

Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Run

hong kong, bitcoin

By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government. A prominent leader of the protesters called for a run on the banks, urging people to drain their accounts. The call was music to the ears of bitcoin enthusiasts, many of whom...

Facebook Contractor Spies on Horrified Moderators. When Does It End?

mark zuckerberg

Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it was built for, we all get a little closer.” That is the problem, Facebook. It's time to back off. The Intercept just released an exposé detailing how managers at the Austin, Texas outpost have been pressuring trauma counselors to release...

Can Elvis Save Netflix? Content Streamer Shows Signs of Desperation

elvis presley, netflix

By CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent, and groundbreaking content, many of its recent moves feel more like the company is grasping at straws. Elvis the Spy? Netflix has ordered an animated series entitled "Agent King" from Priscilla Presley and ”Archer” writer...

In Billionaire Space Race, Sir Richard Branson Takes the Lead

Richard branson, virgin galactic

By CCN Markets: Who would have thought that the newfangled space race would be funded by nerdy billionaires, one of whom has been knighted? That’s exactly what’s happening and now the countdown has begun to see which will be the first to actually send humans into space on one of their creations. In the running is Elon Musk, who shot a Tesla into space last year. There's also Jeff Bezos, who wants...

'Typical Tesla': Rental Company Shreds Order Over 'Defective' Model 3s

tesla model 3 order canceled by rental car company nextmove

By CCN Markets: A German rental car company has canceled an order for 85 Tesla Model 3 cars after experiencing lousy service and poor performance with the vehicles they had already obtained. It's something other owners have experienced: Tesla Cars: Some Assembly Required The German company, nextmove, is an all-electric vehicle renter and ordered 100 Model 3s. The company complained that the first...

Cringeworthy DOOM Movie Trailer Looks Like a Student Film Project

doom: annihilation movie teaser trailer

By CCN Markets: Did you know there's a movie adaptation of the classic video game DOOM on its way? You probably didn't. We don't blame you for it, and we apologize in advance for letting you know like this. But the second teaser trailer just dropped, in all its cringeworthy glory. Bethesda Disowns Cringeworthy DOOM Movie The first trailer for DOOM: Annihilation came out five months ago, and the...

Time to Panic: Half the World's Economies Are Headed for Recession

By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is a strong possibility of a global recession. Daniel Lacalle, Chief Economist at the Madrid-based investment firm Tressis SV, delivered the news via Twitter: Percentage of inverted yield curves globally exceeds 50%...

PlayStation 5 Has the Potential to Kill the PC Gaming Industry

playstation

By CCN Markets: Sony is expected to pack the PlayStation 5 with high-end specs, but the latest leak indicates that the Japanese giant is going to hit it out of the park. HotHardware reports that one of PS5’s engineering samples that’s being tested reportedly runs at a graphics card clock speed of 2 GHz, according to well-known hardware information provider Komachi. Oberon A0.Gen2 : GFXCLK = 2...

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