Business COVID 19

The epic GameStop short squeeze continues to roil global markets—even Bitcoin is off

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. With the exception of the dollar, the screens are a blur of red this morning. Bitcoin, crude, gold, global stocks, U.S. futures—they’re all faltering. Not even Reddit bulls can […]

Business COVID 19

Forget Bitcoin—GameStop just topped $300 in pre-market trading

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Global stocks and U.S. futures are fairly quiet ahead of a busy day of corporate earnings from the likes of Apple, Tesla and Facebook. The big action again this […]

Entertainment

Larry King’s Sons Open Up About Their Father’s Death: ‘We Will Miss Him Every Single Day Of Our Lives’

Larry King’s sons—Larry King Jr., Chance King, and Cannon King—have spoken out following the death of their father. In a joint statement posted to Facebook on Saturday evening, the TV legend’s three children opened up about what it is what like to be raised by such an iconic figure and “an amazing father,” saying: “We […]

Tech

Facebook calls in its Oversight Board to rule on Trump ban

Enlarge / Facebook’s Menlo Park, California, headquarters as seen in 2017. (credit: Jason Doiy | Getty Images) Facebook’s Oversight Board is getting its highest-profile case yet, as the company kicks its decision to boot former-President Donald Trump off its platforms to the largely untested “Supreme Court” of social media for review. Facebook suspended Trump’s Facebook […]

Business

Why Big Tech regulation is good for private equity, according to one CEO

Increased scrutiny of Big Tech’s power may have some shareholders sweating it. But not so for private investors. With a new Biden administration and recent threats to crack down on some of the biggest tech behemoths (from Facebook to Amazon), there seems to be support for more regulation. And according to alternative investment manager Hamilton […]

Entertainment

Ronnie Spector Opens Up About Ex Phil Spector’s Death: ‘A Brilliant Producer, But A Lousy Husband’

Ronnie Spector is opening up about her ex-husband Phil Spector after the legendary music producer passed away at the age of 81 on Saturday. After the news of his tragic death broke out, the Ronettes front-woman paid tribute to the musician on social media with a throwback photo of each other in the recording studio. […]

Business

WhatsApp delays privacy policy changes after users defect to rivals Signal and Telegram

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Facebook is delaying a privacy update to its WhatsApp messaging service after users started defecting to rival services like Signal and Telegram because of fears of the changes. WhatsApp is moving its privacy policy update […]

Tech

Facebook will pay more than $300 each to 1.6M Illinois users in settlement

Enlarge / You see Facebook, Facebook sees you… (credit: Chris Jackson | Getty Images) Millions of Facebook users in Illinois will be receiving about $340 each as Facebook settles a case alleging it broke state law when it collected facial recognition data on users without their consent. The judge hearing the case in federal court […]

Business

The risk of future violence

Tech companies are taking vastly different approaches to managing the threat of future violence following the riots at the U.S. Capitol last week. On Wednesday, Airbnb announced that it is cancelling and blocking reservations within the Washington, D.C., area during the week of President-Elect Joe Biden’s inauguration. Brian Chesky, Airbnb’s CEO, tweeted the news saying […]

Business

Tech CEOs grapple with the risk of future violence

Tech companies are taking vastly different approaches to managing the threat of future violence following the riots at the U.S. Capitol last week. On Wednesday, Airbnb announced that it is cancelling and blocking reservations within the Washington, D.C., area during the week of President-Elect Joe Biden’s inauguration. Brian Chesky, Airbnb’s CEO, tweeted the news saying […]