Financial

Ohio tackles COVID-19 vaccine hesitancy with $1m lottery incentive

Ohio tackles COVID-19 vaccine hesitancy with $1m lottery incentive

Government officials in Ohio have a new plan that may increase the COVID-19 vaccination rate in the state: get vaccinated and you'll have a shot at getting a $1 million reward. The new incentive was announced today by Ohio Governor Mike DeWine, who said that every week for five weeks, an adult who was vaccinated in the state will be rewarded with $1 million.

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Tesla no longer accepts Bitcoin payments, explores other crypto options

Tesla no longer accepts Bitcoin payments, explores other crypto options

As cryptocurrency enters the mainstream and demand for the digital assets increases, society is increasingly forced to reckon with its dark side: the fossil fuels used to mine Bitcoin and others like it. That issue is behind Elon Musk's announcement that Tesla has dropped support for Bitcoin as a payment option.

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Walmart acquires MeMD, paving the way for new telehealth services

Walmart acquires MeMD, paving the way for new telehealth services

Walmart has announced the acquisition of MeMD, a telehealth services provider, a business move that will benefit the company's Walmart Health division. With the platform, Walmart Health will be able to offer virtual telehealth services across the US, according to the company, in addition to its in-person centers. The change will come 'over the coming months.'

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Nintendo’s juggernaut year by the jaw-dropping numbers

Nintendo’s juggernaut year by the jaw-dropping numbers

Nintendo today shared its financial results for the fiscal year ended March 31st, 2021, and its safe to say that it was a very good year for the company. Fueled by the COVID-19 pandemic keeping everyone at home for the majority of the fiscal year and probably combined with the fact that next-gen consoles from Sony and Microsoft have been hard to find since launch, the Switch had a stellar year, finishing with life-to-date shipments of 84.59 million units.

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Coinbase now supports using PayPal to buy cryptocurrencies

Coinbase now supports using PayPal to buy cryptocurrencies

Popular cryptocurrency app Coinbase has added support for funding your account using PayPal in addition to its existing options. This new support makes it much easier for users to add currency to their account, which can then be used to purchase Bitcoin, Ethereum, or one of the other many digital coin assets offered by the platform.

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Apple Q2 2021 record quarter saw revenue surge 54% to $89.6bn

Apple Q2 2021 record quarter saw revenue surge 54% to $89.6bn

Apple has announced the financial results for its second fiscal quarter of the year, noting that it once again hit multiple new records, including a 54-percent revenue increase for the quarter ending in March. As anticipated, international sales accounted for the majority of the quarter's revenue at 67-percent.

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Venmo app adds support for buying and selling popular cryptocurrencies

Venmo app adds support for buying and selling popular cryptocurrencies

Venmo is the latest financial app to get into the cryptocurrency market. The PayPal-owned platform has launched a new crypto market feature that enables its users to buy, sell, and hold various cryptocurrencies directly in their account, simplifying the process for users who may otherwise be confused about how to set up and use a dedicated wallet app.

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Apple Card Family allows family members to build credit, share credit lines

Apple Card Family allows family members to build credit, share credit lines

A couple of years ago, Apple stepped into the realm of financial services by introducing the Apple Card. While we weren't necessarily expecting the Apple Card to make an appearance at today's Spring Loaded event, Apple CEO Tim Cook actually opened the show by making an announcement about the credit card. Today, Apple revealed a new feature called Apple Card Family, which will allow spouses and partners to not only share Apple Cards, but also to build credit history together.

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Signal tests private payments using MobileCoin cryptocurrency

Signal tests private payments using MobileCoin cryptocurrency

Encrypted privacy-centric messaging app Signal has announced a beta test called Signal Payments. As the name suggests, this new beta involves testing a beta feature that lets users send and receive money through the app -- though, in this case, the transactions involve a private cryptocurrency called MobileCoin.

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Pinterest tipped in talks to buy photo-sharing app VSCO

Pinterest tipped in talks to buy photo-sharing app VSCO

The anti-Instagram, VSCO, may be acquired by photo board company Pinterest, according to a new leak. Though the sources caution that a deal may not ultimately materialize, they claim that talks are taking place between the two companies about a potential acquisition, one that would put VSCO under Pinterest's control.

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SEC accuses trader of using Twitter to hype stocks with false claims

SEC accuses trader of using Twitter to hype stocks with false claims

The Securities and Exchange Commission (SEC) has announced charges against a California man accused of using Twitter to spread false claims about a 'defunct company' after purchasing millions of shares. This alleged 'pump and dump' scheme, according to the SEC, involving the tweeting of 'false statements' about Arcis Resources Corporation (ARCS), which was involved with the cannabis market.

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India’s cryptocurrency hostility may soon lead to an outright ban

India’s cryptocurrency hostility may soon lead to an outright ban

India's government has been vocal about its hostility toward cryptocurrencies like bitcoin, and it seems things may be once again heating up. According to a new report, the nation's government may be planning to introduce a bill soon that, if passed, would ban all cryptocurrencies in India, including mining, potentially under the penalty of fines and prison time.

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