money

Tax day changed in USA, refunds apparently unaffected

Tax day changed in USA, refunds apparently unaffected

Novel Coronavirus, COVID-19 fallout has created a situation in which tax day in the USA needed a change. Generally the official filing deadline for all tax return documents is April 15. An announcement from Treasury Secretary Steven Mnuchin today... made via Tweet... changed the date from April 15 to July 15, 2020.

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Verizon waiving some fees for next 60 days, but probably not yours

Verizon waiving some fees for next 60 days, but probably not yours

Today we're taking a peek at what Verizon will and will not likely do in light of the global pandemic and national emergency that is COVID-19 (novel coronavirus) here in the USA. Verizon's released some information on how they'll respond for certain customers, and have given assurances that they're doing everything in their power to keep people connected in this time of increased network traffic. What's important here - at the moment - is the ease with which the "help" Verizon can/will give will be used by the average everyday consumer.

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Delta cuts 40% flight capacity for coronavirus

Delta cuts 40% flight capacity for coronavirus

Today Delta CEO Ed Bastian sent an internal letter with a list of actions that'll be taken to "protect the financial position of the company". This set of actions includes an "overall capacity reduction in the next few months of 40 percent - the largest capacity reduction in Delta's history, including 2001." While the company will maintain service to London, England, they're also complying with the 30-day ban on travel to and from continental Europe announced the night of March 12th (Wednesday).

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Bitcoin just crashed in a major way

Bitcoin just crashed in a major way

This morning the USD/BTC Bitcoin pairing crashed in a significant way, showing that even the digital currency is not immune to COVID-19 panic*. COVID-19 is the official name of novel coronavirus, the disease that's spread from the Wuhan province of China across the planet over the past several weeks and months. Bitcoin crashed from around $8k to under $6k in the past 24 hours.

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How ostrich eggshell beads fueled one of humanity’s first social networks

How ostrich eggshell beads fueled one of humanity’s first social networks

Thirty-three thousand years ago, on the southern tip of the continent Africa, ostrich eggs were carved into beads and kept as ornamentation. These beads held value - they weren't just worn around necks for fun. As research published this week shows, humans shared these beads with one another, allowed these beads to play a significant role in their life - especially when it came to the reaffirmation of important relationships.

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Report: iPhones are a bad investment, Android phones doubly so

Report: iPhones are a bad investment, Android phones doubly so

Much like investing in an automobile, smartphones lose value as soon as you drive them off the car lot. With the exception of rarities and some vintage bits of tech, smartphones of all sorts lose value over time. A report this week from a smartphone resale company showed data suggesting that Android smartphones lose their value at twice the rate of iOS smartphones - aka iPhones.

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Stock market circuit breakers halt trading to avoid COVID-19 crash

Stock market circuit breakers halt trading to avoid COVID-19 crash

Today stocks fell significantly today at a rapid pace, causing certain "circuit breakers" to activate. As the S&P fell more than 7% after the starting bell. This is "limit down", the first of the day, that starting trading below the set level for 15 minutes. Trading resumed at 9:49 am ET, and it was clear that fears of oil barrel prices falling and reaction to coronavirus (COVID-19) continued to spread.

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COVID19 pushes investors to “stay at home” stocks like Netflix and Blizzard

COVID19 pushes investors to “stay at home” stocks like Netflix and Blizzard

The rising tide of novel coronavirus (COVID19) fear is generating an interesting effect on investor dollars. Where this week we've already seen major dips in oil prices* and the DOW Jones Industrial Average*, your average "stay at home" company seems to be fairing quite well. A note shared by investor company MKM Partners pointed toward companies such as Netflix, Facebook, Amazon, Peloton, Slack, and Zoom.

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Twitter acquired Chroma Labs, expect Stories later this year

Twitter acquired Chroma Labs, expect Stories later this year

Twitter just acquired a group of creators operating under the title Chroma Labs. They started their business in 2018 and quickly came to prominence with their Chroma Stories app. This app allowed users to easily create high quality "story" videos for sharing on multiple platforms, including Facebook, Instagram, and Twitter. Twitter saw their value and moved in for the team-up.

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Genuine Apple Sneakers resurface, reminding us of a very real past

Genuine Apple Sneakers resurface, reminding us of a very real past

Today we're looking at a pair of "Apple Computer Sneakers, late 20th century" that've appeared in a "collectables" auction. As the auction listing suggests, these sneakers were "produced by Apple exclusively for their employees in the early 1990s." Of course the story of these sneakers isn't quite so simple. We dug a bit deeper to find the source... or multiple sources.

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Nintendo PlayStation auction calls for the cult

Nintendo PlayStation auction calls for the cult

There's a Sony/Nintendo PlayStation prototype up for auction right now that'll end up going for many thousands of dollars by the time it's over. We've got devices today from both Sony and Nintendo that are far more powerful, more capable, more usable in every way. New devices don't look like the beige monstrosities of the early days of personal computers - that's not this, but this is not about that. This is about proof that the ephemeral world of gaming has a strange, awesome past.

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1989 Damien Hirst USD$1k medicine cabinet could sell for millions in 2020

1989 Damien Hirst USD$1k medicine cabinet could sell for millions in 2020

This January of 2020 an auction is set to take place with a set of artworks from several artists, one of whom is Damien Hirst. Of interest in this auction is a relatively old Damien Hirst artwork by the name of "Bodies", originally sold in the year 1989. The artwork is one of the first 4 medicine cabinets that'd eventually make a suite of 12, and it was purchased for a sum of £600
- converting that amount in 1989 to dollars hits around USD$1k.

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