Consumer spending on movies or TV shows rented or purchased electronically jumped 48% in March to $596 million, compared to a year earlier, an entertainment industry group reported. That spending level was the highest monthly revenue so far, showing how shelter in place orders and movie theater closures have driven more people to rent or buy movies and TV shows. The data comes amid an...
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News Analysis crypto
The Best- and Worst-Case Scenarios for Coinbase
The Securities and Exchange Commission’s lawsuit against Coinbase today, alleging a wide range of securities violations, kicks off what will likely be a yearslong legal battle that holds the key to Coinbase’s future. If the SEC wins, it will be all but impossible for the crypto giant to do business in the U.S. The SEC alleges that Coinbase has been operating an unregistered...
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