Coinbase’s revenue dropped 55% in the third quarter to $590 million versus the same period last year as trading volume on the crypto exchange slowed dramatically. But similar to Robinhood, which reported earnings on Wednesday, Coinbase posted significantly higher revenue from interest income, thanks to Federal Reserve interest rates hikes over the past year. Coinbase shares had closed down 8%...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
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Amazon Fresh Hikes Grocery Delivery Fees
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