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Samsung chair acquitted in Korean stock manipulation case
Samsung chairman Jay Y. Lee's legal troubles took a positive turn as a Korean court acquitted him of stock manipulation and accounting fraud charges over a 2015 merger.
Twitter teams up with eToro to make it easier to buy stocks and crypto
It will also expand $Cashtags showing detailed financial data.
Eight charged in $114 million pump-and-dump stock scheme on Discord and Twitter
Eight men have been charged over a $114 million stock manipulation scheme orchestrated through Discord and Twitter.
The 'villain' in Reddit's GameStop investor saga is shutting down
Melvin Capital, the hedge fund 'nemesis' of Reddit's GameStop investors, is shutting down.
Elon Musk accuses the SEC of leaking information against him
Tesla CEO Elon Musk has accused the Securities and Exchange Commission (SEC) or leaking information about a federal probe to retaliate against him
Amazon more than doubles base pay cap for corporate and tech employees
With the US labor market getting tighter and employees changing jobs or quitting in droves, Amazon has made a big move to become more competitive.
Elon Musk says Hertz hasn’t actually ordered 100,000 Tesla EVs yet
Elon Musk tweeted that a 100,000 vehicle order from Hertz is far from firm, saying that "no contract has been signed yet."
PayPal may offer a stock-trading platform in the US
PayPal is “exploring” the idea of allowing its users to trade individual stocks.
Social media bots may have fueled the GameStop stock frenzy
Social media bots may have played a part in the GameStop stock frenzy, according to a study.
Watch Robinhood, Reddit and others testify to Congress over GameStop stocks
In just a few short minutes, Vlad Tenev, the CEO of Robinhood, and Steve Huffman, the CEO and co-founder of Reddit, will testify before the House Committee on Financial Services.
Breaking down Reddit's battle over GameStop's stock
I get it, the story of how Redditors banded together to increase the value of GameStop’s stock is confusing. So we tapped business journalist Mike Futter, author of the GameDev Business Handbook and co-host of the Virtual Economy Podcast, to help us break everything down on the Engadget Podcast.
Engadget Podcast: How Reddit day traders blew up GameStop's stock
Or are they trying to teach the financial industry a lesson? And isn't this just another example of online memes bleeding into reality, leading to potentially disastrous consequences? We also get a bit of context from an anonymous member from the infamous R/WallStreetBets subreddit.
GameStop stock market squeeze attracts attention from Congress
The Senate Committee on Banking will hold a hearing “on the current state of the stock market,” after Reddit’s GameStop squeeze.
Robinhood hit with class action lawsuit after it restricts GameStop stock
Robinhood can now add a class action lawsuit to its growing list of headaches after it said it would restrict users from trading GameStop and other stocks.
Reddit's WallStreetBets is back on Discord after ban (updated)
Discord has banned the server used by the controversial subreddit r/WallStreetBets for repeated violations of the company’s hate speech policies.
Microsoft’s News Bar adds a scrolling news feed to Windows 10
In case you didn't already feel inundated with news, Microsoft is introducing a new app that will display a scrolling news feed across your desktop. News Bar, currently available as a beta for Windows 10, will curate the top regional news from over 4,500 publications, and if you choose, it will include customizable stock info.
NYSE will temporarily move to all-electronic stock trading
If you thought it was incredibly risky to have legions of traders gather at the New York Stock Exchange in light of the COVID-19 pandemic, you're not the only one. Intercontinental Exchange is temporarily closing the physical NYSE floors in New York and San Francisco on March 23rd in favor of all-electronic trading. Business and regulatory oversight will carry on during the usual hours -- traders just won't get to use "open-outcry" (that is, the classic yelling) to buy or sell shares.
UK investigates if cyberattack led to stock exchange outage
UK officials are worried that a London Stock Exchange outage in August wasn't just the glitch that many suspected. Wall Street Journal sources say the GCHQ intelligence agency is investigating the possibility that the failure may have been due to a cyberattack. It's reportedly taking a close look at the associated code, including time stamps, to determine if there was any suspicious activity. The exchange was in the middle of updating its systems when the outage happened, and there's a fear this left systems open to attack.
Square enables free stock trades using Cash App
Square kept introducing new features for its Cash app over the past years until it's no longer just meant for sending and receiving money from friends. Last year, the company launched the ability to instantly buy and sell bitcoin, allowing users to take a chance on cryptocurrency if they want to. Now, Square has revealed that it's rolling out the ability to buy stocks from within the Cash app. Users don't even have to invest money they can't afford losing -- say, over $1,000 to buy a single Google share -- because it'll allow them to buy fractions of stocks for as little as $1.
Microsoft Excel can provide real-time stock data
You might use Excel to track your budget, but your investments? That's less likely when stock prices change from moment to moment. Now, though, you don't have to think much about it. Microsoft has teamed with Nasdaq and market info provider Refinitiv to bring real-time stock data to Excel spreadsheets in Office 365. Type in a stock symbol, click Stocks and you can fill cells with real-time data like the price, last trade times and 52-week highs or lows. They can be used in formulas, too.
