China Smartphone Shipments Back to Double-Digit Growth in May
China’s smartphone shipments jumped 22.6% in May, accelerating sharply from previous months in a positive sign for the
2023-06-26 16:17
Binance’s Market Share Is Stuck Near One-Year Low
Binance is reeling under the impact of increased regulatory scrutiny, with the exchange platform’s market share languishing near
2023-06-26 14:47
Big Oil’s Pullback From Clean Energy Matters Less Than You Might Think
The world’s five biggest publicly listed oil and gas companies posted just under $200 billion in total profits
2023-06-25 22:56
Eskom Allowed to Sidestep Pollution Reduction Rules at Key Plant
Eskom Holdings SOC Ltd., the world’s biggest sulfur dioxide emitter, has been given permission to bypass pollution abatement
2023-06-24 19:28
Britain Saw A Record Wildfire Season in 2022. It Still Hasn’t Raised Its Game
Even as Britain prepares to bake again this weekend, the country is not geared up any better for
2023-06-24 16:15
IBM Is Close to $5 Billion Takeover of Apptio, WSJ Reports
International Business Machines Corp. is nearing a deal to buy software company Apptio for roughly $5 billion, part
2023-06-24 08:24
Online gamblers raked in thousands on bets against the Titanic sub crew’s survival
Online gamblers bet hundreds of thousands of dollars on whether the submarine that went missing on a recent expedition to the Titanic, in what online critics called a “dystopian” use of digital finance. Since Wednesday, people wagered at least $300,000 on the fate of the vehicle using the crypto platform Polymarket, Mother Jones reports. On the site, betters buy and sell shares on the outcomes of events using cryptocurrency, and can redeem their shares for $1 each if their guesses are correct. Follow the latest updates on the missing Titanic submarine here “For the purposes of this market, the vessel need not have been rescued or physically recovered to be considered ‘found,’” reads the description page for the submarine bets. “If pieces are located, but not the cabin which contains the vessel’s passengers, that will not suffice for this market to resolve to ‘Yes.’” One user, asking only to be identified by his first name, Rich, told Mother Jones he made around $3,250 betting. He argued what he was doing was morally defensible because unlike the regular stock market, it had no impact on the fate of the entity being wagered upon. “My answer would be that markets are fundamentally immoral. There’s no ethical consumption under capitalism,” Rich said. Others weren’t so sure. Social media users racked up thousands of likes criticising such gamblers. “Actually insane,” one commenter wrote. “Imagine making money off of if someone is gonna die or not.” Polymarket defended its offerings on the submarine, arguing that it was a neutral way of calculating the likelihood of a rescue. “If the families were privy to Polymarket, they could use the market as a way to obtain the real-time, unbiased probability of the submarine being recovered,” the company said in an email to Gizmodo. “That is a far more valuable service to them than sensationalist media coverage: with our markets at least they understand the true probabilities.” Bookmakers take bets on nearly everything, from sports to sex tapes, but the industry does have some lines regarding poor taste. According to Betting Gods, a gambling industry tip site, most major bookmakers refused to take bets regarding the death of Queen Elizabeth. “Major bookmakers won’t bet on the Queen dying as it would offend most of its regular customers. Whether they all agree with Britain having a royal family or not, most people would prefer to bet on a variety of other things such as sports,” the site wrote in an article. “When asked the question of why bookmakers won’t bet on what age the queen will die, the spokespeople of all the major bookmakers were unanimous in saying that it was important that people understand where the parameters of bad taste bets can’t be crossed.” Read More US launches prosecutions of Chinese companies on charges of trafficking fentanyl ingredients Titanic sub latest - Coast Guard makes stunning admission about ‘explosion’ when submersible lost contact OceanGate CEO said he was ‘personally insulted’ by ‘baseless cries’ about Titanic sub’s deadly safety flaws Federal court halts ‘suppressive’ Florida drag ban Florida's law targeting drag shows is on hold under federal judge's order Recovery could cost millions as Coast Guard stunningly admits submersible ‘explosion’
2023-06-24 07:46
Twitter Hacker Gets Five Years in Prison for Breaching Accounts of Top US Leaders
A British man was sentenced to five years in prison for his involvement in a social media hack
2023-06-24 06:52
Diablo 4 World Boss Spawn Timer: Best to Use
What source is most dependable for Diablo 4 World Boss Spawns?
2023-06-24 01:28
Carbon Tax for Ships Is Supported by 22 Countries at Paris Summit
More than 20 countries backed a charge on the shipping industry’s greenhouse gas emissions at a global finance
2023-06-24 00:48
Malawi Establishes Agency to Oversee Trade, Marketing of Carbon Credits
Malawi has created an agency to oversee its trade and marketing of carbon emission offsets, President Lazarus Chakwera
2023-06-24 00:22
Hospital Cyber Attacks Surge, Risking Struggling Bottom Lines
Cyberattacks on US hospitals are on the rise, adding a layer of financial pressure onto an industry still
2023-06-23 23:47