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Shots fired:Amazon acquired Selz, a Shopify competitor that helps small businesses build online shops.

Bitcoin skepticism A poll of senior finance executives this month by Gartner shows 84% do not plan to ever hold bitcoin as a corporate asset—Tesla’s purchases notwithstanding. The reason: bitcoin’s volatility poses a financial risk. Bloomberg

"The only reason to be bearish is... there's no reason to be bearish" - BofA

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Texan grid Turns out California isn't the only state whose power grid can topple in adverse weather conditions. Texas suffered rolling blackouts yesterday during a rare winter storm, with around 2 million homes being without power. The weather forced natural gas and coal-fired plants offline...

Pfizer hack South Korea's spy agency has alleged that North Korean hackers tried to steal vaccine technology from Pfizer—which rather spoils the story Kim Jong Un has been spinning about there being no COVID-19 cases inside the pariah state. AFP

“Bottom line: the only reason to be bearish is…there is no reason to be bearish” - BofA Fund Manager Survey

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Maryland is the first state to tax digital advertising... with a levy of up to10% on revenue for firms making $100m+. Facebook and Google are a little bit above this threshold, with respective digital ad revenues of $84B and $147B last year.

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https://www.motherjones.com/politics/2021/02/black-rifle-coffee-company/

Citadel and Reddit Executives Expected at GameStop Hearing (The New York Times) Kenneth C. Griffin, the billionaire hedge fund manager, may be among the executives who testify at next week’s Congressional hearing about the recent madcap trading in shares of GameStop that bruised many big...

"When the debate is lost, slander becomes the tool of the loser." - Socrates

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“Liquidity is a coward; it disappears at the first sign of trouble.” - old Wall Street saying

Michael Hintze (Illustration by Jeremy Leung/II) CORNER OFFICE Famed Hedge Fund Firm CQS Is Surviving —But Not Because of Its Hedge Funds Michael Hintze explains himself. By Amanda Cantrell February 11, 2021 For a man whose flagship hedge fund was down more than 50 percent at one point last...

BNY Mellon crypto Bank of New York Mellon, the U.S.'s oldest bank, said it will become the first global bank to provide an integrated service for digital assets, i.e. cryptocurrencies, i.e. Bitcoin. Here's the bank's asset servicing CEO, Roman Regelman: "Growing client demand for digital...