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  • If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now after new record high
    Business
    CNBC15 hours ago

    If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now after new record high

    Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. Bitcoin (Exchange: BTC=-USS) was trading as high as $2,185.89 in the early hours of Monday morning, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data. On May 22, 2010, Hanyecz asked a fellow enthusiast on a bitcoin forum to accept 10,000 bitcoin for two Papa John's Pizzas.

  • U.S. top court tightens patent suit rules in blow to 'patent trolls'
    Politics
    Reuters3 hours ago

    U.S. top court tightens patent suit rules in blow to 'patent trolls'

    The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts, a major irritant for high-tech giants like Apple and Alphabet Inc's Google. In a decision that upends 27 years of law governing patent infringement cases, the justices sided with beverage flavoring company TC Heartland LLC in its legal battle with food and beverage company Kraft Heinz Co . The justices ruled 8-0 that patent suits can be filed only in courts located in the jurisdiction where the targeted company is incorporated.

  • Intel vs. AMD: Which Stock Should You Buy Right Now?
    Finance
    Zacks3 hours ago

    Intel vs. AMD: Which Stock Should You Buy Right Now?

    Shares of Advanced Micro Devices AMD slipped more than 4.5% in morning trading Monday after a new report suggested that the company will not, in fact, strike a licensing deal with Intel INTC. On the other hand, AMD—which is a loss-making company at the moment—has only matched the Zacks Consensus Estimate over the last two quarters.