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(Reuters) - Warren Buffett on Saturday likened the millions of inexperienced day traders who entered the stock market in the past year to gamblers, and said commission-free brokerages such as Robinhood Financial for promoted a casino-like atmosphere.
The Covid-19 pandemic has increased interest in Bitcoin, especially among millennials.
Gambling was outlawed in mainland China by the Communist Party when it took over in 1949, but is making a comeback via websites and apps aimed at Chinese customers and based offshore.
It’s been left for dead more than once, written off as nothing but a bubble and denounced as rat poison by one of the world’s most famous investors. Yet Bitcoin is once again staging a comeback reminiscent of the token’s glory days, with evangelists pegging their hopes on a technical event as the new catalyst.
With much of the US and Europe in lockdown, video game use has exploded.
A century after the Black Sox scandal that tarnished the World Series and ushered in major changes in baseball, the notion that millionaire ballplayers would take money to throw a game – much less the World Series – is all but unthinkable. But that doesn't mean cheating in baseball is a thing of the past.
The makers of online videogaming sensation Fortnite were accused Oct 5 of designing it to be addictive, in a Canadian class action lawsuit likening playing to taking cocaine.
Two Democratic US senators called for the Federal Trade Commission to act on a complaint filed by consumer groups against Facebook Inc on Thursday that alleged the company scammed children into spending money on its platform.
US Federal Trade Commission chairman Joseph Simmons on Nov 28 said he would investigate videogame loot boxes to ensure that children are being protected and parents are educated on the matter.
Madison Keys was the US Open runner-up last year and a French Open semifinalist last month, is considered a contender at Wimbledon right now and, still, total strangers insult her, sometimes with menacing or obscene language, on a regular basis via social media.