Author: Anthony M. Orbison
(Reuters) -A U.S. judge ruled on Friday in favor of Meta Platforms (NASDAQ:)’ WhatsApp in a lawsuit accusing Israel’s NSO Group of exploiting a bug in the messaging app to install spy software allowing unauthorized surveillance. U.S. District Judge Phyllis Hamilton in Oakland, California, granted a motion by WhatsApp and found NSO liable for hacking and breach of contract. The case will now proceed to a trial only on the issue of damages, Hamilton said. NSO Group did not immediately respond to an emailed request for comment. Will Cathcart, the head of WhatsApp, said the ruling is a win for…
The NFT market has shown strength amid crypto market volatility, according to the latest data from CryptoSlam. The total sales volume has reached $302.2 million — a notable 32.93% increase. This is an evident spike from last week’s $224 million sales. This surge has been accompanied by growth in market participation. The market metrics show strong expansion across all key indicators: NFT buyers have nearly doubled with a 92.39% increase to 349,972 NFT sellers have grown significantly by 77.18% to 207,672 NFT transactions have shown a healthy growth of 7.28% to 1,651,950 Ethereum dominance strengthens The Ethereum (ETH) NFT blockchain…
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Home buyers have been waiting for mortgage rates to drop enough to make buying a home more affordable. While rates have declined modestly from their peak in October 2023, most buyers haven’t seen enough change to prompt market activity.The Fed recently announced its third interest rate cut in 2024, but mortgage rates haven’t been impacted much. In fact, weekly mortgage rates have ticked upwards since October despite rates coming down year-over-year.Personal finance expert Dave Ramsey shared his prediction for how mortgage rates will change next year, and it may surprise buyers.🏦 🏡 Don’t miss the move: SIGN UP for TheStreet’s…
Crypto exchange-traded funds (ETF) changes, such as in-kind redemptions and staking permission for Ethereum (ETH) products, are likely to happen “early on” under a new US Securities and Exchange Commission (SEC) administration.SEC Commissioner Hester Peirce shared during an interview for Coinage that these matters may arrive for a regulator review as soon as Paul Atkins takes the role of chairperson. She added:“I’m open to reconsidering both in-kind [redemptions] and staking to think about, again, how can you allow people to design the products in a way that is most useful to the investors in those products.”Peirce, commonly known as the…
Wall Street analysts had hoped the housing market would show signs of life in 2024. Instead, it remained stagnant. The reason is largely tied to mortgage rates’ bumpy path this year alongside low supply and record home prices. In January, the average 30-year fixed mortgage rate was hovering around 6.6%, according to Freddie Mac. Now, despite ups and downs, the rate is hovering around the same level. It was 6.72% in the week through Wednesday, compared with 6.6% a week earlier, according to Freddie Mac data. Since the cost of borrowing hasn’t gotten any cheaper, it hasn’t triggered any significant…
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Este artículo también está disponible en español. The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49. However, the token rebounded swiftly, stabilizing at approximately $4.55, representing a 12.8% increase from the week’s low and just 8.9% shy of its record price, SUI Surges Amid Market Volatility In stark contrast, major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have continued to experience downward…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WhatsApp has prevailed against Israeli spyware maker NSO Group in a US lawsuit over NSO’s abuse of the messaging app to enable the infiltration of the phones of journalists, activists and dissidents with its Pegasus hacking tool. A judge in the Northern District of California ruled on Friday that NSO breached hacking laws and the terms of its service agreement with WhatsApp by using the messaging platform to inject more than 1,000 devices with its Pegasus spyware. The ruling in the civil case did…
As 2024 comes to an end, several Las Vegas Strip residencies have also been closing at several hotel-casino theaters.Wynonna Judd just finished her Greatest Hits Anniversary Tour residency in Apollo Global Management’s (APO) Venetian Theater at the Venetian Resort Las Vegas with a final show on Dec. 14. 💸💰 Don’t miss the move: Subscribe to TheStreet’s free daily newsletter 💰💸One of the biggest residencies on the Strip over the last two years was Adele’s “Weekends With Adele” residency, which opened on Nov. 18, 2022, and closed on Nov. 23. 2024, at the Colosseum at Caesars Palace after 100 shows.Related: Las…