New Survey Shows How Bitcoin Is Giving PayPal a Boost

Just three weeks after PayPal  (PYPL) – Get Report began allowing all of its U.S. users to trade Bitcoin, it looks like a substantial fraction of its user base has already taken the company up on its offer.

Mizuho Securities recently surveyed 380 U.S. PayPal users, and found that 17% of them have already traded Bitcoin via their PayPal accounts. In addition, 65% of those who had traded Bitcoin via PayPal said that they’re willing to use the cryptocurrency to buy goods and services.

What’s more — though this number is influenced by the fact that Bitcoin traders appear to be more active PayPal users to begin with — those trading Bitcoin via PayPal were said to be using the PayPal app more than three times as much as non Bitcoin-traders. And about half of the Bitcoin traders reported using other PayPal functions more after they started trading

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Jeb Bush’s Room Rater ‘joke’ shows conservatives’ mistrust of Twitter

  • Former Florida governor Jeb Bush had a Twitter feud with Room Rater, a profile that judges on-camera interiors, accusing it of being a “hyper partisan” gimmick. 
  • Bush, who later said his comments were not serious, became the latest high-profile conservative to accuse Twitter and its users of leaning liberal. 
  • President Donald Trump has joined a chorus of conservative voices raising concern about Twitter. 
  • Visit Business Insider’s homepage for more stories.

Former Florida governor Jeb Bush this week traded barbs with a semi-well-known Twitter handle that uses TV screenshots to rate pundits’ room decor, a lighthearted scuffle that nonetheless placed Bush in company with a conservative outcry over partisan divisiveness on Twitter. 

“Are you a room rater or a hyper partisan person that is the problem? We need less hyper partisanship on backgrounds at this time for our country,” the former presidential hopeful wrote.

After

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Xiaomi official shows off Redmi Note 9 Pro 5G, teases new camera sensor

Redmi 9 device photo 12

Credit: Gary Sims / Android Authority

  • Redmi GM Lu Weibing has shared a render of the new Redmi Note 9 Pro.
  • The phone has four rear cameras, including a brand new sensor.

The new Redmi Note 9 series is launching on November 26 and we’re learning new things about it on a daily basis. The latest bit of information comes from Redmi’s General Manager Lu Weibing who has shared an official render of the purported new Redmi Note 9 Pro 5G. The official has also teased a brand new camera sensor for the series.

The image shared by Weibing (seen below) shows a smartphone with a circular quad camera design and gradient color finish. We previously saw the same phone appear in a blue colorway on the Chinese certification website TENAA.

Redmi Note 9 Pro 5G render

The presence of four rear cameras all but confirms that this is the higher-end Redmi Note 9 Pro. The

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The latest teardown from iFixit shows how huge the iPhone 12 Pro Max camera is

The iPhone 12 Pro Max is Apple’s biggest iPhone ever, with a 6.7-inch display that boasts a camera system our reviewer called “one of the most confident smartphone cameras.” In its latest teardown, iFixit shows how big this impressive camera actually is compared to other iPhones.

The iPhone 12 Pro Max camera is quite large
iFixit

The primary wide-angle sensor “dwarfs the iPhone 12’s sensor,” iFixit says, coming in around 47 percent larger. But it has the same 12 MP resolution as the smaller model. The 12 Pro Max’s sensor-shift image stabilization system— found on most DSLR cameras— adds bulk to the large main camera, iFixit found.

The 12 Pro Max’s L-shaped battery is the largest among all current iPhone models, weighing in at 14.13Wh, compared to the 8.57Wh in the mini and the 10.78 Wh in the 12 and 12 Pro. But iFixit notes that’s actually slightly smaller than

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Nvidia Shows Volatility After-Hours Despite Q3 Beat

Shares of Nvidia  (NVDA) – Get Report were volatile after hours Wednesday despite the chipmaker reporting October (fiscal third quarter) results that topped analyst estimates for the period. 

TheStreet is live-blogging Nvidia’s Oct. quarter earnings report and call. Please join us!

The Santa Clara-based company reported third quarter revenue of $4.73 billion, a 57% year over year increase, with earnings per share of $2.91. Analysts polled by FactSet were expecting Nvidia to report revenue of $4.41 billion on earnings of $2.57 per share. 

“NVIDIA is firing on all cylinders, achieving record revenues in Gaming, Data Center and overall,” said Jensen Huang, founder and CEO of NVIDIA, in a statement. “The new NVIDIA GeForce RTX GPU provides our largest-ever generational leap and demand is overwhelming. NVIDIA RTX has made ray tracing the new standard in gaming.”

Shares were down 0.2% to $535.95 after-hours Wednesday at last check. 

The company’s

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Airbnb files for IPO, shows it can actually make a profit

Airbnb has filed paperwork for its initial public offering that shows, unlike other tech unicorns, it’s been profitable in several quarters over the last couple of years. The revelation was included in the short-term rental company’s 250-page filing with the US Securities and Exchange Commission on Monday.

During the third quarter of this year, Airbnb made $219 million in profit on revenue of $1.34 billion. Despite the positive outlook, those numbers are down nearly 19% from the same time last year when it reported $227 million in profit on revenue of $1.65 billion. The third quarter is the only quarter Airbnb made a profit so far this year.


The company said the reason for this is largely due to the hit it took as the novel coronavirus pandemic has ravaged travel destinations and people have adhered to shelter-in-place mandates.

“Our financial results for the first nine months of 2020 were

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Oppo shows off concept rolling phone and AR glasses

Oppo has held its second annual “Inno Day,” an event where it shows off products in concept form and sets out its vision for the future. Headlining this year is a smartphone with an expandable “rolling” screen and a new set of AR glasses.

The Oppo X 2021 is a concept phone that the company says is the result of its research and development flexible displays. In regular smartphone use the OLED display has a 6.7-inch surface area, but that can be expanded to a squarer, tablet-like 7.4-inch panel depending on the content or use case.

The phone slid all the way open.

Oppo says it developed its own power train, structural plate, and screen laminate to ensure the device’s durability. You can see how it works from the front here:

And here’s what it looks like around the back:

Oppo isn’t the first company to hit on this idea

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DoorDash shows surge in revenue growth, profitable quarter in IPO filing

(Reuters) – DoorDash Inc showed a surge in revenue growth in 2020 and reported a quarterly profit for the first time in its IPO filing on Friday, as the U.S. food delivery startup prepares for what is set to be one of the year’s most high-profile market debuts.

The move to go public by DoorDash, which competes with Uber Eats, GrubHub Inc and Postmates Inc, follows a surge in demand for food delivery services during the COVID-19 lockdowns earlier this year.

In its IPO filing, DoorDash reported revenue of $1.92 billion for the first nine months of 2020, up more than three times from the same period a year earlier. The company reported a profit of $23 million for the first time in its history during the second quarter of 2020.

DoorDash, however, said the sudden surge in business activity this year had revealed “material

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DoorDash Shows Surge in Revenue Growth, Profitable Quarter in IPO Filing | Top News

By Anirban Sen and Joshua Franklin

(Reuters) – DoorDash Inc showed a surge in revenue growth in 2020 and reported a quarterly profit for the first time in its IPO filing on Friday, as the U.S. food delivery startup prepares for what is set to be one of the year’s most high-profile market debuts.

The move to go public by DoorDash, which competes with Uber Eats, GrubHub Inc

and Postmates Inc, follows a surge in demand for food delivery services during the COVID-19 lockdowns earlier this year.

In its IPO filing, DoorDash reported revenue of $1.92 billion for the first nine months of 2020, up more than three times from the same period a year earlier. The company reported a profit of $23 million for the first time in its history during the second quarter of 2020.

DoorDash, however, said the sudden surge in business activity this year had revealed

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DoorDash IPO filing shows massive growth, but lots of risk

doordash-decade-review-2893

DoorDash is headed to Wall Street.


Angela Lang/CNET

Food delivery service DoorDash on Friday filed paperwork with the US Securities and Exchange Commission for an initial public offering. The S-1 filing, more than 200 pages long, shows that the company reported $1.9 billion in revenue for the nine months that ended Sept. 30, up from $587 million during the same period last year. 

The company also reported a net loss of $149 million in the first nine months of this year, which is less than the $533 million net loss it reported during the same time in 2019.

The past few months have been booming for DoorDash, as the novel coronavirus has caused people around the world to shelter-in-place and stay indoors. The company has gained millions of

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