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VideoShare LLC gets a win

VideoShare LLC gets a win

UK inflation leaps to 10-year high, bolstering rate hike bets

  • A Texas federal jury found that #Google and its video platform YouTube owe nearly $26 million for infringing a streaming-video patent owned by VideoShare LLC.
  • British inflation has hit a 10-year high as household energy bills rocket, bolstering expectations the Bank of England will raise interest rates in December
  • Deutsche Bank analyst Marion Laboure believes #bitcoin must overcome extreme volatility, high transaction costs and its large carbon footprint before it can be used more widely as a global payment option
  • #GBPUSD went up 0.4%
  • #BTCUSD rose 0.4%
  • #AUDUSD dropped 0.4%

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