One of the most well-known internet acquisitions of 2002 was when eBay Inc EBAY announced it was acquiring PayPal Holdings Inc PYPL . Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. Years later, eBay decided to spin off PayPal. Heres a look at the performance
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In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
SHANGHAI – Tesla chief executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials, including the highest-ranking vice-premier. Photos and a video of Mr Musks visit late on Wednesday to Teslas Shanghai factory the automakers biggest production hub showed him holding up a
The Very Long Play Record — AI-expanded album cover artworks go viral thanks to Photoshops Generative Fill Generative Fill uses AI to dream up larger versions of famous artwork. Benj Edwards – May 31, 2023 10:05 pm UTC Enlarge / An AI-expanded version of a famous album cover involving four lads and a certain road
In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
GOT PATCHES? — Researchers tell owners to assume compromise of unpatched Zyxel firewalls Poor patching hygiene is fueling a flurry of “downstream attacks” on other targets. Dan Goodin – May 31, 2023 10:33 pm UTC EnlargeGetty Images reader comments 24 with Firewalls made by Zyxel are being wrangled into a destructive botnet, which is taking
From Computex and beyond — 6 monitor and TV innovations remind us that trade shows still exist Provocative tech with real potential to impact future display products. Scharon Harding – May 31, 2023 11:44 pm UTC Enlarge / Samsung Display imagines its unfurling screen embodying future portable monitors. Samsung Display reader comments 45 with Believe
Waymo rides, Waymo revenue — The death of self-driving cars has been greatly exaggerated GMs Cruise aims to turn self-driving into a billion-dollar business. Timothy B. Lee – Jun 1, 2023 11:00 am UTC Enlarge / The latest iteration of Waymo’s self-driving technology is based on the Jaguar I-PACE.Waymo reader comments 0 with Seven years
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a
OLB Group, Inc. OLB is a diversified payments and omnicommercetechnology services provider looking to bring its tried and true financial offerings to underserved and financially underrepresented communities. OLB is an emerging player in the payments sector, and its business segments include eCommerce merchant services, along with a Bitcoin mining subsidiary which is expected to be
Can you say “passive daytime radiative cooling”? — Beating the heat: These plant-based iridescent films stay cool in the sun Cellulose is sustainable, biocompatible, and ideal for radiative cooling applications. Jennifer Ouellette – May 30, 2023 9:58 pm UTC Enlarge / A colorful, textured bi-layer film made from plant-based materials cools down when its in
Cures and more — mRNA technology for vaccines and more: An Ars Frontiers recap The tech has lots of applications beyond the one we’ve already been injected with. John Timmer – May 30, 2023 10:55 pm UTC Enlarge / On May 22, John Timmer (left) moderated a panel featuring Karin Bok (center) and Nathaniel Wang
CVE-2023-2868 — Critical Barracuda 0-day was used to backdoor networks for 8 months Attackers then went on to steal data from infected systems. Dan Goodin – May 30, 2023 11:58 pm UTC EnlargeGetty Images reader comments 20 with A critical vulnerability patched 10 days ago in widely used email software from IT security company Barracuda
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a
Hadoken! — Street Fighter 6 review: great fun for both casual and dedicated players Capcom breathes new life into its classic fighting game franchise. Aurich Lawson – May 30, 2023 7:01 am UTC EnlargeAurich Lawson reader comments 71 with Street Fighter 6Developer: Capcom Release Date: June 2, 2023 MSRP $60: Windows*, PlayStation 4, PlayStation 5,
Bitcoin BTC/USD traded higher, with the cryptocurrency prices above the $27,000 level on Friday. Ethereum ETH/USD also recorded gains, trading close to the key $1,900 mark this morning. The US economy added 339,000 jobs in May, significantlyhigher than market estimates of 190,000.The unemployment rate, however,increased to 3.7% in May. Injective INJ/USD was the top gainer
Finance and payments company PayPal Holdings PYPL reported first quarter financial results after market close Monday. Here are the key highlights. What Happened: PayPal reported first-quarter revenue of $7.04 billion, which was up 9% year-over-year. The revenue beat a Street consensus estimate of $6.98 billion, according to data from Benzinga Pro. The company reported earnings
Tesla IncTSLA CEO Elon Musk is once again under scrutiny as he faces a proposed $258 million class action lawsuit accusing him of insider trading and manipulating the meme cryptocurrencyDogecoinDOGE/USD . Allegations: Investors allege that Musk used various tactics, including Twitter posts, paid influencers, and his appearance on Saturday Night Live, to profit from Dogecoin
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a