Origin, a financial wellness startup, announced its acquisition of Finny, leaving the financial terms of the deal undisclosed. Briefly:Origin will integrate Finnys education, content, curriculum, and debt management tools, further bolstering its platform which simplifies finances for individuals by making it easy to track spending, get advice, as well as manage investments. Impact: "I'm thrilled
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Retail investor-friendly brokerage Robinhood Markets Inc HOOD is pushing the boundaries of the fintech space with its strategic acquisition of San Francisco-based X1, a platform that offers a no-fee credit card. What Happened: The move marks a step in Robinhood's journey to broaden its product offerings and deepen its relationship with existing customers. The deal
It says “turbo” right in the name — Into the rivers and through the woods: Specializeds e-mountain bike Specialized’s electric mountain bike was more than good enough to hook our reviewer. John Timmer – Jun 30, 2023 11:00 am UTC Enlarge / Behold, the Turbo Levo.John Timmer reader comments 14 with I consider myself a
In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting
Who needs LEO? — Motorolas Satellite Link hotspot lets you send messages via outer space Following the announcement in February, the $150 device is available today. Ron Amadeo – Jun 29, 2023 10:51 pm UTC reader comments 59 with The Motorola Hotspot. It connects to the satellite network and has Bluetooth. That’s it. The device
The UK’s stubbornly high inflation has convinced senior policymakers at the European Central Bank to maintain their aggressive stance on raising interest rates to avoid being accused of failing to contain price pressures. Several members of the ECB’s rate-setting governing council told the Financial Times that recent criticism of the Bank of England over its
Deals ahead of Amazon Prime Day 2023 — Dealmaster: Black Friday in July, pre-Prime Day sales, and a farewell to Star Trek: Prodigy Save on laptops, tools, Apple products, and Star Trek merchandise. Chuong Nguyen – Jun 29, 2023 4:41 pm UTC reader comments 1 with If you’re mourning the cancellation of Star Trek: Prodigy
Rising global temperatures are a danger to economic growth, as well as social and political stability. United Nations member states aim to cut greenhouse gas emissions in half by 2030 and reduce them to zero by 2050. As a result, the market for carbon credits is expected to grow to $10 trillion, according to DevvStream
Game on — FTC prepares the big one, a major lawsuit targeting Amazons core business Amazon to be accused of punishing sellers who don’t use its fulfillment services. Jon Brodkin – Jun 29, 2023 4:29 pm UTC Enlarge / FTC Chair Lina Khan testifies during a House subcommittee hearing on the agency’s fiscal 2024 budget
On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill alsoincluded a number of add-on taxes, such asthe Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for Bitcoin BTC/USD mining in 2024,
These ethereal streaks of emerald light slowly drifted across the night sky above the West Elk Mountains in Colorado on June 21. (Image credit: Aaron Watson/Skies Alive Photography) A photographer recently snapped images of vibrant green streaks of light hanging apparently motionless in the star-filled sky above a U.S. mountain range. The eerie light show
This gulper eel, which was spotted at a depth of almost 7,000 feet by researchers controlling an ROV, has an elongated lump protruding from its underside. Researchers think this bulge was its most recent meal. (Image credit: Schmidt Ocean Institute) Ocean explorers recently stumbled upon an extremely unusual sight in the Pacific’s deep sea —
Broker firmBTIGinitiated coverage on fintech stocks. SoFi, Upstart, PayPal, Opurton Financial, and Jack Henry & Associates stocks are surging after the rating, while those of Affirm, Block, Marqeta, Open Lending, and Green Dot are falling. BTIG analyst Lance Jessurun initiated coverage onSoFi TechnologiesSOFI with aBuy rating and a Price Target of $14. SoFi, which went
Will Elon behave? — Linda Yaccarinos vision for Twitter 2.0 emerges Staff should be ready for “hand-to-hand combat” as company preps new ad offering. Hannah Murphy, Financial Times – Jun 29, 2023 1:26 pm UTC EnlargeGetty Images | Thomas Trutschel reader comments 40 with Twitters new chief executive, Linda Yaccarino, is preparing a series of
Despite the immense potential for profit in the nascent cryptocurrency industry, its highly speculative nature presents significant risks alongside potential rewards. The market, still in its infancy, is often marked by information disparities that privilege experienced investors, leaving newcomers at a disadvantage. In this speculative landscape, Seasonal Tokens provide a refreshing solution, aiming to temper
One of the worlds most well-known CEOs, Elon Reeve Musk was born June 28, 1971, in South Africa and is celebrating his 52ndbirthday in 2023. Known for his use of memes on social media, including mentions of popular jokesinvolving 69 and 4/20, it might come as a surprise that with a birthday on June 28,
Visa Inc. V is reportedly getting close to making a deal to acquire a Brazilian cloud-based platform provider for banking services and payments, Pismo. The company, which is in advanced discussions, can announce the deal this month, per Bloomberg. A final agreement has not been reached yet, and discussions can collapse. In late March, Valor
Unstable Diffusion — Developer claims Steam is rejecting games with AI-generated artwork Valve cites unclear legal status, copyrighted training data in rejection message. Kyle Orland – Jun 29, 2023 1:51 pm UTC reader comments 6 with Valve has reportedly become the latest company to react to the uncertain legal landscape surrounding AI-generated artwork by simply
50th anniversary — Speed matters: How Ethernet went from 3Mbps to 100Gbps… and beyond One of the biggest computing inventions of all time, courtesy of Xerox PARC. Iljitsch van Beijnum – Jun 29, 2023 10:46 am UTC Enlarge Adrienne Bresnahan | Getty Images reader comments 31 with With Ethernet turning 50 this year, Ars is
New York-based digital assets platformBakkt has decided to removethree major cryptocurrenciesSolana SOL/USD , Polygon MATIC/USD , and Cardano ADA/USD from its listings. This move comes not long after Bakkt acquired Apex Crypto, a trading infrastructure provider, for $155 million. Bakkt's General Counsel and Secretary, Marc DAnnunzio, told Fortune that the company has opted for a