This story was originally published on the Benzinga India Portal. Apple IncAAPL is reportedly discussing plans with Indianfinancial institutions and regulators to launch its Apple Card in the country. According to insiders, CEOTim Cookmet with HDFC BankChiefSashidhar Jagdishanduring his April visit to India. What Happened?As per aMoneyControl report, Apple has also held talks with the
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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
PayPal and Stripe, the American leaders in payment gateway technologies, are feeling the chill put out by regulators suddenly focused on the cryptocurrency industry. The impact of which may be irreparable harm to PayPal, Stripe, and the greater payment innovation ecosystem in the United States. Maneuvers by the United States government pertaining to cryptocurrency exchanges
As the second quarter comes to a close, its time to look at the performance of industry ETFs and the stocks that helped shape their respective sector returns. With the S&P 500 Index, as represented by the SPDR S&P 500 ETF Trust SPY , up 6% during this time, investors are eager to know which
New law just dropped — Bungie wins $489K from player for racist harassment of employee Ruling sets legal precedent for companies to recover costs from harassment campaigns. Kyle Orland – Jul 14, 2023 12:33 pm UTC Enlarge / Artist’s conception of Bungie hitting Comer with nearly half a million dollars of damages for harassing their
Allan Maman got his business career started early, creating Fidget360 while he was still in high school. Maman credits, at least partially, Fidget360 for starting the fidget spinnerfad of 2017-2018. Since then, Maman has packed his resume with impressive roles, includingRobinhood Markets Inc HOOD and presidential candidates Andrew Yang and Michael Bloomberg. Now, Maman helps
Four score and seven beers ago — Why AI detectors think the US Constitution was written by AI Can AI writing detectors be trusted? We dig into the theory behind them. Benj Edwards – Jul 14, 2023 11:00 am UTC Enlarge / An AI-generated image of James Madison writing the US Constitution using AI.Midjourney /
Affirm Holdings, IncAFRM stock is trading lower afterPiper Sandleranalyst Kevin J. Barker downgraded the stock from Neutral to Underweight with aprice target of $11.00. Barker expects persistently higher rates to pressure operating margins as AFRM needs to hold more loans on the balance sheet. In addition, he expects tighter underwriting standards, increased pricing, and the
Blue Up — Rocket Report: Rocket Labs next step in reuse, Blue Origin engine explodes ULA’s CEO says engine explosions are “relatively routine” early in production. Stephen Clark – Jul 14, 2023 11:00 am UTC Enlarge / File photo of a hotfire test of a Blue Origin BE-4 engine.Blue Origin reader comments 0 with Welcome
Offline Navigation — Apple introduces offline Mapsbut how does it compare with Google Maps? Comparing offline modes between Apple Maps and Google Maps is a tight contest. Samuel Axon – Jul 13, 2023 10:10 pm UTC Enlarge / With offline maps, Apple has achieved parity with Google Maps on this one feature after eight years.Samuel
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
The studio behind the box office hit Sound of Freedom is pushing back against rumors that AMC is thwarting the film, saying in a Thursday statement that AMC is an outstanding partner that is working to promote the film. The allegations against AMC have floated around Twitter and other social media sites for several days.
Rishi Sunak on Thursday accepted in full the recommendations of independent pay review bodies to give key public sector workers wage rises of about 6.5 per cent, telling trade unions to call off strikes now. The prime minister agreed the awards for 2023-24 after talks with chancellor Jeremy Hunt, when he was reassured they could
Certified organic — Rover sampling finds organic molecules in water-altered rocks on Mars No clear implications for life, but some samples could be brought back to Earth. John Timmer – Jul 12, 2023 10:18 pm UTC Enlarge / Jezero crater shows clear signs of water-formed deposits, so it’s not a surprise to find water-altered material
goodbye mirrors, hello diffractivelenses — A new, thin-lensed telescope design could far surpass James Webb A thinner, lighter, cheaper lens could be our way to study the Universe further. Daniel Apai, The Converstation – Jul 13, 2023 12:35 pm UTC Enlarge / A light, cheap space telescope design would make it possible to put many
Only 20 stocks out of the entire S&P 500 Index have remarkable revenue growth. These companies have boosted salesat a rate of at least 10% per year since 2021. This upward trend is expected to continue at least through 2025. Equity analysts from Goldman Sachs screened these stocks and studied their performance, using whats called
One final push — FTC appeal in Microsoft/Activision case shows US regulator isnt giving up yet But stopping the deal from moving forward still looks like an uphill battle. Kyle Orland – Jul 13, 2023 12:26 pm UTC Artist’s conception of the FTC and Microsoft fighting over this deal in the courts. reader comments 45
Major cryptocurrencies traded lower on Wednesday evening despite the release of positive inflation data in the Consumer Price Index (CPI) report for June.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin BTC/USD -0.53%$30,380Ethereum ETH/USD -0.52%$1872Dogecoin DOGE/USD -0.62%$0.064 What Happened: The U.S. consumer prices recorded a 0.2% increase in June, which was lower than expectations for a 0.3% rise.Core
Fintech company Revolut has launched a robo-advisor service in the United States, further expanding its suite of services within its super app. The move enables U.S. investors to leverage Revoluts automated investment platform for managing their portfolios. The robo-advisor feature provides users with access to a range of investment options and automated portfolio management tools.
Lithuanias prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of transparent regulatory frameworks through 2028. Context: Lithuania holds the title of the largest