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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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Wall Street heads for cautious start, dollar eases ahead of US-China talks
Wall Street heads for cautious start, dollar eases ahead of US-China talks
Jun 9, 2025
LONDON/TOKYO (Reuters) -Wall Street index futures hovered a touch higher while the dollar pared recent gains at the outset of London talks meant to mend a trade rift between the United States and China. S&P 500 E-minis were up around 8 points, or 0.1%, while Nasdaq 100 E-minis ticked 14 points higher, to almost 0.1%. MSCI's broadest index of world...
Wall Street heads for cautious start, dollar eases ahead of US-China talks
Wall Street heads for cautious start, dollar eases ahead of US-China talks
Jun 9, 2025
LONDON/TOKYO (Reuters) -Wall Street index futures hovered a touch higher while the dollar pared recent gains at the outset of London talks meant to mend a trade rift between the United States and China. S&P 500 E-minis were up around 8 points, or 0.1%, while Nasdaq 100 E-minis ticked 14 points higher, to almost 0.1%. MSCI's broadest index of world...
Stocks Mostly Up Pre-Bell as Traders Await US-China Trade Talks, Key Inflation Data
Stocks Mostly Up Pre-Bell as Traders Await US-China Trade Talks, Key Inflation Data
Jun 9, 2025
07:32 AM EDT, 06/09/2025 (MT Newswires) -- The benchmark US stock measures were mostly pointing higher before the opening bell Monday as investors await renewed US-China trade talks and key inflation data scheduled to be released later in the week. The S&P 500 and the Dow Jones Industrial Average edged up 0.1% each in premarket activity, while the Nasdaq was...
Robinhood shares fall as S&P 500 inclusion hopes dashed
Robinhood shares fall as S&P 500 inclusion hopes dashed
Jun 9, 2025
(Reuters) -Shares of Robinhood Markets ( HOOD ) dipped 5% in premarket trading on Monday, after S&P Dow Jones Indices made no changes to the S&P 500 membership following recent speculation that the online brokerage would be added to the index. S&P Dow Jones Indices announced late on Friday that it will not be making any changes to the components...
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What 27 Analyst Ratings Have To Say About Apple
What 27 Analyst Ratings Have To Say About Apple
Nov 25, 2024
Throughout the last three months, 27 analysts have evaluated Apple ( AAPL ) , offering a diverse set of opinions from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat...
Starbucks faces disruptions following ransomware attack on software supplier
Starbucks faces disruptions following ransomware attack on software supplier
Nov 25, 2024
Nov 25 (Reuters) - Starbucks ( SBUX ) said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas and manage their schedules, the company's spokesperson said on Monday. The coffee giant said that an outage at a third-party vendor has disrupted a back-end Starbucks ( SBUX ) process that enables employee...
Avalanche Blockchain's Largest-Ever Upgrade Goes Live on Testnet
Avalanche Blockchain's Largest-Ever Upgrade Goes Live on Testnet
Nov 25, 2024
Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover. The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche Foundation said. Avalanche9000 will be the largest upgrade that Avalanche has seen. It is designed to cut the...
Starbucks struggles with ransomware attack on software supplier, WSJ reports
Starbucks struggles with ransomware attack on software supplier, WSJ reports
Nov 25, 2024
Nov 25 (Reuters) - Starbucks ( SBUX ) said fallout from a ransomware attack on a software supplier has been disrupting its ability to pay baristas and manage their schedules, the Wall Street Journal reported on Monday. ...
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Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
May 26, 2025
Ripple remains confined within a narrow price range, with minimal fluctuations in recent action. This low-volatility environment suggests an imminent breakout, which will likely define the next major trend. XRP Analysis The Daily Chart XRP is currently trading within a narrow and critical price range, bounded by the 100-day and 200-day moving averages at $2.2, and the descending wedge’s upper...
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
Interesting Ethereum (ETH) Price Predictions as of Late
Interesting Ethereum (ETH) Price Predictions as of Late
May 26, 2025
TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....
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