financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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...
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
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.
World >
Market >
Environment >
Technology >
Chinese companies seek assurances from Malaysia on avoiding US tariffs, FT reports
Chinese companies seek assurances from Malaysia on avoiding US tariffs, FT reports
Jun 24, 2024
June 25 (Reuters) - Chinese executives have been meeting top Malaysian officials to seek assurances they can avoid U.S. tariffs if they relocate their battery, medical devices and semiconductor manufacturing to the country, the Financial Times reported on Tuesday. The companies have asked Malaysian ministers and senior government officials to lobby against U.S. imposing tariffs on products made or assembled...
Unpacking the Latest Options Trading Trends in KLA
Unpacking the Latest Options Trading Trends in KLA
Jun 24, 2024
Deep-pocketed investors have adopted a bearish approach towards KLA , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in KLAC usually suggests something big is about to happen. We gleaned this information from our observations today...
India to kick off $11.5 billion telecom auction
India to kick off $11.5 billion telecom auction
Jun 24, 2024
BENGALURU (Reuters) - India will auction telecom spectrum worth up to 962.38 billion rupees ($11.53 billion) on Tuesday, it said in a release. Bharti Airtel, Vodafone Idea and Reliance Industries' Jio Infocomm will bid in the auctions, the notice added. ($1 = 83.4550 Indian rupees) ...
Exclusive-US probing China Telecom, China Mobile over internet, cloud risks
Exclusive-US probing China Telecom, China Mobile over internet, cloud risks
Jun 24, 2024
WASHINGTON (Reuters) - The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said. Authorities at the Commerce Department are running the investigation, which has not been previously reported. They...
Personal Finance >
Politics >
Retail >
Business >
Rubrik Insider Sold Shares Worth $1,259,500, According to a Recent SEC Filing
Rubrik Insider Sold Shares Worth $1,259,500, According to a Recent SEC Filing
Nov 25, 2024
03:13 AM EST, 11/25/2024 (MT Newswires) -- Brian K. McCarthy, Chief Revenue Officer, on November 22, 2024, sold 25,000 shares in Rubrik ( RBRK ) for $1,259,500. Following the Form 4 filing with the SEC, McCarthy has control over a total of 362,545 shares of the company, with 362,545 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1943896/000141588924027595/xslF345X05/form4-11232024_021146.xml ...
Indian parliament disrupted over Adani bribery allegations, bonds slide to year low
Indian parliament disrupted over Adani bribery allegations, bonds slide to year low
Nov 25, 2024
* Indian opposition lawmakers demand parliament discuss Adani allegations * Chairman refuses discussion demands as against parliament rules * Both houses of parliament suspended * Adani dollar bond prices fall as investors cut exposure * Most Adani stocks pare gains from early trade By Tom Westbrook, Yantoultra Ngui and YP Rajesh SINGAPORE/NEW DELHI, Nov 25 (Reuters) - India's parliament was...
Ecolab Insider Sold Shares Worth $67,194,910, According to a Recent SEC Filing
Ecolab Insider Sold Shares Worth $67,194,910, According to a Recent SEC Filing
Nov 25, 2024
03:15 AM EST, 11/25/2024 (MT Newswires) -- William H Gates III, 10% Owner, on November 20, 2024, sold 276,542 shares in Ecolab ( ECL ) for $67,194,910. Following the Form 4 filing with the SEC, Gates has control over a total of 29,178,741 shares of the company, with 29,178,741 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/31462/000110465924122237/xslF345X05/tm2429395-1_4seq1.xml ...
BYD says it will launch new generation of blade batteries next year
BYD says it will launch new generation of blade batteries next year
Nov 25, 2024
BEIJING (Reuters) - China's electric vehicle giant BYD said it will launch a new generation of blade batteries in 2025, Chinese state media CGTN reported on Saturday. BYD's Blade Battery is a less bulky lithium-iron-phosphate battery that its Chairman Wang Chuanfu has said is safer than other alternatives in the market and will not catch fire. ...
Economy >
Cryptocurrency >
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses
Feb 23, 2025
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in the wake of the $1.4 billion Bybit hack of Ethereum assets. However, ETH tapped $2,800 in late trading on Feb....
These Altcoins Bleed Out as Bitcoin (BTC) Loses $96K Level (Market Watch)
These Altcoins Bleed Out as Bitcoin (BTC) Loses $96K Level (Market Watch)
Feb 24, 2025
Bitcoins price actions continue with underwhelming dominance as the asset fell below $96,000 after maintaining that level during the weekend. The altcoins have it worse, though, with massive daily price declines from the likes of SOL, DOGE, ADA, LINK, AVAX, and more. BTC Below $96K After the calmness felt during the previous weekend, BTC started that business week with a...
Ethereum Foundation Launches Open Intents Framework to Boost Cross
Ethereum Foundation Launches Open Intents Framework to Boost Cross
Feb 23, 2025
The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. Open Intents Framework According to the official announcement on February 19th, the main objective of the...
Crypto Exchange eXch Denies Laundering Bybit Hack Funds for Lazarus Group
Crypto Exchange eXch Denies Laundering Bybit Hack Funds for Lazarus Group
Feb 24, 2025
Non-KYC centralized exchange eXch has denied accusations that it’s laundering funds from the Bybit hack on behalf of the Lazarus Group. This was in response to social media accusations that it had moved over $30 million from the exploit. eXch’s Response In a Feb. 23 announcement posted on the Bitcointalk forum, the eXch team said it is “Not laundering money...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved