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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.
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....
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...
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Archer Aviation Secures FAA Certification for Commercial Operations; Shares Rise Over 4%
Archer Aviation Secures FAA Certification for Commercial Operations; Shares Rise Over 4%
Jun 5, 2024
09:41 AM EDT, 06/05/2024 (MT Newswires) -- Archer Aviation ( ACHR ) said Wednesday that its Archer Air subsidiary received certification from the Federal Aviation Administration, allowing it to begin operating aircraft commercially. The company said it has previously secured the certification for specialized aircraft repair services, completing the two key operational certificates required to begin its air taxi operations...
Kerrisdale Capital takes short position in Riot Platforms
Kerrisdale Capital takes short position in Riot Platforms
Jun 5, 2024
June 5 (Reuters) - Kerrisdale Capital said on Wednesday it has taken short position in Riot Platforms ( RIOT ), sending the bitcoin miner's shares down 6% in early trading. ...
GlobalFoundries, ElevATE Semiconductor Enter Manufacturing Deal for High-Voltage Chips
GlobalFoundries, ElevATE Semiconductor Enter Manufacturing Deal for High-Voltage Chips
Jun 5, 2024
09:37 AM EDT, 06/05/2024 (MT Newswires) -- GlobalFoundries ( GFS ) and ElevATE Semiconductor entered into a manufacturing partnership to produce high-voltage chips for commercial semiconductor testing equipment and applications for aerospace and defense systems, the companies said Wednesday. The chips, designed by ElevATE, would be manufactured on GlobalFoundries' ( GFS ) 7HV technology platform at the GlobalFoundries ( GFS...
XTI Aerospace Identifies Mesa Air Group as Investor, Purchaser Behind TriFan Order
XTI Aerospace Identifies Mesa Air Group as Investor, Purchaser Behind TriFan Order
Jun 5, 2024
09:43 AM EDT, 06/05/2024 (MT Newswires) -- XTI Aerospace ( XTIA ) shares soared nearly 60% in early trading Wednesday after it revealed that airline operator Mesa Air Group ( MESA ) is an investor in the company, with warrants and a minority stake in common stock shares. The size of Mesa's ownership stake was not disclosed. XTI also said...
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Bitcoin Pizza Day: A Delicious Slice of Crypto History Turns 14
Bitcoin Pizza Day: A Delicious Slice of Crypto History Turns 14
May 22, 2024
Today, May 22nd, marks the 14th anniversary of Bitcoin Pizza Day, a historic occasion that forever etched Laszlo Hanyeczs name in the annals of the cryptocurrency industrys history. On this day in 2010, the Floridian programmer and early Bitcoin adopter made the first documented purchase using the cryptocurrency, exchanging 10,000 BTC for two Papa Johns pizzas. The Bite that Sparked...
PEPE Meme Coin Skyrockets to New ATH as Investors Eye Ether ETF Approval
PEPE Meme Coin Skyrockets to New ATH as Investors Eye Ether ETF Approval
May 22, 2024
PEPE is on fire. The popular Ethereum-based meme coin reached an all-time high of $0.00001422 on May 22nd as it surged by more than 26% over the last 24 hours. The possibility of a spot Ether ETF has fueled enthusiasm and price rallies, particularly in meme coins, including PEPE, as investors eagerly anticipate the potential impact on the market. PEPE...
Donald Trump’s Presidential Campaign Starts Accepting Crypto Donations
Donald Trump’s Presidential Campaign Starts Accepting Crypto Donations
May 22, 2024
The Trump campaign announced on Tuesday that it would begin accepting cryptocurrency donations, marking the first time a major party presidential nominee has done this. This decision is in line with Trumps broader agenda, which the campaign described as valuing freedom over socialistic government control. Trump Campaign Vows to Build Crypto Army According to a campaign press release, Trump supporters...
DOT Explodes Above $7.5 but Watch This Metric Closely: Polkadot Price Analysis
DOT Explodes Above $7.5 but Watch This Metric Closely: Polkadot Price Analysis
May 22, 2024
Polkadot has recently witnessed a surge in demand, leading to a price uptick that has breached its previous swing high and broken through a multi-month descending trendline. The price is now approaching the upper boundary of its consolidation range and is on the brink of surpassing it. Technical Analysis By Shayan The Daily Chart A detailed analysis of Polkadots daily...
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