Fintech News
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Wise Co-Founder Under Tax Investigation
Kristo Käärmann, one of the co-founders of Wise, has been undergoing a tax fraud investigation which left the company’s stock ...
Lawmakers urge FTC to investigate Apple and Google over mobile tracking and sale of personal data, targeting abortion seekers
This past Friday, four Democratic senators from Massachusetts, New Jersey, Oregon, and California together wrote a letter to Lina Khan, ...
Chip Maker TSMC Weighs Expansion in Japan to Reduce Geopolitical Risk
The giant chip producer Taiwan Semiconductor Manufacturing Co. provides chips to major electronic products including those of Apple Inc. The ...
Can Oil Curb Inflation?
Over the past few months, shale oil stocks have been one of the fastest-growing stocks in the market. The Energy ...
Alibaba reports first revenue decline since going public
On Aug. 4th, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) reported revenues of $30.4 billion for its April-June ...
De-Globalization?
As the war in Ukraine continues, global supply chain problems worsen leaving consumers unable to make essential purchases. According to ...
Google and ChatGPT
Since OpenAI’s launch of ChatGPT in late November of 2022, the chatbot has become the fastest-growing consumer app in history, ...
AI force accelerates Salesforces’ future course
Amid awe and aggravation against ChatGPT’s launch, Salesforce is now onboard the AI ship as it has released its plan ...
Silver Gate Capital Winds Down
Silvergate Capital Corp’s stock price tanked by almost 40% in after-hours trading on Wednesday. This was the market reaction to ...
Lay-off Mania
Zoom will join big tech companies in the mass lay-off scheme fueled by less-than-anticipated demand. On Tuesday, Zoom Video Communications ...
“The Race Starts Today”: Satya Nadella
Microsoft and Google hit the ground running this week in the race to create the perfect AI-powered search engine. In ...
More on Musk & Twitter
Twitter and Elon Musk continue to remain at the forefront of public attention as Musk’s relentless Twitter fingers have landed ...
Microsoft Will Lay Off Almost 5% of Companies Workforce
In a company blog post, Microsoft CEO Mr. Satya Nadella explained that the company is expecting an economic slowdown, especially ...
Genesis Global Capital – another bankruptcy?
Genesis Global Capital, the cryptocurrency lending unit of Digital Currency Group has filed for bankruptcy amid liquidity concerns. The fall ...
Twitter’s Tussle with Apple
In a series of tweets released on Monday, Twitter’s CEO, Elon Musk announced that Apple threatened to remove Twitter from ...
Meta’s Mounting Fines
Mark Zuckerberg, the founder of Facebook and its parent company, Meta Platforms, is facing fines of up to $276 million ...
Advertisers & Twitter Boycotts
After facing legal pressure from a court-order to buy Twitter, Elon Musk finally closed the $44-billion-dollar deal and took ownership ...
Using algorithms in the MD sector: PicassoMD
Dr. Reza Sanai is the founder of PicassoMD and a former chief fellow cardiology at the George Washington University Medical ...
Genesis Global Capital – another bankruptcy?
Genesis Global Capital, the cryptocurrency lending unit of Digital Currency Group has filed for bankruptcy amid liquidity concerns. The fall ...
$568 Million Binance Hack
On Friday October 7th, the world’s largest crypto exchange was hacked and the hacker stole 2 million BNB tokens which ...
Tesla jumps off Bitcoin’s ship
In a recent earnings statement, Tesla revealed that they sold 75% of their Bitcoin holdings. Bitcoin has plunged by more ...
Cryptocurrency is coming to your credit cards, together with cybersecurity risks
Currently cryptos are a volatile investment, but major card companies such as Visa Inc. and Mastercard Inc. believe that soon ...
Metacademy on Crypto
As the FinTech industry grows, there is a growing interest in learning about the latest developments, especially among young professionals. ...
WonderFi emerges on the TSX
Amid the crypto crash, WonderFi has been approved to be listed on the TSX, and claims to be the only ...
Will Inflation Kill Crypto?
As inflation continues to dig into the pockets of consumers, the US Federal Reserve raised interest rates 75 basis points ...
CanadaHelps Enables Cryptocurrency Donations
Over the past few years, cryptocurrency has increased its presence in the world of business. Since it’s inception, it has ...