Paying $115B for Stripe or $77B for Coinbase might be quite rational
It's hard to overvalue a startup when the public market is willing to double its valuation the moment it starts to trade. CoinDesk reported yesterday that crypto trading startup Coinbase is being valued at $77 billion on private exchanges......»»
Indian fintech CRED launches peer-to-peer lending feature Mint
India’s CRED, which rewards users for paying their credit-card bills on time, is broadening its offerings to help its 7.5 million members gain more from the service. The Bangalore-based startup said on Thursday that CRED users can now lend to one a.....»»
The hottest fintech market you aren’t paying attention to
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. For our Wednesday show this week, Natasha and Alex and Danny had colleague Tage Kene-Okafor on the show to chat ab.....»»
Gender pay gaps: Self-sabotaging diversity and profits in Australian firms
New research from the University of South Australia shows a significant gender pay gap across most Australian firms, with 80 percent of them paying female executives 30-35 percent less than their male counterparts, despite being of equal caliber, edu.....»»
Mastercard To Become First Payments Network To Phase Out Magnetic Stripe
Mastercard, writing in a blog post: In the early age of modern credit cards, they had to write down account information for each card-carrying customer by hand. Later, they used flatbed imprinting machines to record the card information on carbon pap.....»»
Virgin Galactic video showcases its pricey space tourism service
A new video shows exactly what Virgin Galactic's high-paying space tourism passengers can expect when climbing aboard its Unity spaceplane next year......»»
Coinbase smashes Q2 revenue estimates but is expecting a slower third quarter
Coinbase for the three-month period ending June 30, 2021, generated total revenue of $2.23 billion compared to the $1.78 billion that Refinitiv was expecting. Net income checked in at $1.6 billion, which represents nearly a 4,900 percent increase com.....»»
Amazon to pay customers up to $1,000 in damages for defective items
Amazon will start paying customers up to $1,000 if a defective item sold through its site by a third-party merchant causes property damage or personal injury......»»
Coinbase crushes Q2 expectations, notes Q3 trading volume is trending lower
After the bell today, Coinbase reported another period of impressive results in its second quarter earnings report. During the quarter, Coinbase’s total revenue reached $2.23 billion, which helped the company generate net income of $1.61 billio.....»»
Nuvoton sees merger with PSCS start paying off
MCU specialist Nuvoton Technology has seen the synergies from its 2019 acquisition of Panasonic Semiconductor Solutions (PSCS) start paying off, given its sharp revenue and profit gains in the first half of the year, according to company chairman Yua.....»»
Google+ Class Action Starts Paying Out $2.15 For G+ Privacy Violations
Ron Amadeo writing via Ars Technica: Who remembers the sudden and dramatic death of Google+? Google's Facebook competitor and "social backbone" was effectively dead inside the company around 2014, but Google let the failed service hang around for yea.....»»
Google+ class action starts paying out $2.15 for G+ privacy violations
Google exposed the private data of 52 million users in 2018 and got sued. Release YouTube, you beast! (credit: 123pendejos) Who remembers the sudden and dramatic death of Google+? Google's Facebook competitor and "social backbone" was effectiv.....»»
YELA secures $2M to reproduce Cameo’s celebrity success with an app for the Middle East
The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 million in investment to support its launch, and will.....»»
Reserve Trust raises $30.5M to become the ‘Stripe for B2B payments’
Reserve Trust, a Denver-based financial services provider, has raised $30.5 million in a Series A round led by QED Investors. FinTech Collective, Ardent Venture Partners, Flywire CEO Mike Massaro and Quovo founder and CEO Lowell Putnam also participa.....»»
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation
These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fancy credit cards or paying interest. In what seems t.....»»
Spotify added nine million subscribers in Q2, and most were paying users
For the three-month period ending June 30, 2021, Spotify generated revenue of 2.33 billion euro ($2.75 billion), gross margin of 28.4 percent and an operating income of $14.14 million......»»
Study: Letting cats decide when to be petted avoids hostility and increases their affection
Experts in feline behavior and welfare at Nottingham Trent University also found that paying close attention to cats' behavior and body language and thinking about where to stroke them were key when improving interactions between cats and people......»»
Citizen is Now Paying New Yorkers To Livestream Crimes
Citizen, otherwise known as "the worst kind of hyperlocal app ever created," is now willing to pay people to livestream crimes around New York City. The company is reportedly hiring people in the Big Apple at a starting rate of $25 per hour to run ar.....»»
One of Nigeria’s high profile angel investors is launching a fund for African startups
Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamApt. Today,.....»»
Many Years Later: 3GB vs 6GB GTX 1060 in Today"s Games
Recently we've been checking out previous-gen GPUs you can buy at decent prices used without paying inflated prices. The 3GB GeForce GTX 1060 is among the cheapest, but how does 3GB of VRAM is getting on in 2021?.....»»
Jeff Bezos Touches Space Aboard Blue Origin Rocket
The Amazon founder, his brother, aviation pioneer Wally Funk, and a paying passenger were the first to test out the New Shepard suborbital rocket system......»»