New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. The firm specializes in investing at the Series A stage and focuses primarily on software companies, including B2B marketplaces and vertical software, TechCrunch reported Monday (Nov....
American retailers could be saddled with a glut of inventory for the holiday shopping season. With that in mind, chains could see their profit margins threatened at this crucial moment, with many stores offering high discounts, Reuters reported Monday (Nov. 13). The report cited an analysis by...
A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other exchanges and bridges to bitcoin through the THORChain bridge, CoinDesk reported Monday (Nov. 13). The victim’s wallet had received ether...
Last century, space was widely considered to be the final frontier. Now, the boundaries of human consciousness and the limits of our intellectual capability are widely viewed to be the richest liminal areas to plumb. OpenAI CEO Sam Altman is hoping to continue working with...
The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly four dozen names that seek to disrupt and foment innovation in everything from mortgage lending to buy now, pay later...
Tranch debuted an expanded version of its B2B payments platform to major enterprise clients in the United States. With the expanded product, law firms and other enterprise clients can leverage Tranch’s payment experiences for their own customers, the company said in a Monday (Nov. 13)...
Walmart has implemented its designated hours, known as “sensory-friendly hours,” for patrons across its entire U.S. network of stores. Per the company’s announcement, between 8 and 10 a.m. local time, Walmart will replace the dynamic content on its TV walls with a static image. Additionally,...
Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. According to a Monday (Nov. 13) report by Reuters, Zelle operator Early Warning Services (EWS) says the 2,100 firms on Zelle began in late June reimbursing customers tricked into sending money to crooks claiming to represent...
Historical resistance to change In multiple ways, the legal industry is inherently resistant to disruptive change: It is bound by long-established ethical considerations, the sensitive nature of its work and a sophisticated lattice of rules and regulations. These factors have collectively served as a barrier...
