October 03, 2023
Witnesses Are Set, Jury Isn’t for Sam Bankman-Fried’s Criminal Trial
It is the first day of the rest of FTX co-founder Sam Bankman-Fried’s life. And he even looks a little different. The one-time paper billionaire and crypto entrepreneur showed up...
October 03, 2023
Cross River and paymints.io Launch RTP Offering for Real Estate
Cross River Bank and paymints.io have teamed to expand real-time payments in real estate. The collaboration — an extension of an existing partnership between the companies — lets paymints.io customers...
October 02, 2023
Airbnb CEO: AI Can Help Vet Properties and Guests
Airbnb’s CEO said AI can help the company find better listings… and better guests. In a long interview with Bloomberg News published Monday (Oct. 2), Brian Chesky discussed the company’s artificial intelligence (AI) use...
October 02, 2023
Zillow Wins Deceptive Listings Case
Zillow has emerged victorious in a federal jury trial, as it was cleared of allegations that it made deceptive changes to its online agent listings that led to the downfall...
October 01, 2023
FICO Loses Bid to Dismiss Antitrust Claims Over Credit-Scoring Market
In a recent ruling, credit-scoring giant Fair Isaac Corp (FICO) has failed to dismiss claims from credit unions, real estate brokerages, auto dealers, and other businesses alleging that they have...
September 29, 2023
Report: LVMH CEO Bernard Arnault Faces Money Laundering Investigation
French billionaire Bernard Arnault, the CEO of luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE, is reportedly under investigation for possible money laundering. The investigation, initiated by the Paris public prosecutor’s...
September 27, 2023
Report: Almost $270 Billion in Leveraged Loans at Default Risk
Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache, The Wall Street Journal reported Wednesday...
September 26, 2023
Mailboxes Get Smart With AI to Smooth Last-Mile Delivery
An estimated 1.7 million packages are stolen each day in the U.S. And that number spikes around eCommerce events and major holidays, representing billions of dollars lost to “porch pirates”...
September 25, 2023
SEC Charges Podcaster Matthew Motil in Alleged Ponzi Scheme
The Securities and Exchange Commission (SEC) has taken legal action against Matthew Motil, the host of “The Cash Flow King” podcast, for allegedly defrauding investors in an $11 million Ponzi scheme. Motil...