Markets

Robinhood Jumps After News of Possible FTX Purchase
Robinhood Jumps After News of Possible FTX Purchase
June 27, 2022  |  Acquisitions

Shares of trading app Robinhood rose 14% Monday (June 27) following news that it might be purchased by cryptocurrency exchange FTX. Bloomberg News reported that...

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NFT Upheaval Could Be Healthy, Some Marketing Pros Say
NFT Upheaval Could Be Healthy, Some Marketing Pros Say
June 27, 2022  |  NFTs

There was optimism expressed by marketing professionals gathered at a four-day New York City event focused on non-fungible tokens (NFTs), with some experts saying recent...

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Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
June 26, 2022  |  Acquisitions

Global deal-making is entering tumultuous waters, as various factors like inflation and a stock market rout make corporate boards less willing to expand through acquisitions,...

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Auto, Industrial Uses Driving Growth in IoT Market 
Auto, Industrial Uses Driving Growth in IoT Market 
June 24, 2022  |  Internet of Things

The total addressable market (TAM) for Internet of Things (IoT) applications is expected to grow between 8% and 10% over the next three years, BlackBerry...

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SEC Chair: All Agencies Regulating Crypto Should Follow ‘One Rulebook’
SEC Chair: All Agencies Regulating Crypto Should Follow ‘One Rulebook’
June 24, 2022  |  Cryptocurrency

The chair of the Securities and Exchange Commission (SEC) Gary Gensler is talking to other financial agencies, including the Commodity and Futures Trading Commission (CFTC),...

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Brazilian Super App Inter Sees Nasdaq Listing as Springboard to US Consumers
Brazilian Super App Inter Sees Nasdaq Listing as Springboard to US Consumers
June 24, 2022  |  Mobile Applications

The super app offers a digital front door for a range of activities — from banking and investing to insurance, peer-to-peer (P2P) and beyond. In...

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Paya, Digital Banks Help FinTech IPOs Notch Slight Gains
Paya, Digital Banks Help FinTech IPOs Notch Slight Gains
June 23, 2022  |  IPO

A gain. A small one, but a gain nonetheless. The FinTech IPO Tracker got a bit of a breather this week, clawing out a 73-basis-point...

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SEC’s ‘Backdoor’ Approach to Crypto May Cost It Power
SEC’s ‘Backdoor’ Approach to Crypto May Cost It Power
June 23, 2022  |  Cryptocurrency

Crypto’s notable absence from the U.S. Securities and Exchange Commission’s spring regulatory agenda is the latest sign of an agency with a penchant for backdoor...

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BofA Invests in Alternative Investment Platform iCapital
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022  |  Investments

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. As the company said in...

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