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FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024  |  IPO

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index...

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Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
February 22, 2024  |  Retail

Technological solutions are driving cost reductions and higher customer satisfaction at Carvana. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Intuit Says GenAI-Powered Assistant Delivers Better Customer Reviews
Intuit Says GenAI-Powered Assistant Delivers Better Customer Reviews
February 22, 2024  |  artificial intelligence

During the first tax season in which they’re being helped by a generative artificial intelligence (AI) assistant, Intuit’s TurboTax customers are enjoying seeing the work done “automagically.”...

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Capital One-Discover Merger Agreement Includes $1.38 Billion Termination Fee
Capital One-Discover Merger Agreement Includes $1.38 Billion Termination Fee
February 22, 2024  |  Acquisitions

If Capital One’s planned acquisition of Discover Financial falls through, one firm or the other could pay a termination fee of $1.38 billion. Get the...

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Judge Approves FTX Proposal to Sell Stake in Anthropic
Judge Approves FTX Proposal to Sell Stake in Anthropic
February 22, 2024  |  artificial intelligence

A U.S. judge has approved bankrupt crypto exchange FTX’s proposal to sell its shares in artificial intelligence (AI) startup Anthropic. Get the Full Story Complete the...

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DHS, FBI Investigating Service Outage on AT&T Mobile Network
DHS, FBI Investigating Service Outage on AT&T Mobile Network
February 22, 2024  |  Mobile

Several federal agencies are working with AT&T to identify the cause of a widespread service outage that struck the company’s mobile network Thursday (Feb. 22). ...

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Bain Capital Tech Opportunities Fund Says AI Investments Too ‘Speculative’
Bain Capital Tech Opportunities Fund Says AI Investments Too ‘Speculative’
February 22, 2024  |  artificial intelligence

Bain Capital’s tech fund for growth companies reportedly stands out from others by not rushing to back the latest artificial intelligence (AI) startups. Get the...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. Get the Full Story Complete...

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Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
February 22, 2024  |  Earnings

The leisure travel industry is alive and well at Booking Holdings. The parent company of Priceline, Kayak, Booking.com and other connected economy hospitality brands reported record fourth...

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