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Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
May 05, 2024  |  Cryptocurrency

Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an...

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Warren Buffett Warns of AI Use in Scams
Warren Buffett Warns of AI Use in Scams
May 05, 2024  |  artificial intelligence

Berkshire Hathaway’s Warren Buffett has compared the development of artificial intelligence (AI) to the atomic bomb. Just like that invention, the multibillionaire said Saturday (May 4)...

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Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  Restaurant Roundup

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in...

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Mytheresa Aims to Be ‘Winner’ of Luxury eCommerce Downturn
Mytheresa Aims to Be ‘Winner’ of Luxury eCommerce Downturn
May 05, 2024  |  eCommerce

If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top. “I think there is an understanding in the market that the industry is...

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Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett Cuts Stake in Apple by 13%
May 05, 2024  |  Apple

Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s...

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Crypto.com Looks to Sports to Capture Non-Crypto Audience 
Crypto.com Looks to Sports to Capture Non-Crypto Audience 
May 05, 2024  |  Cryptocurrency

Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double...

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Paytm Money Names Rakesh Singh CEO as COO Departs
Paytm Money Names Rakesh Singh CEO as COO Departs
May 05, 2024  |  Personnel

Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal...

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Banks Boost Visibility, Customer Service With Branches in Airport Terminals
Banks Boost Visibility, Customer Service With Branches in Airport Terminals
May 03, 2024  |  Banking

Several banks have reportedly expanded their retail footprint into airport terminals. These bank branches in airports offer convenience, comfort and a range of financial services to existing...

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J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer
J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer
May 03, 2024  |  Retail

J.P. Morgan Payments is facilitating purchases of merchandise for a Formula One race in Miami, both in-store and online. The firm is doing so in...

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