Deutsche Bank Warns Software Debt Faces AI Threat
A downturn in the software and technology sectors could have an impact that rivals that of the energy sector’s issues in 2016, Bloomberg reported Monday (Feb. 9), citing Deutsche Bank analysts.
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35% of Consumers Plan to Use Tax Refunds to Boost Savings
Tax season officially began on Jan. 26, and refunds are already starting to reach consumers’ accounts this month. While the arrival of refunds is annual, the expectations surrounding them remain gro...
Stripe Aims for $140 Billion Valuation in new Tender
Stripe is preparing a potential tender offer that could value the payments company at more than $140 billion, Axios reported. That would put the company’s valuation well above the $107 billion mark ...
Tokenization’s Institutional Pitch Hits a Liquidity Wall
Despite the sudden surge of enterprise interest in stablecoins, it was the tokenization of real world assets (RWA) that represented the crypto sector’s first major play for the institutional financi...
MrBeast just bought a banking app
Beast Industries, owned by YouTuber Jimmy "MrBeast" Donaldson, announced on Monday that it has acquired Step, a banking app designed for teens and young adults. The move comes a couple of month...
