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Feed Items

The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the long President’s Day weekend, the CE 100 Index’s fortunes were dictated by dramatic swings in individual names, in most cases spurred by reports on how the December quarter fared. Porch Group, which rocketed up nearly 33%, pushed the Live pillar 3% higher.  In an...
Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes that the largest American crypto exchange, Coinbase, saw a 60% year-over-year jump in consumer transaction revenue during its most recent quarter, and a 80% increase from quarter to quarter. Meanwhile, the report said, Robinhood...
European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies in the U.K., Switzerland and the European Union, up from 17 in 2022, the Financial Times (FT) reported Sunday (Feb. 18). The report — citing data from law firm White...
Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that if regulatory pressure keeps one of the world’s largest companies from buying the Roomba maker, it might mean other Big Tech companies will stop buying smaller ones. As PYMNTS reported, Amazon called...
Imagine boarding an airplane by showing your face instead of showing your ID. That scenario could soon be a reality, according to experts quoted in a Sunday (Feb. 18) New York Times (NYT) report on the increased use of facial recognition and other biometric technology in the travel sector. Among those experts is Henry Harteveldt, a travel industry analyst for Atmosphere Research, who said 2024...
The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to national security, per a Wall Street Journal report. According to the report, Wray mentioned Volt...
Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from blockchain data firm Chainalysis, which showed that illicit addresses sent $22.2 billion worth of cryptocurrency to services in 2023, a sharp drop from the $31.5 billion sent in 2022.  “Some of this drop may be attributed to an...
A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the 140-year-old firm of Sullivan...
“Your call is very important to us. Please continue to hold …” With luck, that message is followed by the option to leave your callback number for the customer service department you’re trying to reach. Now, Google reportedly wants to make this process even easier, according to a Friday (Feb. 16) TechCrunch article.  Per that report, Google has begun testing a feature that will call a business on...
The pop-up shop may not be the novel trend it once was, but brands are still using the buzz-generating model to create real-world connections with customers without the cost and commitment of opening longer-term stores. One of the ways brands are looking to create these in-person experiences is by offering limited-time restaurants, bars and cafés. Dove, for instance, (the soap brand, not the...