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Crypto Exchanges Report Record High Number Of New Users
Wednesday, February 10, 2021 - 8:13pm | 307Crypto exchanges were down earlier this week following increased traffic, particularly from new retail investors. What Happened: Earlier today, Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance, tweeted that the exchange saw an all-time high in volumes and...
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HubSpot To Buy Content Company The Hustle: What You Need to Know
Thursday, February 4, 2021 - 12:03pm | 523Shares of HubSpot Inc (NYSE: HUBS) were trading higher Thursday after the customer relationship management software provider announced a M&A transaction. What Happened: HubSpot said late Wednesday it has agreed to acquire The Hustle, which produces a newsletter, podcast and premium...
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Elon Musk Sends Clubhouse Media's Stock Soaring In Case Of Mistaken Identity
Monday, February 1, 2021 - 4:32pm | 442In one of the most anticipated media appearances of the last month, Elon Musk appeared on social media startup Clubhouse. What Happened: The appearance by the Tesla Inc (NASDAQ: TSLA) CEO on Clubhouse covered topics like the surge in GameStop Corp (NYSE: GME), the handling of trade restrictions by...
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Trump Reportedly 'Ballistic' After Twitter Blocks All His Attempts To Post
Saturday, January 9, 2021 - 12:21pm | 560In a matter of the last 24 hours, Twitter Inc (NYSE: TWTR) has banned Donald Trump’s personal Twitter page, deleted his tweets from the @Potus official presidential account and suspended Trump’s campaign account. What Happened: The social media...
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SoftBank To File For First SPAC IPO Today, Seeking To Raise Up To $600M: Axios
Monday, December 21, 2020 - 1:58am | 395SoftBank Group Corp. (OTC: SFTBY) will be filing for an initial public offering of its first special purpose acquisition company on Monday, Axios reports. What Happened: The Japanese conglomerate is looking to raise between $500 million and $600 million in the IPO, people familiar with the...
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Fintech Focus For December 16, 2020
Tuesday, December 15, 2020 - 6:59pm | 1992Quote To Start The Day: “When we’re talking about public markets — when you decide to go public — you go from one to two businesses. The business of whatever you’re in, let’s call it making widgets, and the business of being public.” Source: David Buzkin...
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Uber Nears Deal To Sell Self-Driving Air Taxi Unit To Joby: Axios
Thursday, December 3, 2020 - 4:05am | 413Uber Technologies Inc (NYSE: UBER) is nearing a sale of its air taxi business segment, according to Axios. The discussions with California-based aerospace startup Joby Aviation have progressed to advanced levels and, if successful, could be officially announced sometime this month. ...
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Moderna Hopes To Roll Out COVID-19 Vaccine For Children By Mid-Next Year
Tuesday, November 24, 2020 - 2:07am | 449Moderna Inc (NASDAQ: MRNA) Chief Medical Officer Tal Zaks said that the drugmaker’s COVID-19 vaccine would be available for children by mid-2021, Axios reported Monday. What Happened: Zaks told Axios On HBO in an interview that he hopes that the vaccine for children would be available by...
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Fintech Focus For October 19, 2020
Sunday, October 18, 2020 - 9:35pm | 2092Quote Of The Day: Life is really simple, but we insist on making it complicated. - Confucius Fintech Movers: COVID-19 has not slowed crypto M&A. To wit, the value of industry acquisitions in the first half of 2020 has already surpassed that of full-year 2019. - Coindesk Q.ai is disrupting the...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Space 'Last-Mile Delivery' Startup Momentus To Go Public In $1.5B SPAC Deal: Report
Tuesday, October 6, 2020 - 9:53pm | 431Space Cargo company Momentus will go public after completing a reverse merger valued at $1.5 billion with the special purpose acquisition company Stable Road Acquisition Corp (NASDAQ: SRAC), Axios reported Tuesday. What Happened: The space startup would also secure an investment worth $175 million...
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CDC Extends 'No Sail' Order Only For Another Month, In A Ray Of Hope For Cruise Companies
Thursday, October 1, 2020 - 3:45am | 477The United States Centers for Disease Control and Prevention late Wednesday extended its "No Sail" order till the end of October, prohibiting cruise ships with 250-plus passenger capacity to operate on U.S. waters. What Happened: The official CDC declaration followed an Axios ...
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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Fintech Focus For August 25, 2020
Monday, August 24, 2020 - 6:07pm | 2430Quote Of The Day: Dreaming, after all, is a form of planning. - Gloria Steinem Fintech Movers: A digital currency could also help the Fed implement monetary policy by setting interest rates on consumers' accounts holding the digital currency — analysts say this also could be a more...
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Fintech Focus For July 23, 2020
Thursday, July 23, 2020 - 1:27pm | 2107Daily Perspective: We become what we think about. - Earl Nightingale Fintech Movers: The top judicial body in China is pushing for the expansion of legal rights around the possession of digital things, including currencies. - Block Analysis: Fintech IPOs 2019-H1 20. Goldman’s Marcus pays...