-
Fintech Focus For January 27, 2021
Tuesday, January 26, 2021 - 8:57pm | 2806Quote To Start The Day: October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. Source: Mark Twain One Big Thing In Fintech: Greenwood Financial, a new challenger bank...
-
Fintech Focus For October 29, 2020
Wednesday, October 28, 2020 - 6:32pm | 2855Quote Of The Day: The only place where success comes before work is in the dictionary. - Vidal Sassoon Fintech Movers: The Cambridge Centre for Alternative Finance (CCAF), the leading research institute covering the global Fintech sector, has partnered with the World Bank on a study reviewing the...
-
Overstock, Free Processing And Oppressive Regulations Highlight Bitcoin's Week
Friday, August 1, 2014 - 2:42pm | 646This week’s bitcoin news included Overstock’s (NASDAQ: OSTK) continued innovation, free processing from BitPay and one U.S. representative encouraging regulatory engagement from the bitcoin community. Overstock Wants To Issue Stock Via Bitcoin Technologies Overstock CEO Patrick...
-
Signs A Bitcoin Tidal Wave Is Forming To Disrupt Business
Thursday, April 3, 2014 - 10:10am | 646On Monday Square joined swelling ranks of companies accepting bitcoin. This follows the news that VC bitcoin investment is projected to reach $300 million this year. Overstock, Tiger Direct, Zynga, Virgin Galactic, Stripe, the Sacramento Kings, and now Square are validating bitcoin as a...
-
Will the Amazon-Backed Online Sales Tax Sway the House?
Monday, April 29, 2013 - 10:51am | 761The Marketplace Fairness Act, AKA the new legislation that will require states to collect sales tax from items purchased online, is likely to clear the Senate when the final vote is conducted next month. It is not yet clear if it will do the same in the House, however, where many conservative...
-
Is Patrick Byrne Finally Victorious in the Fight Against Naked Short Selling?
Tuesday, June 14, 2011 - 10:10am | 542Is Patrick Byrne making progress in his fight against what he believes are fundamental flaws in the American financial markets? According to the The Register, the Overstock.com (NASDAQ: OSTK) CEO might have finally caught a break. The Register cites a piece by The Economist, “America's dodgy...
-
Goldman Sachs Engaged In Interstate Racketeering, Says Overstock's Patrick Byrne
Tuesday, February 15, 2011 - 4:11pm | 253According to a report by Salt TV, Overstock.com (NASDAQ: OSTK) is in the spotlight again – this time for amending a lawsuit against Goldman Sachs (NYSE: GS) alleging that the firm undervalued the company's stock in an unscrupulous process known as short selling. Overstock.com says that new...
-
Defining A Sith Lord With Overstock.com CEO Patrick Byrne
Friday, December 3, 2010 - 1:52pm | 440Patrick Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), caused quite a stir with his use of the term, “Sith Lord” – a term that Star Wars has reserved for the most evil leaders in the galaxy. During a recent interview with Benzinga, Byrne took the opportunity to clarify what he...
-
Patrick Byrne: "Hedge Fund Community and Wall Street Banks Form An Oligopoly"
Friday, December 3, 2010 - 1:45pm | 1047“Halleluiah!” That was the first word out of Patrick Byrne's mouth when Benzinga asked him about the recent hedge fund scandal. “It's about freaking time!” Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), gives serious credit to the Department of Justice and the FBI for the work...
-
It's Turtles All The Way Down
Friday, December 3, 2010 - 12:38pm | 717“I was sort of raised to have a not too positive opinion of Wall Street,” Patrick Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), told Benzinga during a recent interview. “I grew up in financial circles and I grew up hearing that it was dirty,” he said. “It was nothing like this...
-
The Evolution Of Overstock.com (OSTK)
Friday, December 3, 2010 - 11:27am | 519Overstock.com, Inc. (NASDAQ: OSTK) has grown from a $2 million entity to a massive billion-dollar corporation. In 2009, the company earned $8 million in GAAP and $39 million in free cash flow. Patrick Byrne, Overstock.com's president and CEO, said that he's hoping for even better numbers this year...