Latest News on private equity markets

CBC News | Patrick Smith | Jul 6, 2023 Meta's new conversation app, Threads, garners over 10 million sign-ups within hours of launch, challenging Twitter's dominance amidst user discontent over tweet-viewing limits. Meta's launch of Threads, a new conversation app, has seen an overwhelming response with over 10 million sign-ups within seven hours of its

Microsoft | Kate Behncken | Jun 28, 2023 Microsoft has launched a new AI Skills Initiative, aiming to equip people and communities worldwide with the ability to utilize AI effectively. Launch of AI Skills Initiative: This initiative is a response to the growing demand for AI skills, which are now considered the third-highest priority for

DealMaker Release | Jun 28, 2023 DealMaker's lawsuit against Darren Marble, Issuance Inc., and Crush Capital Inc. has been greenlit by the United States District Court for the Central District of California. The court has denied the defendants' motion to dismiss the case, affirming that DealMaker's trade secrets claims are adequately stated in the complaint.

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

Cogo | Jul 5, 2023 Cogo aims to inspire individuals, businesses, and financial institutions to reduce their carbon footprint and contribute to a sustainable and fairer world. They achieve this by helping everyone understand how their spending affects the climate crisis and driving change on a global scale through partnerships with financial institutions. Cogo started

Decrypt | Andrew Throuvalas| Jun 28, 2023 The fallout from Prime Trust's failure has highlighted the risks associated with crypto companies relying on third-party custodians for asset safety. Prime Trust was placed into receivership due to financial issues, with the State's filing indicating that Prime Trust is over $82 million in the hole from fiat

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

BCSC | Release | Jun 30, 2023 The British Columbia Securities Commission (BCSC) has established its second Fintech Advisory Forum set to advise BCSC staff on fintech trends and developments, including opportunities and risks, and provide input on fintech issues in the securities industry and securities law issues affecting fintech. The Forum, which was constituted

Pantera Capital | Dan Morehead | Jun 29, 2023 “I think the crisis is a harbinger for the future.  If you think about it, banks are a terribly-designed stablecoin." A conversation on banking and blockchain with Dan Morehead, CEO Pantera Capital Conversation and former SEC Chairman Jay Clayton at the Bloomberg Invest Conference on June

OMFIF | July 5, 2023 Insights from interviews with central banks and regulated financial infrastructure providers on central banking and cloud services Many institutions are adopting a hybrid approach to data management, leveraging advanced cloud technology for less sensitive data while keeping personally identifiable information secure in on-premises storage. However, central banks remain cautious, valuing

The Federal Trade Commission issued a consumer alert about likely fraud attempts after the Supreme Court's ruling Friday against student loan forgiveness.

Employers recognize the need to reduce employee burnout, as employees report overall better feelings and productivity upon returning from vacation.

Higher earners may be subject to the 3.8% net investment income tax every year. Here's how to reduce your tax bill.

When federal student loan payments restart in the fall, borrowers will be spared for 12 months from the harshest consequences of falling behind.

Tearsheet | Sara Khairi | Jul 5, 2023 The future of banking is expected to be a hybrid model, combining traditional and embedded financial services (Marqeta:  2023 state of payments report) Traditional vs Digital Banks -- Hybrid future?  Despite the rise of digital banking, traditional banks continue to play a significant role. Consumers are seeking