financial

Twitter targets financial scams with its latest policy update

Twitter targets financial scams with its latest policy update

Twitter is cracking down on the financial scams that plague its platform. The company published a policy update today specifically about this issue, detailing the exact types of financial scams that will result in actions from the company, including impersonating people or banks, offering fraudulent discounts, operating phishing schemes, and more.

Continue Reading

Apple boosts Corning glass investment as iPhone 11 Pro tests limits

Apple boosts Corning glass investment as iPhone 11 Pro tests limits

Apple has splashed a further $250 million in investment into Corning, more than doubling the amount it has pumped into the toughened glass-maker from its Advanced Manufacturing Fund. The new award follows a $200 million grant back in mid-2017, and comes amid the launch of the iPhone 11 Pro - and as the resilience of glass in smartphones becomes all the more important.

Continue Reading

MoviePass will officially shut down on September 14

MoviePass will officially shut down on September 14

In July, MoviePass made the strange announcement that it was temporarily suspending its service in order to make improvements to its mobile app. The release was lacking in details and didn't make much sense, spurring speculation that the company's final shutdown was incoming. That speculation was proven true with an announcement from MoviePass's parent company on Friday.

Continue Reading

Equifax wants more info by October 15 before it’ll pay cash claims

Equifax wants more info by October 15 before it’ll pay cash claims

People impacted by the Equifax security breach in 2017 who have requested cash, not credit monitoring, as part of the company's settlement have until October 15 to provide additional information. The data breach settlement website now asks individuals who requested a cash payment to submit proof that they already have a credit monitoring service. Failing to provide this information will result in the claim being denied.

Continue Reading

Volocopter raises $55m to commercially launch VoloCity flying taxis

Volocopter raises $55m to commercially launch VoloCity flying taxis

Air taxi company Volocopter has raised $55 million (€50 million) in a series C funding round led by Zhejiang Geely Holding Group Co., the company behind Volvo and several other car brands. The funds will be used to pay for the commercial launch of VoloCity, a future air taxi service, within the next three years. Geely Holdings is a minority investor in Volocopter alongside Daimler and select others.

Continue Reading

Tumblr has been acquired by WordPress owner Automattic

Tumblr has been acquired by WordPress owner Automattic

In May, word surfaced that Verizon was in talks with multiple companies about purchasing Tumblr, the social media platform it acquired with its purchase of Yahoo in 2017. In an announcement today, Automattic, the company that owns Wordpress, revealed that it has agreed to purchase Tumblr from Verizon, though the price it paid hasn't been disclosed.

Continue Reading

Venmo finally offers instant money transfers to bank accounts

Venmo finally offers instant money transfers to bank accounts

PayPal's mobile payment service Venmo is finally offering instant money transfers directly to bank accounts. The new option follows the company's launch of Instant Transfer last year, which was limited to transfers to eligible debit cards. According to the company, its new Instant Transfer option has the same fees and joins the standard free bank transfer option.

Continue Reading

What banks can learn from Apple Card

What banks can learn from Apple Card

Live and breathe Apple? Here’s the latest piece of Apple tech available this month for you to flex. It’s the Apple Card – except it doesn’t flex. It’s a solid sheet of sturdy titanium that sits in your wallet with the rest of your cards. Launching Apple’s venture into the banking and finance industry, Apple Card works like Apple Pay in the form of a card. The card comes in handy at cashiers and checkouts that don’t accept mobile payment. Created with the help of Goldman Sachs and powered by Mastercard, Apple’s new venture has plenty of pedigree and should be accepted at just about any cashier.

Continue Reading

Apple reveals $53.8b Q3 2019 revenue and new Services record

Apple reveals $53.8b Q3 2019 revenue and new Services record

Apple has announced yet another record-setting milestone, revealing that it raked in $53.8 billion in revenue during its June quarter, as well as setting a new Services revenue record for the company. The record revenue represents a 1-percent increase over the year-ago quarter; of it, Apple says that international sales fueled 59-percent of its third-quarter revenue.

Continue Reading

Tesla reveals quarterly record production and deliveries in Q2 2019

Tesla reveals quarterly record production and deliveries in Q2 2019

Tesla has published its second-quarter 2019 financial report, revealing record deliveries of 95,356 vehicles alongside a new record production of 87,048 vehicles. These new records exceed the previous quarterly records set by the company in its fourth-quarter of 2018. In addition, Tesla says its ended Q2 2019 with its highest cash and cash equivalents ever at $5.0 billion.

Continue Reading

Facebook Libra cryptocurrency revealed with Calibra digital wallet to manage it

Facebook Libra cryptocurrency revealed with Calibra digital wallet to manage it

This morning, Facebook confirmed some long-running rumors by announcing that it's about to dive into the world of cryptocurrency. That cryptocurrency is called Libra, and it'll launch next year alongside a digital wallet called Calibra. Calibra will be a subsidiary of Facebook, while Libra will be governed by the Libra Association, an organization comprised of a number of different companies (including Facebook and Calibra) that's headquartered in Geneva, Switzerland.

Continue Reading

Trouble managing finances may hint at future dementia diagnosis

Trouble managing finances may hint at future dementia diagnosis

Dementia is a tragic disease and growing public health concern, with officials warning that a solid treatment option is necessary to mitigate the large anticipated uptick in cases over coming years. Early detection is a key part of any future treatment that will prevent or reverse the disease, and we've seen a number of promising tests that may reveal the underlying illness before clinical symptoms appear.

Continue Reading

1 2 3 4 Next