Financial

Pinterest tipped in talks to buy photo-sharing app VSCO

Pinterest tipped in talks to buy photo-sharing app VSCO

The anti-Instagram, VSCO, may be acquired by photo board company Pinterest, according to a new leak. Though the sources caution that a deal may not ultimately materialize, they claim that talks are taking place between the two companies about a potential acquisition, one that would put VSCO under Pinterest's control.

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SEC accuses trader of using Twitter to hype stocks with false claims

SEC accuses trader of using Twitter to hype stocks with false claims

The Securities and Exchange Commission (SEC) has announced charges against a California man accused of using Twitter to spread false claims about a 'defunct company' after purchasing millions of shares. This alleged 'pump and dump' scheme, according to the SEC, involving the tweeting of 'false statements' about Arcis Resources Corporation (ARCS), which was involved with the cannabis market.

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India’s cryptocurrency hostility may soon lead to an outright ban

India’s cryptocurrency hostility may soon lead to an outright ban

India's government has been vocal about its hostility toward cryptocurrencies like bitcoin, and it seems things may be once again heating up. According to a new report, the nation's government may be planning to introduce a bill soon that, if passed, would ban all cryptocurrencies in India, including mining, potentially under the penalty of fines and prison time.

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Bitcoin reaches new milestone with $1 trillion market cap

Bitcoin reaches new milestone with $1 trillion market cap

Bitcoin has seen a surge in recent weeks, sitting with a value of around $54,000 as of Friday, February 19. The cryptocurrency has reached a $1 trillion market capitalization. The milestone follows Tesla's recently revealed $1.5 billion Bitcoin purchase, as well as tweets about the cryptocurrency from Elon Musk, which helped fuel public interest in the volatile coins.

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Instacart COVID-19 vaccine stipend arrives: Everything you need to know

Instacart COVID-19 vaccine stipend arrives: Everything you need to know

The previously announced COVID-19 vaccine stipend Instacart announced in January is now live, the company said in a recent blog post. Called the 'Vaccine Support Stipend,' Instacart is offering eligible shoppers and shift leads a $25 payment to cover the time off they'd have to take while getting the vaccine.

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iPhone, iPad, Mac, Services net sales all rocket up in Apple Q1 2021

iPhone, iPad, Mac, Services net sales all rocket up in Apple Q1 2021

Today's earnings call for apple showed blockbuster success in basically every respect. If we're looking at net sales by category, Apple's shown growth in iPhone net sales, net sales of iPad, Mac, "Wearables, Home, and Accessories," and Services, both year-over-year and compared to the three months ending just before this quarter, ending in December of 2020.

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Apple Q1 2021 set a huge revenue record

Apple Q1 2021 set a huge revenue record

It's that time of the year already: Apple has announced the results of its first fiscal quarter in 2021, announcing all-time high revenue with a massive 21-percent year-over-year increase. Apple made $111.4 billion in revenue with 64-percent of it coming from international sales. The company also announced record revenue across iPhone, Wearables, and Services.

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Medium acquires Glose, a social ebook platform

Medium acquires Glose, a social ebook platform

Online publishing platform Medium has acquired Glose, a Paris-based online ebook store that includes some robust social features. The company announced the business deal on Friday, stating that it will integrate Glose with its platform to bring more than 1.5 million ebooks -- and the related Glose features -- to its users.

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Betting on drone races is now a thing, but only in some states

Betting on drone races is now a thing, but only in some states

The Drone Racing League has teamed up with DraftKings to launch drone race betting in some states, the two companies have announced, making DRL races the first of their kind open to legal betting. At this point in time, only a handful of states have made it legal to bet on drone races, but regulatory approval is likely to come from other states in the future.

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Mint budget tracker app can now monitor your subscriptions

Mint budget tracker app can now monitor your subscriptions

Mint, the money-management app, has pushed out an update for iPhone users that brings a number of new features, as well as a refreshed design. Among other things, the changes enable users to monitor their subscriptions, get personalized insights into their finances, and more. Android users will soon get these features, too.

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Venmo app can now cash checks, but only for some users

Venmo app can now cash checks, but only for some users

Money-sending app Venmo has announced a new feature available to some users -- check-cashing. Called 'Cash a Check,' this feature aims to eliminate the need to visit a bank or other physical location to get your money. The feature will, as you'd expect, support cashing the stimulus checks many people are receiving.

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Hulu is about to raise prices, but only for some subscribers

Hulu is about to raise prices, but only for some subscribers

If you're a Hulu subscriber, there's a good chance your rate will increase next month when the company increases prices for two of its plans. The news comes only weeks after competitor Netflix announced its own price increase, underscoring the increased costs of streaming entertainment as traditional cable television loses subscribers.

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