American Airlines has a new tactic for shaming boarding line cutters: A loud beeper. CNBC reports that the airline is rolling out a system that emits two loud beeps when a traveler tries to get on an airplane before their boarding group is called. As of Wednesday, the new tech was in over 100 airports […]
Global crypto payments company MoonPay has launched a new payment solution to offer the convenience of fiat balances to the decentralised crypto ecosystem. Through the new solution, MoonPay Balance, the crypto payments fintech aims to offer users a new way to transact. Users can top up their MoonPay Balance to complete purchases quickly and cost-effectively, […]
European equity futures rose along with Asian stocks as investors shrugged off initial concerns over Nvidia Corp.’s revenue outlook. The dollar headed for an eighth straight weekly gain. Euro Stoxx 50 futures gained 0.2%, while US contracts were little changed. MSCI’s Asian equity benchmark was flat, with the tech sector performing best. US 10-year Treasury […]
As much as 90 per cent of children in the UK play some form of video game and spend an average of £38 per month on in-game purchases. But as parents struggle to find an effective way to teach responsible spending, it turns out the solution may actually lie in the video games themselves, according […]
Nvidia (NVDA) reported third quarter earnings after the bell on Wednesday that topped expectations on the strength of sales of its high-powered AI chips fueling what its CEO Jensen Huang called the “age of AI.” The world’s largest publicly traded company by market cap, Nvidia reported earnings per share (EPS) of $0.81 on revenue of […]
Brazilian financial-technology company Nu Holdings Ltd. is considering plans to shift its legal base to the UK, in a move that would mark a major win in Britain’s push to encourage more tech companies to move to the country. The digital challenger bank has been working with the British government on the plans, which were […]
Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted with seven other men in New York federal court on charges related to a massive bribery and fraud scheme, authorities said Wednesday. Adani and several other other defendants are accused in the indictment of having paid Indian government officials more than […]
The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check or ‘mandatory’ […]
Revolut, the global fintech, has been granted a UK trading licence by the Financial Conduct Authority (FCA), making the fintech an authorised investment firm with its Trading feature. Since 2019, Revolut has operated its Trading feature as an Appointed Representative with a Principal in the UK. This partnership allowed Revolut to offer an investment service through its […]
Comcast is moving forward with the spinoff of its cable network channels, people familiar with the matter told CNBC on Tuesday. The separation is expected to take about a year, and an announcement from the company could come as early as Wednesday, the people said. The new entity will be led by Mark Lazarus, the current […]
Nvidia (NVDA) stock rose nearly 5% on Tuesday, following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon. In a client note this week, Stifel analyst Ruben Roy raised his price target on Nvidia to $180 from $165, while Truist Securities’ William Stein raised his […]
Android users are becoming more and more keen on money management apps finds app growth solutions company, SplitMetrics in its latest analysis on the Google Play Store. Money management apps burst onto the scene in 2022 as rising inflation left many worried about their finances and looking to budget. The sector added a total of 896,000 users in 2022 […]
