X Reportedly Plans to Raise Funds
The media published the information according to which the social media platform X is currently negotiating to raise funding from investors at a valuation of $44 billion.
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BitGo Launches OTC Trading Desk
Digital asset infrastructure provider and qualified custodian BitGo has launched an over-the-counter (OTC) trading desk, which includes integrated trading, derivatives, lending, and qualified custody.
Mastercard’s Middle-Market Play Uses Digital Innovation
The middle market continues to draw the attention of payments and banking companies, as further confirmed by the fact that Mastercard last Tuesday, February 18, announced a package of digital and financial management tools designed for the mentioned segment.
Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout
Trustly Inc. founder and chief executive officer Alexandre Gonthier said during a conversation with media representatives that, despite the uncertainty in regulation, pay by bank at retail, which uses open banking to carry out direct payment transactions between bank accounts, should become more widespread in the United States.
OpenSea Pauses Airdrop Reward System
Non-fungible token (NFT) marketplace OpenSea has paused its new airdrop reward system due to criticism from users about the mechanics.
Japan’s GDP Beats Forecasts
The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.
Xi Jinping Urges Entrepreneurs to Show Their Talents
On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.
Figure AI Reportedly in Talks for New Funding
The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.
Chip Designer Arm Reportedly Plans to Become Chip Manufacturer
The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.
US Retail Sales Demonstrate Decline
In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.
Donald Trump to Impose Reciprocal Tariffs as Soon as April
President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.
UK Escapes Recession Threat
At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.
Stripe Reportedly Plots $85 Billion Employee Share Sale
The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.
DoorDash Says Digital Experiences Drive More Orders of Retail Goods
DoorDash announced an increase in the number of consumers who order from not only its initial offering-restaurants but also in new verticals that include a growing variety of retailers.
Donald Trump Readies Reciprocal Tariffs
On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.
Donald Trump Calls for Lower Interest Rates
President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.
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