Thousands of Reddit Communities Go Dark to Protest Company’s New Policy
Thousands of Reddit forums closed on June 12, Monday, as part of a large-scale protest by users of this social media platform.
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FTX Can Redact Customer Names in Bankruptcy Case
FTX has received permission to edit the names of clients in the documents used in its bankruptcy case.
Nasdaq to Acquire Financial Services Software Company Adenza
Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.
Nike Renews Relationships With Retailers in Shift From D2C Focus
Nike products will be available again in the warehouses of designer shoes.
SoFi Debuts Student Loan Tool
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
BNY Mellon Partners With MoCaFi on Payments to the Unbanked
The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked
FTC Returns $392 Million to Consumers After Law Enforcement Actions
In the United States, the Federal Trade Commission (FTC) last year returned $392 million to citizens after a refund made possible as a result of the actions of law enforcement officers.
Wall Street Makes Moves into the Realm of Crypto Exchange
Wall Street has made some profound changes recently with the announcement that some larger traditional firms are seeking to engage with newer crypto exchanges.
Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira
Apple aims to expand a range of virtual reality products, such as its new Vision Pro VR headset that supports Optic ID, with the acquisition of AR startup Mira, which provides hands-free, smartphone-powered headsets purpose-built for industrial applications
Spreedly Launches Vault Solution
The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.
Startup Instabase Notches $2 Billion Valuation
Business services startup Instabase announced the attraction of investment funds in the amount of $45 million following the results of the next round of financing.
IQ Capital Raises $400 Million for Deep Tech AI Firms
Venture capital company IQ Capital announced the attraction of investment funds for $400 million to provide financial support to startups that operate in the field of artificial intelligence and robotics.
Walmart Looks to Generative AI as Grocers Tap Self-Service
At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.
eBay and Techstars Launch Accelerator Program for Innovations in eCommerce
eBay and Techstars, as part of the implementation of the cooperation program, intend to launch an acceleration initiative for companies that carry out their activities in the field of e-commerce and are at an early stage of existence.
Americans Are Sceptic About CBDC: Survey
A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)
SEC Sues Binance: Charges Revealed
Through thirteen charges on 136 pages, SEC alleges that Binance and its CEO Changpeng Zhao “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law”
