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Tag: The Financial Times

Meta Enormous AI Spending Overshadows Solid Q1 Earnings

Despite impressive quarterly results, Meta’s AI spending binge has hurt investor sentiment. After reporting a solid result, the company’s shares started to decline. According to...

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Google ponders making AI search a premium option

Google is reportedly considering tweaks to its search engine, including making some AI features subscription-only - an ad-free search experience is seemingly not on...

Several parties interested in buying Yoox

Online luxury fashion retailer Mytheresa is said to be one of the potential bidders for Yoox Net-a-Porter. BestSecret, another online fashion platform is also...

Fighting cash: Nubank seeks partners in Mexico

Nubank has revolutionized digital banking, attracting millions of clients online and expanding its financial services across Latin America through virtual platforms. Yet, in Mexico’s...

Sam Bankman-Fried Speaks From Prison, Says FTX Victims Deserve To Be Paid in Full at Current Prices: Report – The Daily Hodl

The founder and former CEO of the now-collapsed FTX crypto exchange is speaking out from behind bars. Last week, a US judge sentenced disgraced FTX founder Sam...

Colombian fintechs lead the way in VC investments

Financial technology firms in Colombia have been riding a wave of venture capital investments in recent months, underscoring the growing relevance of South America’s...

Bentley Boss Suddenly Steps Down

Aston Martin has confirmed Adrian Hallmark will become Chief Executive Officer no later than October 1, 2024. Adrian Hallmark was appointed chairman and CEO of...

Animoca Brands and Blockpass forge strategic partnership for a secure and regulatory compliant Web3

HONG KONG, Mar 15, 2024 - (ACN Newswire) - Blockpass, the leading provider of compliant identity verification solutions for the Web3 space, and Animoca...

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Avid Bioservices, Inc. (CDMO) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on...

Brazil, India lead instant payments growth worldwide with Pix, UPI

Latin America typically isn’t at the forefront of global economic policy, but with pioneering financial initiatives like Pix, Brazil is emerging as a leader...

U.S. fintechs set foot in Mexico’s rising digital market

Despite facing hurdles such as high interest rates, Mexico’s financial technology sector continues to evolve. Recent findings from a report by Visa and Finnovista...

eToro Puts a Price Tag of over $3.5 Billion to Potential IPO

Israel’s eToro is again considering going public with a valuation of more than $3.5 billion, the brokerage’s CEO, Yoni Assia, told the Financial Times....

EU Waters Down Supply Chain Due Diligence Law

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD) has been rejected by Germany and snubbed by others, leaving it stalled, according to Reuters.The...

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