Tesla CEO Elon Musk declined to join Twitter's board of directors, the social media company's chief executive announced Sunday. "Elon has decided not to join our board," Twitter CEO Parag Agrawal tweeted. "I sent a brief note...
Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected to preface a lackluster year for...
Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for a virtual community for interacting with digital...
Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon shareholders’ approval, Shopify will authorize and...
SINGAPORE — Chinese stocks led losses in Asia-Pacific markets on Monday morning as investors reacted to China’s inflation data for March. The Shanghai composite was down about 2% while the Shenzhen component tumbled around 3%. Hong Kong’s Hang Seng index dropped 2.4%. Hong Kong-listed shares of Chinese electric vehicle maker Nio...
JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and you can expect to see a similar size capacity pull for the remainder of...
Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey. Of 7100 teens quizzed on payments apps by Piper Sandler, Apple Pay had the most monthly users, at a 23% penetration rate, ahead of Venmo, the Cash...
Jan van Eck is “wowed” by the cryptocurrency industry, envisioning that blockchain technology could transform the operations of Wall Street giants. Jan van Eck – Chief Executive Officer of the global investment manager VanEck – believes the cryptocurrency industry will continue its progress, while blockchain technology “will completely revolutionize Wall...
The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles...
Tasked with driving the adoption of open banking products with merchants, Matt Komorowski has been appointed as Volt's new chief revenue officer (CRO) Real-time payments provider, Volt, has announced the hire of Matt Komorowski, who previously led PayPal’s...
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