CE 100 Index Drops 4.3% as Banking and Payment Stocks Decline
CE 100 Index dropped 4.3%, surpassing losses in other major benchmarks. Banking stocks declined, with Citigroup, LendingClub, and J.P. Morgan…
Facebook Marketplace Attracts Young Users Despite Declining Facebook Engagement
Facebook’s popularity among teens has dropped, but Marketplace remains widely used. A new partnership with eBay could boost sales and…
Kraken Plans to Go Public in 2026 as Cryptocurrency Gains Political Support
Kraken plans to go public in 2026, assessing market conditions before making a decision. The White House hosted a Digital…
Sam Bankman-Fried Seeks Trump’s Pardon After Fraud Conviction
Sam Bankman-Fried is seeking a Trump pardon after his FTX fraud conviction. His efforts include lobbying, legal consultations, and public…
DOJ Orders Google to Sell Chrome While Allowing AI Investments
The DOJ has dropped its demand for Google to sell its AI investments. However, the agency insists that Google must…
Gemini Moves Forward with IPO Plans as Crypto Industry Expands
Gemini has confidentially filed for an IPO, working with banks on the process. Other crypto firms, including Kraken and eToro,…
Quantexa, Flowdesk, and Renaissance Fusion Secure Major Investments
Quantexa raised €161 million to expand its Decision Intelligence platform. Flowdesk secured €94 million to enhance digital asset trading and…
AI Companies Set High Prices for Advanced Assistants
OpenAI plans to launch AI agents costing up to $20,000 per month. SoftBank has committed $3 billion to OpenAI's AI…
Consumers Slow Credit Card Spending After Holiday Surge
January's consumer credit growth slowed to $18.1 billion after December's surge. Revolving credit rose by $9 billion, while non-revolving credit…
Kraken Plans to Launch IPO in 2026 After Regulatory Battles
Kraken is reportedly preparing for a public listing in early 2026. The company’s revenue more than doubled in 2024, strengthening…
