I found $20 in my old pants and I’m ready to take over Robinhood
There’s speculation that Robinhood is a takeover target. I don’t see why I should wait for someone else to buy it when I’ve got $20 right here....
Read moreCategory: Business
Tinder steps back from metaverse dating plans as business falters
Match Group has announced it’s scaling back Tinder’s metaverse dating ambitions and scrapping plans to offer an in-app Tinder Coins currency....
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HBO Max’s $90 million Batgirl movie is headed to the vault
Warner Bros. will shelve its nearly completed Batgirl movie instead of releasing it straight to streaming on HBO Max. New executives at Warner Bros....
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MicroStrategy CEO Michael Saylor steps down to ‘focus’ on Bitcoin as chairman
MicroStrategy co-founder Michael Saylor is stepping down as CEO and will instead assume the role of executive chairman. Saylor says this will allow...
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Robinhood quarterly revenue drops by almost half
Robinhood just issued a disastrous report for Q2 of 2022, with revenue that dropped 44 percent from the same period last year. CEO and co-founder...
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Robinhood is firing nearly a quarter of its staff
Robinhood, the company behind the popular stock trading app, has announced that it’s firing 23 percent of its staff just months after a previous...
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Roku has a problem — its buttons aren’t printing enough money
Roku says that a lack of expected button revenue is to blame for some of its missed goals. How could this have happened, when they’re sooo useful?...
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Helium says its crypto mesh network is used by Lime and Salesforce — it isn’t
Helium listed Lime and Salesforce as users of its crypto mesh network. Both companies deny it, raising doubts about who’s actually using the...
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$7 billion verdict awarded after Charter Spectrum tried to forge documents in a murder case
A Texas jury awarded $7 billion in punitive damages to the family of a Charter Spectrum customer murdered by one of its technicians the day after a...
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Twitter v. Elon Musk trial date set to start October 17th
Twitter’s lawsuit against Elon Musk over his attempt to get out of their acquisition deal is scheduled in Delaware’s Court of Chancery from...
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Sony warns of weaker PlayStation business as game sales wobble
Sony’s PlayStation game sales dipped in the recent quarter, and the company has warned next quarter won’t be much better. Sony is still...
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The Twitter Blue subscription is getting more expensive
Twitter is increasing the price of its premium Blue subscription from $2.99 to $4.99 in the US, which offers an undo button, Top Articles tracker,...
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Meta will stop paying US publishers to put their content in Facebook’s News tab
In 2019 Facebook launched a News Tab with curated stories from approved organizations and paid some US publishers to aggregate content. Now those...
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JetBlue will acquire Spirit, creating the fifth-largest airline in the US
JetBlue will merge with Spirit, creating the fifth-largest airline in the US. The deal was made after Spirit’s plan to merge with Frontier fell...
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Comcast’s broadband business stopped growing for the first time ever
Comcast’s broadband subscribers were flat in its Q2 2022 earnings release, marking the first time it failed to add new subscribers. Comcast...
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Spirit and Frontier Airlines throw out merger agreement
Spirit and Frontier have terminated a deal that would merge the two budget airlines. This leaves room for JetBlue to acquire the company. Spirit and...
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AT&T is not building a cloud gaming business — but it might be angling for a cut
Despite signs that it’s interested in cloud gaming, AT&T says it doesn’t plan to build an app, service, or network around the technology. For...
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OneWeb and Eutelsat merger sets up a European satellite internet giant to take on SpaceX, Amazon
The $3.4 billion merger of OneWeb and Eutelsat puts together internet from 36 geostationary satellites and 648 low Earth orbit satellites. If the...
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Nest co-founder Matt Rogers invests in EV conversion company Everrati
UK-based Everrati, which converts and re-engineers prestige cars like Porsche’s 911 into electric cars, is now operating in the US in partnership...
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Google parent Alphabet’s profit slips again after CEO warns of ‘economic headwinds’
The Q2 2022 earnings report for Alphabet, the parent company of Google and YouTube, shows that the company’s profits are down year over year and...
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Elon Musk’s lawyers say Twitter is making the pretrial process impossible
With a trial set to begin in October, Musk’s lawyers say they’re scrambling to get ready — and Twitter’s refusing to help. Elon Musk’s...
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Best Buy is testing a tiny digital-first store that opens its doors Tuesday
Best Buy is opening its first-ever "small-format, digital-first" location near Charlotte, North Carolina. The new store will feature a...
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Amazon is buying ‘membership-based’ healthcare provider One Medical for $3.9 billion
One Medical offers a $199 subscription to a modernized doctor’s office with 24/7 telehealth access and guaranteed appointments. Now, Amazon is...
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Shell makes e-scooters, battery banks, and other non-gas stuff, and I have no idea why
Shell now has its name on low carbon emission transport vehicles like e-scooters and e-bikes. The company also makes other consumer electronics,...
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Tesla sold 75 percent of its Bitcoin
Tesla reports a $2.26 billion profit for Q2, a 31 percent decrease from last quarter. This comes after the company announced hiring freezes and...
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Google reportedly pauses hiring for two weeks to ‘review our headcount needs’
Google has reportedly announced a two-week hiring freeze. The Information reports Google vice president Prabhakar Raghavan told employees this will...
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Netflix’s ad-supported tier won’t have everything at launch
Netflix’s upcoming ad-supported offering won’t include all of the content you can currently watch on the streaming service, according to Netflix...
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Instagram’s trying to make it easier to find nearby businesses
Instagram has introduced an updated map that lets you browse through nearby businesses on a map and search for restaurants, parks, cafes, or other...
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