Sherpa Capital and Virgin Hyperloop One co-founder Shervin Pishevar said on Tuesday that he is taking a leave of absence from both firms on his own accord. “As many of you have seen in recent news coverage, I filed a lawsuit last month against what I believe to be potential perpetrators of a smear campaign […]
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Apple launched Apple Pay Cash this week. It’s a new feature of iOS 11.2 that lets you exchange money with friends. It competes with PayPal‘s Venmo, Square Cash and other digital payment services. You use it by setting up a digital Apple Pay Cash card on your phone. You can then use it in stores […]
Read moreSteve Schwarzman, chairman and CEO of Blackstone, calls the tax reform working its way through Congress a “game changer.” The billionaire former advisor to President Donald Trump as part of his policy forum, told CNBC’s “Halftime Report” on Tuesday that the bill was “actually sort of a game changer because there has been enormous frustration […]
Read moreMashable, once a fast-growing digital publisher with big ambitions, has been sold at a fire sale price. Ziff Davis, a digital media subsidiary of tech company J2, is buying Mashable for less than $50 million, according to people familiar with the transaction. In the spring of 2016, Time Warner‘s Turner led a $15 million investment […]
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Goldman Sachs remains pro-risk in equities, but the investment bank’s top strategists say “time is running out for Goldilocks.” An economy growing at just the right speed to support stock prices but not trigger inflation will soon end as consumer prices and rates start creeping higher next year, according to the report from the global […]
Read moreTwitter, founded in 2006, has gotten a lot of attention in 2017, thanks largely to President Donald Trump. He is known for going on Twitter to air his grievances, express himself and make his opinions public. And in fact, Trump was the most-tweeted-about global leader in the world and in the United States, according to […]
Read moreAs bitcoin surges well above $11,000, the newly created wealth means some early investors have become digital multimillionaires in dollar terms. Winklevoss twins Cameron and Tyler are most prominent. In April 2013, the Winklevoss twins had $11 million in bitcoin at $120 a coin. That’s a combined worth of just more than $1 billion with […]
Read moreIn September, an ad with the headline, “New Approval Ratings For President Trump Announced And It’s Not Going The Way You Think,” targeted Facebook users in the U.S. who were over 40 and labeled as “very liberal” by the tech company. “Regardless of what you think of Donald Trump and his policies, it’s fair to […]
Read moreThe trading environment is decidedly less exciting than it was during last year’s post-election rally, as JPMorgan Chase‘s chief financial officer points out. Revenue from sales and trading at the bank is running 15 percent lower so far in the fourth quarter compared to this point in the same period last year, Marianne Lake told […]
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When I travel, I want to be as comfortable as possible, whether it’s in the hotel, on a plane or in the car. I carry a lot of gadgets — my friends have even remarked that my hotel room is like stepping into a toy store — and many of these will help you travel […]
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