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Block completes acquisition of "buy now, pay later" specialist Afterpay
Feb 01,2022
Block (formerly Square) announced that it has successfully closed its acquisition of the "buy now, pay later (BNPL)" company Afterpay.  The recently-renamed firm originally announced plans to purchase the payment processing company for AU$3...
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Coachella to auction 10 lifetime festival passes as NFTs
Feb 01,2022
Coachella announced on Tuesday that it will be auctioning off 10 NFTs that will serve as stand-ins for lifetime festival passes. The move is part of a larger deal with cryptocurrency exchange FTX.  More Crypto How do I buy Bitcoin? Here's how...
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AMD's Q4 EPYC growth headlines a record-breaking 2021
Feb 01,2022
Microprocessor maker Advanced Micro Devices (AMD) reported revenue and operating income growth for the fourth quarter and fiscal year ending December 25, 2021.  Revenue rose 49%, year over year, for the final quarter. The$4.8 billion in net sale...
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No, Linus Torvalds is not Bitcoin's legendary creator Satoshi Nakamoto
Jan 31,2022
One of the great tech mysteries is "Who really is Bitcoin's inventor, the mysterious Satoshi Nakamoto?" Recently, some people thought Linus Torvalds, the developer behind both the world's most popular operating system, Linux, and its most popular dev...
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Citrix to be acquired for $16.5 billion
Jan 31,2022
Citrix has entered into a definitive agreement to be acquired by affiliates of Vista Equity Partners, a leading global investment firm focusing on enterprise software and data technologies, and Evergreen Coast Capital Corporation, an affiliate of Ell...
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NFT lending marketplace Arcade officially launches platform enabling liquid lending markets for NFTs
Jan 31,2022
NFTs, or non-fungible tokens, are perhaps the most broadly defined and misunderstood form of a digital asset. Whether it's a digital artwork or a tokenized deed to a plot of land, NFTs have been called many things by many people, often lumped with cr...
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Synchrony beats Q4 earning estimates, reports 10% increase in net income
Jan 31,2022
Synchrony reported on Friday its fourth quarter earnings for the period ending December 31, 2021 of$813 million, or$1.48 per share, on revenue of$2.17 billion. Analysts had estimated an EPS of$1.47. The financial services company narrowly squeezed by...
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Capital One announces new welcome bonus for the Spark Cash Plus business card
Jan 31,2022
Capital One announced last week that new Spark Cash Plus cardholders can earn up to$3,000 from the card's welcome bonus until March 14. Earn$500 for spending$5,000 in the first three months, and$2,500 for spending$50,000 within six months. The welcom...
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Juniper Networks beats revenue expectations, touts $1.8 billion order backlog
Jan 28,2022
Juniper Networks' Q4 2021 results exceeded expectations with a 6% year-over-year bump in fourth-quarter revenues, while net income jumped 49% to$132.9 million, or$0.40 per diluted share.  Despite ongoing supply chain constraints, the hard n...
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US lawmakers want answers about crypto mining's environmental impact
Jan 28,2022
A group of eight Democratic US lawmakers led by Massachusetts Senator Elizabeth Warren is seeking answers from US-based cryptocurrency mining operations about their power consumption and the potential environmental impact of their businesses.  ...
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Visa reports 24% rise in Q1 revenue, 20% increase in payment volume
Jan 28,2022
Visa announced Thursday that its earnings for the quarter ending in December 2021 totaled$3.9 billion, or$1.81 per share, up 25% from last year on revenue of$7.1 billion. The company narrowly surpassed EPS estimates, with analysts expecting earnings ...
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LeBron James announces pact with Crypto.com for Web3 educational project
Jan 28,2022
LeBron James and his foundation announced a new partnership with Crypto.com that will see the company offer educational opportunities centered around Web3. Crypto.com is just one week out from a devastating hack that saw more than$31 million stolen f...
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