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ContextLogic Inc. (WISH) announced that its Dutch subsidiary ContextLogic B.V. (CLBV) has been granted a Payment Services License from the Dutch Central Bank. ContextLogic is an E-commerce platform that facilitates transactions between buyers and sellers. The stock is gaining a lot of attention amid the meme stock frenzy, with WISH gaining 53% in the past month compared to a six-month decline of 43.2%. (See ContextLogic stock charts on TipRanks) The new Payment Services License will allow the… Source link

Tiffany Thompson’s condo in Indian Wells, California. Tiffany Thompson decided that a year of working from her Los Angeles home with her husband was too much of a good thing. A change of scenery and the ability to be apart on occasion in a home away from home seemed appealing. Plus, the Emmy-winning freelance TV producer and her husband, Chase Kopecky, an editor at ABC Network Television, had been saving money. “I was making more money than normal because I was able to do multiple projects at… Source link

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri July 7 (Reuters) – Earth data and analytics company Planet Labs Inc, which is backed by Alphabet Inc’s (GOOGL.O) Google, will go public through a merger with a blank-check company in a deal valued at $2.8 billion, the companies said on Wednesday. Planet Labs will merge with dMY Technology Group Inc IV (DMYQ.N) and list on the New York Stock Exchange. The company, which… Source link

Jaap Arriens | NurPhoto | Getty Images Former President Donald Trump said Wednesday he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai. Trump, who has a history of threatening legal action but not always following through, made the announcement at his golf club in Bedminster, New Jersey, at 11 a.m. ET alongside two leaders from America First Policy Institute, the pro-Trump nonprofit group that is supporting the… Source link

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. Yandex Self-Driving Group (NASDAQ: YNDX) announced Tuesday it reached a multi-year partnership with the delivery company Grubhub to expedite deliveries on college campuses in the United States. The idea is to use Yandex’s technology and its driverless robots to deliver food to students on college campuses. The US delivery firm, on the other hand, has a partnership with over 250 college campuses across the… Source link

If you use an iPhone or Android phone, chances are the majority of your most-used apps were made by Apple and Google. That’s the takeaway from a new Comscore study that ranks the popularity of preinstalled iOS and Android apps, such as Apple’s Messages, alongside apps made by other developers. The results show that the majority of apps people use on their phones in the US come preinstalled by either Apple or Google. The first-of-its-kind report was commissioned by Facebook, one of… Source link

Stock futures gained after a mixed session on Tuesday, during which the S&P 500 and Dow each pulled back from record levels. Contracts on the S&P 500 rose by 0.2% with two hours until the opening bell. The index pulled back by the end of the regular session Tuesday, but this came following a notable run-up for the blue-chip index in recent weeks: It had closed at record highs at the end of each of the last seven sessions, and hit a record intraday high Tuesday morning.  The Dow also headed… Source link

(Adds valuation, background on company, sector)    July 7 (Reuters) – Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering (IPO), a person familiar with the matter told Reuters on Wednesday, as the company confidentially filed regulatory paperwork for its stock market listing.    The food sector has gained investor attention over the past few years, especially as fast-food chains and upscale restaurants create new menus to attract health- and… Source link

Enlarge / Google Chat, in just some of its many form factors. Google Chat officially launched for consumers recently, and that means the time has come to dive back into everyone’s favorite subject: Google messaging services! Google Chat is the latest in Google’s long and prodigious line of (usually) short-lived messaging applications, but this one is a bit more important than most of the others. While the “~2 years and under” club is packed… Source link

This week, we continue the conversation about Ethereum miners and how they’re preparing for changes to the reward dynamics of the network. Also, we take a look at what other asset types are popularly used on decentralized finance (DeFi) applications beyond ether (ETH).  Welcome to another edition of Valid Points. This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points… Source link