Tag Archives: Fee

Franklin Templeton cuts fee on spot bitcoin ETF

Franklin Templeton cuts fee on spot bitcoin ETF

Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton’s Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to… Source link

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Google balks at ‘excessive’ fee request in sanctions dustup

Google balks at ‘excessive’ fee request in sanctions dustup

A view of the main lobby of building BV200, during a tour of Google’s new Bay View Campus in Mountain View, California, U.S. May 16, 2022. Picture taken May 16, 2022. REUTERS/Peter DaSilva Register now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Google’s lawyers at Quinn Emanuel raise questions about veteran litigator David Boies’ role in case and his $1,950 rate California court in May said plaintiffs can recoup some fees for litigation-related… Source link

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Coinbase ‘tremendously overvalued’ as fee feast set to end, warns short-selling legend Jim Chanos

Coinbase ‘tremendously overvalued’ as fee feast set to end, warns short-selling legend Jim Chanos

Leading U.S. crypto exchange Coinbase is “tremendously overvalued” at current levels, warned short-selling legend Jim Chanos, predicting a collapse in fee income that will send the stock plunging. He told the Crypto Critics Corner podcast that Coinbase still gorges itself on overly favorable retail trading commissions, and his short position is based on an end to the “feasting” it enjoys relative to mature brokers like Charles Schwab. “Coinbase was not a call on crypto prices,”… Source link

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Buffett needed two weeks for $11.6 billion Alleghany purchase, balked at Goldman fee

Buffett needed two weeks for $11.6 billion Alleghany purchase, balked at Goldman fee

By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as he balked at paying the insurer’s banking fee, a regulatory filing on Monday shows. Alleghany said its Chief Executive Officer Joseph Brandon met with Buffett for dinner in New York City on March 7, where after some “casual conversation” Buffett offered $850 per share in cash for the… Source link

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Google, Apple will need to be ‘forcibly’ removed from app fee business, analyst says

Google (GOOG, GOOGL) recently revealed a pilot program that will allow Spotify (SPOT) users to circumvent Google Play’s billing system. Spotify is among the companies that have publicly fought against Google and Apple’s hold on their respective app stores. Apple takes a 30% commission on app and in-app purchases for larger developers, while Google Play takes either a 30% or 15% commission, depending on a variety of factors. This seems like a small but substantial turning point for… Source link

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Amazon stock soars 15% after earnings, will hike Prime membership fee

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours. These are the top- and bottom-line results for Amazon’s fourth quarter. Earnings per share: $27.75 vs $3.77 expected Revenue: $137.4 Billion vs $137.82 Billion expected AWS net sales: $17.78 Billion vs $17.23 Billion expected This is the third time since the launch of Amazon Prime that the e-commerce giant… Source link

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Tesla’s Musk denies demanding to be Apple CEO, calls App Store fee ‘global tax on the internet’

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link

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Lower 15% Google Play fee offered for Wear OS, Android Auto integrations

Google is offering Android app developers a lowered Google Play commission rate if they agree to add deeper integration for Google platforms like WearOS and Android Auto in their apps. Like Apple’s App Store, Google charges a 30% commission fee for transactions in the Google Play Store. While it has already announced one program to reduce the fee for some developers, it has introduced a second that could make the change more permanent for larger apps. Called the Play Media Experience… Source link

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Judge Koh Nixes $30M Attorney Fee Award in Approving Yahoo Data Breach Settlement

U.S. District Judge Lucy Koh of the Northern District of California (Photo: ALM) A federal judge has granted final approval in a $117.5 million class action settlement over Yahoo Inc.’s data breaches but found that class counsel’s $30 million fee request was too high. Want to continue reading?Become a Free ALM Digital Reader. Benefits of a Digital Membership: Free access to 3 articles* every 30 days Access to the… Source link

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