Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there… Source link
Read More »Rory McIlroy takes shots at Greg Norman after RBC win
There perhaps hasn’t been a stronger critic of the LIV Golf Invitational Series on the PGA Tour than Rory McIlroy. After picking up his second consecutive win at the RBC Canadian Open on Sunday afternoon in Toronto, McIlroy couldn’t help but take another shot at the controversial Saudi Arabian-backed golf league. “Twenty-first PGA Tour win, one more than someone else,” McIlroy said on CBS. “That gave me a little extra incentive today. Really happy to get that done.” That… Source link
Read More »US takes step closer to sending Russian oligarchs’ billions straight to Ukraine
On Thursday, President Joe Biden announced a proposal to get even more aggressive with the billions seized from Russian oligarchs who have close ties to Vladimir Putin. The White House released the outlines of what it calls a new comprehensive legislative package around Ukraine that includes provisions to “streamline the process for seizure of oligarch assets, expand the assets subject to seizure, and enable the proceeds to flow to Ukraine,” the White House said. The move on oligarchs and… Source link
Read More »Errol Spence Jr. takes Yordenis Ugas’ belts, calls out Crawford
Errol Spence Jr. and Yordenis Ugas were nose-to-nose for the better part of 10 rounds on Saturday in their battle for three quarters of the welterweight belts at AT&T Stadium in Arlington, Texas. That was a big problem for Yordenis Ugas. Spence is too good, too strong and too powerful of a puncher for Ugas to fight the way he did, throwing few punches and not moving out of the way. Spence crushed Ugas repeatedly with uppercuts, closing his right eye, which eventually led to referee Laurence… Source link
Read More »Russia takes steps to punish Google over YouTube ‘fakes’
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/ Register now for FREE unlimited access to Reuters.com Register April 7 (Reuters) – Russia’s communications watchdog said on Thursday it was taking punitive measures against Google (GOOGL.O), including a ban on advertising the platform and its information resources, for violating Russian law. Roskomnadzor accused Google’s YouTube video-sharing platform,… Source link
Read More »Elon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-Up
(Bloomberg) — Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. Most Read from Bloomberg Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday in a regulatory filing. The gain marked the stock’s biggest intraday increase since its first day of trading following the company’s 2013 initial public offering. The stake is worth about $2.89 billion, based on… Source link
Read More »Musk takes 9% stake in Twitter to become top shareholder, starts poll on edit button
By Nivedita Balu (Reuters) – Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a rise of more than 27% in the company’s shares. Musk’s move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving “serious thought” to building a new social media platform, while questioning Twitter’s commitment to free speech. He also started a poll asking Twitter… Source link
Read More »Google I/O 2022 takes place May 11th and 12th, and it will be fully available online
Google’s big annual developer conference, Google I/O, will take place May 11th and 12th, the company announced Wednesday. The event will once again be fully online, though it sounds like at least some of the conference will be streamed live from the Shoreline Amphitheatre, a frequent Google I/O venue. “This year’s event will be broadcast in front of a limited live audience, and is completely free and open to everyone virtually,” Google spokesperson Alex Garcia-Kummert said in a… Source link
Read More »Champion boxer Vasiliy Lomachenko reportedly takes up arms to defend Ukraine from Russia
Vasiliy Lomachenko, a former three-division world champion and two-time Olympic gold medalist with eyes on a title bout in June, has reportedly taken up arms to defend his native Ukraine against the Russian invasion. Lomachenko, 34, posted an image of himself wearing military fatigues and holding a rifle via Facebook on Sunday alongside an announcement that he has joined a voluntary defense battalion amid the Russian onslaught. “The Belgorod-Dniester Territorial Defense Battalion has been… Source link
Read More »Buffett Takes ‘Mildly’ Attractive Path With Record Buybacks
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc., lacking the blockbuster deals that have galvanized the billionaire investor’s renown, embraced a “mildly attractive” way to deploy its vast cash pile last year via a record-breaking level of buybacks — and showed little sign of changing course. Most Read from Bloomberg Berkshire bought back a total of $27.1 billion in 2021, the highest annual level since Buffett began more aggressively repurchasing stock in 2018. The buybacks… Source link
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