Tag Archives: Trust

What is a Reverse Morris Trust: Yahoo U

For more business and finance explainers, check out our Yahoo U page. AT&T’s blockbuster deal to merge its content subsidiary WarnerMedia to Discovery Inc. made waves in the media industry. But the deal required a bit of financial acrobatics to pull off, involving a merger strategy known as a Reverse Morris Trust. In a standard merger, a large company buys a small company. But the Reverse Morris Trust deal allows Discovery (the smaller company) to absorb a major asset from AT&T (the larger… Source link

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Firm Behind Biggest Bitcoin Trust Is Hiring Entire ETF Team

(Bloomberg) — Grayscale Investments is making a bet that the approval of a U.S. cryptocurrency ETF is not too far off in the future. The digital-asset management firm has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the Securities and Exchange Commission for a crypto ETF — a goal that has eluded U.S. funds for years. “The race to launch the first Bitcoin ETF is heating up,” said Todd Rosenbluth, director of ETF research for CFRA… Source link

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American’s Trust Google More Than Facebook or TikTok

Just Because Americans Trust Google The Most, That Doesn’t Mean They Trust Google Entirely Americans Trust Facebook And TikTok The Least American’s Require More Digital Education What Can Social Media Giants Do To Increase Trust? In a world of fake news and misinformation, 1,057 U.S. residents were asked how they feel about social media and search platforms. The recent survey uncovered trust levels in tech companies, which platforms cause concern and opinions regarding tech space… Source link

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Grayscale’s Ethereum Trust Premium Follows Bitcoin Sibling Into Flipping Negative

Bloomberg Cathie Wood’s Power in Some Stocks Is Even Bigger Than It Seems (Bloomberg) — A rough week for Cathie Wood is reminding Wall Street that Ark Investment Management has a lot of cash in not that many companies. In fact, the firm’s dominance in some stocks may be even greater than it seems.Ark now owns more than 10% of at least 29 companies via its exchange-traded funds, up from 24 just two weeks ago, according to data compiled by Bloomberg.Less discussed are holdings of Nikko… Source link

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Google Cloud Unveils New BeyondCorp Zero Trust Security Platform

Google Cloud Tuesday unveiled BeyondCorp Enterprise, its new zero trust identity and security platform with agentless support delivered through Google’s Chrome browser that’s used by more than 2 billion users globally. Now generally available, BeyondCorp Enterprise is designed to provide continuous and real-time end-to-end protection, scalable DDoS protection and built-in, verifiable platform security. It includes embedded data and threat protection built into Chrome—which has… Source link

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Robinson: I think Brett Favre told Aaron Rodgers not to trust Packers front office

Senior NFL Writers Terez Paylor and Charles Robinson discuss what’s next for Green Bay and Aaron Rodgers. Could the Packers have another ugly divorce with a Hall of Fame quarterback? It sounds like Brett Favre is telling Rodgers to watch his back. Hear the full conversation on the Yahoo Sports NFL Podcast. Subscribe on Apple Podcasts, Spotify, Stitcher or wherever you listen. Source link

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People Trust receives $650,000 from Google small business funds

Little Rock-based People Trust Community Loan Fund announced it has received a $500,000 Grow with Google Small Business Fund loan and a $150,000.00 Google.org-funded grant from Opportunity Finance Network (OFN), a network for Community Development Financial Institutions (CDFIs). The grant will help People Trust better serve women and BIPOC-owned (black, indigenous, and people of color) small businesses in Arkansas. People Trust is a certified 501(c)(3) Community Development Financial… Source link

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