Category: Finance

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SEC’s new cyber unit takes its first action to halt an initial coin offering ‘scam’

SEC’s new cyber unit takes its first action to halt an initial coin offering ‘scam’

The Securities and Exchange Commission has charged Canadian crypto company PlexCorp with violating securities laws by selling up to $15 million in ...
Silicon Valley could be the next hotspot for SEC whistleblowers

Silicon Valley could be the next hotspot for SEC whistleblowers

Jordan A. Thomas Contributor Jordan A. Thomas, chairman of the whistleblower representation practice at Labato ...
Chinese search engine Sogou up 4% following IPO

Chinese search engine Sogou up 4% following IPO

Sogou, the Chinese search engine, debuted on the New York Stock Exchange on Thursday, under the ticker “SOGO.” After pricing at the top of the rang ...
Financial tech startup WeLab raises $220M from investors including Alibaba, the IFC and Credit Suisse

Financial tech startup WeLab raises $220M from investors including Alibaba, the IFC and Credit Suisse

WeLab, an financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt ...
Square’s dominant year hits a snag

Square’s dominant year hits a snag

Square is continuing to make its bid to capture the payments of small businesses around the world, as well as tap into the momentum of peer-to-peer ...
BitTorrent inventor announces eco-friendly Bitcoin competitor Chia

BitTorrent inventor announces eco-friendly Bitcoin competitor Chia

A Bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that ...
Revolut is applying for a European banking license to become a true bank

Revolut is applying for a European banking license to become a true bank

It’s hard to believe that fintech startup Revolut still doesn’t have a proper banking license. Many users will tell you that Revolut’s electronic w ...
Snap is having a bad day

Snap is having a bad day

Ho boy — there are bad days and there are bad days in an earnings season, and this is definitely the latter for Snap. The company released its quar ...
Snapchat share price craters on weak revenue and user growth in Q3 2017

Snapchat share price craters on weak revenue and user growth in Q3 2017

Snap’s losing streak continued with today’s Q3 2017 earnings report that saw it miss financial expectations and add just 4.5 million users. Snap ea ...
Acorns to launch new retirement accounts after buying Portland fintech startup, Vault

Acorns to launch new retirement accounts after buying Portland fintech startup, Vault

Micro-investment service, Acorns, which automatically invests small amounts from its customers’ bank accounts into investment funds, has bought Vau ...
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