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Robinhood Raises $320M, Valuation Hits $8.6B
Commission-free online brokerage Robinhood said Monday (July 13) that it has added $320 million to a funding round disclosed in May, bringing the total for the round to $600 million and producing a va...
Goldman Sachs quants overseeing $75 billion built a new pandemic-era risk factor from scratch. 2 execs walked us through how it works and their process for refining the model.
Goldman Sachs Asset Management's Quantitative Investment Strategies team, which manages $75 billion, developed a risk factor specifically for the coronavirus and continue to maintain it today. The s...
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips 16 Pct In China
In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80 percent of medical practices have been hit w...
Pankaj Balani, CEO at Delta Exchange, Explains how We Can Evaluate the Economic Value and Fair Price of Compound’s COMP Token which Surged Dramatically in June 2020
Pankaj Balani, CEO and Co-Founder at Delta, a derivatives exchange for cryptocurrencies, recently shared his views and insights with Crowdfund Insider about the dramatic surge in DeFi (decentralized f...
Apple allocates its first $400M from $2.5B commitment to address California’s housing crisis
Apple announced this morning it’s allocating more than $400 million toward affordable housing projects and other home...
Visa On The Role of ‘Super Apps’ In Driving Emerging Market Growth
“Careem” is an Arabic word meaning, in part, “noble, admirable and praiseworthy.” In the case of Dubai-based ride-hailing and delivery platform Careem and its efforts to modernize payments in ...
Microsoft spins out 5-year-old Chinese chatbot Xiaoice
Microsoft is shedding its empathetic chatbot Xiaoice into an independent entity, the U.S. software behemoth said (in Chinese) Monday, confirming an earlier report by the Chinese news site Chuhaipost...
Manufacturers Loosen Budgets To Make Tech Upgrades
The COVID-19 pandemic may have brought manufacturing to a halt, but that hasn’t stopped these same companies from investing in software upgrades and technology initiatives to stay competitive. The W...
Wirecard Probe Pushes German Government To Release Talks With CEO
Lawmakers are urging German Chancellor Angela Merkel to release transcripts of conversations between Deputy Finance Minister Jörg Kukies and former Wirecard CEO Markus Braun, as the collapse of the p...
We tabulated Jeffrey Epstein's notorious little black book, making its entries searchable for the first time
Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Su...
Newswire > Tag: finance
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