In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is king. The turmoil inflicted on financial markets has sent cautious investors running away from volatile markets and toward more liquid alternatives.
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After Sarah Oh lost her job as a human rights advisor at Twitter late last year in the first round of layoffs following Elon Musk’s chaotic acquisition of the company, she decided to join a friend in building a rival service.
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Want to buy a new coat without shelling out the entire cost upfront? For shoppers, that’s becoming an increasingly popular payment option — generating a windfall for the handful of companies that facilitate such services. What’s happening: Square, which owns the Cash App, announced Sunday that it’s buying Afterpay for $29 billion, the largest acquisition of […]
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Twitter will stop accepting political ads, the company’s CEO, Jack Dorsey, announced Wednesday. “We’ve made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought,” Dorsey tweeted. “A political message earns reach when people decide to follow an account or retweet. Paying for reach removes that […]
