Latest News on private equities market

Decrypt | Andrew Throuvalas| Jun 28, 2023 The fallout from Prime Trust's failure has highlighted the risks associated with crypto companies relying on third-party custodians for asset safety. Prime Trust was placed into receivership due to financial issues, with the State's filing indicating that Prime Trust is over $82 million in the hole from fiat

Cogo | Jul 5, 2023 Cogo aims to inspire individuals, businesses, and financial institutions to reduce their carbon footprint and contribute to a sustainable and fairer world. They achieve this by helping everyone understand how their spending affects the climate crisis and driving change on a global scale through partnerships with financial institutions. Cogo started

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

DealMaker Release | Jun 28, 2023 DealMaker's lawsuit against Darren Marble, Issuance Inc., and Crush Capital Inc. has been greenlit by the United States District Court for the Central District of California. The court has denied the defendants' motion to dismiss the case, affirming that DealMaker's trade secrets claims are adequately stated in the complaint.

Microsoft | Kate Behncken | Jun 28, 2023 Microsoft has launched a new AI Skills Initiative, aiming to equip people and communities worldwide with the ability to utilize AI effectively. Launch of AI Skills Initiative: This initiative is a response to the growing demand for AI skills, which are now considered the third-highest priority for

Higher earners may be subject to the 3.8% net investment income tax every year. Here's how to reduce your tax bill.

Tearsheet | Sara Khairi | Jul 5, 2023 The future of banking is expected to be a hybrid model, combining traditional and embedded financial services (Marqeta:  2023 state of payments report) Traditional vs Digital Banks -- Hybrid future?  Despite the rise of digital banking, traditional banks continue to play a significant role. Consumers are seeking

The FTC is considering changes to franchising rules that would affect companies from McDonald's to Yum Brands and Marriott.

Homeowners and renters insurance generally cover fireworks-related claims for property damage or injury. But there are exceptions.

FinanceIt | Release | Jun 26, 2023 FinanceIt acquires Simply Group's consumer loan business Strategic Acquisition: Financeit’s acquisition of Simply Group's consumer loan business, including SNAP Home Finance and EcoHome Financial, signals a dynamic expansion in the point-of-sale (POS) financing sector in Canada. By integrating Simply Group's proficiency in home improvement financing and its $3

In the fast-paced world of entrepreneurship, building a successful company can be only half the battle. Entrepreneurs may want to carefully plan their exit strategies to help meet their goals, potentially reward investors, and pave the way for future growth. … Continue reading →

The Byte | Maggie Harrison | Jun 29, 2023 OpenAI, the creator of ChatGPT, is facing a class action lawsuit in California for allegedly violating privacy and copyright laws. The suit claims that the company's AI training practices involved the unauthorized use of a vast amount of data scraped from various online sources, including social

FinanceIt | Release | Jun 26, 2023 FinanceIt acquires Simply Group's consumer loan business Strategic Acquisition: Financeit’s acquisition of Simply Group's consumer loan business, including SNAP Home Finance and EcoHome Financial, signals a dynamic expansion in the point-of-sale (POS) financing sector in Canada. By integrating Simply Group's proficiency in home improvement financing and its $3

July 4, 2023 Small businesses form the backbone of the Canadian economy. They boost local industry, drive innovation, and create jobs. In fact, businesses with 1 to 99 employees comprised 98.0% of all employer businesses in the country in 2022, according to Statistics Canada. Expanding a small business, taking advantage of seasonal opportunities, or meeting

Bank failures and interest rate hikes have prompted investors to redeploy their savings in order to generate greater yield while protecting their principal.