Regulations on the levels of capital banks must hold prevents sudden losses from spelling doom for individual banks and the broader financial system.
The rise of Zoom studios and FaceTime tours—not to mention specially designed robots—suggest a new reality for business-to-business dealings even in the most hands-on of industries: manufacturing.
Even when a creator scores a viral hit, repeat success can prove elusive
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
Virtual gaming platform Roblox is developing content ratings for games and easier-to-use parental controls, the company’s chief privacy officer Remy Malan told The Wall Street Journal.
Half of Roblox’s audience of more than 30 million daily users are kids under 13, but the platform has struggled at times to contain sexually explicit content. Age-inappropriate games sometimes surface up on kids’ “recommended for you” lists, according to the WSJ.
The platform’s current system restricts kids to specific games, but under the new system, parents would have more information about what kids might find in a given game; until you play a game, it’s not always clear that it might have explicit or inappropriate content in it.
Malan did not...
Top finance news: JPMorgan poaches Marcus exec, Morgan Stanley reveals Archegos hit, Carlyle power players, and Houlihan Lokey vacations.
Keith Gill exercised 500 call options and bought another 50,000 shares, boosting his GameStop position to 200,000 shares.
Music-streaming services, seeking to win credibility and subscribers, open up about artist payouts
Turkish lira has plummeted this year, leading locals to keep savings in dollars, euros and bitcoin
US stocks gained to finish off the week with the Dow and S&P 500 closing at record highs. Dogecoin staged a more than 100% gain at highs.
FOREX is an online international currency exchange that was established in 1971.Three types of traders make use of FOREX: banks, individuals, and corporations.In other words, online FOREX trading can help a bank, corporation or individual weather changes in currency exchange rates by having the foreign currency they need on hand.FOREX is unique in terms of trading exchanges.Instead of the typical exchange like Wall Street or Tokyo Exchange, FOREX is a fully digital foreign currency exchange system.The Currency exchange rate changes so rapidly that traders must be able to react to market changes in seconds.Instead of exchanging phone calls and trying to catch a lot of things by yelling and waving papers, currency trading is accomplished with the touch of a button on the computer.The ease of online currency trading appeals to many, both businesses and individuals.
Streaming revenue has been a longtime concern for musicians, especially those scraping by in the wake of an industry-wide implosion of record labels. Of course, a year that has made touring an impossibility has only brought those issues into starker relief as the primary revenue source for many has completely dried up. Apple is hoping […]
Morgan Stanley topped revenue estimates for both stock and fixed-income trading, as well as investment banking and wealth management.
Oh, super, Dogecoin is spiking. The joke currency, which as recently as January 27th was worth less than a cent, hit 47 cents this morning, according to Robinhood’s tracker. As I type this, the market cap is more than $51 billion.
The currency is based on an au-courant-as-of-2013 meme of a Shiba Inu, and was intended to satirize bitcoin. Well, kids, the joke’s over. It’s now a top-10 cryptocurrency.
Weird year for finance, honestly. There was the Gamestonk thing which made GameStop stock so valuable, a member of the board of directors had to step down so that he could sell shares without restrictions. (Noted investor David Einhorn accused Elon Musk of pouring “jet fuel” on the January rally; a hedge fund called the top of the January...
J&J privately contacted rival drugmakers also producing COVID-19 vaccines to join the study, and only AstraZeneca agreed, WSJ reports.
Financial-services firms spent much more on Biden than on Trump, and Bloomberg LP spent more than any other firm, data suggests.
Photo by Chris Welch / The Verge
Apple Music’s payment rate for artists and labels is a penny per stream on average, according to a letter from the company posted on its artist dashboard, viewed by The Verge, and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Apple says in the letter that its rates vary by subscription plan and country but average to a penny-per-stream.
Announcing an average penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called L...
Median pay for CEOs of more than 300 US top public companies climbed to $13.7 million in 2020, rising from $12.8 million in 2019.
Robinhood, which has filed to go public through an IPO, said the regulator's move is "elitist and against everything we stand for."
Coinbase Global Inc. seesawed on Thursday following a volatile trading debut, with momentum building around the stock even as some in the market struggled to place a value on the biggest U.S. cryptocurrency exchange.
The S&P information technology and communication services indexes, which include Apple Inc, Microsoft Corp and Facebook Inc, led gains after underperforming last month