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Robinhood revives checking with new debit card & 2% interest

Robinhood revives checking with new debit card & 2% interest This time it actually has insurance. Zero-fee stock trading app Robinhood is launching Cash Management, a new feature that earns users 2.05% APY interest on uninvested money in their account with the ability to spend it through a special Mastercard debit card. […]

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Messaging app Kik shuts down as company focuses on Kin, its cryptocurrency

Messaging app Kik shuts down as company focuses on Kin, its cryptocurrency Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission. The company’s team will be reduced to […]

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In a 130-page court filing, Kik claims the SEC’s lawsuit “twists” the facts about its online token

In a 130-page court filing, Kik claims the SEC’s lawsuit “twists” the facts about its online token CEO Ted Livingston of Kik Kik Interactive has hit back at the Securities and Exchange Commission lawsuit that claims a $100 million token sale was illegal. The company, which owns Kik Messenger, filed a 130-page […]

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Congressional testimony reveals some faults in Facebook’s digital currency plans

Congressional testimony reveals some faults in Facebook’s digital currency plans As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional […]

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7.7 million LabCorp records stolen in same hack affecting Quest

7.7 million LabCorp records stolen in same hack affecting Quest LabCorp is the latest laboratory testing giant this week to confirm it’s affected by the same third-party data breach. The Burlington, North Carolina-based medical giant said 7.7 million patients had their personal and financial data stolen by hackers, which hit the payment […]

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SEC expands its war on cryptocurrency companies with a lawsuit against Kik

SEC expands its war on cryptocurrency companies with a lawsuit against Kik The Securities and Exchange Commission has sued Kik Interactive for the $100 million token sale the company announced two years ago. It’s an expansion of legal actions that began last year as the SEC seeks to rein in companies that […]

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Beating back bears, Bitcoin briefly balloons beyond $4,900

Beating back bears, Bitcoin briefly balloons beyond ,900 Bitcoin went on a tear in early morning trading earlier today, popping up to above $4,900 and reminding some investors of the good old days of 2017. The currency is still trading up above 15 percent at $4,782.60, which is a healthy jump for […]

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Lyft’s stock has a blue Monday as shares slide after public debut

Lyft’s stock has a blue Monday as shares slide after public debut Investors took off their rose-colored glasses and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut. And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their […]

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Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rate

Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rate Elon Musk’s legal team responded late Monday, just before a deadline, to the Securities and Exchange Commission’s request to hold him in contempt of court over a tweet he made about Tesla’s production rate. In […]

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Equity Shot: Lyft files to go public and we’re stoked

Equity Shot: Lyft files to go public and we’re stoked Hello and welcome to an Equity Shot, a short-form episode of the show where we dive into a single breaking news story. Guess what we’re talking about today?! It’s Lyft . You guessed correctly. The Lyft S-1 is the very first major […]

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