Tag Archives: Million

New York regulators slap Robinhood’s crypto business with $30 million fine

Robinhood lays off almost a quarter of its staff The company cut nine percent of its workforce earlier this year. I. Bonifacic @igorbonifacic   Andrew Kelly / reuters For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According to … Continue reading New York regulators slap Robinhood’s crypto business with $30 million fine

FTC hits Twitter with snark and $150 million fine for allegedly selling security data to advertisers

Company broke previous promise to protect users’ personal information. Constantine von Hoffman on May 26, 2022 It’s never a good sign for a company when the Federal Trade Commission gets snarky. So, it was bad news for Twitter on Wednesday when the FTC said: “Twitter to pay $ 150 million penalty for allegedly breaking its … Continue reading FTC hits Twitter with snark and $150 million fine for allegedly selling security data to advertisers

How Duolingo built a successful $250 million brand by being kind of a jerk

By Brian Honigman     April 26, 2022   “Have you been physically or emotionally injured by Duolingo?” asked the attorney, who promised to get victims millions in compensation. It wasn’t a real TV ad from a scummy lawyer, but an April Fool’s prank released earlier this month by Duolingo, the popular education app known … Continue reading How Duolingo built a successful $250 million brand by being kind of a jerk

Binance Recovers Nearly $6 Million from Hackers of Axie Infinity

Alejandro Arrieche Last updated: 22 April 2022 The popular cryptocurrency exchange Binance reportedly recovered a total of $ 5.8 million of the approximately $ 650 million stolen by North Korean hackers from the popular play-to-earn (P2E) platform Axie Infinity. In a tweet published this morning, the founder of the global crypto exchange, Changpeng Zhao, a.k.a … Continue reading Binance Recovers Nearly $6 Million from Hackers of Axie Infinity

Binance Carries Out 19th Token Burn Worth $741 Million

Alejandro Arrieche Last updated: 20 April 2022 The popular cryptocurrency exchange Binance just announced that it completed its 19th token burn for a total of 1.84 million BNB tokens whose market value is approximately $ 741.84 million. According to data compiled by CoinMarketCap, the current circulating supply for BNB stands at 165.12 million which means … Continue reading Binance Carries Out 19th Token Burn Worth $741 Million

Warner Music and BlackRock are investing $750 million in female and diverse artists

By Clint Rainey   February 24, 2022   Lately, white male arena-rock artists have really been cashing in on their back catalogs as they approach retirement age. But in a surprising pivot, Warner Music Group, the third-largest record label, has partnered with BlackRock, the world’s largest asset manager, on a new $750 million fund that … Continue reading Warner Music and BlackRock are investing $750 million in female and diverse artists

To the 9 Million+ Covidpreneurs, Please Ask These 3 Questions

Samuel Sanders December 17, 2021 ar130405 / Pixabay The coronavirus pandemic has caused a surge in entrepreneurship. Since December of 2019, there have been over 9.5 million new businesses formed according to the U.S. census. Some of those founders are first-time founders or are brand new to the entrepreneurial world. If that is you, I … Continue reading To the 9 Million+ Covidpreneurs, Please Ask These 3 Questions

AddThis Founder Hooman Radfar Launches Collective With $8.65 Million In Funding

AddThis Founder Hooman Radfar Launches Collective With $8.65 Million In Funding by Laurie Sullivan , Staff Writer @lauriesullivan, October 2, 2020 Will Tams, director of creative at The Collective Spark, began using Collective (no relation) to spend more time on the creative process and less on pushing papers and managing his business. Tams wears many hats, but … Continue reading AddThis Founder Hooman Radfar Launches Collective With $8.65 Million In Funding

Google removed 2.7 billion bad ads, nearly 1 million ad accounts in 2019

This year,the company says it has removed “tens of millions” of COVID-19 related ads. Ginny Marvin on April 30, 2020 Last year, Google says it took down 2.7 billion so-called bad ads for violating the company’s ad policies, according to its annual report released Thursday. That’s up from the 2.3 billion bad ads Google reported … Continue reading Google removed 2.7 billion bad ads, nearly 1 million ad accounts in 2019