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August 2, 2021

DIGITAL

Tech executive invests in digital news start-up launched by veteran D.C. journalists

CNBC
CNBC – For more and to sign up click here Stevica Mrdja / EyeEm | EyeEm | Getty Images A digital news start-up that’s being launched by veteran journalists received an investment from a top tech executive. The start-up, expected to launch in the fall, is led in part by......

Big Tech dodged impact of Apple’s privacy changes in ‘red hot’ digital ad market… for now

CNBC
CNBC – For more and to sign up click here The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. Justin Tallis | AFP via Getty Images All eyes were on the potential negative impact of Apple‘s recent privacy changes on tech......

Burger King parent earnings top estimates as domestic digital sales grow nearly 60%

CNBC
CNBC – For more and to sign up click here Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue......

Wingstop plans ghost kitchens in Manhattan as company leans on digital

CNBC
CNBC – For more and to sign up click here Wingstop has laid out plans to expand its presence in Manhattan with dozens of new locations set to open in the market, CEO Charlie Morrison told CNBC on Wednesday. Many of those locations will come in the form of ghost......

Facebook creates exec team to work on Mark Zuckerberg’s vision for a digital universe

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CNBC – For more and to sign up click here David Paul Morris | Bloomberg | Getty Images Facebook will create a product team to work on the “metaverse,” a concept that involves creating digital worlds that multiple people can inhabit at the same time. The metaverse team will be......

From bitcoin rallying to Amazon hiring a digital currency expert: 6 things that happened in crypto this past week

CNBC
CNBC – For more and to sign up click here After a sell-off last week, bitcoin, the largest cryptocurrency by market value, began to rally over the weekend. Its price topped $39,000 for the first time since mid-June on Monday morning, and is currently trading at around $38,603 as of......

China’s digital yuan could pose challenges to the U.S. dollar

CNBC
CNBC – For more and to sign up click here China is beating the U.S. when it comes to innovation in online money, posing challenges to the U.S. dollar’s status as the de facto monetary reserve. Nearly 80 countries — including China and the U.S. — are in the process......

UK digital bank Starling trims losses as revenue skyrockets 600%

CNBC
CNBC – For more and to sign up click here The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — British digital bank Starling reported a sevenfold increase in revenue in the 16 months ending March 2021 as its lending soared, helping to......

India’s digital payments start-up Paytm files for a $2.2 billion IPO

CNBC
CNBC – For more and to sign up click here Paytm, PhonePe, Google Pay (Gpay) and Bhim UPI QR Codes (Standee) are Kept outside for Cashless payments at a medical store in Gurugram on the outskirts of New Delhi, India on 16 May 2020. Nasir Kachroo | NurPhoto | Getty......

Digital bank Revolut valued at $33 billion in funding round led by SoftBank and Tiger Global

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CNBC – For more and to sign up click here Revolut’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images LONDON — British fintech firm Revolut said Thursday it had raised $800 million in a new funding round led by SoftBank and Tiger Global. Revolut, which......

Digital mortgage lender Better acquiring Goldman Sachs-backed fintech ahead of public listing

CNBC
CNBC – For more and to sign up click here Vishal Garg, Better.com Source: Better.com Digital mortgage lender Better announced Monday that the company is making its first expansion overseas with the acquisition of Trussle, a U.K.-based digital mortgage and insurance broker backed by Goldman Sachs and Finch Capital, among......

This will be the next big crypto wave, says founder of India’s largest digital currency exchange

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CNBC – For more and to sign up click here As the founder of India’s biggest cryptocurrency exchange, Nischal Shetty has his finger on the pulse of new trends. In 2017, after taking more than a week to buy his first bitcoin, he spotted a gap in the market to......

As China leaps ahead on digital currency, a top central bank group is calling for global cooperation

CNBC
CNBC – For more and to sign up click here LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between......

BIS, IMF call for global coordination on digital cbank currencies

Reuters
LONDON, July 9 (Reuters) – The Bank for International Settlements, the International Monetary Fund and the World Bank made a joint call on Friday for global cooperation on central bank digital currencies. Around 90% of the world’s central banks are currently looking at creating digital versions of their currencies, raising......

MLB, Candy Digital will offer World Series ring with Los Angeles Dodgers NFT

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CNBC – For more and to sign up click here The Los Angeles Dodgers celebrate after defeating the Tampa Bay Rays 3-1 in Game Six to win the 2020 MLB World Series at Globe Life Field on October 27, 2020 in Arlington, Texas. Sean M. Haffey | Getty Images Major......

China’s central bank is ‘quite worried’ about global risks from some digital currencies

CNBC
CNBC – For more and to sign up click here A customer makes a payment using China’s digital currency, or e-CNY, at Wangfujing Department Store on February 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s central bank is “quite worried” about risks......

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