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Xbox CEO Asha Sharma unveils next-gen console Project Helix

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Bitcoin mining profit plummets to $500 per BTC as costs surge past $70k as Wall St funds miners’ AI escape hatch
Wall Street is pouring billions into public Bitcoin mining companies, but the investment thesis has little to do with the emerging industry's future. Instead, the financial institutions are treating t...

Costco Digital Innovations Fuel 22.6% Online Growth
Costco is seeing measurable benefits from its latest digital initiatives both in-store and online, Costco President, CEO and Director Ron Vachris said Thursday (March 5). “In digital, we ...

Pattern Group Revenue Rises 40% as AI Product Discovery Reshapes eCommerce
Pattern Group’s fourth quarter results, posted after the market closed on Thursday (March 5), reflect broader shifts underway in digital retail as brands expand across more marketplaces and artifici...

Revolut Files for US Bank Charter, Names Duransoy as US CEO
Revolut, the London-based global FinTech with 70 million customers, took its most decisive step yet into the American market Thursday (March 5), filing for a national bank charter with the U.S. Office...

Suspect Arrested for Alleged $46M Heist of Seized Crypto Assets
The post Suspect Arrested for Alleged $46M Heist of Seized Crypto Assets appeared first on Coinpedia Fintech News John Daghita, aka Lick, was arrested today by the Federal Bureau of Investigation (FB...

Visa Taps Veteran Leonardo Collado to Lead Pismo’s Global Growth
Visa has appointed one of its executives, Leonardo J. Collado, to lead Pismo, the provider of processing solutions for bank, FinTechs and financial institutions around the world that Visa acquired ...

Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs
Morgan Stanley announced Thursday (March 5) that it would reduce its global workforce by about 2,500 employees, or roughly 3% of its total staff, according to reporting from The Wall Street Journal. ...

Lawmakers just advanced online safety laws that require age verification at the app store
A package of child safety bills is headed to the House floor following an hours-long session that left Democrats and Republicans divided. On Thursday, lawmakers on the House Committee on Energy...

The Payment Frictions Costing SMBs Their Cash Flow
People tend to gravitate toward what’s easy and familiar. Businesses typically do the same. This reality creates an uncomfortable truth for small- to medium-sized business (SMB): if it’...

Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Financial fraud has become more sophisticated, more coordinated and mo...