Funds Incoming Worldcoin announced a $100 million fundraising round, building off the $25 million it announced in October 2021. The Berlin-based crypto startup will reportedly take on investors by selling its Worldcoin tokens. As of this latest announcement, the company’s digital tokens are valued at $3 billion. One of Worldcoin’s [...]
Hey, Uber Taxi! Uber (UBER) announced an agreement with a longtime rival yesterday, as all of New York City’s taxis will be listed on the ride-hailing giant’s app. The alliance brings together two forces that had been competing for years, ever since Uber entered the mainstream and changed how people [...]
Like Sands Through the Hourglass No matter how long the first quarter seemed, it’s almost over and we’re on to the next. For the soap opera enthusiasts reading this, it felt all too similar to a plot with multiple dramas unfolding simultaneously. Unfortunately, much like a soap opera, I think [...]
By the Numbers The raw materials that are used to make fertilizer include things like ammonia, nitrogen, nitrates, and potash, among other substances. Broadly speaking, the prices of these materials are up 30% since the start of 2022. British commodity consultant CRU says that spike exceeds the one observed during [...]
Americans Hooked on SMS Outside of the US, Meta Platforms’ (FB) WhatsApp is the dominant player in terms of mobile messaging services. Throughout Asia, Europe, and Latin America more people use WhatsApp than any other service when it comes to texting. Americans, meanwhile, are more likely to use Apple’s (AAPL) [...]
Get ready, SoFi members: No-fee crypto purchases are here! SoFi members will now be able to invest part of every direct deposit directly in crypto and skip the purchase fees.1 Members can choose from up to 30 crypto coins, and can manage both the coin selection and overall allocation at [...]
What Would Be Required Following a 3-to-1 vote, the SEC has proposed new rules in connection to climate change. For the first time, publicly traded companies would need to disclose their greenhouse gas emissions, and detail their exposure to risks associated with climate change. Larger firms would need to have [...]
Why Nickel Is So Important Electric vehicle production has exploded in recent years as companies like Tesla (TSLA) have spurred traditional automakers to move away from combustion engines. The lithium ion batteries in EVs require a lot of nickel, however, which is highly coveted because of its energy density. There [...]
How Things Could Change Last week, the US Senate passed a bill that would make daylight savings time permanent as of November 2023. Switching the clocks back and forth has been a source of controversy for years, with many reporting lost sleep and other problems. The measure now moves to [...]
Economic Data Today the Federal Reserve Bank of Chicago releases its national activity index for February. It’s a monthly survey designed to analyze overall economic activity and inflation, which is of course on many investors’ minds. January’s reading was higher than December’s, indicating an uptick in economic growth. Tomorrow, the [...]
