The US prosecution of quant trader Richard Ho could define how quant algorithms can become stolen property and have a major impact on Wall Street's talent war
The prosecution of a trader could define how a quant algorithm can become stolen property and have a huge impact on Wall Street's talent war. X: @alephblog X: David Merkel / @alephblog : A quant firm ...
An in-depth look at the US SEC's EDGAR system breach that was disclosed in 2017, as one of the key hackers, Olga Kuprina, says EDGAR remains a soft target
When a notorious gang of Ukrainian cybercriminals hit a crucial database, the regulator quickly downplayed the breach. Bluesky: @bloomberg.com and @bykenarmstrong X: @noelleinmadrid , @liamvaughanbbg ...
A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M
Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling. X: @alephblog X: David Merkel / @alephblog : Wall Street banks thought they were backing a $1 billion finte...
A profile of Walmart CEO Doug McMillon, who led the company from trailing eBay and Apple in online sales to becoming the world's second-largest e-commerce firm
Bloomberg : X: @alephblog and @tgarcianyc LinkedIn: Deena Shanker and Jaewon Kang X: David Merkel / @alephblog : The world's largest retailer has built an Apple-esque corporate campus in Bentonville,...
A look at Crunchyroll's challenges, including current and former employees saying its management is out of touch, as Disney and Netflix's expand into anime
src: www.bloomberg.com/news/article... … X: Miles / @real_kilometers : Somewhat paradoxically, research from White Box Entertainment suggests that significantly more people are watching DANDADAN on Cr...
A look at a lawsuit from 64 families against Snap that alleges Snapchat's design is responsible for connecting teens to dealers selling counterfeit drugs
Snapchat is currently being sued by the families of teens who allegedly bought drugs from dealers who they were recommended to follow. … X: Brad Stone / @bradstone : Another remarkable story from @liv...
A look at a lawsuit from 64 families against Snap that alleges Snapchat's design is responsible for connecting teens to dealers selling counterfeit drugs
“I'm a survivor, and that's bad for you, CEO of Snapchat, because, uh, uh, uh ...” Michael Brewer can't finish his sentence. Bluesky: @rachaelmyrow . Mastodon: @carnage4life@mas.to . X: @livcarville ,...
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth
Exciting news for Crunchyroll! The Japanese anime industry has become a staggering $20 billion market … Brian Eley : Two months to get this across the finish line! — https://www.bloomberg.com/... T...
Numerator: Amazon has a 3%+ US grocery market share between its branded stores and Whole Foods; UBS: physical stores made up ~90% of US grocery sales in 2022
Wall Street Journal : Tweets: @alephblog and @carlquintanilla Tweets: David Merkel / @alephblog : Amazon hasn't taken over your refrigerator yet. But it's still trying. https://www.wsj.com/... Intere...
Numerator: Amazon has a 3% US grocery market share including branded stores and Whole Foods; UBS: physical stores accounted for ~90% of US grocery sales in 2022
Amazon is still barely scratching the surface of the grocery market despite years of efforts. Tweets: @alephblog and @carlquintanilla Tweets: David Merkel / @alephblog : Amazon hasn't taken over your ...