Apple says JPMorgan will issue Apple Card, replacing Goldman, with an expected two-year transition; sources: Goldman is offloading ~$20B in outstanding balances
Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount — JPMorgan Chase has reached a deal …
Sources: Discord files confidentially for a US IPO, working with Goldman and JPMorgan; Discord was valued at ~$15B in 2021, and rejected a $12B Microsoft offer
Discord Inc. filed confidentially for an initial public offering, according to people familiar with the matter …
US companies sold $1.7T of investment-grade bonds in 2025, nearing the $1.8T 2020 record, driven by AI infrastructure borrowing; Goldman says AI makes up ~30%
Investment-grade borrowers have issued $1.7tn of bonds this year, closing in on 2020s Covid debt rush
Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform
Hugh Son / CNBC :
The US CFPB says Goldman Sachs and Apple will pay $89M following a long-running Apple Card investigation; Goldman must pay $64.8M and Apple must pay $25M
The Consumer Financial Protection Bureau said the action concerned customer service breakdowns and misrepresentations that affected hundreds …
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming in 2024
what you need to know Ann Resuma / International Business Times : Apple Pay Later Ceases To Offer Purchases On Installment In US Will Shanklin / Engadget : Apple Pay Later is dead, long live Affirm lo...
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
Legal experts offer mixed opinions about how earlier copyright and fair use cases could affect The New York Times' case against OpenAI and Microsoft
Nice Try Kate Downing / Law Offices of Kate Downing : The New York Times Launches a Very Strong Case Against Microsoft and OpenAI Blake Brittain / Reuters : Microsoft, OpenAI hit with new lawsuit by a...
Sources: Goldman wants to exit consumer lending and offload its Apple partnership, possibly to Amex, which has balked at Apple Card's loss rate and other issues
The bank, which reports third-quarter earnings Tuesday, is fighting profit declines and flagging stock
Sources: as equities soared in 2020, Apple and Goldman were working on a stock trading feature for iPhones, shelving the project in 2022 as markets turned
- Apple was exploring the launch of an iPhone feature that would let users buy and sell stocks, according to three sources familiar with the plans.