Robinhood reports Q4 revenue up 115% YoY to $1.01B, vs. $940.8M est., crypto transaction revenue up 700%+ to $358M, above est.; HOOD jumps 15%+
almost 40% from crypto Coinbase due up tomorrow. Look for more of the same https://fortune.com/... Patrick McKenzie / @patio11 : The company whose literal name references their greatest contribution, ...
Donald Trump is promoting a Solana memecoin called TRUMP from his social media accounts, with 200M $TRUMP available now and growing to 1B “over three years”
Have Fun! — [image] GetTrumpMemes : The Official Trump Meme Dishita Malvania / The Crypto Times : Solana Hits $295 ATH Amid $TRUMP Token's Grand Launch Felix Mollen / CryptoPotato : $TRUMP Meme Coin...
Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global
a $38.5m fine from SEC US Securities and Exchange Commission : SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Gene...
OpenAI releases o1, the first of its rumored reasoning-focused Strawberry models, in preview, alongside a smaller o1-mini, for ChatGPT Plus and Team subscribers
Advancing cost-efficient reasoning. — Contributions Sabrina Ortiz / ZDNET : OpenAI trained its new o1 AI models to think before they speak - how to access them Ethan Mollick / One Useful Thing : Som...
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...
Binance.US suspends USD deposits and tells customers to withdraw their USD funds as its banking partners could stop fiat withdrawal channels as early as June 13
Asks Users to Withdraw Dollars by June 13 Scott Matherson / NewsBTC : Binance.US Suspends USD Deposits And Withdrawals Amid SEC Pressure Mehron Rokhy / The Daily Hodl : Binance.US Halts US Dollar Depo...
Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company's 2022 revenue came from its ads unit, which launched in 2019
(disclosure: I seeded instacart in 2012) — https://www.theinformation.com/ ... Tweets: Tanay Jaipuria / @tanayj : Great read on Instacart's business by @coryweinberg - $2.5B in total revenue in 2022...
Source: Instacart had ad revenue of about $740M in 2022, up 30% from 2021; nearly 30% of Instacart's 2022 revenue came from selling ads
Instacart has become an advertising powerhouse. — The grocery-delivery firm's ad revenue totaled about $740 million last year, up 30% from 2021, according to a person familiar with the matter. Linke...
Some US software firms are facing large tax bills after lawmakers failed to extend a provision letting companies fully expense R&D costs in the year incurred
Eric Rosenbaum / CNBC : LinkedIn: Karen Kerrigan . Tweets: @jesperfj , @stoarca , @patio11 , @petebray , and @mikeytag LinkedIn: Karen Kerrigan : We said this would happen...now, it needs to fixed. ...
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Walter O'Leary on Linke...