Category Archives: money

Financial Times has more details on the new fundraise closed by OpenAI. From the report: OpenAI has asked investors to avoid backing rival start-ups such as Anthropic and Elon Musk’s xAI, as it secures $6.6bn in new funding and seeks to shut out challe… Continue reading OpenAI Asks Investors Not To Back Rival Startups Such as Elon Musk’s xAI→

More American workers are seeing their compensation tied to performance metrics, a shift from traditional fixed salaries. A 2024 survey by Alexander Group found 28% of over 300 companies are incorporating incentive pay into new roles, extending a pract… Continue reading The Big Shift From Salaries To Bonus-Based Pay→

“The Federal Trade Commission is cracking down on ‘automation’ companies that launch and manage online businesses on behalf of customers in exchange for an upfront investment,” reports CNBC’s Annie Palmer. “The latest case targets Ascend Ecom, which ra… Continue reading Promises of ‘Passive Income’ On Amazon Led To Death Threats For Negative Online Review, FTC Says→

German law enforcement seized 47 cryptocurrency exchange services “that facilitated illegal money laundering activities for cybercriminals,” according to BleepingComputer, “including ransomware gangs.”

Long-time Slashdot reader Arrogant-Bastard share… Continue reading Germany Seizes 47 Crypto Exchanges Used By Ransomware Gangs→

An anonymous reader quotes a report from Bloomberg: Walmart customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases. The enhanced feature is a flash point in the escalating tensions betwe… Continue reading Walmart Plans Instant Bank Payments, Cutting Out Card Networks→

Residents of California can now store their driver’s license or state ID in Apple or Google Wallet, according to an announcement today. Apple also shared the news. TechCrunch reports: Californians with an ID in the Apple Wallet or Google Wallet app can… Continue reading Apple, Google Wallets Now Support California Driver’s Licenses→

An anonymous reader quotes a report from Data Center Dynamics: BlackRock plans to launch a new $30 billion artificial intelligence (AI) investment fund focused on data centers and energy projects. Microsoft and Abu Dhabi-backed investment company MGX a… Continue reading Microsoft and Abu Dhabi’s MGX To Back $30 Billion BlackRock AI Infrastructure→

A U.S. District Court judge on Thursday allowed New York-based startup Kalshi to legally offer betting on the outcome of the November Congressional elections (Warning: source paywalled; alternative source), despite opposition from the Commodity Futures… Continue reading You Can Now Legally Bet On the 2024 Congressional Elections→