Latest in Cash App Founder’s
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How mafias cash in by preying on hotels, restaurants in Italy
Organized crime groups preying on vulnerable companies are taking home $3.5 billion a year, a research institute warned.CBS News - Dec. 11 -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - Dec. 11 -
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What Jet.com’s Founder Regrets About Starting Jet.com
Founder Marc Lore wishes he had put customers first.Inc. - Dec. 10 -
Police Arrest UnitedHealthcare CEO Shooting Suspect, App Developer Luigi Mangione
Luigi Mangione, a 26-year-old graduate of the University of Pennsylvania, was apprehended on Monday after visiting a McDonald's in Altoona, Pennsylvania.Wired - Dec. 9 -
Dodgers’ Deferred Deals Infuse New Cash Into Old Tactic
DALLAS — The last time we saw the Los Angeles Dodgers, they came back from a 5-0 deficit to win Game 5 and the World Series over the New York Yankees at Yankee Stadium. Since then, they’ve been ...Yahoo Sports - Dec. 9 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - Dec. 8 -
On These Apps, the Dark Promise of Mothers Sexually Abusing Children
Smartphone apps downloaded from Apple and Google can allow parents and other abusers to connect with pedophiles who pay to watch — and direct — criminal behavior.The New York Times - Dec. 8 -
‘It feels like admin’: why are people falling out of love with dating apps?
About 1.4 million people have left online dating in the past year as experts say users see it as a chore rather than social activity. About 1.4 million people in the UK have left the online dating ...The Guardian - Dec. 8 -
Why Disney Is Plowing Cash Into a Cruise Line Expansion
The entertainment titan plans to launch seven new cruise ships by 2031, looking to overseas markets far from theme parks.The Wall Street Journal - Dec. 8 -
Starmer to meet Saudi crown prince in push for infrastructure cash
Wooing of Mohammed bin Salman controversial because of human rights concerns. Keir Starmer will meet Saudi Arabia’s de facto leader, Crown Prince Mohammed bin Salman , as part of a controversial ...The Guardian - Dec. 7 -
US Officials Recommend Encryption Apps Amid Chinese Telecom Hacking
Plus: Russian spies keep hijacking other hackers’ infrastructure, Hydra dark web market admin gets life sentence in Russia, and more of the week’s top security news.Wired - Dec. 7 -
Payments Are Going Digital, but Many Seniors Still Rely on Cash
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.The New York Times - Dec. 7 -
Cash App Wades Into the Exclusive World of Presale Concert Tickets
Legacy credit cards and banks aren’t the only banking options to come with perks for premium access to events anymore.The New York Times - Dec. 6 -
Always choose cash over crypto, says pro-sports superagent
As bitcoin hits $100,000, legendary agent Leigh Steinberg weighs in on whether athletes should accept crypto as payment.MarketWatch - Dec. 6 -
Why This Founder Fired His Co-Founder. And His Board. And Most of His Team
Musicbuk founder DuMarkus Davis is determined to build a billion-dollar company — with a team aligned with his vision.Inc. - Dec. 5 -
Top App Games earmarks latest fundraise for new games
Top App Games has raised $10 million in funding, which it plans to use to build out Ludus: Merge Arena and make new mobile titles.VentureBeat - Dec. 5 -
Jeff Bezos, OpenAI founder talk Elon Musk’s new government role
CNBC’s Andrew Ross Sorkin joins TODAY to recap his annual DealBook Summit where he had conversations with Elon Musk’s top competitors, Amazon’s Jeff Bezos and OpenAI’s Sam Altman, to discuss Musk's ...NBC News - Dec. 5 -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - Dec. 5 -
One in five shop purchases now made in cash
Notes and coins used in a fifth of transactions, say retailers - a second consecutive annual rise.BBC News - Dec. 5 -
Councils call for cash to cover homeless bill shortfall
The Local Government Association says a freeze on central funding has cost councils nearly £740m since 2019.BBC News - Dec. 5 -
US officials tout encryption apps amid Salt Typhoon cyberattack
Federal officials are calling on telecommunication companies to boost national security by using encrypted messaging apps following an unprecedented Chinese hacking campaign against more than half ...The Hill - Dec. 5 -
Why the Founder of Substack Hates the Phrase ‘Content Creator’
What if the media you consume isn’t just how you spend your time—but who you become?Inc. - Dec. 4 -
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Founder of Failed Crypto Lending Platform Celsius Network Pleads Guilty to Fraud
Alexander Mashinsky faces decades in prison after illegally manipulating prices and admitting to commodities and securities fraud.Inc. - Dec. 4 -
Russian criminals helped UK drug gangs launder lockdown cash
UK drug gangs paid Russian criminals to swap their dirty street cash for untraceable cryptocurrency, police say.BBC News - Dec. 4 -
Peloton Strength+ Weight Lifting App: Details, Download, Price
I’m sick of it all and I need to be able to deadlift a body. Thankfully, Peloton has a brand-new app geared toward weights and strength training.Wired - Dec. 4 -
Celsius Founder Alex Mashinsky Pleads Guilty to Fraud
The founder of crypto lender Celsius has admitted to lying to customers about how their money would be used and manipulating markets for his personal gain.Wired - Dec. 4 -
Statue of Russia's Wagner founder Prigozhin unveiled in Central Africa
The new monument "is part of the bilateral relationship" between CAR and Russia, officials say.BBC News - Dec. 4 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
Celsius founder Alex Mashinsky pleads guilty in fraud case
Cryptocurrency lender’s former chief reaches agreement with prosecutors in criminal caseFinancial Times - Dec. 3 -
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How to Turn ‘Boring’ Businesses Into Cash-Flow Machines
In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.Inc. - Dec. 3 -
Prosecution makes closing argument in murder trial over stabbing death of Cash App founder Bob Lee
Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last yearABC News - Dec. 2 -
3 Top CEOs Share Their Best Cash-Flow Tips
How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.Inc. - Dec. 2 -
How 2 Female Founders Took on Stephen Miller—and Won
How Hello Alice co-founders Elizabeth Gore and Carolyn Rodz survived a terrible, horrible, no good, very bad year of legal challenges and navigated their startup to profitability.Inc. - Dec. 2 -
Maternal Mortality Is a Crisis. This Founder Is Training a New Generation of Doulas to End It
Latham Thomas’s Mama Glow is fighting for birth equity and, in the process, supporting thousands of new entrepreneurs.Inc. - Dec. 2 -
The AI Version of Panasonic’s Founder Revives His Management Expertise for a New Audience
The chatty digital replica of Kōnosuke Matsushita, who started the electronics giant in 1918, offers an online path to lessons from the man once called the ‘god of management.’Inc. - Dec. 2 -
Drivers for Spanish food delivery app Glovo will become full-time employees
Thousands of delivery drivers in Spain working for the food delivery app Glovo will soon be full employees after the company announced that it was moving to an employment-based modelABC News - Dec. 2