The fintech wars continue to heat up with another major exit in the space. Consumer financial services platform SoFi announced today that it is acquiring payments and bank account infrastructure company Galileo for $1.2 billion in total cash and stock. The acquisition is dependent on customary closing conditions. Salt Lake City-based Galileo was founded in …
07/04/2020
Samsung forecasted an operating profit of approximately 6.4 trillion Korean won ($5.2 billion) for the March quarter. Consolidated sales, meanwhile, checked in at 55 trillion Korean won ($45.3 billion). The company didn’t provide a breakdown of divisional performance – those figures will come later this month when Samsung announces its definitive earnings report.
07/04/2020Given the rise in online shopping attributed to the coronavirus outbreak which has forced consumers to stay home from stores, Pinterest today is launching a new way to shop on its platform. Now, Pinterest users will be able to browse in-stock inventory from newly added “Shop” tabs on Search and on Pinterest boards. The company …
07/04/2020
Photo by Hakan Nural/Anadolu Agency via Getty Images The New York Times has released a new report on the ways the COVID-19 pandemic has changed internet use in the United States. The data provides an interesting insight into the ways the pandemic, and the resulting lockdowns around the country, have altered our relationships with technology. …
07/04/2020True wireless earbud deals are here to offer up astounding audio quality, innovative features, and premium brands for less this week. That means you can finally tune into that album you’ve been putting off, or stream all the latest entertainment in gorgeous audio definition for excellent prices. We’re seeing some fantastic prices on cheap true …
07/04/2020
After raising $8 million in November to roll up top Amazon marketplace companies, the new New York-based startup Perch has begun putting that money to work in its first few deals. The brainchild of Chris Bell, formerly Wayfair’s head of logistics and a Bain & Co. analyst, Perch is pretty well-positioned to serve as unifier …
07/04/2020
Quibi’s first day was a success, if not in terms of user signups and overall viewers – two numbers we won’t hear for another few days at the earliest – at least in terms of consistent playback and its large content catalogue which Quibi delivered in spades. Some of the service’s standout shows are already …
07/04/2020
Facebook Gaming is launching a feature today meant to bring people together virtually while they can’t be in the same place physically. It’s called Tournaments, and it does exactly what it says on the tin. Tournaments will let users create and organize virtual tournaments in a variety of formats, from double elimination to round-robin, and …
07/04/2020
Materia is Final Fantasy VII Remake’s magical eight ball — at least, in terms of size. These iridescent orbs grant users the power to perform magic. Each appears first as a cue ball-sized crystal nestled in the palm of a hand; if a fire spell can’t kill enemies, maybe a knock on the head with …
07/04/2020
No Man’s Sky is continuing its post-release update renaissance with yet another free content update, which adds a new vehicle to the game: the Exo Mech. Because why explore new planets on foot when you could explore them in a giant mech suit? Officially, the new mech is the latest addition to No Man’s Sky’s …
07/04/2020
Moment, the maker of lens-friendly phone cases that can help you up your mobile photography game, is hosting a sale. Most of its cases are just $20, and if you want four for some reason, it’s $40. It offers cases for all of the top flagship models on both iOS and Android sides of the …
07/04/2020
Microsoft is making further tweaks to its Xbox One dashboard, just months ahead of the Xbox Series X launch. The software maker is now improving the Guide part of the Xbox One dashboard, which provides quick access to content, friends, and even settings when you tap the Xbox button on a controller. A new default …
07/04/2020