Visa will no longer be buying fintech upstart Plaid, as the companies on Tuesday announced the “mutual termination” of the $5.3 billion agreement that was signed one year ago and opposed by U.S. antitrust regulators. From a report: This is more about the rising value of fintech companies than it is about the U.S. Justice Department. It also turns Plaid into…
Tag: visa
Tech CEO Apologizes After His Arrest Over Capitol Hill Protests
“Turning digital data into profit,” is the slogan of Cognesia, a data analytics company whose client list includes Visa, Rolls-Royce, and Toys ‘R’ Us. Now Variety reports:
Brad Rukstales, the chief executive of a Chicago-area company that provides data-marketing solutions, said he was arrested Wednesday after he entered the U.S. Capitol alongside a mob of pro-Trump rioters seeking to overturn the 2020…
Bitcoin Surges 50% in Just One Month. CNN Ponders ‘Insane’ Record Run
The price of Bitcoin increased 50% — in the last four weeks. Now priced at $26,579, “Bitcoin is crashing — upward,” quips CNN Business: The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It’s worth more than Visa or Mastercard. Or Walmart… Its rapid rise has been remarkable — or insane, depending on…
VISA Continues Pornhub Ban, To Allow Card Use On Some of Its Parent’s Sites
Visa said on Wednesday it would allow usage of its cards on Pornhub-owner MindGeek’s platforms that host professionally produced adult studio content, but would continue to decline processing payments coming from Pornhub itself. Reuters reports: Visa said its ban remains in effect for those websites that host user-generated content, the most popular being Pornhub, until an ongoing investigation was completed. “Following…