General News

November 21, 2025 @ 8:55 am By Omar Faridi  |  

Kalshi, one of the fast-growing prediction market platforms that allows users to wager on the outcomes of real-world events, has reportedly acquired $1 billion in new funding at a valuation of $11 billion. This, according to recent media reports that referenced a source claiming to… Read More

November 18, 2025 @ 8:40 pm By JD Alois  |  

Cloudflare, one of the most vital internet infrastructure firms serving tens of thousands of businesses, saw its services fail today, causing many well-known sites like X, Spotify, and this site you are visiting now. After several hours of disruptions, Cloudflare issued a statement sharing that… Read More

November 12, 2025 @ 8:07 am By Omar Faridi  |  

PitchBook noted that venture valuations are surging as liquidity begins to creep back up. Now, with liquidity returning, though still relatively modest when compared with recent years, venture market pricing has started to rise. The researchers at PitchBook also mentioned that across all investment stages,… Read More

November 11, 2025 @ 7:46 am By Omar Faridi  |  

The Bank of Ireland has recently noted that the majority or more than half of the reported cases of investment fraud have been reported by clients who are aged 65 and older. Bank of Ireland data indicated that these developments were observed during the first… Read More

November 9, 2025 @ 3:44 pm By Omar Faridi  |  

Global venture capital activity in Q1-Q3 2025 shows a seemingly clear shift in strategy as the overall deal volume year-on-year declined primarily because of an 11% decline in low-value (≤ $10 million) investments. GlobalData noted that high-value investments (>$100 million) surged 17% and billion-dollar deals… Read More

November 8, 2025 @ 3:30 pm By Omar Faridi  |  

KPMG UK has recently shared commentary on the latest Bank of England rate decision. As widely reported and anticipated, The Bank of England has decided it will keep rates on hold as it awaits the Budget, noted Yael Selfin, Chief Economist at KPMG UK. Yael Selfin of… Read More

November 7, 2025 @ 2:44 pm By Omar Faridi  |  

CrowdStrike (NASDAQ: CRWD) and Ernst & Young LLP announced that EY US has selected CrowdStrike Falcon Next-Gen SIEM as the foundational platform enabling its cybersecurity managed services. With Falcon Next-Gen SIEM and EY US managed services experience, enterprises worldwide can accelerate the move futher “beyond legacy security… Read More

November 6, 2025 @ 10:01 am By Omar Faridi  |  

Bank of England Deputy Governor Sarah Breeden has commented on recent concerns that the UK is behind the US when it comes to establishing proper stablecoin related oversight / guidelines. Breeden stated that the updated stablecoin regulations should become effective just as quickly as the… Read More

November 1, 2025 @ 4:48 pm By Omar Faridi  |  

Xero, the global small business platform, released its Xero Small Business Insights (XSBI) for Aotearoa New Zealand revealing that although the small business sector continues to struggle, there are still certain positive signals of improvement. For the first time in 2.5 years, overall sales actually… Read More

October 31, 2025 @ 1:36 pm By Tony Zerucha  |  

US Federal Reserve Chairman Jerome Powell and rate cuts dominated Web3 thoughts this week, but some still had time to weigh in on gold and crypto. Speaking of rate cuts… “The Federal Reserve’s rate cut was widely expected, though it comes at a unique moment… Read More

October 25, 2025 @ 9:14 pm By Omar Faridi  |  

PensionBee noted that it helps with making it simpler to consolidate older 401(k)s and IRAs into a more transparent account so clients are able to see exactly where they might stand. According to an update from PensionBee, many rollovers tend to occur automatically, but if… Read More

October 21, 2025 @ 2:24 am By Omar Faridi  |  

A survey released by The BlackRock Foundation and Commonwealth reveals that over 54% of Americans living on low and moderate incomes (individuals from households living on low and moderate incomes ranging from $30,000 – $79,999 annually) are currently retail investors in the capital markets. Among… Read More

October 17, 2025 @ 1:46 pm By Omar Faridi  |  

As the economic outlook reportedly reaches its lowest point since 1997, consumers are looking for ways to more effectively manage their spending. This, according an update from Deloitte. The firm has noted that surveyed consumers now intend to spend an average of $1,595 this festive… Read More

October 13, 2025 @ 6:38 am By Michael Wong  |  

Qantas said data belonging to 5.7 million customers stolen in a major cyberattack has been shared online, widening the fallout from a campaign tied to a third-party platform used by dozens of global companies. The airline reiterated that the compromise originated at a provider later… Read More

October 9, 2025 @ 10:50 pm By Omar Faridi  |  

Research from global small business platform Xero reveals a significant problem facing small business owners: many acknowledge the potential of targeted promotional strategies, but are being held back from taking part in these initiatives primarily due to lack of adequate financial resources. A Xero research… Read More

October 9, 2025 @ 8:54 am By Tony Zerucha  |  

New research from CodeSignal and Legit finds that consumers grossly underestimate the frequency with which Artificial Intelligence (AI) is used to create the apps and tools they use daily. CodeSignal found that 81% of the developers it surveyed reported using AI-powered coding assistants; 49% used… Read More

September 24, 2025 @ 1:43 am By Omar Faridi  |  

In a rather turbulent and perhaps somewhat unexpected 24-hour period, the Bitcoin and cryptocurrency market experienced nearly $2 billion in total liquidations, as reported by data and insights from various sources including Coinglass  This wave of liquidations has sent shockwaves through the crypto trading ecosystem,… Read More

September 23, 2025 @ 3:38 pm By Omar Faridi  |  

Nick Morgan is a finalist for the Gregor G. Peterson Prize in Venture Philanthropy. Established in 2019 by the Peterson Family to acknowledge the work of Greg Peterson, a key figure in business and philanthropy, the prize awards a $250,000 grant over three years to… Read More

September 23, 2025 @ 8:28 am By Omar Faridi  |  

In a cautious outlook for Britain’s post-pandemic recovery, KPMG UK forecasts modest GDP growth of 1.2% in 2025, tapering to 1.1% in 2026, amid a cocktail of global uncertainties and domestic pressures. This projection, detailed in the firm’s latest economic briefing released on September 23,… Read More

September 23, 2025 @ 8:22 am By Tony Zerucha  |  

An analysis of financial behaviour from social finance app Frich’s community of more than one million Gen Zers reveals a generation with ambitious retirement dreams but a concerning financial reality. Retirement optimism vs. financial constraints Gen Z’s confidence about their financial future contrasts sharply with… Read More