Indonesian ride-hailing and payments firm Gojek closed an additional $1.2 billion of funding last week, according to an internal memo reviewed by Reuters. The memo said the company’s total funding stands at just under $3 billion, and added it was still seeing “strong demand” among the investment community despite “turbulence within the tech investment environment […]
#FASuccess Ep 168: Building An Advisory Firm That Can Be Sold Even When Your Name Is Still On The Door, with Erin Botsford
Executive Summary Welcome back to the 168th episode of Financial Advisor Success Podcast! My guest on today’s podcast is Erin Botsford. Erin is the founder of Botsford Financial Group, a hybrid RIA with the LPL platform that oversees nearly $1 billion in assets under management with offices in Dallas and Atlanta. What’s unique about Erin, […]
MS Dhoni invests in fintech startup Khatabook
Former India cricket team captain M S Dhoni has invested an undisclosed sum in accounting services provider Khatabook. He will also be the brand ambassador of the startup, which helps merchants record and track business transactions. “He (Dhoni) embodies the spirit of true sportsmanship and entrepreneurship. At Khatabook, we aspire to build the same level […]
Treasury yields rise as stocks search for modest recovery after Monday’s crash
U.S. government debt prices were lower Tuesday morning as investors hope for a bottoming out following Monday’s historic losses on Wall Street At around 3:00 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 0.7843%, while the yield on the 30-year Treasury bond was up slightly […]
Fairstone client number up 10% to 65,000
Acquisitive Chartered Financial Planning firm Fairstone has increased client numbers by 10% to 65,000 over the past 6 months. The company reported at its annual conference in Newcastle that it had added £500m in Funds Under Management and almost £3m in gross fee income over the period. Six further firms were fully acquired by the […]
ArcelorMittal, Nippon Steel sign $5.15 billion loan pact to refinance Essar Steel buy
TOKYO (Reuters) – Japan’s biggest steelmaker Nippon Steel Corp said on Tuesday its joint venture with ArcelorMittal has signed a $5.15 billion loan agreement with Japanese banks, including Japan Bank for International Cooperation. The 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd. […]
Amazon to hire 100,000 workers as online orders surge on coronavirus worries
Amazon on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to the web to meet their needs during the coronavirus outbreak. With shoppers clearing out shelves in fear of quarantines or product shortages, retailers are racing […]
Social media giants warn of AI moderation errors as coronavirus empties offices
Alphabet’s YouTube, Facebook and Twitter warned on Monday that more videos and other content could be erroneously removed for policy violations, as the companies empty offices and rely on automated takedown software during the coronavirus pandemic. In a blog post, Google said that to reduce the need for people to come into offices, YouTube and […]
How do you start selling online? The beginners guide…
“More than 73% of Australian households shopped online in 2018.”- AusPost’s 2019 ecommerce report That’s immense! It also doesn’t account for the international market you can access with an ecommerce business. Selling online is rapidly becoming the primary vehicle for trading goods. So, if you’re getting into the online shopping game, you’ll have access to […]
Supreme Court goes digital to cut human interface to ward off coronavirus threat
The Supreme Court has announced a slew of measures that will drastically curtail human interface in the judiciary, including options for lawyers to argue their cases through videoconferencing, 24×7 e-filing facilities and a provision to beam proceedings through smart TVs into press rooms inside the court complex, to ward off the novel coronavirus threat. The […]