Uber continued to lose money as it builds up its food delivery business and develops technology for driverless cars, but revenue for its rides business nearly tripled as the company picked up more passengers around the world. The ride-hailing giant lost $1.1 billion in the fourth quarter of 2019, about 24% more than the same […]
Archives for February 2020
Google Maps turns 15, with new logo; Sundar Pichai thanks app for sourcing ‘veggie burrito’!
Out of all GPS trackers at our disposal, Google Maps, is perhaps not only the most commonly used but also the most reliable. Be it a visit to a nearby supermarket or a full-fledged road trip, Google Maps is that reliable friend that never leaves our side. To mark the momentous occasion of the 15th […]
WhatsApp gets NPCI nod to expand its UPI services
Facebook-owned instant messaging platform WhatsApp has received permission from the National Payments Corporation of India to expand its pilot United Payment Interface (UPI) services to 10 million users, according to Nandan Nilekani, the architect of unique identity database Aadhaar and UPI. Nikelani was speaking at an IIT Industry Conclave event on Friday. WhatsApp’s payment feature, […]
Social Security strategies for clients low on savings
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about. Social Security strategies clients can turn to when low on savingsSeniors who have an inadequate balance in their 401(k)s and other retirement accounts are advised to boost their Social Security benefits to make up for their limited savings, according […]
Over 4.5L card records from India uploaded on Darknet
A database containing more than 450,000 payment card details of Indian banks has been uploaded on to the darknet, Singapore-based cybersecurity company Group-IB has revealed. The entire database has 461,976 payment card records, of which 98% belong to large Indian banks, the firm said, and was uploaded on to card shop website Joker’s Stash, used […]
7 key takeaways for RIAs from Schwab’s annual business meeting
At the heart of Charles Schwab’s annual business update meeting was one word: competition. As the Department of Justice requests additional information from both Schwab and TD Ameritrade ahead of a pending acquisition over antitrust concerns, executives at San Francisco-based Schwab repeatedly played up competitive threats in the retail and RIA marketplaces during their presentation […]
Etiquette, risk and record volume: Lessons from the Warburg-Kestra deal
SAN DIEGO — With private equity deals rippling across wealth management, the largest firms are curious about the industry’s burgeoning source of capital. In a panel at FSI’s OneVoice conference, independent broker-dealer executives queried Kestra Financial CEO James Poer and Warburg Pincus Managing Director Jeffrey Stein about the recapitalization deal struck by the firms last […]
Weekend Reading for Financial Planners (Feb 8-9)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the industry news that TD Ameritrade’s RIA custody business is continuing with business as usual despite the looming Schwab merger, in what appears to be a combination of both a legal obligation to do so until […]
Billions Season 5 Trailer Hits!
[embedded content] It’s been an honor to serve as the show’s technical advisor for the second season. David, Brian and the whole writers room have cooked up some amazing plot lines and stories this time around. Sunday May 3rd can’t come soon enough!
Critical Citrix RCE Flaw Still Threatens 1,000s of Corporate LANs
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