It took just nine months for these Stanford dropouts to bring Zepto to a valuation of $900 million. Here’s their advice on how to build a successful business. Story Published at: August 03, 2022 at 02:46AM
How two teens built an app worth $900 million — Zepto’s founders share three tips
Biden’s Covid relapse sparks talk of ‘Paxlovid rebounds’—what to know about the pill, and if it could happen to you
President Joe Biden experienced a rebound Covid infection after taking Pfizer’s antiviral drug Paxlovid. Here’s what you need to know about the phenomenon.Story Published at: August 02, 2022 at 05:43PM
Bankrupt crypto lending platform Celsius is trying to hire its CFO back at $92,000 a month, filings say
Rod Bolger was previously with the company for five months before resigning on June 30, about three weeks after the platform paused all withdrawals.Story Published at: August 03, 2022 at 01:32AM
Fed’s James Bullard expresses confidence that the economy can achieve a ‘soft landing’
The Fed has a good chance of not tanking the economy and achieving a soft landing, St. Louis Fed President James Bullard said.Story Published at: August 03, 2022 at 01:13AM
Asia-Pacific markets set to open mixed as investors monitor Pelosi’s visit to Taiwan
Futures in the Asia-Pacific pointed to a mixed open Wednesday after a negative session on Tuesday.Story Published at: August 03, 2022 at 12:54AM
A 45-year-old who’s been ‘fake retired’ for 10 years shares the surprising lessons he learned when he tried to retire early
Early retiree Sam Dogen didn’t understand the challenges of retirement when he retired early at 34 years old. Now taking on side hustles and building additional passive income streams, he explains what it means to be “fake retired,” and the lessons he learned along the way.Story Published at: August 02, 2022 at 03:06PM
PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company
PayPal stock has been cut in half in 2022, but it’s getting a vote of confidence from hedge fund Elliott Management, which is also a big Pinterest investor.Story Published at: August 02, 2022 at 09:57PM
Robinhood cutting about 23% of jobs, releases second quarter earnings
Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%. Story Published at: August 02, 2022 at 09:44PM
AMD beats on earnings and revenue, but third-quarter forecast comes in light
AMD currently has a significant market opportunity as its primary rival for PC and server chips, Intel, stumbles with execution. Story Published at: August 02, 2022 at 09:31PM
Port of New York and New Jersey adds fees for ocean carriers as shipping containers pile up
Port of New York and New Jersey is adding fees on containers and export levels as a way to deal with congestion that slowed productivity and has taken capacity.Story Published at: August 02, 2022 at 08:41PM