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Daily Crunch: Klarna valued at $31B

1 month ago   |   By Tech Crunch

A challenger bank raises funding at a massive valuation, Instagram adds Live Rooms and Google updates Workspace. This is your Daily Crunch for March 1, 2021.
The big story: Klarna valued at $31B
The Swedish challenger bank and buy-now-pay-later service has raised $1 billion at a post-money valuation of $31 billion. Klarna says it will commit 1% of the capital to “key sustainability challenges around the world,” with the initiative formally launching on April 22 .
For its BNPL business, Klarna both integrates with a variety of retailers and has created its own shopping app, where users can...
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U.S. Weekly Highlights and Preview, March 1, 2021

U.S. Weekly Highlights and Preview, March 1, 2021

1 month ago   |   By Economy

The U.S. economy appears poised to take off.
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March Madness 2021 Schedule: NCAA Tournament Bracketology And No. 1 Seed Odds For Gonzaga, Michigan, More

1 month ago   |   By Forbes

March is here, which means the 2021 NCAA Tournament isn't far off. Get ready for March Madness with this preview, which includes the full schedule, start times, updated odds for the top seeds, bubble bracketology and more.
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New Zealand to consolidate health care into national service

New Zealand to consolidate health care into national service

WELLINGTON, New Zealand - New Zealand announced Wednesday it will consolidate its fragmented health care system into a national service similar to the one revered by many in... Read more ...

Daily Crunch: Apple announces a new iPad Pro and much more

Daily Crunch: Apple announces a new iPad Pro and much more

Apple announces new devices, Amazon opens a hair salon and Venmo adds cryptocurrency support. This is your Daily Crunch for April 20, 2021. The big story: Apple announces a new... Read more ...

Apple event fails to save the company's stock from broader market sell-off

Apple event fails to save the company's stock from broader market sell-off

Today's Apple event, chock-full of the company's products that will help decide whether the company meets, exceeds or undershoots Wall Street expectations for its future growth... Read more ...

Companies continue to prioritize AI and cloud for innovation investment...

Companies continue to prioritize AI and cloud for innovation investment, according to the latest Transforming Business poll

Contactless payment with facial recognition technology. Getty Images Cloud and AI top the list of innovation investments by companies according to the latest Transforming... Read more ...

Apple's new iPad Pro is the best explanation for why we'll never see a...

Apple's new iPad Pro is the best explanation for why we'll never see a touchscreen MacBook

Summary List Placement Apple's iPad Pro has always seemed like an alternative to the laptop. After all, it has a laptop-sized screen, it's designed to work best with a... Read more ...

Betterment checking and cash reserve review: Get cash back and high interest...

Betterment checking and cash reserve review: Get cash back and high interest rates

Summary List PlacementTable of Contents: Masthead Sticky Should you use Betterment? You might like Betterment if you... You might not like Betterment if you... Are comfortable... Read more ...

$4 billion Clubhouse keeps raising more money, but its monthly installs are...

$4 billion Clubhouse keeps raising more money, but its monthly installs are slipping. Something's gotta give

Summary List Placement The rocketship-growth of audio app Clubhouse is starting to sputter. The number of monthly app installs worldwide fell dramatically last month, to 2.7... Read more ...

Foxconn deal with Wisconsin lowers tax breaks to $80 million

Foxconn deal with Wisconsin lowers tax breaks to $80 million

MADISON, Wis. - Foxconn Technology Group will be eligible for just $80 million in taxpayer subsidies under a new contract signed Tuesday, down from nearly $3 billion it could... Read more ...

Legendary investor Bill Miller says the window is closing on the SPAC...

Legendary investor Bill Miller says the window is closing on the SPAC market, but singles out 2 names that remain attractive

Summary List Placement Legendary investor Bill Miller thinks the SPAC craze may be nearing the end. Pushed by a frenzy of excitement from retail investors and a desire from... Read more ...

JPMorgan gets backlash from soccer fans after backing the much maligned...

JPMorgan gets backlash from soccer fans after backing the much maligned European Super League

Summary List Placement JPMorgan faced the ire of soccer fans on Tuesday after it was revealed that the bank was backing the European Super League to the tune of about $4... Read more ...