The FinTech Hub
Source: The Verge Kia is opening up preorders in the UK for its PV5 Passenger electric van at a starting price of £32,995, or about $44,000 with a standard range battery. Kia says preorders will open up tomorrow, May 1st, with initial deliveries in the UK planned for “late 2025.” It will come in a…
Source: Coin Tegraph Key Takeaways: US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears. Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days. Whales are accumulating BTC, but smaller holders are selling, hinting at profit-taking. Bitcoin’s (BTC) price dropped under $93,000 on April 30, after…
Source: Live Mint India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on Wednesday, proposed to mandate that select shareholders, including directors, key managerial personnel and current employees will have to hold shares in demat form before the company files for an initial public offering (IPO). If the proposed measures are implemented,…
Source: The Verge Duolingo is “more than doubling” the number of courses it has available, a feat it says was only possible because it used generative AI to help create them in “less than a year.” The company said today that it’s launching 148 new language courses. “This launch makes Duolingo’s seven most popular non-English…
Source: The Verge Sundar Pichai, Google’s CEO, took the stand on Wednesday during the remedies phase of the company’s search antitrust trial, and offered a simple message. The US government’s plan to rectify Google’s search monopoly, he said, would be so crushing to Google Search that it might be hard to justify continuing to build…
Source: Coin Tegraph Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were “extremely pro-business,” leading to crypto adoption in…
Source: The Verge Senator Elizabeth Warren (D-MA) wants to know whether Amazon founder Jeff Bezos received any “promises or favors” from President Donald Trump in exchange for his “subservience” after dropping all plans to show customers the cost of tariffs. In a letter sent on Wednesday, Warren questions Bezos about the details of his conversation…
Source: Live Mint Indus Towers Q4 Results: Indus Towers announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, April 30, reporting a drop of four per cent to ₹1,779 crore, compared to ₹1,853 crore in the corresponding period last year. The leading telecom infrastructure firm’s revenue from operations in the fourth quarter of…
Source: Coin Tegraph Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of…
Source: The Verge It started last week with Tesla, followed quickly by General Motors, Mercedes-Benz, and Volvo. Automakers across the spectrum are pulling their guidance for the year because they can’t figure out how to accurately plan for the future thanks to President Donald Trump’s ever-shifting tariffs. The auto industry is paralyzed by uncertainty. Stellantis,…
