#Walmart Bought a #Finance App and Reduced #Fraud Protections. Guess What Happened Next?
==
The #retail giant has long sought to become a financial powerhouse.
But after it acquired a neobank called One in 2022, fraud complaints multiplied and customer reviews cratered.
Please ignore the man behind the curtain claiming "Trump is about to get $3 billion richer after deal is approved to take his company public."
"SEC filings indicate Trump Media’s revenue amounted to just $1.1 million during the third quarter. The company posted a loss of $26 million that quarter."
"Not only that, but Truth Social appears to be shrinking. The number of Truth Social’s US monthly active users on iOS and Android is down 39% year-over-year."
As soon as the 6-month lock-up period is done and founders can finally cash out their shares, there will be a race to the exits.
#OrangeMussolini used his initials as the stock ticker. I just can't wait to share the graph showing DJT stock in freefall. You can't make this shit up.
#Trump #SPAC #DigitalWorld #Investing #Invest #Finance #DevinNunes #Fraud
https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares/index.html
#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
#ElonMusk #Musk #finance #investing #StockMarket #business #egomaniac #EV
https://www.nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb
The #Biden admin plans to stop #businesses & #wealthy individuals from manipulating the value of #assets in arcane ways such as using the same assets over & over again to lower their taxes. (#Trump)
High-end business partnerships like hedge funds & wealthy individuals such as real estate investors have inappropriately used labyrinthine structures to shield tens of billions of dollars from taxation, #Treasury Dept ofcls said Mon.
#law #finance
https://www.washingtonpost.com/business/2024/06/17/tax-basis-shifting-irs-partnerships/
The #Biden admin will announce rules to block #MedicalDebt from being used to evaluate #borrowers’ fitness for #mortgages & other types of #loans.
…The WH has repeatedly focused on the issue of #medical #debt, saying it disproportionately harms low-income Americans & communities of color.
“This is going to be an enormous relief for so many people battling #bills when it comes to medical visits,” CPFB dir Rohit Chopra said….
#equity #economy #finance #BidenHarris2024
https://www.washingtonpost.com/health/2024/06/11/biden-cfpb-medical-debt/
We’re hiring again! The Mastodon team is looking for a part-time #Finance / #Ops Associate to support @mellifluousbox + @Gargron.
This is a #remote position and requires working proficiency in #German. Ideally:
› You have experience in #accounting + #bookkeeping
› Understand German #legal frameworks + systems
› Are great with MS #Excel!
Could also work as a long-term paid #internship. Can you refer anyone to us? More info/to apply:
https://jobs.ashbyhq.com/mastodon/f38df483-da29-4bab-9f0c-5d1b11e7c1d0
Every hacker should read this phrack article on repeat until they understand it.
https://phrack.org/issues/71/17.html#article
#phrack #finance #markets #crypto #stocks #infosec #cybersecurity
The American #BuyMeACoffee payment platform sanctioned Ukrainian creators banning them from receiving money, because...
...their country got invaded.
"The cited reason appears to be "because Russia occupies 20% of your country"
It's really ridiculous how "global" payment platforms can hurt already vulnerable people because they don't want to deal with legal messes. Something @pluralistic mentioned multiple times in his writing.
