When entrepreneur Stephen Chen’s mom began approaching retirement age, she was forced to borrow money from Chen — and Chen’s brother — to make ends meet. They wanted to help, but the siblings also wanted to figure out a more sustainable, long-term solution that’d help their mom retire without having to worry about finances. Chen […]
DOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains
The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic […]
Nottingham Forest Docked Four Points For Breaching Premier League Financial Rules
Representative image© AFP Nottingham Forest have been given a four-point penalty for breaching the Premier League’s financial regulations, according to reports on Monday. The Premier League charged Forest and Everton with breaches of the league’s profitability and sustainability rules in January. If confirmed, Forest’s points deduction would plunge them into the relegation zone. Nuno Espirito […]
Man City charges over alleged financial rules breaches: Premier League investigation and potential punishments
Manchester City are embroiled in a legal fight against charges brought against them by the Premier League. City were last year accused of more than 100 alleged breaches of the competition’s financial rules. The Premier League said it would be referring the charges against reigning English champions, who have won five of the past six […]
SUMA Wealth grabs $2.2M as its financial platforms reach 1M users
SUMA Wealth now has $ 2.2 million in new capital to continue developing financial tools, content and live and digital activations for young U.S. Latinos to build wealth. Radicle Impact led the investment with participation from Vamos Ventures, OVO fund and American Heart Association Impact fund. They join investors from previous rounds, including Ulu Ventures, […]