Stock exchange operator Nasdaq said on Thursday it will acquire Canadian fintech firm Verafin, which makes fraud detection and anti money laundering software, for $2.75 billion in cash. The deal will strengthen Nasdaq’s existing suite of regulatory technologies, enabling regulatory agencies and Nasdaq’s network of almost 250 banks, broker-dealers, exchanges and buy-side organizations to take...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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