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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon’s cloud business suffered significant “errors and connectivity issues” on Monday, causing a widespread outage that forced customers’ apps and websites offline. The Seattle-based group said it had fixed the underlying issue at Amazon Web … Read more
An inside view of Newark Airport as travelers are facing eight straight days of massive delays, United Airlines canceling routes and staffing shortages in Newark, New Jersey, United States, on May 06, 2025. Mostafa Bassim | Anadolu | Getty Images Airline websites, including those for Delta Air Lines and United Airlines, were affected during Monday’s … Read more
Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday, taking down numerous big-name websites. AWS cited an “operational issue” affecting “multiple … Read more
Key Takeaways A new trademark application filed by Beast Holdings, LLC on October 13 reveals plans for a brand called “MrBeast Financial.” The filing covers a wide range of services spanning banking, investment, consumer lending, and cryptocurrency exchange functions. Share this article MrBeast, the world’s largest YouTuber, has filed a trademark for “MrBeast Financial,” a … Read more
Bank holding company PNC Financial Services Group, Inc. (NYSE: PNC) on Wednesday reported an increase in revenue and net income for the third quarter of 2025. Total revenues advanced to $5.92 billion in the September quarter from $5.43 billion in the prior-year period, reflecting growth in both noninterest income and net interest income. Q3 net income … Read more
Following Morgan Stanley’s recent advice to clients to allocate 2-4% of their investment portfolios to crypto, another Wall Street banking institution is pivoting to the crypto industry. Citigroup has announced plans to launch digital asset custody services by 2026. JP Morgan and US Bank have already begun offering crypto infrastructure services. Now, it seems entirely … Read more
Prezent, a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million in funding led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from existing investors like Emergent Ventures, WestWave Capital, and Alumni Ventures. The Los Altos, California, startup, which is now valued at $400 million, … Read more
California has passed a new law aimed at quieting blaring advertisements on streaming platforms like Netflix, Hulu, and Prime Video, requiring commercial volumes to match the audio levels of the content being streamed. California Governor Gavin Newsom signed the law on Monday. Starting July 1, 2026, streaming services won’t be allowed to “transmit the audio … Read more
Key Takeaways Backpack has launched BNB trading, margin, and lending services. Users can now perform spot trades, margin trades, and lending/borrowing with BNB. Share this article Backpack, a crypto exchange and wallet platform, today launched BNB trading, margin, and lending services for users. Users can access these features through Backpack’s integrated trading interface. Backpack has … Read more
Key Takeaways ProCap BTC has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. Hensarling brings significant regulatory experience, valuable as ProCap BTC focuses on Bitcoin treasury operations. Share this article ProCap BTC, a Bitcoin treasury company with the ticker symbol $BRR, has appointed Jeb Hensarling, former Chairman … Read more
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