Media mogul Jeffrey Katzenberg is bullish on technology as he pulls in more money for startup investing. But he’s keeping his venture portfolio clear of digital media. Katzenberg, who three years ago had to contend with the the high-profile failure of short-form entertainment company Quibi, has just raised $460 million for investment firm WndrCo, which he started with former Dropbox finance chief Sujay Jaswa. WndrCo started as a holding company in 2016 with capital from private investors. Since then, the firm has grown to manage $1.3 billion, investing in companies across technology, including Dapper, Databricks, Gemini, and Robinhood. The firm has also…
Author: insighter
U.S. Bank’s mobile app has near-perfect ratings from Apple and Android users, a strong endorsement of the app’s simple interface but robust capabilities. U.S. Bank credit card holders will likely find that the app does everything they need it to do, and then some, and is easy to navigate.FeaturesLogin and securityYou can securely access the U.S. Bank mobile app with a password, fingerprint or two-factor authentication. Once logged in, you’ll find options to lock, unlock, or report a lost or missing credit card. U.S. Bank also allows account holders to give other people limited access to financial accounts. You can…
Alex Kruglov is co-founder and CEO of pop.in. As artificial intelligence (AI) reshapes industry after industry, we will soon witness not just the automation of tasks but also the proliferation of elevated mediocrity—a tidal wave of “good enough” AI-driven outputs that will flood markets with astonishing speed. This relentless pace of disruptive imitation will do more than enhance productivity—it will spawn a cottage industry where constant self-disruption by look-alikes is the norm, and the traditional venture capital model struggles for relevance. In this brave new world, every revolutionary idea will be instantly met with a legion of fast followers, blurring…
India’s Prime Minister Narendra Modi displays his inked marked finger after casting his ballot at a polling booth at Ranip, Ahmedabad on May 7, 2024. Sajjad Hussain | Afp | Getty ImagesThe Bharatiya Janata Party-led National Democratic Alliance is set to come to power in India again — albeit with a much reduced majority, according to the latest data from the Election Commission of India.The BJP-led NDA was ahead on nearly 290 parliamentary seats, while the opposition Indian National Developmental Inclusive Alliance (INDIA), led by the Indian National Congress was leading on 230 seats, according to local media.The BJP-led National Democratic Alliance won…
Questrade is a Canadian investment platform that has gained popularity for its low fees.Self-directed investors in Canada have access to over a dozen online brokers and several robo-advisor platforms. One such platform is Questrade, an independent brokerage that has gained popularity for its no-fee exchange-traded fund (ETF) purchases and no account administration fees. But how does Questrade compare to other popular Canadian investment platforms, such as Wealthsimple or the big bank brokerages? We let you know what Questrade has to offer in this full review. Self-directed trading platform for Canadian investors Free ETF purchases, competitive commission-fees Also offers a robo-advisor platform with Questwealth…
Shein is kind of a big deal. In 12 years, the Chinese fast-fashion behemoth has exploded in size and now reaches over 150 countries. Its $5 dresses and accessories have caught the attention of younger shoppers looking to get more for less. As it has grown, Shein has been in the crosshairs of American lawmakers. It initially planned to list its shares in the U.S., but it has since shifted its gaze to London, where it reportedly plans to float in the coming weeks. Although Shein has not officially announced a date, its eventual IPO would be London’s most high-profile…
D3sign | Moment | Getty ImagesAmericans aren’t good at taking vacation.About 62% of workers say having a job with paid time off — for vacations or illness — is “extremely important” to them, more so than benefits like health insurance, a 401(k) plan or paid parental leave, according to a Pew Research Center report from 2023. However, 46% don’t use all the time off made available to them, Pew found.”If you never take vacation or have time off, you’re not honoring how humans were created and what we need to stay refreshed,” said Elizabeth Grace Saunders, a time management coach.…
NerdWallet rating NerdWallet’s ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.Marcus by Goldman Sachs’ Online Savings Account earns a competitive 4.40% APY (annual percentage yield) as of 4/3/2024. This rate is much better than the national average rate of 0.45%, and is among the best savings rates around. Also, there are no monthly fees. The savings account is offered by Goldman Sachs Bank, which is a brand of the financial giant Goldman Sachs. Marcus by Goldman Sachs high-yield savings account: rates and feesMinimum requirement to earn the…
Bharatiya Janata Party supporters wearing a hat with Narendra Modi’s face during a nomination filing rally by in Kolkata, India on May 10, 2024. Hindustan Times | Hindustan Times | Getty ImagesIndia started counting votes for its 2024 general election on Tuesday, with Narendra Modi projected to win a rare third consecutive term as prime minister as per exit polls.Exit polls released on Saturday showed the Bharatiya Janata Party-led National Democratic Alliance was set to win an overwhelming majority, with the NDTV poll of polls pegging the coalition’s seats at 365 in the lower house of the parliament. Exit poll projections…
Many of us have experienced the frustration of trying to find a physician who’s accepting new patients, waiting a long time to see a doctor, and rushed appointments. Enter concierge medicine. “Concierge medicine is when people pay an annual membership fee for a more personalized approach to their health care,” says Bret Jorgensen, CEO of MDVIP, the largest network of concierge providers, with over 1,100 affiliated primary care physicians. Given the rise in chronic diseases and the rapid growth in the older adult population, there’s an increased need for healthcare services. As a result, the global concierge medicine market is…
Keith Gill, known on Reddit under the pseudonym DeepF——-Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo.Pavlo Gonchar | Lightrocket | Getty ImagesMeme stock leader Keith Gill, who’s behind GameStop’s recent roller-coaster ride, appeared to hold onto his big position in the video game retailer even after Monday’s big rally.Gill, whose handle is “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube and X, posted another screenshot of his portfolio showing the same common stock and call option holdings Monday after the stock market closed as those…
Of the debt held by the major credit card issuers, 82% of that amount is revolving — that is, carried over from month to month — according to the 2023 Consumer Credit Card Report from the Consumer Financial Protection Bureau. The same report found that 1 in 10 personal credit card accounts are charged more in interest and fees than is paid toward the principal each year.When you’re paying so much just in interest, credit card debt can feel like an impossible weight to shed. But there’s a way to pause those crushing interest charges, at least temporarily, with a…