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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos may have won a few extra months to find a long-term solution to its financial problems after reaching interim agreements with banks, bondholders, and the French government to provide €450 million (US$490 million) in additional liquidity. In 2023, the company made a net loss of €3.4 Other customers will have to take their chances.

.Net 105
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Citizens Challenge 2019: Driving Innovation In Banking

Forrester IT

Innovation events like these can help address changing consumer needs and behaviors, as well as competitors’ responses to them. They can help ensure the firm’s survival by adding net-new value to consumers. The Citizens Challenge, held by Citizens Bank […].

Banking 268
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Moonstone Bank, the Washington state bank with ties to FTX, will wind down crypto operations

GeekWire

(Bigstock Image) Moonstone Bank , the digital lender with ties to FTX, announced this week it will wind down plans to offer banking services for industries such as crypto and cannabis. It was acquired in 2020 by FBH Corporation, owned by Jean Chalopin, also the chairman of Bahamas-based Deltec Bank. Its net worth was $5.7

Banking 94
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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

A bank in rural Washington state sought to distance itself from FTX on Tuesday following a report last week detailing its connections to the failed cryptocurrency exchange. 23 that FBH, the parent company of Farmington State Bank, received $11.5 Moonstone Bank’s reputation as well.” Moonstone Bank’s reputation as well.”

Banking 98
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Amazon, Microsoft, Breakthrough Energy share climate news as ‘Climate Week’ kicks off

GeekWire

Climate Week is hosted in part by the United Nations and includes forums and events where business, governments and organizations discuss and share climate initiatives and goals. Its initial focus areas include direct air capture of carbon, green hydrogen fuel, long duration energy storage and sustainable aviation fuel.

Energy 119
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COP26 updates: Bill Gates’ Breakthrough Energy, Gates Foundation and Amazon tout climate efforts

GeekWire

Students protest at an event in San Francisco to raise awareness about climate change. ( More than 130 heads of state and government as well as thousands of diplomats are attending the two-week event. Gates shared his news at the COP26 World Leaders Summit Accelerating Clean Technology Innovation and Deployment event.

Energy 79
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Coachella will sell lifetime festival passes as NFTs

The Verge

NFT resales often net profits for the original seller, too, which could be a boon for something as permanent as a lifetime pass. But in the case of the NFL, the digital token itself doesn’t gain you entry to the event. If the NFTs are resold, Coachella, photographers, art installation artists, and design artists will receive a royalty.

.Net 89