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

GeekWire

Moonstone Bank , formerly known as Farmington State Bank, said in a statement that FTX founder Sam Bankman-Fried’s Alameda Research trading firm has less than a 10% stake in its parent company, with no board seats and no direct involvement in management. 23 that FBH, the parent company of Farmington State Bank, received $11.5

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

GeekWire

The move is a sudden pivot from the company’s original ambitions to turn the centuries-old Farmington State Bank, a tiny lender near the Washington-Idaho border, into a tech-focused financial company. Deltec’s most well-known client is crypto company Tether. Its net worth was $5.7

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Why is Salesforce hiking prices, and how does it affect customers?

CIO Business Intelligence

Salesforce, according to a company blog post published on Tuesday, said that it would be increasing prices across Sales Cloud, Service Cloud, Marketing Cloud, Industries, and Tableau by an average of 9% from August, after seven years of no price hikes. “The

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Law firm is strictly watching the Houser LLP data breach

Dataconomy

All details regarding the Houser LLP data breach In a disclosure made to the office of Maine’s attorney general on Wednesday, it was revealed that during the incident related to the Houser LLP data breach, certain documents were not only encrypted but also illicitly extracted from the company’s network.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

But Nasdaq is far more than a financial exchange, offers Peterson; it is a global technology company that is expanding into surveillance and security, continuing to build its SaaS business, and applying AI to many financial applications, he says. The company, which reported net revenues of $3.6 Not just the technology group.”

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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

Law enforcement technology company Axon added former HTC Vive exec Chris Chin as vice president of immersive tech. The company says its mission is to help de-escalate police use of force by providing transparency, technologies and tools that can replace deadly weapons. Chris Chin. Axon Photo). — Headquartered in Scottsdale, Ariz.,

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Verizon and T-Mobile want your business more than ever right now

The Verge

US telecom companies are braced for expensive changes in the coming years — and by extension, so are the rest of us. The company has reassured its shareholders that the hefty expenditure will help grow its customer base and increase the amount of money it makes on existing accounts. Illustration by Alex Castro / The Verge.

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