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

GeekWire

“The change in strategy reflects the impact of recent events in the crypto assets industry and the resultant changing regulatory environment relating to crypto asset businesses,” Moonstone said in a press release. By acquiring Farmington, Moonstone received a banking charter , a business license required for U.S.

Banking 109
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Why is Salesforce hiking prices, and how does it affect customers?

CIO Business Intelligence

Forrester’s Herbert pointed out that in its latest AI Day event, Salesforce said that pricing for its generative AI services was still being worked out. Meanwhile, new generative AI capabilities, such as Einstein GPT, likely played a very small to a negligible role in determining the change in pricing, several experts agreed.

Oracle 76
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Law firm is strictly watching the Houser LLP data breach

Dataconomy

Houser LLP reported the compromise of sensitive data, which encompassed names alongside potentially exposed information such as Social Security numbers, driver’s license numbers, individual tax identification numbers, financial account details, and medical information.

Data 36
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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

Prior to joining Convoy in 2018, Kreiner was CEO of Cal Net Technology Group and a managing partner at Olympic Valley Capital. Eby has been succeeded by Morgan Hellar who originally joined WRF in 2004 as a license administrator for the organization’s patent portfolio. Prior to her promotion, she was WRF’s controller.

CTO Hire 136
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

The company, which reported net revenues of $3.6 billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing. That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there. It improves outcomes.”

Financial 113
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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

Its net worth was $5.7 By acquiring Farmington, Moonstone received a banking charter, a business license required for financial institutions handling deposits and offering other bank-like services. He represented Moonstone as a panelist at the TF6 conference in June, a crypto event hosted by Seattle crypto accelerator TF Labs.

Banking 105
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Verizon and T-Mobile want your business more than ever right now

The Verge

It told investors at its March analyst event that “with C-band included, we think step-ups to premium [plans] will only accelerate.” T-Mobile gained a net of 773,000 postpaid phone customers, and AT&T added 595,000, its highest number in 10 years. The company raised its investor guidance and now expects to add a net of between 4.4

Mobile 70