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Apple expects a 5% drop in revenue amid sluggish sales for Mac and iPad. The Street expects the Apple board to authorize $90 billion worth of buybacks and share repurchases. Later today on Thursday, May 4, Apple Inc (NASDAQ: AAPL) will report its quarterly earnings with the Street expecting muted
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California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital.”The company outlined that it
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According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and
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Venture capital firm Digital Currency Group (DCG) has told shareholders it is halting its quarterly dividend payments until further notice as it attempts to preserve liquidity.According to the letter sent to shareholders on Jan. 17, the firm is focused on “strengthening our balance sheet by reducing operating expenses and preserving liquidity.”
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DCG, which owns CryptoX and other crypto companies, has become embroiled in the financial distress at its once-prolific lending platform Genesis. DCG owner Barry Silbert has been locked in negotiations with billionaire entrepreneurs Cameron and Tyler Winklevoss, whose crypto exchange Gemini offered a lending product that fell apart because Genesis,
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A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS) announced Wednesday “the first-ever dividend payable in bitcoin by a Nasdaq-listed
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Few could have imagined the true costs of “data for a service,” driven in large part by a monopolistic economy for users’ information, as powerful internet giants and platforms have melded into our daily lives. The internet’s ubiquity has led to societal cracks, from users’ lower self-esteem to impacting elections, while
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The Curve platform announced that 50% of all the trading fee will be distributed to the holders of veCRV in a move initiated at incentivizing liquidity providers and governance participants.The stablecoin DEX Curve has initiated a new dividend program for the investors and holders of its new governance token CRV.
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The white paper for Facebook’s proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer. Aside from expected amendments reflecting the revised Libra Association members, the biggest change is the removal of dividends payable to those early investors.Change
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Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar.After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to
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