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Business October 10, 2020

IBM to spin off its $19 billion infrastructure services segment

IBM is diving deeper into the cloud services industry. On Wednesday, the company announced its plans to spin off its managed infrastructure services unit as a separate public company. The…

By Sean Corliss Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.
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Business October 10, 2020
Robinhood users report fraudulent account activity, left in ‘limbo’ they say

Robinhood users are complaining that their funds have been fraudulently withdrawn from their accounts on the online stock…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business October 10, 2020
Why DraftKings (DKNG) Shares Suffer Steady Decline this Week?

DraftKings Inc (NASDAQ: DKNG), the online sports betting company had an unlucky week—its stock price suffered a steady…

By Sean Corliss Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.
Business October 9, 2020
BitMEX former CTO Samuel Reed released from U.S. custody on $5 million bond

Samuel Reed, the co-founder and former chief technology officer (CTO) of the BitMEX cryptocurrency trading platform, has been…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business October 9, 2020
Dan Loeb discloses Snowflake among his latest winning investments

Dan Loeb, the billionaire activist investor, founder, and CEO of Third Point LLC disclosed that one of his…

By Sean Corliss Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.
Business October 9, 2020
Apple bug bounty program: hackers rewarded $288,500 for reporting 55 vulnerabilities

Apple Inc (NASDAQ: AAPL) rewarded $28,500 to a team of hackers who submitted a detailed report about the…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business October 8, 2020
Warren Buffett’s Advice on Beating COVID-19 Financially

At the beginning of the year, the coronavirus (COVID-19) crept into the US, closing down businesses, causing mass…

By Sean Corliss Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.
Business October 8, 2020
Surf Financial CEO David Nava pleaded guilty to multi-million dollar securities and tax fraud

David Nava, the CEO of Surf Financial Group LLC admitted to operating multi-million dollar securities and tax fraud…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business October 8, 2020
Citibank ordered to pay $400M penalty over its “unsafe or unsound banking practices”

Citibank (NYSE: C) agreed to pay a civil penalty of $400 million to resolve charges by the Federal…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business October 7, 2020
Clover Health attracts Chamath Palihapitiya with AI, inks $3.7 billion SPAC deal

Chamath Palihapitiya, the Canadian-American billionaire venture capitalist disclosed his newest target, Clover Health Investments, a Medicare Advantage insurance…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business October 7, 2020
DOJ charges Florida recording artist, Pennsylvania man in $24M COVID-Relief Fraud Scheme

The U.S. Department of Justice (DO) filed charges against a recording artist in Florida and another man in…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.

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