SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The dollar amount is not staggering. What is more notab
Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and AMC, among othe
The fintech wars continue to heat up with another major exit in the space. Consumer financial services platform SoFi announced today that it is acquiring payments and bank account infrastructure compa
Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which raised
Usually when it comes to big sums of funding, companies like to boast. Online lending startup Social Finance, better known as SoFi, took another tack this morning, quietly announcing in a press releas
SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include
DJI unveils the new Mavic Air, Twitter COO Anthony Noto resigns and Apple HomePod starts shipping February 9th. All this on Crunch Report.
Twitter COO Anthony Noto has left the company, Twitter announced Tuesday. Noto’s leaving because he accepted a CEO role elsewhere, according to the release. Just last week, the WSJ reported that
The small nice-ish story Twitter had going for itself for the past few quarters was that, at the very least, its monthly active users were growing quarter-over-quarter. While MAUs might not be the rig
Twitter has announced that it's hired a new CFO. Ned Segal is joining the company from Intuit, where he was senior vice president of finance. He also has investment banking experience, having spent 16
Twitter might consider adding premium subscription features to TweetDeck, but likely won't charge all users because the reduced access wouldn't jibe with what Twitter wants to be, according to COO An
Executives at Twitter make a lot of money. But it's not just like they make a lot of money relative to you or me, or compared to lower-level employees within the organization. A couple of executives a
Twitter co-founder and CEO Jack Dorsey spoke on stage with COO and CFO Anthony Noto at the Goldman Technology Conference in San Francisco on Wednesday. The leaders of the social media giant reiterated
Twitter’s advertising business is stalling, but the company is trying to focus on some flashes of improvement among the service — which it’s attributing to product changes, and not just
Twitter just announced that Chief Operating Officer Adam Bain is departing. Bain has been with Twitter since 2010, building the company’s ad business and becoming COO last year at the same tim
Twitter is currently holding a post-earnings Q&A on Periscope. The guest? CFO Anthony Noto. The company took a bit of a nosedive after its Q3 earnings at the end of last month, so folks have quest
During Twitter's Q3 earnings call, CEO Jack Dorsey was joined by COO Adam Bain and CFO Anthony Noto. The call was broadcasted live on Periscope for the second straight time. Growth didn't appease Wall
Twitter's user count grew a measly 1.4% this quarter, down from 4.8% in Q3 2014, but CFO Anthony Noto said things are turning around. He said the rollout of iOS 8 cost Twitter 4 million monthly active