Lyft shares get crushed on weak guidance for first quarter

February 9, 2023

Lyft beat the street on revenue in the fourth quarter, but it wasn’t enough to assuage investors who reacted to the ride-hailing company’s weak guidance for the first three months of 2023. Lyft lowered expectations for revenue in the first quarter to $975 million. Analysts had expected the company to promise $1.09 billion in revenue. […]

Lyft shares get crushed on weak guidance for first quarter by Rebecca Bellan originally published on TechCrunch

Epic Games launches Postparty, an app for sharing Fortnite clips

February 9, 2023

Modern gaming now boasts persistent online worlds and graphics that rival reality, but sharing gameplay videos or even screenshots is still a bear for some reason. Aware of that pain point and ever eager to make its colorful virtual gaming worlds even more compelling, Epic Games just launched a clip-sharing app called Postparty. The app, […]

Epic Games launches Postparty, an app for sharing Fortnite clips by Taylor Hatmaker originally published on TechCrunch

Kraken ends its crypto-staking services for US clients following $30M SEC charge

February 9, 2023

Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. The exchange, which was charged under its subsidiaries of Payward Ventures and Payward Trading, will pay $30 million in charges for “disgorgement, prejudgment interest and civil penalties.” In response […]

Kraken ends its crypto-staking services for US clients following $30M SEC charge by Jacquelyn Melinek originally published on TechCrunch