The data: Affirm’s gross merchandise volume (GMV) grew 62% year over year (YoY) in its fiscal Q1 2023 (ended September 30, 2022), compared with an 84% YoY increase in the same period last year, per its shareholder letter. The company’s revenues jumped 34% YoY, slowing from 55% YoY growth a year ago. How we got here: Two factors helped spur…
Monthly Archives: November 2022
The jet-pack design was patented in 1919, but practical ones haven’t been available until the 2010s. Engineers spent the 20th century showing off versions able to fly for just 20 to 30 seconds. So why has it taken so long to develop jet packs that can reach 1,200 feet and fly up to 10 minutes?…
The memes quickly began to flow as users realized there was a way to know if someone paid for their verification. Courtesy of dumbai Twitter users can now purchase a blue verification checkmark as part of the $8 Twitter Blue subscription. Although the checkmark looks the same, it comes with a disclaimer to differentiate between…
After democratic strategist Kurt Bardella said she could make an Only Fans if she lost her House race, Rep. Lauren Boebert responded on Twitter saying, “Liberals even suck at feminism.” Kevin Dietsch/Getty Images, S. Schwartz/Getty Images Democratic strategist Kurt Bardella said Boebert could make money on OnlyFans if she loses her House race. Bardella later…
Rafael Henrique/SOPA Images/LightRocket via Getty Images FTX approached Kraken for emergency funds on Thursday, according to a report from Axios. The move follows the failed takeover deal between Binance and FTX. Earlier on Thursday, FTX CEO Sam Bankman-Fried said he was in talks with Tron crypto token founder Justin Sun about a rescue. FTX has…
An Amazon Alexa device Shutterstock Amazon has launched a cost-cutting review of its businesses, according to the WSJ. The review will focus on scaling back the company’s unprofitable business. Amazon’s device unit, which includes Alexa, has had operating losses of $5 billion a year in recent years. Looks like no one is safe in this…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. An excellent credit score is anything above 800, according to Fair Isaac…
Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on November 8, 2022, in Palm Beach, Florida. Joe Raedle/Getty Images Who will control the US Senate is still unknown as results from Arizona and Nevada continue trickling in. Donald Trump blasted out a…
Spirit Airlines Skycolors/Shutterstock Singapore Airlines was the best airline in the world in 2022, according to the study. US carriers fared poorly in the study with none cracking the Top 20. Indonesia’s Lion Air finished in last place in the study as the world’s worst airline. After years of battling it out for the title…
Karl Racine, the Washington, DC, attorney general, speaks during a news conference outside the US Capitol on Tuesday, December 14, 2021. Bill Clark/Getty Images Washington, DC, real-estate firms who discriminated against low-income renters face a record fine. DC also banned the discriminatory landlords and brokers from doing business in the city ever again. Two housing…