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Soren Iverson - 1 he's - 1 — - 1 they'd - 1 doesn't - 1 Iverson - 1 Millennials - 1 Rohit Chopra - 1
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Search resuls for: "Cash App"


25 mentions found


☆ Meet the product designer going viral for his 'unhinged' ideas to improve apps — like nepotism disclosures on LinkedIn, and 'diet mode' for Uber Eats
  + stars: | 2023-06-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +3 min
Since December 2022, he's also been posting ideas for what he calls "unhinged" app features on Twitter. The "fake" label was designed by Soren Iverson, an LA-based product designer at the fintech company Cash App. Since December, Iverson has been posting mockups on Twitter for cheeky app features like the LinkedIn disclosure. Sometimes, that means he's designing a batch of ideas over the weekend and pre-scheduling posts. Other times, it means he's uploading a new design to Twitter right before his deadline.
Persons: Soren Iverson, he's, —, they'd, doesn't, Iverson Organizations: Twitter, Morning, LinkedIn, Google Locations: LA, Pacific
☆ Money stored in payment apps like Venmo may be more vulnerable than bank deposits, CFPB says
  + stars: | 2023-06-01 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +2 min
WASHINGTON — Money held in non-bank, peer-to-peer payment apps is not guaranteed for federal deposit insurance protection, which makes the funds more vulnerable, the Consumer Financial Protection Bureau warned on Thursday. More than three-quarters of U.S. adults have used a payment app, according to the Pew Research Center. Some invest the money in interest-earning loans and bonds instead of depositing into a traditional bank or credit union. But the insurance is only provided under certain conditions and does not protect users' money if the parent app collapses. Until then, app users must be proactive in moving money into an insured financial facility until a method is adopted, the agency said.
Persons: Millennials, Rohit Chopra, CFPB, Chopra, Elon Musk, Zelle Organizations: WASHINGTON, Consumer Financial, Pew Research Center, Twitter, PayPal Locations: U.S, Venmo
☆ Disney Scrapping Florida Campus, Shuttering Hotel Amid DeSantis Feud
  + stars: | 2023-05-20 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
Bob Lee Murder: The Story of the Cash App Founder and His Alleged Killer The fatal stabbing of Bob Lee rocked Silicon Valley. WSJ’s Kirsten Grind reveals details about what brought the Cash App founder and his alleged killer together, and explains what prosecutors say happened the night of his death. Photo Illustration: Preston Jessee
☆ Bob Lee Murder: The Story of the Cash App Founder and His Alleged Killer
  + stars: | 2023-05-20 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
Elon Musk Picks NBCU’s Linda Yaccarino to Lead Twitter. Here’s Why Twitter’s next CEO, Linda Yaccarino, is well-known for her tight relationship with ad agencies and her hard-nosed negotiating tactics. WSJ’s Suzanne Vranica explains what she can bring to the social media company. Photo: Charles Sykes/NBCUniversal/Getty Images
☆ Cash App founder Bob Lee's accused killer Nima Momeni just pleaded not guilty
  + stars: | 2023-05-18 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
Nima Momeni pleaded not guilty to charges that he murdered Cash App founder Bob Lee, the San Francisco Chronicle reported. San Francisco prosecutors had charged Momeni after his arrest last month in Emeryville, California. Tech consultant Nima Momeni pleaded not guilty on Thursday to San Francisco prosecutors' charge of murder in the killing of Cash App founder Bob Lee last month in downtown San Francisco. Momeni entered the plea at an arraignment in San Francisco state court, according to a report by the San Francisco Chronicle. They alleged at the time that Momeni grilled Lee about Momeni's sister socializing with Lee.
☆ Cash App founder Bob Lee dated his murder suspect's ex-girlfriend before he started seeing his sister, friends said. The suspect's lawyer disputes claims of an affair.
  + stars: | 2023-05-15 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
Nima Momeni is facing a murder charge in connection to the death of Cash App founder Bob Lee. At a later point, Lee began casually sleeping with Momeni's sister, Khazar, per WSJ. Prosecutors previously alleged in court documents that Momeni confronted Lee that night about his sister, Khazar, before the stabbing. Afterward, friends familiar with the matter said that Lee started sleeping with Khazar Momeni, who is married to Dino Elyassnia, a well-known San Francisco-based plastic surgeon. She told WSJ that, if anything, Lee may have been microdosing ketamine to treat depression.
☆ Before His Killing, Cash App Founder Bob Lee Led an Underground Life of Sex and Drugs
  + stars: | 2023-05-14 | by ( Kirsten Grind | Katherine Bindley | Zusha Elinson | ) www.wsj.com   time to read: 1 min
SAN FRANCISCO—In certain wealthy tech circles it is known as “The Lifestyle,” an underground party scene featuring recreational drug use and casual sex. A successful tech executive named Bob Lee liked to hang out with that crowd, according to people who also participated. So, too, did Khazar Momeni , the wife of a prominent plastic surgeon, these people said.
☆ Cash App founder Bob Lee was having an affair with the sister of his alleged killer, friends say
  + stars: | 2023-05-14 | by ( Bethany Biron | ) www.businessinsider.com   time to read: +4 min
Cash App founder Bob Lee was having an affair with his accused killer's sister, Khazar Momeni, sources told WSJ. Khazar's brother, Nima Momeni, is in jail on murder charges in the fatal stabbing of Lee last month. Sources said Lee and Khazar were both part of "The Lifestyle," an underground San Francisco party scene. Cash App founder Bob Lee, who was stabbed to death last month, was having an affair with the sister of his alleged killer, Nima Momeni, according to a new report from the Wall Street Journal. According to witnesses at the scene, Lee told Nima that his sister had not taken any drugs and "nothing inappropriate had happened."
☆ Cash App founder Bob Lee was part of an underground party scene of sex and drugs called 'The Lifestyle' prior to his death, report says
  + stars: | 2023-05-14 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +3 min
Cash App founder Bob Lee was part of an underground sex, drug, and party scene for years prior to his death, WSJ reported. Friends and coworkers of Lee spoke to the Journal about the late tech executive's life. The report also provides new possible connections between Lee and his alleged killer, Nima Momeni. Cash App founder Bob Lee, who was killed in San Francisco in April, reportedly spent years participating in "The Lifestyle," an underground party scene known for recreational drugs and casual sex in San Francisco. The report also shed further light on the possible ties between Lee and his accused killer, tech consultant Nima Momeni.
☆ Block's Amrita Ahuja on Cash App growth and profits drive
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlock's Amrita Ahuja on Cash App growth and profits driveAmrita Ahuja, Block chief financial officer, joins 'Squawk on the Street' to discuss the company's earnings beat due to a Cash App profit drive.
☆ Block beats expectations on revenue, boosting shares
  + stars: | 2023-05-04 | by ( Hannah Lang | Thomson Reuters | Hannah Lang Covers Financial Technology | ) www.reuters.com   time to read: +1 min
[1/2] Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Shares of Block, formerly called Square, rose more than 4% in extended trading on Thursday. Prior to market close, its stock was down more than 10% from the beginning of this year. Block has denied the allegations and has said it would explore legal action against the short seller. Short sellers like Hindenburg typically sell borrowed securities and aim to buy these back at a lower price.
☆ Cash App creator Bob Lee's autopsy shows he died of 3 stab wounds. His suspected killer's defense is pointing to drugs found in his system.
  + stars: | 2023-05-03 | by ( Sindhu Sundar | Lloyd Lee | ) www.businessinsider.com   time to read: +4 min
Cash App founder Bob Lee died from stab wounds that damaged his heart, a medical report reveals. Lee had himself called 911 after he was attacked in downtown San Francisco last month. The medical report states that the police officers attempted CPR when they found Lee, who had sustained wounds on his "left upper chest." (Gabrielle Lurie/San Francisco Chronicle via AP, Pool) (Gabrielle Lurie/San Francisco Chronicle via AP, Pool)Canny told reporters outside the courtroom that Lee's toxicology report would factor in the case. Representatives for the San Francisco District Attorney's office did not respond to Insider's emailed request for comment on Tuesday.
☆ Block investors may seek clarity on Cash App after Hindenburg report
  + stars: | 2023-05-03 | by ( Manya Saini | Thomson Reuters | Manya Saini Reports On Prominent Publicly Listed U.S. Financial Firms Including Wall Street S Biggest Banks | ) www.reuters.com   time to read: +3 min
May 3 (Reuters) - Jack Dorsey-led Block Inc's (SQ.N) first-quarter results will likely see investors zoom in on the payments firm's Cash App business following U.S. short-seller Hindenburg Research's allegations including inflated user count. Morgan Stanley analysts in April said that some bearish investors remain uncertain about the amount of gross profit that is generated by "potential illicit activity" on the Cash App platform. "Eventually, bears suspect a meaningful amount of gross profit might come under pressure if regulators crack down on Cash App, and also think this makes it hard to accept that Cash App can be a legitimate, trusted bank in the long-term," they added. Block has touted Cash App as an alternative to traditional banking services. Cash App reported 51 million monthly active customers as of Dec. 31, of which 44 million were verified.
☆ 10 Things in Tech: AI-generated Drake songs, discounted startups, and Amazon’s upgraded Alexa
  + stars: | 2023-05-03 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +4 min
I'm Diamond Naga Siu, and in this turbulent economy, I definitely want stability over most other things. And my colleague Grace Mayer highlights how retail, finance, and other (seemingly more stable) industries are piquing our interest instead. A leaked document viewed by Insider revealed that Amazon wants to focus on entertainment features for Alexa. The upgrade will feature Amazon's own generative AI technology instead of using OpenAI's technology (like how Microsoft paired ChatGPT with Bing). Bell dished to my colleague Ashley Stewart on why he made the move, how he met Satya Nadella, and more.
☆ The short seller that took on Asia's richest man has a new target: Wall Street legend Carl Icahn
  + stars: | 2023-05-02 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +3 min
Hindenburg Research unveiled its short position against Carl Icahn's holding company on Tuesday. The short seller has also targeted Adani Group and payments company Block this year. Hindenburg Research, which earlier this year released a scathing report on Indian conglomerate Adani Group, unveiled its short position against Icahn Enterprises on Tuesday. Shares of Icahn Enterprises plunged nearly 20% shortly after the opening bell, trading at $41.49 at 10:05 a.m. Icahn Enterprises did not immediately respond to Insider's request for comment.
☆ 10 in-demand work-from-anywhere jobs companies are hiring for now—many pay over $100K
  + stars: | 2023-04-27 | by ( Morgan Smith | ) www.cnbc.com   time to read: +4 min
While the concept of working wherever you want might sound too good to be true, with the right remote job, that dream can become a reality. In a work-from-anywhere job, employees work "100% remotely, are independent of location and, in many cases, are also independent of a specific time zone," says Toni Frana, a lead career expert at FlexJobs. Most remote jobs have geographic requirements, whether it's a specific country, state or city, mainly due to state and federal regulations that dictate where companies can hire people and do business. FlexJobs also identified the 10 most in-demand work-from-anywhere jobs companies are hiring for right now by analyzing its database for the roles that had the highest volume of work-from-anywhere listings between January and April 2023. These two skills, along with time management and communication, are some of the most important qualifications companies are looking for in work-from-anywhere job candidates.
Organizations: & $
☆ Bob Lee: Man accused of killing Cash App intends to plead not guilty next week
  + stars: | 2023-04-25 | by ( Veronica Miracle Cheri Mossburg Phil Gast | Veronica Miracle | Cheri Mossburg | ) edition.cnn.com   time to read: +8 min
CNN —Nima Momeni, the man accused of killing Cash App founder Bob Lee in San Francisco, intends to plead not guilty next week, his attorney said. “We believe that we have sufficient evidence to prove beyond a reasonable doubt that Mr. Momeni murdered Bob Lee,” Jenkins said. Alleged conversations between Lee and MomeniBob Lee cofounded the mobile payment service provider Cash App. Lee had told Momeni nothing inappropriate happened, according to the document. “Momeni forcefully grabbed her right upper arm and her right side waist area,” Officer Johnson wrote in the report, according to the Chronicle.
☆ Nima Momeni was cited with assault against a woman less than a year before he was arrested and charged in the fatal stabbing of Cash App founder Bob Lee
  + stars: | 2023-04-21 | by ( Lloyd Lee | Katherine Long | ) www.businessinsider.com   time to read: +2 min
Nima Momeni faces a murder charge in connection to Cash App founder Bob Lee's death. Less than a year before, he was cited for simple assault of a woman, records show. Momeni had a few prior run-ins with police, including for driving with a suspended license and a DUI. Nima Momeni, 38, the tech consultant who was arrested on a murder charge in the stabbing of Cash App creator Bob Lee, was previously cited on suspicion of assault and battery, according to police records obtained by Insider. Records state that Momeni was subsequently cited and released on PC 242, the California penal code for assault and battery.
☆ Bob Lee: Suspect accused of killing CashApp founder had been cited in 2022 domestic battery incident but never charged, San Francisco Chronicle reports
  + stars: | 2023-04-21 | by ( Taylor Romine | ) edition.cnn.com   time to read: +1 min
CNN —The suspect accused of killing CashApp founder Bob Lee was cited last year by police for misdemeanor battery, the San Francisco Chronicle reported exclusively Thursday. Lee, who cofounded the mobile payment service provider Cash App, was stabbed to death in the Rincon Hill neighborhood of San Francisco early in the morning of April 4. Momeni was taken to the San Francisco County jail last week, where he was booked on one charge of murder. Dispatch records show she told police Momeni “grabbed her arm & pulled it, pushed her physically,” the paper reported. Police officers “indicated they cited and released Momeni on suspicion of battery almost an hour after the call came in,” the Chronicle said.
☆ Bob Lee killing suspect Nima Momeni is being monitored while in jail, but suspect's lawyer says calling it 'suicide watch' is 'dramatic'
  + stars: | 2023-04-19 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +3 min
Nima Momeni is in jail on a murder charge in the stabbing of Cash App founder Bob Lee. His lawyer told Insider that Momeni was placed "in a safety protocol." Wu did not immediately respond to a follow-up inquiry on the circumstances that might have placed Momeni under watch. Lee was fatally stabbed on San Francisco street in the early morning of April 4. Prior to the stabbing, Lee was staying at 1 Hotel San Francisco, just a few blocks from Khazar's apartment.
☆ Humans have to get in the way of AI to make it more responsible
  + stars: | 2023-04-17 | by ( Emilia David | ) www.businessinsider.com   time to read: +4 min
Humans are key to responsible AI. Calls to pause AI development centered around the need to make sure we were building responsible AI. But some Big Tech companies laid off responsible AI employees as part of the great cost-cutting sweeping the industry, possibly undermining the greatest tool against unfettered, unchecked AI. Those moves come right as society has come to understand what can happen if AI escapes its guardrails, making AI ethics more important than ever. Here's why humans will help bring responsible AI to fruition.
☆ Man Arrested in Cash App Founder Bob Lee’s Fatal Stabbing Set to Appear in Court
  + stars: | 2023-04-14 | by ( Alyssa Lukpat | ) www.wsj.com   time to read: 1 min
The man arrested in connection with the fatal stabbing in San Francisco of Cash App founder Bob Lee is expected to appear in court on Friday. Nima Momeni , 38, was arrested Thursday morning and booked on a murder charge, according to San Francisco police.
☆ Cash App Founder Bob Lee’s Killing Followed Visit With Accused Killer’s Sister, Prosecutors Say
  + stars: | 2023-04-14 | by ( Zusha Elinson | Alyssa Lukpat | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/man-arrested-in-cash-app-founder-bob-lees-fatal-stabbing-set-to-appear-in-court-5d205776
☆ California prosecutors suggest Cash App founder was slain in dispute over suspect's sister
  + stars: | 2023-04-14 | by ( Dan Whitcomb | ) www.reuters.com   time to read: +3 min
[1/3] Nima Momeni, the 38-year-old founder of software company Expand IT, appears before Judge Christine Van Aken, accused of the stabbing murder of Cash App founder Bob Lee in a courtroom sketch in San Francisco, California, U.S. April 14, 2023. REUTERS/Vicki BehringerApril 14 (Reuters) - The tech executive charged with stabbing Cash App founder Bob Lee to death in San Francisco confronted him earlier in the evening about his ties to the suspect's younger sister, prosecutors said on Friday in court documents that outlined a possible motive. Momeni, founder of the Bay Area software company Expand IT, briefly appeared in a San Francisco courtroom on Friday, where a judge postponed his arraignment until April 25. The sister and her husband both attended Momeni's court hearing on Friday. Block Inc-owned (SQ.N) Cash App allows users to transfer money through a mobile application, which the company touts as an alternative to traditional banking services.
☆ Family of Cash App founder Bob Lee thanks police ‘for bringing his killer to justice’
  + stars: | 2023-04-14 | by ( Rebekah Riess | ) edition.cnn.com   time to read: +1 min
CNN —The family of murdered Cash App founder Bob Lee issued a statement Thursday thanking the San Francisco Police Department “for bringing his killer to Justice” after the arrest of Nima Momeni. Law enforcement described Momeni as a 38-year-old man from Emeryville, California and said Momeni and Lee knew one another, but didn’t provide further details about their connection. Lee was stabbed to death in the Rincon Hill neighborhood of San Francisco early in the morning of April 4th. “Every day around the world, people interact with technology that Bob helped create. Bob will live on through these interactions and his dreams of improving all of our lives,” the statement reads.
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