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A-Cube, an innovative technology partner specializing in automated digital tax compliance, has successfully secured a €4million investment round. The funding round was led by P101 SGR, a prominent Italian venture capital firm with an international focus, which will also provide strategic operational support as the startup embarks on its next phase of development. Sella Direct Ventures, an investor specializing in fintech and financial services technologies, also participated in the round and intends to leverage its global network to further accelerate A-Cube’s scale-up efforts. This new capital injection is designed to consolidate A-Cube’s footprint across key European markets while accelerating the…

Some of your parents’ old rules don’t work as well anymore. Here’s what does, according to Mrs. Dow Jones.

The riveting gains for microchip stocks have many analysts drawing parallels to 1999, just ahead of the dot-com crash, when the build-out of a key technology led to parabolic moves and frenzied speculation.

Check out what’s clicking on FoxBusiness.com. Spring & Mulberry is expanding its recall of select chocolate bars to include all 12 of its product lines over concerns of possible salmonella contamination, according to federal regulators. The Friday announcement marks the second widening of the recall affecting the North Carolina-based company, a brand known for sweetening its chocolate bars exclusively with dates.The U.S. Food and Drug Administration said the move follows an investigation that identified a batch of dates as the likely source of the contamination. “The investigation has now identified a single lot of date ingredient used in the production…

Case for euro stablecoins ‘weaker than it appears’, says Lagarde – Central Banking Skip to main content End of drawer navigation content ECB president says settlement in tokenised markets must be anchored in central bank money Christine Lagarde Christine Lagarde has come out against euro-denominated stablecoins, arguing that settlement in tokenised financial markets must be anchored in central bank money. In a speech on May 8 at the Bank of Spain’s LatAm Economic Forum, the European Central Bank president said stablecoins were reshaping monetary demand and transforming settlement infrastructure through the use of distributed ledger technology (DLT). The case for promoting euro-denominated stablecoins…

By Jeff Horwitz May 11 (Reuters) – California’s Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising and unfair business ‌practices laws. The lawsuit – filed Monday in Santa Clara County Superior Court on behalf of all California residents – ‌accuses the social media giant of tolerating fraudulent advertising on a global basis. The suit seeks restitution, civil damages and an order prohibiting ​Meta from engaging in unfair business practices. Citing leaked internal documents first reported by Reuters last year, the complaint alleges that the…

Quantum Computing Inc. (QUBT) Mid-Long Term Company AnalysisRecommendation: Sell Detailed Recommendation: Reduce position size over a longer time horizon (e.g., several weeks) using reverse dollar-cost averaging to hedge against temporal price movements. The opportunity cost of holding QUBT appears too high relative to other potential allocations.Company Introduction Quantum Computing Inc (NASDAQ:QUBT) is a Delaware-incorporated company founded in 2018 and listed in 2021, which focuses on developing quantum-computing technologies based on photonics and non-linear quantum optics. They are headquartered in Hoboken, New Jersey, have a market cap of around $1.6 B, and employ around 50 people. After their 2022 merger with QPhoton Inc., QUBT’s…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxDigital wealth platform Syfe is rolling out a new feature allowing users to co-manage investment portfolios and build shared wealth.The product is currently live for an early-access group, with a full public launch expected in the coming weeks.The launch of Syfe joint accounts in Singapore targets what the platform describes as a “coordination gap” in retail wealth management.According to a recent company survey, more than 40% of respondents currently invest separately and struggle to coordinate their finances manually.Furthermore, the survey revealed that a single person manages all investments…

Check out the companies making the biggest moves premarket: Moderna — The biotechnology company was up almost 9% after a U.S. citizen tested positive for the hantavirus. Another American had symptoms for the virus, but had yet to test positive, the Associated Press reported . Moderna last week announced that it was in the early-stage development of a vaccine for hantavirus. Lumentum — The stock rose nearly 5% on news it will join the Nasdaq 100 index. The company will replace CoStar on May 18. Monday.com — The software company surged 26% after it reported an earnings and revenue beat…