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Articles Tagged:

finance

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Facebook Dating announced, promptly causes Match.com's stock to plummet

Facebook's annual F8 developer event kicked off today, and the company had a number of pretty big announcements. Among them was news of plans to build a dating platform directly into its mobile apps—news investors in Match Group, the owner of a whole lot of online dating services including Tinder and Match.com, didn't take very well. As of this writing, the company's stock is down more than 20 percent.

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Stocks are live in Google Assistant, though they don't do anything new yet

For years now, it's been possible to follow your favorite stocks through Google Now / Feed, or by searching for certain stocks and adding them to your list. However, Assistant currently only understands general questions about stock prices, but doesn't yet know which ones you're interested in. Contrary to regular Google Search which knows what "my stocks" are, Assistant comes up with "I can't do this yet." No bueno. (Yet another symptom of the terrible transition between Google Search and Assistant.) But Google is working on bridging the gap by adding stocks to your Assistant settings.

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Samsung posts Q1 2018 financial results, tops expectations with record profits

It's that time of the... quarter. 2018 Q1 financial reports are being published by most of the big tech names, and Samsung is likely pretty pleased with its performance so far this year. It isn't quite as high as the impressive 2017 Q4 results it previously posted, but it's sitting pretty with a total of KRW 60.56 trillion ($56 billion) in revenue, with KRW 15.64 trillion ($14.51 billion) in operating profit. That's a revenue increase of 20% and an operating profit increase of over 50% compared to Q1 2017, beating expectations. 

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[Update: Available now] Google's Tez app will soon be able to process bill payments

A couple of months back, Google introduced a brand new mobile payments app exclusive to India. The country's banking landscape is a little different to many of the territories that currently have access to Android Pay, and so it needed a different approach. Until now, Tez has only been able to pay participating merchants or transfer between users, but it will soon be possible to pay utility bills, too.

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IFTTT adds support for iHome Enhance, Everynet, GraspIO, and Nexx Garage, moves Stocks applets to new Finance category

IFTTT is a tremendous boon for those interested in automating their lives. The company's tools have deep integration with a wide variety of third-party services and products, and they're always being improved upon. The most recent additions to the party are iHome Enhance, Everynet, Grasp IO, and Nexx Garage. The old Stocks category has also been renamed to Finance, so if you can't find those stock-related applets, they're still around in a new place. 

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[Update: It's working!] WhatsApp payments now showing for beta testers in India

We've known for a while that WhatsApp has been prepping a built-in payment service for its users in India, and the beta version of the app is now showing the new payments interface. The feature plugs into the UPI (Unified Payments Interface) program that includes many of the country's most popular banking institutions.

Although not officially announced by the company yet, beta testers have noticed a payment option in the attachment menu between Document and Gallery. According to TechCrunch, iOS users have been able to make payments with the service already. Gizmo Times has tried this out on Android, but it shows a "Couldn't add bank account" error message (below right).

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Samsung posts best ever financial results in 2017, with profits of $50 billion

South Korean electronics giant Samsung has revealed record-high sales figures for last year, with a total operating profit of $50 billion (KRW 53.65 trillion). The company released its Q4 results today, alongside numbers for the whole of 2017. In the last three months of the year, Samsung amassed $61.54 billion (KRW 65.98 trillion) in consolidated revenue, which amounted to $14.13 billion (KRW 15.15 trillion) in operating profit.

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Intuit releases Turbo credit score checking app for Android [APK Download]

There are plenty of apps on the Play Store if you want to check your credit score, but how many of them would you trust? Intuit is a company people have come to depend on for financial services, with popular apps like QuickBooks and TurboTax. So while we might not normally highlight an app of this kind, Turbo is probably worth a mention.

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WhatsApp could be ready to launch digital payments in India next month

Thanks to a government-backed platform called UPI (Unified Payment Interface), developers are able to more easily integrate digital payments for India into their apps. Google's Tez uses UPI for bill payments, and social app Truecaller added the functionality in a recent update. The country's most used messaging app shouldn't be too far behind as Facebook-owned WhatsApp could be ready to offer a payment solution based on UPI as early as next month.

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Xiaomi targets $50 billion valuation as it considers IPO next year

Chinese smartphone maker Xiaomi is currently in talks about a potential Initial Public Offering (IPO) as early as next year. Top company executives will be hoping for a valuation of at least $50 billion, with some of them optimistically holding out for an even higher figure.

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