County San Mateo Financial News
12.09 / 18:49
SEC
spot bitcoin ETF
Traditional Finance Giant Franklin Templeton Files Spot Bitcoin ETF With the SEC
San Mateo-based Franklin Templeton, one of the world's largest global investment managers, has joined the spot Bitcoin exchange-traded fund (ETF) frenzy, filing an application with the US Securities and Exchange Commission (SEC) on Tuesday.
02.08 / 03:47
COST
Target
Booking
NASDAQ
Software
reports
Freshworks reports 19% rise in revenues, expects $28 million of operating profit for 2023
Freshworks on Tuesday reported a 19% rise in its revenues to $145.1 million for quarter ending in June, and raised its full-year financial forecast for 2023 midpoint saying it will hit adjusted operating profit of $28 million. The Chennai and San Mateo, California-headquartered company said its net loss shrank to $35.66 million, or 12 cents per share, in the first quarter ended June 2023, from $69.75 million, or 24 cents per share, a year earlier. The company had raised its full-year 2023 financial forecast to an adjusted operating profit of $5 million in the previous quarter ended March 31, 2023.
29.06 / 20:17
22.02 / 14:01
Facebook
Social Media
privacy
Legal
Australian
Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads
Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liable for “reputation-damaging” crypto scam ads that made use of images of him.
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