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Is Social Media Key to Hitting the Trillions for (Fin)Tech Companies?

Bank Innovation

Could Microsoft be the first technology company to earn a one trillion market value? Analyst Michael Markowski seems to think so, citing the technology giant’s recent acquisition of professional social media site LinkedIn as the boost that pushed Microsoft into the race.

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X nabs Rhode Island, Mississippi money licenses

Payments Dive

The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

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Stripe, Hubspot, And JP Morgan Are Buying Audiences. Why Acquiring Media Companies And Communities Is About To Explode

CB Insights

Over the last month or so, JP Morgan has purchased 2 content/media assets. Yes, JP Morgan — the world’s largest financial services institution, the one sporting a market cap that is almost equivalent to all the fintech unicorns combined — is going deep on niche media and content. Want the full post?

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X adds state money licenses in pursuit of payments

Payments Dive

The social media company, formerly known as Twitter, advanced its payments strategy by collecting two more state money transmitter licenses.

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Consumers Value Their Social Media But Put Security Onus On Companies

PYMNTS

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. That may be particularly scary since Forbes reported that Mark Zuckerberg of Facebook got his social media accounts hacked for the third time in 2016.

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Is X unfit to hold state money licenses?

Payments Dive

Lawyers who sued the company on behalf of an imprisoned Saudi activist urged states to apply “heavy scrutiny” in reviewing the social media platform’s license requests.

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PayPal expands tie with Meta

Payments Dive

The digital titans plan to extend a partnership in which the payments company channels charitable giving on the Facebook and Instagram social media sites.