Payment Company Stripe to Acquire Crypto Wallet Provider Privy
Stripe Inc. agreed to acquire crypto wallet provider Privy, building on the payment company's recent acquisition of stablecoin infrastructure firm Bridge.
Terms of the transaction weren't disclosed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBS News
32 minutes ago
- CBS News
Suisun City votes to move forward with California Forever annexation project research
SUISUN CITY -- The Suisun City city council voted 3-1 on Tuesday night to enter into a reimbursement agreement with California Forever, which means the city's plan to consider annexing up to 22,000 acres of land owned by the development group now takes a big step forward in what is projected to be a years-long process. California Forever, a billionaire-backed initiative that drew national attention for its plans to build a new city in Solano County, withdrew its "East Solano Plan" from the November ballot in July 2024. The group was asking Solano County voters to support their proposed city adjacent to Travis Air Force Base of around 400,000 people. Instead, the group went back to the drawing board amid public pushback to put together a full environmental impact report on the proposed city's impact, planning to put a measure back before voters in 2026. Suisun City, as has the city of Rio Vista, engaged in talks with California Forever beginning in early 2025 to consider annexing some of the group's land into each city. Tuesday's vote by the Suisun City city council now means California Forever will front the cost of all of research needed for the annexation proposal, including environmental impact reports and paying consultants chosen by the city. California Forever will pay the city an initial $400,000. If the proposed annexation is eventually adopted by the city council and then approved by the county's LAFCO authority, California Forever will pay Suisun City $10 million. Currently, the city is facing a projected more than $1 million budget deficit for the 2025-2026 fiscal year. City manager Bret Prebula spoke in support of the annexation project vote, calling it the city's path forward that now allows them to engage in talks with California Forever that could secure a 'prosperous' future for the city. "What it does is open the door for Suisun City to shape the conversation and ensure we are not left behind," said Prebula at Tuesday's meeting. More than one hundred community members signed up to give public comment Tuesday night, which meant conversation on this topic went on for more than four hours. There was standing room only as Solano County residents both for and against the vote packed the chambers. Several people in support of the annexation project said it stands to provide decades of work for skilled laborers in the county. "What's the problem? I don't get it. It should be an easy 'yes' vote to take the time and do the research. As far as I'm concerned, the project should go forward as well," said Alicia Mijares, representing local sheet metal workers and their union. Those in opposition made it clear they do not trust California Forever and they do not want the city's future tied to their initiative. "When it was happening last summer to go on the ballot, nobody wanted it. They took it off the ballot. Now with this, we don't even have that right anymore. For it to have our vote, our count. It's disgraceful," resident Jan Bartz told CBS News Sacramento before the meeting. Several called what they heard in Tuesday night's public hearing and presentation 'empty promises.' "You may think you are being transparent, but many people I speak to in Suisun City do not agree. Brief public comments are no substitute for genuinely transparent and publicly participatory processes," said one community member from the podium in public comment opposing the vote. Councilmember Princess Washington was the sole "no" vote on the reimbursement agreement with California Forever. Washington expressed hesitancy in her comments by saying that she doesn't feel five people, the council, should 'dictate the fate of the entire county.' She added that proposals of this nature should be up to voters. Mayor Alma Hernandez and the other members of the council commented that this is step one in a long process that will provide the city answers, not result in an outright decision, on annexation. CBS13 asked California Forever for a response to Tuesday night's meeting. "We look forward to working with Suisun City and Rio Vista to bring new industries, amazing neighborhoods, and new sources of tax revenue to the region," a spokesperson responded in a statement. Suisun City is also considering a recent offer by California Forever's CEO Jan Sramek to purchase $1.5 million in downtown city property to help the city offset its budget shortfall. The item is expected to return to the council for a vote in late fall 2025.
CBS News
36 minutes ago
- CBS News
Mega Millions jackpot reaches $264M for Friday the 13th, a historically lucky day for Michigan players
If history is any indication, Friday the 13th could be a lucky day for a Michigan resident to take a chance at winning the Mega Millions jackpot. Friday's Mega Millions jackpot stands at $264 million, with a cash option of $117.3 million. While the superstitious consider Friday the 13th a cursed day, through the years, four Michiganders won the Mega Millions jackpot on the "unlucky" day. The four jackpots totaled $171 million in winnings. A Kent County man became the first in Michigan to win a Mega Millions jackpot on Friday the 13th, when he won $57 million on June 13, 2008. A Kalamazoo man followed up nearly three years later when he won $27 million on May 13, 2011. A Port Huron woman took home $66 million on June 13, 2024, and a Waterford man collected a $21 million payday on Oct. 13, 2017. The Mega Millions jackpot was most recently won in Michigan in January 2021, when an Oakland County lottery club took home a $1.05 billion jackpot. It's still the largest jackpot ever won in Michigan. Residents in 45 states, Washington, D.C., and the U.S. Virgin Islands can play Mega Millions. Each Mega Millions ticket costs $5 and includes a built-in multiplier that multiplies non-jackpot prizes up to 10 times to a maximum of $10 million, according to the Michigan Lottery. Tickets can be purchased at lottery retailers and until 10:45 p.m. The drawing is at 11 p.m.
Android Authority
37 minutes ago
- Android Authority
Power station deal: The GRECELL T300 is just $121.49 right now!
Edgar Cervantes / Android Authority I got to test the GRECELL T300 Portable Power Station, and I must say it is one of my favorite options in terms of portability. It's still pretty portable and easy to carry, but it offers much more power than your typical power banks. It's also cheaper, especially today. You can take the GRECELL T300 home for just $121.49. Buy the GRECELL T300 Portable Power Station for just $121.49 ($48.50 off) This offer is available from Amazon. You must keep in mind that max savings can only be had by using two on-page coupons. First, apply the $40 discount, then click Redeem on the extra 5% coupon. This is the most portable power station we have tested, making it an excellent option for those who want a battery they can truly take around on their adventures. It weighs only 8.25 pounds, and measures in at 9.6 x 6.7 x 6.9 inches. It comes with a 230.8Wh battery capacity. To put this into perspective, that's enough to charge a phone about 25 times, or a laptop about 6 times. It can do much more than that, though. It has a max stable output of 330W, with support for 600W surges. This means it can also run more power-hungry things like a mini fridge, or even some TVs. Edgar Cervantes / Android Authority It comes with plenty of ports, including an AC outlet, two USB-C ports, two USB-A connections, and a car socket. The AC outlet is the only one that can reach the maximum 330W. One USB-C port can handle 60W, the other 18W, and both USB-A ports max out at 18W. Extra features include the addition of a very handy flashlight. And if you need to go off-grid for a bit, it supports an optional 40W solar panel. If you're looking for a portable battery that can do more than simple battery packs, and is at a good price, this is your best bet! I mean, considering today's discount, this price isn't much higher than many less capable power banks!
