PayPal launches iPhone NFC payments in Germany after EU forced Apple to open up
German iPhone users are starting to report that they're now able to use PayPal's tap-to-pay feature at in-store payment terminals, according to German tech site iPhone Ticker. The new capability, which PayPal announced earlier this month, is a result of the EU forcing Apple to open iPhone NFC chips up for third-party contactless payments under the Digital Markets Act.
PayPal's contactless wallet works with terminals that support Mastercard payments and is iPhone-only for now, so it won't work on an Apple Watch, iPhone Ticker reports (via a machine translation). In December, a Norwegian payment app called Vipps became the first to take advantage of Apple's changing ecosystem, nearly a year after Apple first announced it was opening up its NFC hardware to third-party wallet apps for EU users last year.
Apple hasn't only opened iPhone tap-to-pay to the EU. It announced in August that it would let developers offer in-app NFC-based payments in the US and other regions, too. The company also allows businesses to use iPhone NFC readers to accept contactless payments in third-party apps, which is a capability PayPal started offering in Venmo and PayPal Zettle in March last year.
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Business Upturn
6 minutes ago
- Business Upturn
LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2025
By GlobeNewswire Published on June 21, 2025, 02:30 IST LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO APRIL 30, 2025 Vancouver, June 20, 2025 – Leading Edge Materials Corp. ('Leading Edge Materials' or the 'Company') (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces results for the fiscal period ending April 30, 2025. All references to dollar amounts in this release are in Canadian dollars. Highlights During and After the Quarter During the three months ended April 30, 2025: • On February 9, 2025, the Company provided an update on a Rapid Development Plan ('RDP') for Norra Kärr, to be in production in the shortest possible timeframe, supplying HREE-rich eudialyte concentrate and industrial mineral nepheline syenite. • The Company provided an update on the value creation options being considered for Woxna Graphite, on February 16, 2025, including a possible restart of operations, the production of high-quality flake graphite concentrate. • On March 23, 2025, the Company provided a progress update on Norra Kärr, in the context of the European Commission's ('EC') Joint White Paper for European Readiness 2030, highlighting the increasing geopolitical competition over critical raw materials ('CRMs') and the need for the EU and its member states to build strategic reserves of raw materials. • On March 25, 2025, the EU announced its first list of Strategic Projects under the Critical Raw Materials Act ('CRMA'); Norra Kärr was not included. The Company stated its plan to reapply in the next round of applications. • On April 23, 2025, the Company announced granting of stock options (the 'Options') to directors, officers and consultants of the Company to purchase an aggregate of 6,850,000 common shares (the 'Optioned Shares') of the Company, at exercise price of C$0.24 per Optioned Share, expiring on the date that is 5 years from the date of grant for directors and officers and three years from the date of grant for consultants. The Options will vest 33% on the date of the grant, 33% one year after the date of grant and 34% two years after the date of grant. The Options were issued pursuant to the terms of the Company's Option Plan. Results of Operations Three Months Ended April 30, 2025, Compared to Three Months Ended January 31, 2025 During the three months ended April 30, 2025 ('Q2 2025') the Company reported a net loss of $1,179,168 compared to a reported net loss of $669,216 for the three months ended January 31, 2025 ('Q1 2025'), an increase in loss by $509,952, the increase in loss mainly due to share based compensation expenses of $585,529 (Q1 2025 – $129,292) and foreign exchange loss of $117,063 (Q1 2025 – gain $1,690). Three Months Ended April 30, 2025, Compared to Three Months Ended April 30, 2024 During the three months ended April 30, 2025 ('2025 period'), the Company reported a net loss of $1,179,168 compared to a net loss of $859,529 for the three months ended April 30, 2024 ('2024 period'), an increase in loss of $319,639, the increase in loss mainly due to share based compensation expenses of $585,529 (Q2 2024 – $349,923) and foreign exchange loss of $117,063 (Q2 2024 – $5,754). Selected Financial Data The following selected financial information is derived from the unaudited condensed consolidated interim financial statements of the Company prepared in accordance with IFRS. Fiscal 2025 Fiscal 2024 Fiscal 2023 Three Months Ended April 30,2025 $ January 31,2025 $ October 31,2024 $ July 31,2024 $ April 30,2024 $ January 31,2024 $ October 31,2023(Restated) $ July 31,2023(Restated) $ Operations Expenses (1,070,402) (696,037) (97,209) (797,070) (863,745) (660,617) (457,890) (309,832) Other items (108,766) 26,821 (222,820) (25,168) 4,216 (25,311) 195,209 (8,442) Comprehensive profit/(loss) (1,179,168) (669,216) (320,029) (822,238) (859,529) (685,928) (262,681) (318,274) Basic Profit/(loss) per share (0.01) (0.00) (0.00) (0.00) (0.01) (0.00) (0.00) (0.00) Diluted profit/(loss) per share (0.01) (0.00) (0.00) (0.00) (0.01) (0.00) (0.00) (0.00) Financial Position Working capital 1,191,514 2,198,641 3,337,686 3,973,458 1,610,635 2,316,098 2,713,098 848,952 Total assets 28,361,774 28,480,311 29,343,716 28,454,783 24,991,481 26,003,943 25,512,111 23,588,662 Total non-current liabilities (6,009,933) (5,596,369) (5,641,854) (5,683,545) (5,101,289) (5,489,843) (4,670,790) (5,109,575) Financial Condition / Capital Resources During the three months ended April 30, 2025, the Company recorded a net loss of $1,179,168 and, as of April 30, 2025, the Company had an accumulated deficit of $51,201,042 and working capital of $1,191,514. The Company maintains its Woxna Graphite mine in a 'production-ready' basis while minimizing costs. The Company is also evaluating a potential restart of flake graphite concentrate production. The Company anticipates that it has sufficient funding to meet anticipated levels of corporate administration and overheads for the ensuing twelve months however, it will need additional capital to provide working capital and recommence operations at the Woxna Graphite, to fund future development of the Norra Kärr project or to complete exploration activities in Romania. There is no assurance such additional capital will be available to the Company on acceptable terms or at all. In the longer term the recoverability of the carrying value of the Company's long-lived assets is dependent upon the Company's ability to preserve its interest in the underlying mineral property interests, the discovery of economically recoverable reserves, the achievement of profitable operations and the ability of the Company to obtain financing to support its ongoing exploration programs and mining operations. Outlook Concerns about critical raw materials – security of supply, supply chain resilience and defence requirements – have been recurring themes at conferences attended by the Company in recent months, with HREEs and natural graphite frequently mentioned; geopolitical uncertainties continue, with more talk about the weaponization of global trade in rare earth elements. On June 17, 2025, the G7 Critical Minerals Action Plan was announced focused on 'diversifying the responsible production and supply of critical minerals, encouraging investments in critical mineral projects and local value creation, and promoting innovation' in the G7, and with partners beyond, working together and 'to swiftly protect our economic and national security''. Against this backdrop and calls for more action to match the intent of the CRMA, the Company's portfolio is well positioned. Woxna Graphite Mine The Company maintains the Woxna Graphite Mine in a production-ready state while minimizing holding costs. An internal study completed in early 2022 assessed the potential for restarting operations and upgrading the processing plant to produce high-quality flake graphite concentrate. Work is now underway to update this study, forming the basis of a business plan to support possible project financing, customer prepayments, and access to Swedish or EU public funding, and, in addition. Highlighting Sweden's role in CRMs and graphite's importance, Sweden's Energy, Business and Industry Minister Ebba Busch recently stated that 'Sweden has unique opportunities to be and remain a strong player in global mineral politics. We have the most sustainable mining industry in the world – ethically sustainable, environmentally sustainable, and with good working conditions. The graphite that [Talga Group] is planning to produce is a key material in battery manufacturing and the green transition to a fossil-fuel-free society.' Norra Kärr Heavy Rare Earth Element ('HREE') Project As part of its Pre-feasibility ('PFS') workstreams, the Company is developing a Rapid Development Plan ('RDP') for Norra Kärr to enable the earliest possible production of HREE-rich eudialyte concentrate and industrial mineral nepheline syenite. A phased, small-scale start is under consideration to allow early access to the deposit, initial sales of nepheline syenite, early cash flow, and stockpiling of eudialyte concentrate for future processing. This approach is designed to reduce both risk and environmental impacts. Testwork has now been completed on nepheline syenite and aegirine to determine their mineralogy, chemical composition, and leachate chemistry. The promising results are being used to determine possible market segments and specifications that can be achieved, potential demand and pricing, to be included in an updated PFS economic model for Norra Kärr. The Company envisages the PFS will be completed in Q1 2026. On 24 March 2025, the EU announced its first list of Strategic Projects under the Critical Raw Materials Act (CRMA); Norra Kärr was not included. The Company plans to reapply in the next round of applications having continued to make significant progress since the last application was submitted in August 2024. In recent months, the Company's application for a new Exploitation Concession ('Bearbetningskoncession') 25-year mining lease has been out for consultation with County Administrative Boards ('CAB') and municipalities. The Company understands that CAB opinions have been received by the Mining Inspectorate ('Bergsstaten'). The Company will have an opportunity to respond to opinions and comments. Bihor Sud Nickel-Cobalt Exploration Project Exploration activities at the Bihor Sud project have continued, supported by the hard work of the four new geologists who joined the team in January. Works have included underground mapping, diamond drilling, geophysics, core logging, and sampling. The Company's goal remains to define a large-scale, mineable mineral resource; in gallery G2, targeting promising Zinc-Lead-Copper-Silver mineralization. Results to date are encouraging and underscore the project's strong potential for a significant polymetallic discovery. Financial Information The report for three months ending July 31, 2025, is expected to be published on or about September 19, 2025. On behalf of the Board of Directors, Leading Edge Materials Corp. Kurt Budge, CEO For further information, please contact the Company at: [email protected] Follow usTwitter: Linkedin: About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors, wind turbines and defense applications. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Kärr Heavy Rare Earth Elements project (Sweden), and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information The information was submitted for publication through the agency of the contact person set out above, on June 20, 2025, at 2:30 PM Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol 'LEM', OTCQB under the symbol 'LEMIF' and Nasdaq First North Stockholm under the symbol 'LEMSE'. Svensk Kapitalmarknadsgranskning ('SKMG') is the Company's Certified Adviser for the Nasdaq First North Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913 008. Reader Advisory This news release may contain statements which constitute 'forward-looking information', including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, changes in the Company's intended use of proceeds from the Private Placement, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Attachments LEM – News Release Financial Results – April 30, 2025 Financial Report Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
2 hours ago
- Yahoo
Grant Cardone Says You Don't Have To Be The Boss To Get Rich: 'You Gotta Find Somebody That Is Successful And Still Wants To Be Successful'
Do you have to start your own business to be successful? Although some business owners become very successful, others end up shutting their doors after a few years. That's why Grant Cardone proposed another way to become rich. "You gotta find somebody that is successful and still wants to be successful," he said. Here's how you can use this advice to build long-term wealth. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Cardone mentioned that you don't need 50 investments to become a billionaire. He said that Steve Jobs only had two investments. Pixar and NeXT were his two major investments before leaving Apple, and once he rejoined Apple (NASDAQ:AAPL), that's where he got most of his wealth. While diversifying your portfolio has benefits, there is the risk of over-diversification. Spreading your time and capital across too many investments can cause you to miss opportunities. Furthermore, you may spread your time too thin and end up with a bunch of slow-growing or declining income streams. Picking a few good investments instead of having 50 investments can accelerate wealth building if you pick the right investments. It's not a strategy for everyone, but if you know the person behind the company and the growth opportunities, it may be worth considering. Trending: Maximize saving for your retirement and cut down on taxes: . The leader plays a decisive role in the company's ability to tap into catalysts and provide long-term returns for patient investors. If you want to see what type of an impact a leader can have on a corporation's valuation, look no further than Tesla (NASDAQ:TSLA). People have been saying that it's overvalued for years. If Elon Musk wasn't leading Tesla, the stock would probably be a lot cheaper. Recently, Tesla stock jumped higher the moment Musk said he would move away from the White House's Department of Government Efficiency to focus fully on Tesla. These trends demonstrate how much value Tesla investors put into Musk's involvement with the company. Cardone suggested looking for leaders who still want to grow. He also recommended avoiding leaders who are complacent or are on the downswing of their mentioned having a friend who would have made him billions if Cardone dropped everything to work with him at an early stage of his startup. You don't have to drop everything and put all of your hopes into a single startup, but it demonstrates how much you can grow if you work with the right person when they are getting started with a new venture. Cardone then mentioned that Warren Buffett didn't start any businesses despite being worth billions. Berkshire Hathaway (NYSE:BRK, NYSE:BRK) has relied on strategic acquisitions and investments to generate compounding returns for patient investors. Buffett started one business – Buffett Partnership Ltd. – in 1956. However, he only put $100 of his money into it and received $105,000 from investors. Right from the beginning, Buffett used strategic leverage and acquisition to grow his empire. You don't always have to start a business and be the boss if you're surrounded by the right people and opportunities. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Grant Cardone Says You Don't Have To Be The Boss To Get Rich: 'You Gotta Find Somebody That Is Successful And Still Wants To Be Successful' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Fox Sports
3 hours ago
- Fox Sports
10 most expensive transfers in soccer history: Where does Florian Wirtz rank?
Liverpool made a splash on Friday when they signed German midfielder Florian Wirtz in a deal that could become the biggest ever in English Premier League history. Liverpool could pay up to $156 million once add-ons are achieved to German side Bayer Leverkusen, which would break the Premier League mark set by Chelsea signing Endo Fernandez from Benfica for $130.5 million. Wirtz played at Leverkusen for five seasons and helped the club win its first ever Bundesliga League title in 2023. Now, he'll join the defending champions of the EPL, as well as the list of the highest-paid soccer players in the world. What players have commanded deals similar to the record-breaking one Wirtz just received? Here's a look at the top 10 most expensive transfers in soccer history and how they played out: 10. Jack Grealish: $126.8 million Jack Grealish's $126.8 million transfer from Aston Villa to Manchester City looks much better now than it did at the start. After struggling mightily in his first season with the Sky Blues, Grealish was a key contributor during City's treble-winning 2022-23 campaign, tallying five goals and 11 assists in all competitions, up from six goals and four assists last season. Grealish's transfer fee is the most for an English player ever. 9. Antoine Griezmann: $129 million Barcelona activated Antoine Griezmann's $129 million buyout clause from Atletico Madrid in 2019. However, Griezmman's time in Barcelona didn't last long, as he returned to Atléti on loan in 2021 after two unsuccessful seasons at the Camp Nou. Atléti made the transfer permanent in 2022 by paying $21 million for Griezmann, $108 million less than what Barcelona paid for him two years prior. Griezmann contributed 35 goals and 17 assists in 102 appearances for Barcelona. 8. Enzo Fernandez: $130.5 million Coming off of winning the FIFA Young Player Award at the 2022 FIFA World Cup in Qatar, Enzo Fernandez secured a $130.5 million transfer from Benfica to Chelsea in January. While the 22-year-old wasn't able to turn Chelsea's season around, he was one of the few bright spots for the Blues during a season in which they finished 12th in the English Premier League. 7. Joao Felix: $137 million Joao Felix's $137 million move from Benfica to Atlético Madrid was historic for both clubs, as it was Benfica's biggest sale in club history and Atlético's biggest-ever transfer. Unfortunately, Felix hasn't made much history in Madrid outside his price tag. While the 2019 Golden Boy-winner helped Atléti lift its first La Liga trophy in seven years in 2021, injuries and disagreements with the club's legendary manager Diego Simeone have prevented him from living up to his price tag. Felix spent the second half of the 2022-23 campaign on loan at Chelsea, and spent the 2024-25 season on loan with the Italian club AC Milan. 6. Ousmane Dembele: $145 million When Ousmane Dembele was healthy, the $145 million transfer fee Barcelona paid to acquire him from Borussia Dortmund in 2017 looked completely justified, but injuries made the deal difficult to evaluate. Because while he won three La Liga titles and three domestic cups in six years at Barcelona, he was sidelined for the high and lows the clubs has experienced in that time. His final season at Barcelona was arguably his most impactful, as he contributed five goals and seven assists en route to a La Liga title. Dembele ultimately transferred to Paris Saint Germain in 2023, and has since had a resurgence, helping the team to two league titles and winning the UEFA Champions League trophy in 2025. 5. Philippe Coutinho: $145 million The fifth-most expensive transfer in soccer history is also one of the worst. Pegged as the perfect replacement for club legend Andres Iniesta, Philippe Coutinho transferred to Barcelona from Liverpool for a fee of $145 million in 2018. What followed was the nightmare scenario for Barcelona. Coutinho, Barcelona's most expensive player of all time, played only one full season for the club before he was loaned out to FC Bayern before the start of his third season. Coutinho returned to Barcelona for the 2020-21 season, but a season-ending knee injury limited him to just 14 appearances in all competitions. In January 2022, Coutinho transferred to Premier League club Aston Villa for $26 million. Coutinho ended his Barcelona career with 25 goals and 14 assists in 106 appearances with Barcelona. With Liverpool, he had 54 goals and 45 assists in 201 appearances. 4. Moises Caicedo: $146 million The Ecuador midfielder's move was previously the most expensive deal by a British club, with Chelsea buying him from Brighton in August 2023, before Liverpool purchased Florian Wirtz. Caicedo appeared in 38 matches for Chelsea this past season, helping the team keep 11 clean sheets while finishing fourth in the English Premier League. 3. Florian Wirtz: $156 million (if add-ons achieved) Wirtz is one of the brightest young stars in world soccer. As a 20-year-old, he had 11 goals and 11 assists in 32 matches as he helped Bayer Leverkusen win its first Bundesliga league title. He followed that up with a 10-goal, 12-assist season as Leverkusen finished second in the Bundesliga and also made it to the Knockout Stage of the UEFA Champions League. Because of the lofty price tag, Wirtz will have loads of pressure on him when he arrives at Liverpool and slots in next to Alexis Mac Allister and Ryan Gravenberch in The Reds' midfield. 2. Kylian Mbappe: $194 million In hindsight, $194 million feels like a steal for a player of Kylian Mbappe's caliber. Though the 24-year-old did not win the Champions League with Paris Saint-Germain, he brought a record five consecutive Ligue 1 titles and eight domestic cups to the club since joining them from Monaco in 2017. He was also named Ligue 1 Player of the Year four times as a PSG player. In March of 2023, Mbappe passed Edinson Cavani's to become PSG's all-time leading goalscorer, and he did it in 54 fewer games. After seven seasons with PSG, Mbappe transferred to Real Madrid. 1. Neymar: $239 million It was always going to be difficult for Neymar to live up to the $239 million price tag that PSG paid Barcelona for his talents in 2017, but injuries made it even harder for him to justify it. He wasn't able to bring PSG its Champions League victory. Still, he had an outstanding career with the club, recording 118 goals and 77 assists in 173 appearances, and winning 13 trophies in six years. FOLLOW Follow your favorites to personalize your FOX Sports experience Kylian Mbappe Paris SG Ligue 1 recommended Get more from FIFA Men's World Cup Follow your favorites to get information about games, news and more
