Latest news with #Grasshopper
TechCrunch
28-05-2025
- Business
- TechCrunch
Karat Financial is bringing business banking to creators
Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat's banking product is a natural extension of its credit card offering with Visa. 'Six years in, the problem we're solving is still the same,' co-founder and co-CEO Eric Wei told TechCrunch. 'Creators are real businesses, and banks don't understand them.' Despite their prominent position in culture, creators still encounter hiccups when doing simple things like applying for a business credit card or opening up a bank account, even when their businesses are booming. In some cases, Wei has seen creators who make millions of dollars a year get declined when making $100 purchases at department stores. In more ambitious cases, Wei saw William Osman, a creator with over 3 million YouTube subscribers, fail to get the six figures in credit he needed to put on the Open Sauce convention. Karat stepped in, gave Osman the credit, and soon got paid back. 'This was a no-brainer, but a normal institution just does not understand the nature of their business,' Wei said. To date, Karat has extended $1.5 billion in credit, with the average credit limit per creator at $25,000. But creators needed more financial services beyond the Karat Visa. Techcrunch event Join us at TechCrunch Sessions: AI Secure your spot for our leading AI industry event with speakers from OpenAI, Anthropic, and Cohere. For a limited time, tickets are just $292 for an entire day of expert talks, workshops, and potent networking. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW 'As this business-oriented side of the entire creator industry grows, we're no longer just working with YouTubers who are like, 'Oh my God, what are taxes?'' Wei said. 'We're also working with entrepreneurs who are like, 'Why is this so hard for me to get proper treatment from a bank?'' Image Credits:Karat Financial For business banking, Karat offers two tiers — one is a free, FDIC-insured business checking account with automated tax planning (most creators are independent contractors, so they have to prepare more intentionally for their tax payments than if they had a more traditional full-time job). The premium offering costs $20 per month or requires a $35,000 minimum balance, but provides 2-3% APY on checking accounts, free wires, and enhanced customer support, with AI bookkeeping coming soon. 'We know creators actually keep a lot of money in their checking account because the industry is so unstable, so we pay meaningful APY on checking, which most banks actually don't do,' Wei said. 'We have to balance that with knowledge on the banking side of working with a banking partner and helping them understand, 'Oh, these are really valuable creators and customers to bring on.'' In the future, Karat hopes to continue this trajectory of offering more and more business services for creators that traditional institutions are reluctant to provide. A possible avenue could be offering various types of insurance to creators, including healthcare for their companies. 'We're basically trying to reconstruct the financial safety net for people who make money themselves,' said Wei.
Yahoo
28-05-2025
- Business
- Yahoo
Glenstar Completes Successful Initial Drill Program on Flagship Nickel-Copper-Cobalt Green Monster Property
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) ("Glenstar" or the "Company") announces that the initial drill program to ever be conducted on the Company's Green Monster property in southern Nevada has successfully completed, under budget and in less time than planned or anticipated. All samples were prepared for shipment and are being transported to ALS in Vancouver, B.C. to be assayed. Midnight Sun Drilling Inc. ("MSD") utilized it's track mounted Grasshopper reverse circulation drill rig to test four (4) targets within a 100 square metre area that previous sampling work identified as containing significant Ni-Cu (Nickel-Copper) along with highly anomalous Co-Zn (Cobalt-Zinc), and one (1) target outside of the main target area to test an outcrop that sits on the top of a magnetic high. In drill testing the magnetic high target in hole GMST-4, an oxide and sulfide mineralized sequence of rocks in the hanging wall of the Green Monster fault zone was discovered. The magnetic high was previously identified during Glenstar's exploration of the property in 2023, and the notable intersection occurs from 150 feet to 300 feet down-hole. This was a blind discovery that was revealed after encountering 100 feet of gravel cover. All holes drilled intersected dolomite veining within the main Green Monster fault target zone, and the highlight of these intersections occurred in hole GMST-5 where 35 feet of dolomite veining with local fine-grained sulfide mineralization was logged from 180 to 215 below surface. This intersection is also noteworthy in that the dolomite veining has invaded the black limestone hanging wall of the fault. According to Glenstar's project geologist Robert Marvin, "We are very pleased with the geologic results and operational excellence of this first round drill program at the Green Monster project. The dry reverse circulation drilling performed by the Grasshopper drill rig went extremely well and produced very high-quality samples for assay in a short amount of time. The dry drilling eliminated the need for drill water sumps and the need for a large footprint water truck. The cost savings are significant in both drill site construction and back-end reclamation of the sites, and we are particularly happy with the efficiency and effectiveness of the equipment and the professionalism of the Midnight Sun Drilling team." Glenstar's Green Monster Property ties into the larger district scale Green Monster Fault Zone, which is approximately thirty (30) kilometres in length and well known for containing a preponderance of copper but has also shown a number of areas that are anomalous for nickel, cobalt and zinc. Results from previous field work indicated that the Green Monster Property is one of those significant prospective areas and assay results from the initial drill program will hopefully support the preliminary findings. Project Background & Recent Exploration Work The Green Monster Property is comprised of 35 federal lode claims covering ~700 acres located in Clark County, Nevada, on the west trending spur of the Spring Mountains and is approximately 40 miles southwest of Las Vegas. Until the recent drill program in May of 2025, no drilling was ever conducted on the property, but the Company's previous identification of robust nickel-copper with anomalous cobalt from sampling work done in 2022 indicated that several targets were ideal for shallow RC drilling. Glenstar acquired the Green Monster Property and conducted initial groundwork in 2022 that included reconnaissance geologic mapping, surface rock sampling, soil sampling, and a drone magnetic survey. Channel sampling across the exposed back of a raise off the main shaft returned 1.18 meters of 3.77% Cu (Copper), 3.06% Ni (Nickel), 0.21% Co (Cobalt) and 6.83% Zn (Zinc). These values are well in excess of select dump samples from historical underground workings and represent in-place, vein style mineralization. Sampling of oxide and sulfide bearing boulders directly downhill of the patented workings has confirmed the presence of very high zinc (>10%) and silver (>200ppm), as well as copper, uranium, and lead. (Sampling results provided above were previously published in the Green Monster Project NI 43-101 Technical Report dated June 20, 2023, Section 7.5). About Glenstar Minerals Inc. Glenstar is a mineral exploration company with a focus on polymetallic minerals. These elements are classified as critical minerals and are essential in the manufacturing of sophisticated electronics and other vital energy technologies. The Company's mission is to leverage its knowledge and connections to explore, acquire, and develop critical mineral and energy metal properties throughout the world. Glenstar's shares trade on the Canadian Securities Exchange (CSE) under the symbol "GSTR", on the Frankfurt Stock Exchange under the symbol "VO2", and on the Over-the-Counter market (OTCQB) in the United States under the symbol "GSTRF". Robert Marvin, (ONT) is the Qualified Person as defined by National Instrument 43-101 who has examined the property and directed all exploration activities on the property since initial staking in January 2022. Mr. Marvin provides professional geological services to the Company as an independent contractor. ON BEHALF OF THE BOARD David RyanPresident & CEO Further information regarding the Company can be found on SEDAR at by visiting the Company's website or by contacting the Company directly at 604-449-2810. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations. We seek safe harbour. 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New Straits Times
20-05-2025
- Entertainment
- New Straits Times
#SHOWBIZ: Chow Yun Fat marks 70 with workout session alongside celeb pals
HONG KONG: Hong Kong movie star Chow Yun Fat maintained his active lifestyle as he celebrated his 70th birthday on May 18. His friend, Hong Kong actor Michael Miu, commemorated the occasion by posting two photos on Instagram: one of them on a hilltop and another featuring Miu's wife, actress Jaime Chik, alongside them. "He is my role model in whatever he does," Miu, 66, wrote in Chinese. "Happy 70th birthday to my most respected brother. Live a carefree and happy life." Joining their exercise routine was Hong Kong singer Calvin Choy, 60, from the Cantopop trio Grasshopper, along with his wife and daughter. Choy shared a video of their outing with Chow, writing in English: "Happy 70th birthday to my super idol." A passionate jogging and hiking enthusiast, Chow frequently appears on the social media accounts of his celebrity friends, including actress Carina Lau, actor Felix Wong, and singer Alan Tam, with whom he often works out. Chow is also an avid runner. His most recent public run was the Standard Chartered Hong Kong Marathon in February, where he completed the 21km half-marathon in 2 hours, 24 minutes, and 33 seconds. He also celebrated his 69th birthday in 2024 by jogging 6.9km with Miu, Wong, and celebrity couple Edwin Siu and Priscilla Wong. After a day of exercise on May 18, Chow celebrated his birthday evening with his Singapore-born wife, Jasmine Tan, and their relatives and friends.
The Star
19-05-2025
- Entertainment
- The Star
Actor Chow Yun Fat spends 70th birthday exercising with celebrity pals
Chow Yun Fat (left) and his celebrity pal, Hong Kong actor Michael Miu, on a hilltop. Photo: Michael Miu/Instagram Hong Kong movie star Chow Yun Fat continued his healthy lifestyle as he turned 70 on May 18. His celebrity pal, Hong Kong actor Michael Miu, posted on Instagram on Chow's birthday a photo of them on a hilltop and another photo of them with Miu's wife, actress Jaime Chik. 'He is my role model in whatever he does,' Miu, 66, wrote in Chinese. 'Happy 70th birthday to my most respected brother. Live a carefree and happy life.' Another celebrity who joined them in their exercise routine was Hong Kong singer Calvin Choy from Cantopop trio Grasshopper, and his wife and daughter. Choy, 60, posted a video of them with Chow, writing in English: 'Happy 70 birthday to my super idol.' A jogging and hiking enthusiast, Chow has often appeared on the social media accounts of his famous friends, such as actress Carina Lau, actor Felix Wong and singer Alan Tam, whom he works out with. Chow is also an avid runner. His latest endeavour was the Standard Chartered Hong Kong Marathon in February, in which he clocked a timing of 2hr 24min 33sec for the 21km half-marathon. He also celebrated his 69th birthday in 2024 by jogging 6.9km with Miu, Wong and celebrity couple Edwin Siu and Priscilla Wong. After sweating it out in the day on May 18, Chow celebrated his birthday with his Singapore-born wife Jasmine Tan and their relatives and friends in the evening. According to an exclusive report by Hong Kong newspaper Wen Wei Po, Chow cut his birthday cakes in their presence and shared a longevity peach with his pet dog. – The Straits Times/Asia News Network
Straits Times
19-05-2025
- Entertainment
- Straits Times
Actor Chow Yun Fat spends 70th birthday exercising with celebrity pals
Chow Yun Fat (left) and his celebrity pal, Hong Kong actor Michael Miu, on a hilltop. PHOTO: MICHAELKIUWAIMIU/INSTAGRAM Hong Kong movie star Chow Yun Fat continued his healthy lifestyle as he turned 70 on May 18. His celebrity pal, Hong Kong actor Michael Miu, shared on Instagram on Chow's birthday a photo of them on a hilltop and another photo of them with Miu's wife, actress Jaime Chik. 'He is my role model in whatever he does,' Miu, 66, wrote in Chinese. 'Happy 70th birthday to my most respected brother. Live a carefree and happy life.' Another celebrity who joined them in their exercise routine was Hong Kong singer Calvin Choy from Cantopop trio Grasshopper, and his wife and daughter. Choy, 60, shared a video of them with Chow, writing in English: 'Happy 70 birthday to my super idol.' A jogging and hiking enthusiast, Chow has often appeared on the social media accounts of his famous friends, such as actress Carina Lau, actor Felix Wong and singer Alan Tam, whom he works out with. Chow is also an avid runner. His latest endeavour was the Standard Chartered Hong Kong Marathon in February, in which he clocked a timing of 2hr 24min 33sec for the 21km half-marathon. He also celebrated his 69th birthday in 2024 by jogging 6.9km with Miu, Wong and celebrity couple Edwin Siu and Priscilla Wong. After sweating it out in the day on May 18, Chow celebrated his birthday with his Singapore-born wife Jasmine Tan, their relatives and friends, in the evening. According to an exclusive report by Hong Kong newspaper Wen Wei Po, Chow cut his birthday cakes in their presence and shared a longevity peach with his pet dog. Join ST's Telegram channel and get the latest breaking news delivered to you.
