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Gucci stores in U.S. to accept crypto payments

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Forget cash, now you can pay for your Gucci slides and bags using bitcoin

Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in the US.

Customers will be able to pay using crypto including Bitcoin, Ethereum and Litecoin.

The popular brand says it will also take payments in Shiba and Dogecoin too.

Customers paying in stores with cryptocurrencies will be sent an email with a QR code to use with a digital asset wallet.

Flagship stores will trial the new payment method but a nation wide roll-out is expected soon.

So later this month, head to Rodeo Drive in Los Angeles and New York’s Wooster Street if you wish to pay with virtual currencies.

Gucci joins Microsoft and coffee chain Starbucks in allowing customers to use crypto in all transactions, alongside the US dollar.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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