Economy of California

Wells Fargo Announces Active Cash℠ Credit Card, Cash Back Card is First in New Multi-Card Suite

Retrieved on: 
Tuesday, June 8, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Finance, Money, Economy of California, Wells Fargo, Credit card, Visa Inc., Wells Fargo account fraud scandal, American Express, Wells Fargo, Visa, WELLS FARGO, Visa

View the full release here: https://www.businesswire.com/news/home/20210608005295/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210608005295/en/
    Wells Fargo Announces Active Cash Credit Card.
  • In addition to shaking up its consumer credit card offerings, Wells Fargo is also enhancing its position in the co-branded credit cards space.
  • Last fall, Hotels.com announced the launch of its first-ever credit card the Hotels.com Rewards Visa Credit Card, issued and serviced by Wells Fargo.
  • Wells Fargo Active CashSM card is issued by Wells Fargo Bank, N.A.

BusyKid Debuts New Feature to Give Kids Their First Jobs

Retrieved on: 
Monday, June 7, 2021
Software, Banking, Mobile, Wireless, Internet, Professional services, Family, Consumer, Technology, Teens, Parenting, Children, Finance, Payment cards, Debit cards, Chore chart, Domestic life, Shovel, Visa Inc., Money, Economy of California

BusyKid is tackling this problem with the introduction of BusyPay, a new feature of its leading chore chart and allowance app.

Key Points: 
  • BusyKid is tackling this problem with the introduction of BusyPay, a new feature of its leading chore chart and allowance app.
  • BusyPay, the latest enhancement for BusyKid, is an easy way for a grandparent, friend, or neighbor to add money to a childs BusyKid account.
  • Its perfect for birthdays, holidays or paying for other tasks that kids complete like babysitting, mowing the grass or shoveling snow.
  • BusyKid is only $19.99 a year and includes one BusyKid Prepaid Visa Spend Card and no purchase fees on stocks.

Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders

Retrieved on: 
Monday, June 7, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Wells Fargo, Economy of California, Banks, Companies, Fargo

Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD), (collectively, the Funds), announced a change of date of the previously announced Special Meeting of Shareholders (the Meeting) from July 15, 2021, to August 16, 2021.

Key Points: 
  • Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD), (collectively, the Funds), announced a change of date of the previously announced Special Meeting of Shareholders (the Meeting) from July 15, 2021, to August 16, 2021.
  • Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company.
  • These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC.
  • Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker-dealer and Member FINRA).

Autodesk Confirms Proposal to Acquire Electronic Design Software Leader Altium Limited

Retrieved on: 
Monday, June 7, 2021
Altium, La Jolla, San Diego, Autodesk, Economy of California, California, Companies

Altium is a global software company headquartered in San Diego, California and publicly traded on the Australian Securities Exchange.

Key Points: 
  • Altium is a global software company headquartered in San Diego, California and publicly traded on the Australian Securities Exchange.
  • The company develops software used by printed circuit board (PCB) designers and electrical engineers at organizations around the world to deliver connected, intelligent products.
  • The proposed combination would advance Autodesk's strategy to converge design and make through a unified design, engineering and manufacturing cloud platform that enables greater productivity and sustainability for its customers.
  • This press release contains "forward-looking statements" that involve risks and uncertainties regarding the proposed acquisition of Altium Limited and expected benefits of the proposed acquisition.

Stone Point Capital and Insight Partners Complete Acquisition of CoreLogic

Retrieved on: 
Friday, June 4, 2021
Technology, Construction & Property, Finance, Consulting, Banking, REIT, Professional services, Software, Data management, Residential Building & Real Estate, Companies, CoreLogic, Economy of California, Finance, Wells Fargo, Willkie, Financial adviser, Stone Point, CoreLogic, Stone Point Capital, Insight Partners, CORELOGIC, STONE POINT CAPITAL, INSIGHT PARTNERS

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced the completion of its acquisition by funds managed by Stone Point Capital and Insight Partners for $80 per share in cash.

Key Points: 
  • CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced the completion of its acquisition by funds managed by Stone Point Capital and Insight Partners for $80 per share in cash.
  • Chuck Davis, CEO of Stone Point Capital, said, Stone Point is thrilled to work with the CoreLogic leadership team to support the Companys next phase of growth.
  • J.P. Morgan Securities LLC and Wells Fargo Securities, LLC acted as financial advisors to Stone Point Capital and Insight Partners.
  • Kirkland & Ellis acted as legal advisor to Stone Point Capital and Willkie Farr and Gallagher acted as legal advisor to Insight Partners.

Social Media Increases Teenage Interest in Wall Street, Wells Fargo Survey Finds

Retrieved on: 
Wednesday, June 2, 2021
Social media, Finance, Teens, Parenting, Banking, Communications, Professional services, Consumer, Financial District, San Francisco, Wells Fargo, Economy of California, Companies, Service companies, Fargo

According to a recent Wells Fargo & Company survey of parents and teenagers, over half of teens (57%) say they learned about handling finances from their parents.

Key Points: 
  • According to a recent Wells Fargo & Company survey of parents and teenagers, over half of teens (57%) say they learned about handling finances from their parents.
  • Wells Fargo Wealth & Investment Management (WIM) is a division within Wells Fargo & Company.
  • Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

ViewSonic Reveals New ELITE Gaming Monitors with the latest NVIDIA Reflex Technology

Retrieved on: 
Tuesday, June 1, 2021
Economy of California, ViewSonic, California, Nvidia, Computer display standards, Technology, Computer monitor, Stage monitor system

BREA, Calif., June 1, 2021 /PRNewswire/ -- ViewSonic Corp. , a leading global provider of visual solutions, unveils ELITE professional gaming monitors armed with the latest NVIDIA Reflex and G-Sync technology.

Key Points: 
  • BREA, Calif., June 1, 2021 /PRNewswire/ -- ViewSonic Corp. , a leading global provider of visual solutions, unveils ELITE professional gaming monitors armed with the latest NVIDIA Reflex and G-Sync technology.
  • "ELITE monitors are designed by and for gamers, and we're proud to work with NVIDIA to create a range of professional esports monitors equipped with their latest NVIDIA Reflex technology," says Oscar Lin, Head of Monitor Business Unit at ViewSonic Corporation.
  • We look forward to continuing our work with NVIDIA to advance ELITE monitors with their latest technology."
  • Key Features of ViewSonic ELITE XG251G monitor:
    Key features of ViewSonic ELITE XG271QG monitor:
    ViewSonic ELITE XG251G and ELITEXG271QG monitors will be available worldwide in Q3, 2021.

ViewSonic Reveals New ELITE Gaming Monitors with the latest NVIDIA Reflex Technology

Retrieved on: 
Tuesday, June 1, 2021
Economy of California, ViewSonic, California, Nvidia, Computer display standards, Technology, Computer monitor, Stage monitor system

BREA, Calif., June 1, 2021 /PRNewswire/ -- ViewSonic Corp. , a leading global provider of visual solutions, unveils ELITE professional gaming monitors armed with the latest NVIDIA Reflex and G-Sync technology.

Key Points: 
  • BREA, Calif., June 1, 2021 /PRNewswire/ -- ViewSonic Corp. , a leading global provider of visual solutions, unveils ELITE professional gaming monitors armed with the latest NVIDIA Reflex and G-Sync technology.
  • "ELITE monitors are designed by and for gamers, and we're proud to work with NVIDIA to create a range of professional esports monitors equipped with their latest NVIDIA Reflex technology," says Oscar Lin, Head of Monitor Business Unit at ViewSonic Corporation.
  • We look forward to continuing our work with NVIDIA to advance ELITE monitors with their latest technology."
  • Key Features of ViewSonic ELITE XG251G monitor:
    Key features of ViewSonic ELITE XG271QG monitor:
    ViewSonic ELITE XG251G and ELITEXG271QG monitors will be available worldwide in Q3, 2021.

Kingston Technology Unleashes New High-Performance, Enthusiast & Gaming Brand: Kingston FURY

Retrieved on: 
Tuesday, June 1, 2021
Software, Mobile, Wireless, Entertainment, Hardware, Data management, Consumer electronics, Consumer, Technology, Semiconductor, Other Consumer, Engineering, Electronic Games, Manufacturing, Marvel Comics characters, Fountain Valley, California, Kingston Technology, Economy of California, Kingston, Jamaica, California, Kingston, Fury

Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced the name of its new high-performance, enthusiast and gaming brand: Kingston FURY.

Key Points: 
  • Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced the name of its new high-performance, enthusiast and gaming brand: Kingston FURY.
  • The companys leadership position in the DRAM industry demonstrates it has the passion, commitment and resources to make Kingston FURY the leading high-performance, enthusiast and gaming memory solution in the market.
  • Behind the scenes, it has always been Kingston: Kingston engineering, Kingston manufacturing, Kingston testing and world-renowned Kingston customer service.
  • Kingston FURY will consist of the following product categories:
    Kingston FURY Renegade: High-performance speeds and low latencies for insane performance.

Inxeption Announces $61.5 Million Investment from Global Technology Investor Coatue

Retrieved on: 
Thursday, May 27, 2021
Corporate finance, Companies, Economy of California, Anaplan, Performance management, Instacart, DoorDash, Cision, Tiger Management, Hedge funds, Coatue Management

BRISBANE, Calif., May 27, 2021 /PRNewswire-PRWeb/ -- Inxeption , the pioneer of I-commerce business services, today announced that global technology investor Coatue, with $40 billion in assets under management, has made a $61.5 million Series D investment in Inxeption.

Key Points: 
  • BRISBANE, Calif., May 27, 2021 /PRNewswire-PRWeb/ -- Inxeption , the pioneer of I-commerce business services, today announced that global technology investor Coatue, with $40 billion in assets under management, has made a $61.5 million Series D investment in Inxeption.
  • Coatue invests in both private and public companies and was an early investor in leading technology innovators including Spotify, Snowflake, Instacart, DoorDash, and Anaplan.
  • "Inxeption has graduated to a new and exciting stage," said Farzad Dibachi, CEO and Co-founder of Inxeption.
  • Coatue is one of the largest technology investment platforms in the world with more than $40 billion in assets under management.