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Clothing Reseller ThredUp Files For IPO

PYMNTS

The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Despite concerns in the market about the COVID-19 pandemic affecting purchases of used clothes, ThredUp says it's added customers this year, Bloomberg writes.

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Judge Lets XRP Lawsuit Proceed Against Ripple

PYMNTS

Ripple failed to persuade a judge in Oakland, California to dismiss the entire lawsuit, called Zakinov v. Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. Securities and Exchange Commission hadn’t taken a position on whether XRP is a security on Wednesday.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. As Federal Reserve Chair Janet Yellen said, it was small businesses that powered our recovery after the Great Recession.

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Leveraged and inverse ETFs – the exotic side of exchange-traded funds

BankUnderground

Julian Oakland Exchange-traded funds (ETFs) are supposed to be simple and straightforward, and for the most part they are, but one group punches well above its weight when it comes to market impact. These features give rebalancing flows the potential to amplify market moves when markets are at their most vulnerable.

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Can A Digital Platform Make The Grade With Teachers Trying To Buy Homes?

PYMNTS

Talk with old-timers from the Bay Area – or people approaching old-timey status – and there’s a good chance you’ll hear stories, lamentations and rants about how that metro area used to have a solid blue-collar feel, and how San Francisco, Oakland and the surrounding cities were pleasant and affordable for middle-class families.

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High-Frequency Trading: Is It The New Normal?

Banking 2020

Animation aside, that would probably be Moneyball , an absorbing analysis of the moves made by Oakland As manager Billy Beane to rely more on technology-driven data than old-school scouting to put together his 2002 roster. To be clear, it’s not as if the regulatory bodies have kept their hands completely off this market.

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50+ Startups Tackling Sports Stadium Technology

CB Insights

The Oakland As, for example, are looking to build out a new tech team to “revitalize systems and infrastructure that power the fan experience” at the ballpark. From blockchain for ticketing and security to AI for analyzing crowd emotions, these startups are developing technology to bring fans back in the stands.