An open letter to Groupon’s board: A 120‑day plan to unlock $GRPN ’s value.
We ask the team to modernize, partner on AI, rebuild the merchant engine, empower creators, revive group buying, and continue buyback pace.
Ship it, measure it, tell the market.
@ianbremmer@MarioNawfal This seems like the biggest foreign policy of Trump by a mile, and of any president in at least 20 years! What am I missing @ianbremmer
Those of you who don't know what authoritarianism looks like...this is it. All the gaslighting about previous presidents "what about...!!! Is bullshit. I've been talking about the slide towards NOW for 30+ years. Those earlier concerns were nothing. Now we are HERE.
Chaos erupts in Massachusetts neighborhood as ICE drags away mom—clinging to her baby.
The crowd asked ICE to show an ID or warrant for the arrest—agents replied, "We don’t have to show you anything."
Local police then arrested the teen daughter of woman ICE had just detained for being "hostile."
Ashley Spring, a Worcester resident and candidate for the Worcester School Committee, was also arrested by local police.
It was unclear what happened to the baby after the arrest—last seen on Eureka Street in Worcester, Massachusetts.
#DemVoice1 #wtpBLUE #DemsUnited
The @stripe product keynote just finished!
We announced a lot of new stuff. (We actually couldn't fit everything into the keynote.) Some highlights:
• We've built and deployed the first general-purpose Payments Foundation Model. Trained on tens of billions of transactions and already leading to very large fraud reductions.
• We announced Stablecoin Financial Accounts. Businesses in 101(!) more countries can now store stablecoin balances in Stripe and use our regular fiat money movement rails around the world. The magic of stablecoins comes when they're integrated with the rest of the financial ecosystem. I think it's the biggest international launch we'll ever do -- businesses from 151 countries can now use Stripe.
• Stripe Profiles: your public identity on the Stripe network. Stripe Profiles will let you streamline invoicing and payments with other businesses on Stripe. (We’ll soon launch reservations for Stripe Profiles.)
• Stripe Verified, a new service that will help you navigate global requirements for payment processing with personalized monitoring, enhanced protections, and expert assistance.
• We're adding multicurrency support to Stripe accounts: instead of converting all balances to a single currency, we're going to make it easy to store, convert, and operate across different currencies. We want to make it possible to use Stripe as your financial home.
• Stripe Orchestration: manage multiple payment processors directly within Stripe.
• Support for many new payment methods. You can now access more than 125 global payment methods on Stripe, including stablecoins and real-time payment schemes like Pix and UPI.
• We’ve upgraded the AI models built into Optimized Checkout Suite and now use more than 100 signals to personalize the checkout in real time. A/B tests indicate that Optimized Checkout Suite increases revenue by 11.9% on average.
• Managed Payments: merchant of record is coming to Stripe! Enter new markets while we take care of global taxes, fraud prevention, dispute management, fulfillment, and more.
• A new Connect dashboard, with vastly improved visibility into what's happening across your platform.
• Radar for Connect: it’s now way easier to detect and manage fraud and compliance issues with subaccounts.
• Networked onboarding for platforms: users no longer need to re-enter their details if they’ve onboarded before.
• Smart Disputes: AI automatically responds to disputes for you. Early results show that companies win 13% more chargebacks. We also put skin in the game: we cover the fee if you lose.
• Radar now supports ACH and SEPA. This reduces fraud rates by 20% and 42% respectively.
• A bunch of usage-based billing improvements. It can now ingest up to 100,000 events every second.
• Stripe Terminal can now be used with third-party hardware, starting with Verifone.
• Klarna is coming to Link.
• Authorization Boost. AI automatically updates cards and tokens, determines optimal transaction routing across networks, and determines if and how to retry failed payments (if we’re confident that the failure was ephemeral).
• Radar risk scores are now available via the API. (I.e. they can become a feature for in-house fraud systems.)
• Stripe Tax is now available in 102 countries (up from 57 last year), and we also now automate the entire tax lifecycle (monitoring, registration, collection, filing).
• New FX Quotes API.
• Payment method sharing: if you have multiple Stripe accounts, you can now share payment details across them, saving the need to have customers re-enter their details.
• Stripe Issuing now supports consumer card programs. (Long-requested!)
• Global Payouts: pay customers, contractors, and other third parties with just an email address.
• Stripe Workflows: build, test, and execute multistep flows that orchestrate behavior across Stripe multiple products—using your data, Stripe APIs, and conditional logic.
• Stripe Scripts: a new way to extend and customize the logic in Stripe Billing. This will soon expand to cover many parts of the Stripe platform.
• Benchmarking: compare your performance to similar businesses on Stripe.
• You can now import third-party data into Stripe Capital, which enables expanded eligibility for your customers.
• A new Issuing rules engine: granular configurability over authorization decisions.
• Global Issuing via stablecoins: a simple and cohesive way to administer global card programs. Ramp is using this to massively accelerate their global expansion.
• Data in Sigma is now far faster (6 hour latency, down from 24 hours). That'll continue to get faster in the coming months. Similar data freshness improvements across other products.
• You can now use Instant Payouts to withdraw funds from Stripe to debit cards in 32 countries.
• The Dashboard AI agent: create products, process refunds, and generate payment links by just telling our little critter what to do.
Whew! I’m not sure I even covered everything. A few of the above are years in the works and could have received launch events by themselves. I’m very proud of the team. So what are the common themes?
• We’re rethinking and upgrading pretty much every part of the stack with AI. (Embedding/foundation models, agents, etc.)
• Stablecoins are enabling unprecedented global access and expansion.
• We’re making a lot of things deeply configurable that weren’t previously. (Scripts, Workflows, and more.) Ties to our goal of building truly programmable, global financial services.
@Noahpinion This also assumes Dems will continue to benefit from Trump mishaps, but I don't think that's quite true given their current approval ratings.
This is explosive.
Mayor Adams is putting the City of New York and its people at risk in exchange for escaping charges.
As long as Trump wields this leverage over Adams, the city is endangered. We cannot be governed under coercion.
If Adams won’t resign, he must be removed.
This is a five alarm fire.
The people elected Donald Trump to be President - not Elon Musk.
Having an unelected billionaire, with his own foreign debts and motives, raiding US classified information is a grave threat to national security.
This should not be a partisan issue.
@GovMurphy As an NJ citizen, please don't @GovMurphy . It's been a huge positive for commuters who need to drive. Maybe focus on investing in public transit for once.
I don’t really do endorsements. I’m not shy about sharing my views, but I hate politics and don’t trust most politicians.
I also understand that people want to hear from me because I am not just a celebrity, I am a former Republican Governor.
My time as Governor taught me to love policy and ignore politics. I’m proud of the work I did to help clean up our air, create jobs, balance the budget, make the biggest infrastructure investment in state history, and take power from the politicians and give it back to the people when it comes to our redistricting process and our primaries in California.
That’s policy. It requires working with the other side, not insulting them to win your next election, and I know it isn’t sexy to most people, but I love it when I can help make people’s lives better with policies, like I still do through my institute at USC, where we fight for clean air and stripping the power from the politicians who rig the system against the people.
Let me be honest with you: I don’t like either party right now. My Republicans have forgotten the beauty of the free market, driven up deficits, and rejected election results. Democrats aren’t any better at dealing with deficits, and I worry about their local policies hurting our cities with increased crime.
It is probably not a surprise that I hate politics more than ever, which, if you are a normal person who isn’t addicted to this crap, you probably understand.
I want to tune out.
But I can’t. Because rejecting the results of an election is as un-American as it gets. To someone like me who talks to people all over the world and still knows America is the shining city on a hill, calling America is a trash can for the world is so unpatriotic, it makes me furious.
And I will always be an American before I am a Republican.
That’s why, this week, I am voting for Kamala Harris and Tim Walz.
I’m sharing it with all of you because I think there are a lot of you who feel like I do. You don’t recognize our country. And you are right to be furious.
For decades, we’ve talked about the national debt. For decades, we’ve talked about comprehensive immigration reform that secures the border while fixing our broken immigration system. And Washington does nothing.
The problems just keep rolling, and we all keep getting angrier, because the only people that benefit from problems aren’t you, the people. The only people that benefit from this crap are the politicians who prefer having talking points to win elections to the public service that will make Americans’ lives better.
It is a just game to them. But it is life for my fellow Americans. We should be pissed!
But a candidate who won’t respect your vote unless it is for him, a candidate who will send his followers to storm the Capitol while he watches with a Diet Coke, a candidate who has shown no ability to work to pass any policy besides a tax cut that helped his donors and other rich people like me but helped no one else else, a candidate who thinks Americans who disagree with him are the bigger enemies than China, Russia, or North Korea - that won’t solve our problems.
It will just be four more years of bullshit with no results that makes us angrier and angrier, more divided, and more hateful.
We need to close the door on this chapter of American history, and I know that former President Trump won’t do that. He will divide, he will insult, he will find new ways to be more un-American than he already has been, and we, the people, will get nothing but more anger.
That’s enough reason for me to share my vote with all of you. I want to move forward as a country, and even though I have plenty of disagreements with their platform, I think the only way to do that is with Harris and Walz.
Vote this week. Turn the page and put this junk behind us.
And even if you disagree with me, vote, because that’s what we do as Americans. https://t.co/eHFZ723I4H
"You can go to live in France, but you cannot become a Frenchman. You can go to live in Germany or Turkey or Japan, but you cannot become a German, a Turk, or a Japanese. But anyone, from any corner of the Earth, can come to live in America and become an American" - Reagan, 1988
BREAKING: JD Vance admits that he spread lies about the Haitian community in Springfield, saying “If I have to create stories so that the American media actually pays attention to the suffering of the American people, then that's what I'm going to do.”
https://t.co/e9jkOwhj9X