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JPMC Halts Non-PPP SMB Loans

PYMNTS

The loans will be forgiven for those who can prove they used the money to pay their employees during the shutdown. Among other top banks, Wells Fargo won its battle to lift the cap on its balance sheet (placed there in the wake of the fake account scandal from 2018), so it has resumed PPP operations as of Wednesday (April 8).

Shutdown 104
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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Facebook, for example, disclosed that an unprecedented data breach in September 2018 exposed the social media accounts of up to 90M users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account. Collectively, FAMGA has poured nearly $2.5B Table of contents. Confirm.io

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The Frightful Five: Monster Valuation

PYMNTS

Individually, each company has a market cap greater than half a trillion dollars. The shutdown will take place on April 10, 2018. The total combined value of the Frightful Five — Alphabet, Amazon, Apple, Facebook and Microsoft — is indeed a frightful amount, most recently tallied at $3.3

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CBI gift guide

CB Insights

New York City will probably seem easy when the company starts testing its cars there in 2018. Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more. Kyle is joining us at the A-ha! I love you.