There have never been more $100M+ fintech rounds than right now
"Today, there is a greater number of mature fintech companies, so this could be slowing down the pace at which seed- or angel-stage fintech companies are forming or receiving funding." We’re putting aside the IPO news cycle this morni.....»»
Square CEO Alyssa Henry is stepping down, and Jack Dorsey will take over for now
Alyssa Henry, the CEO of Square -- a unit of Jack Dorsey's fintech company, Block -- will leave her post at the company next month......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
Mobile money in Ghana isn"t all good news: Customers are paying a hefty price
Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the d.....»»
This PowerPoint ploy could help hackers empty your bank account
Another dangerous malware is making the rounds, and this time, not even PowerPoint presentations are safe......»»
This PowerPoint could help hackers empty your bank account
Another dangerous malware is making the rounds, and this time, not even PowerPoint presentations are safe......»»
Foldable iPhone in 2025 would help segment hit $100M/year within two years
While it was at one point predicted that Apple would launch the first foldable iPhone in 2023 – something that obviously isn’t going to happen – it’s clearly a question of “when” rather than “if.” 2025 has been suggested as another.....»»
Threads app signs up 100m users in less than a week
Meta's rival to Twitter has surpassed a record set by Open AI's ChatGPT app since its launch......»»
China fines Jack Ma"s Ant Group nearly $1 billion
China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance......»»
Ford planning more salaried job cuts
Ford is expected to cut jobs in multiple business units as soon as next week. The cuts are said to be smaller than previous rounds of layoffs......»»
A new YouTube video ad scam is doing the rounds - don"t be fooled
YouTube fundraising scam has already raised more than a quarter of a million dollars......»»
Racial Equity and Justice Initiative funding hits $225M, says Apple; UK exhibition announced
Apple says that it has doubled its initial $100M commitment to the Racial Equity and Justice Initiative since it launched back in 2020. With $200M already invested, the company has today announced a further $25M in venture capital funding – and is.....»»
AI becomes the not-so-secret weapon behind new rounds of chip competition
News about significant improvements in yields and capacity on Samsung's 4nm process and the subsequent win in getting orders from AMD and Google raised some eyebrows among its competitors. How did Samsung make such a huge leap in such a short time? O.....»»
Third round of Meta layoffs sends another 6,000 to the unemployment line
Meta has begun making the last of what it has claimed would be three major rounds of layoffs, although there may yet be further smaller series of redundancies to come.Facebook's parent company initially laid off 11,000 in November 2022, and at the ti.....»»
Amazon corporate workers plan walkout next week over return-to-office policies
Some Amazon corporate workers have announced plans to walk off the job next week over frustrations with the company's return-to-work policies, among other issues, in a sign of heightened tensions inside the e-commerce giant after multiple rounds of l.....»»
Snapdragon 8 Gen 4 rumors have already started making their rounds
The Qualcomm Snapdragon 8 Gen 3 chipset is expected to be announced later this year, but it seems that the rumor mill has already gotten started on the Snapdragon 8 Gen 4. Last week, there were rumors about Qualcomm’s next-gen chipset,.....»»
tvOS 16.5 & HomePod 16.5 updates are now available
Apple has issued to the public updates to tvOS 16.5 and HomePod software version 16.5, in what is largely a performance and bug fix release.Apple TV 4KThe update follows a brief beta-testing period, which consisted of three rounds before the final re.....»»
Amazon posts $3.2 billion profit as it goes through multiple rounds of layoffs
Amazon is starting the year back in the black......»»
Tesla profits after price cuts the focus of Q1 earnings
Tesla is expected to report lower vehicle gross margins after juicing deliveries this year with multiple rounds of price reductions......»»
Oppo’s Next Reno Series Might Feature these Chipsets
New predictions concerning the upcoming Oppo Reno 10 series devices have been making their rounds across the internet. Oppo fans are in for a treat – new predictions concerning the upcoming Oppo Reno 10 series devices have been making.....»»
The staggering cost of identity fraud for financial services
The impact of identity fraud varies for organizations in the financial services industry, based on whether they belong to the banking or FinTech sector, according to Regula. Specifically, every fourth bank reported experiencing over 100 identity frau.....»»