Founded by tech veteran Max Levchin, Affirm has made a considerable impact on the personal finance landscape since its inception. While initially recognized for its pivotal role in establishing the buy now, pay later (BNPL) model, the company has further diversified its offerings by foraying into the debit market. This strategic shift, initiated four years
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In a recent turn of events, Google’s widely used online and mobile calendar platforms have come under scrutiny for their decision to omit significant cultural observances. Notably, the first day of Black History Month and Women’s History Month, traditionally marked at the start of February and March respectively, will not be featured in 2025. Reports
The world of artificial intelligence (AI) is in a remarkable state of flux, reacting to both advancements and controversies from various players within the industry. Recently, China’s Deepseek made headlines with its claims regarding a groundbreaking AI model, touted as both cost-effective and efficient. Demis Hassabis, the CEO of Google DeepMind, weighed in on the
Verily, a subsidiary of Alphabet and a prominent player in health technology, has solidified its decision to divest itself of Granular Insurance Company, a stop-loss insurance subsidiary, by selling it to Elevance Health. This move is emblematic of Verily’s ongoing strategic transformations, reflecting broader trends in health care and corporate focus in an ever-evolving industry.
As investors and analysts alike prepare for Amazon’s upcoming fourth-quarter earnings report, scheduled for a Thursday release post-market close, the spotlight is shining brightly on the e-commerce giant. With expectations to report earnings of $1.49 per share, as well as revenues projected at $187.3 billion according to LSEG, the stakes couldn’t be higher. This article
On a day marked by premarket trading volatility, Uber Technologies Inc. witnessed a significant drop of approximately 7% following the release of its fourth-quarter earnings report. While the ride-hailing giant outperformed analysts’ revenue expectations, its soft guidance for the upcoming quarters raised concerns among investors, resulting in a decline in share value. This article delves
Dick Kramlich, a luminary in the realm of venture capital, passed away at the age of 89. His impact over nearly five decades has not only shaped the future of technology investments but also the lives of entrepreneurs who have benefited from his chicken-hearted belief in innovation and progress. As the co-founder of New Enterprise
In the ever-evolving landscape of financial technology, GoCardless, a London-based startup, is making significant strides towards financial sustainability. Established to streamline the process of recurring payments for businesses—such as subscriptions—GoCardless has faced its fair share of challenges. However, recent financial reports indicate a clear trajectory towards profitability, showcasing a strategic blend of cost management and
In recent weeks, TikTok has experienced a tumultuous journey that has seen it rise from a steep decline in user traffic to almost regaining its former glory. Cloudflare Radar reported an 85% drop in traffic following a temporary shutdown, only to witness TikTok bounce back to nearly 90% of its previous engagement levels shortly thereafter.
The rapid evolution of artificial intelligence (AI) has transformed various sectors, including technology, healthcare, and finance. With major players like OpenAI setting high benchmarks, the introduction of companies such as China’s DeepSeek has sparked both intrigue and controversy. DeepSeek’s claims of outperforming OpenAI’s language models at a fraction of the cost have caught the attention