In the dynamic landscape of fintech, Affirm stands out by innovating its services under the leadership of its founder, Max Levchin. Originally established to revolutionize the buy now, pay later (BNPL) model, Affirm recently made significant progress in broadening its services beyond credit to encompass the debit card arena. This noteworthy expansion, which began four
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In recent months, Google has made headlines for its decision to remove certain cultural observances from its widely used online and mobile calendar. Notably absent from the 2025 calendar are important dates such as the kickoff of Black History Month and Women’s History Month, events that were previously highlighted at the beginning of February and
The field of artificial intelligence (AI) is rapidly evolving, characterized by fierce competition among leading tech companies. Recently, the emergence of China’s Deepseek has stirred considerable discussion within the industry. In a statement that has resonated globally, Demis Hassabis, CEO of Google DeepMind, acknowledged Deepseek as potentially the most impressive work originating from China to
Verily, the health tech subsidiary of Alphabet, has confirmed its decision to sell Granular Insurance Company to Elevance Health, a notable player in the insurance sector. This move is part of a broader trend of dramatic organizational changes within Verily, which has undergone significant restructuring in the wake of leadership transitions and workforce reductions. The
As Amazon prepares to release its fourth-quarter earnings report, scheduled for Thursday after the market closes, analysts and investors are eager to glean insights into the company’s financial health and future prospects. Expectations set by LSEG indicate that Amazon will report earnings of approximately $1.49 per share and generate revenue around $187.3 billion. Such figures
In the ever-evolving landscape of ride-sharing services, Uber Technologies Inc. remains a significant player, revealing a complex financial narrative as it disclosed its fourth-quarter results. Despite showing an impressive year-over-year revenue increase, investor sentiment took a hit post-announcement, particularly as guidance for the upcoming quarter fell short of expectations. Uber’s fourth-quarter performance painted a picture
The venture capital community is mourning the loss of Dick Kramlich, who passed away recently at the age of 89. His death came unexpectedly, as confirmed by his daughter, Christina Kramlich. Unlike many who face prolonged illnesses, his passing came as a shock, leaving his family and colleagues to grapple with the suddenness of it
The world of financial technology (fintech) has seen numerous players scaling remarkable heights, but navigating the path to profitability remains a substantial challenge. GoCardless, a London-based fintech unicorn, serves as a compelling case study in this regard. Known for simplifying recurring payment collection for businesses, GoCardless has recently demonstrated significant strides in reducing losses and
TikTok, a platform that has revolutionized the social media landscape, recently faced a significant setback when its services were temporarily halted in the U.S. The fallout was dramatic—a staggering 85% drop in usage, prompting an urgent need for recovery. However, recent data from Cloudflare Radar indicates that TikTok has made remarkable strides toward regaining its
Recently, an air of intrigue enveloped the tech community following claims from China’s DeepSeek, which suggested that its large language model (LLM) has outperformed OpenAI’s offerings while incurring significantly lower training costs. However, the rapid emergence of this development has raised critical questions regarding the semiconductors utilized in constructing DeepSeek’s R1 reasoning model. Amid stringent