Affirm, the renowned online lending platform established by Max Levchin, has carved out a significant niche in financial technology since its inception. Initially, the company garnered attention for its “buy now, pay later” (BNPL) model, which revolutionized consumer financing. However, in an evolving financial landscape, Affirm broadened its horizons four years ago by venturing into
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In a significant shift, Google has decided to remove key cultural observances such as the first days of Black History Month and Women’s History Month from its calendar services, which include both online and mobile applications. Previously marked as essential moments to promote awareness, these dates will not be displayed for the year 2025. This
The artificial intelligence (AI) landscape is witnessing a seismic shift, particularly with the entry of Chinese firm Deepseek into the fray. Recently, Demis Hassabis, CEO of Google DeepMind, publicly acknowledged Deepseek’s capabilities, remarking that it is “probably the best work” to emerge from China. However, his comments sparked a deeper examination of the implications this
In a significant development within the health technology landscape, Verily, a subsidiary of Alphabet, announced the sale of its stop-loss insurance unit, Granular Insurance Company, to Elevance Health. This transaction highlights a broader narrative of transformation as Verily attempts to redefine its place in healthcare. The deal, while lacking publicly disclosed financial details, underscores the
As the tech industry continues to redefine itself in the rapidly changing market landscape, all eyes are on Amazon’s upcoming fourth-quarter earnings report, set to be unveiled Thursday after market close. This report is more than just a snapshot of Amazon’s financial health; it serves as a crucial indicator of consumer trends, investment strategies, and
Uber Technologies, Inc. has experienced significant fluctuations in its stock performance as it navigates the complexities of a rapidly changing market. The ride-sharing giant’s recent earnings report for the fourth quarter showcased a mix of optimistic revenue figures against a backdrop of subdued guidance for the upcoming quarter. This article provides an in-depth analysis of
The world of venture capital has lost a visionary figure with the passing of Dick Kramlich at the age of 89. As a co-founder of New Enterprise Associates (NEA), Kramlich established himself as a giant in a field that was still in its infancy almost five decades ago. His recent passing triggers a major reflection
In 2024, GoCardless, a prominent player in the financial technology sector, reported significant strides in its financial health. The company, known for facilitating recurring payments and subscriptions for businesses, has managed to reduce its losses by over 50%. For the fiscal year ending June 30, 2024, GoCardless declared a net loss of £35.1 million ($43.8
TikTok has shown remarkable resilience following a brief but impactful shutdown earlier this month, as indicated by data from Cloudflare Radar. Originally experiencing an enormous 85% drop in traffic, the platform has since managed to recover to approximately 90% of its pre-shutdown levels. David Belson, head of data insight at Cloudflare, noted that DNS traffic
In light of the recent controversies surrounding artificial intelligence and semiconductor exports, Singapore’s Ministry of Trade and Industry (MTI) has reaffirmed its commitment to ensuring compliance with U.S. export controls. This statement came following inquiries regarding the chips utilized by China’s DeepSeek in their innovative AI model development. Such developments have significant implications for international