Buy now, pay later lender Klarna files for U.S. IPO
Klarna filed its paperwork with the SEC on Friday to go public on the New York Stock Exchange under ticker symbol KLAR.
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CNBC
Block bets on lending expansion after stock slump
Block is expanding its lending efforts, announcing this week that it received FDIC approval to issue loans through its banking subsidiary.
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David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
The White House memo revealed that AI and Crypto Czar David Sacks divested over $200 million in digital asset-related investments.
Shares of DocuSign surge 14% on strong earnings, AI boost
CEO Allan Thygesen said the company has “started to turn the corner on the core business.”
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Tech’s 3-week selloff, led by Tesla, wipes out $2.7 trillion in value from megacaps
Wall Street had very different expectations for the tech trade following President Trump’s election victory in November.
Tech’s 3-week selloff, led by Tesla, wipes out $2.7 trillion in value from megacaps Read More »
‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals
CEOs of several European telecoms firms are calling on regulators to make it easier for them to combine their operations with other businesses.
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.
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Nvidia’s next chips are named after Vera Rubin, the woman scientist who discovered dark matter
Nvidia CEO Jensen Huang is expected to reveal details about Rubin, the chipmaker’s next AI GPU, on Tuesday at the company’s annual GTC conference.
Why the FastTrak toll road text scam is out of control and Apple, Android can’t do anything to stop it
The FastTrak toll text scam uses over 60,000 domain names and Apple and Android phone makers have been powerless to prevent it from hitting users everywhere.
Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company’s artificial intelligence monetization strategy.