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461 MoneyGram Makes Crypto Push

The Information
Yueqi Yang @ The Information · 05/02/2025 14:32 EDT

MoneyGram Makes Crypto Push

MoneyGram, the international money transfer firm, will allow crypto companies to make use of its thousands of physical locations worldwide to provide cash deposit and withdrawals for their users. The company on Friday launched a tool for developers of crypto exchanges, wallets, and stablecoin ...

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Elon Musk’s xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding, according to a person with direct knowledge of the move. The pair, Andrew Milich and Jason Ginsberg, will both report to Musk, the person said. The move follows a string of high-level departures at xAI, including the majority of its co-founders, and comes as Musk says the company’s... Read more â€ș

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Valida Pau @ The Information · 03/12/2026 17:05 EDT

SoftBank-Backed Payment App PayPay Rises in U.S. IPO

PayPay shares rose nearly 20% in the Japanese mobile payment app’s debut in the U.S. stock market Thursday, before closing with a 13% gain and market cap of TK. The company raised almost $880 million in the IPO, including shares sold by investor SoftBank, making it the biggest listing ever ... Read more â€ș

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Kevin McLaughlin @ The Information · 03/12/2026 17:39 EDT

Oracle’s Answer to the SaaS Slump: Free AI Features

Investors’ fears that AI could dampen spending on traditional business applications have wreaked havoc on the shares of companies like Salesforce, ServiceNow and Workday. But Oracle executives this week cited how businesses can use Oracle’s AI tools as evidence that Oracle is immune to the so-called Saaspocalpyse. On an earnings call earlier this week, executive chair and CTO Larry Ellison said hospitals can add AI agents to their Oracle applications... Read more â€ș

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Kevin McLaughlin @ The Information · 03/12/2026 18:21 EDT

Adobe CEO to Step Down After 18 Years, Company Searching for Successor

Adobe announced that Shantanu Narayen is planning to step down as CEO after 18 years as soon as the company finds his successor. It’s the latest example of software firms shaking up their leadership as they deal with the threat posed by artificial intelligence. Narayen, who turns 63 in May, ... Read more â€ș

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The Information
Martin Peers @ The Information · 03/12/2026 18:50 EDT

BuzzFeed is Considering Strategic Options

BuzzFeed is “exploring strategic options” to close the gap between its roughly $26 million market capitalization and what executives see as the value of the digital media firm’s assets, the company said Thursday. BuzzFeed shares fell 10% in after-hours trading. BuzzFeed CFO Matt Omer said in a ... Read more â€ș

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19.03.2026 08:50
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