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How much motivation does a company founder need to make their company a success? In the case of Chime, a fintech firm whose mission is to offer banking services to lower-income people, quite a lot, it seems. When Chime filed paperwork to go public on Tuesday, it revealed that last month it awarded co-founders Chris Britt (who is also CEO) and Ryan King special stock grants totalling 4 million and 2.4 million shares, respectively. The grants were “designed to provide rewards to the co-founders if they lead u
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The Information
President Donald Trump’s administration is scrutinizing higher education. Last week, the White House issued a memorandum requiring all universities receiving federal funds to submit admissions data on all applicants to the Department of Education. The goal is to enforce the 2023 Supreme Court decision that ended race-based affirmative action. Days before the memo was released, […] Read more ›
1,713 fresh
Introduction Rugged phones are about as niche in the consumer tech sphere as you can get, and yet they still have their loyal following. It's a mystery to most of us why you'd choose a smartphone that's as thick as a brick when most, if not all, of its features are matched by a regular phone these days. But for certain professions they do make sense. And if a rugged... Read more ›
947 fresh
In a recent episode of Post Games, host Chris Plante explores how video games can help players understand death. He's interviewing Kaitlin Tremblay, who is working on Ambrosia Sky, a game about death. "What is it about games that is so useful for exploring the topic?" Plante asks. "I think there's something really lovely about […] Read more ›
867 fresh
This self-hosted, open-source app offers speed, markdown support and full data ownership. What's not to like? Read more ›
801 fresh
After leaving a nearly 10-year position as a product marketing engineer at Intel, Varun Gupta was charged with possessing trade secrets. He was facing a maximum sentence of 10 years in prison, a $250,000 fine and three years of supervised release, according to Oregon's U.S. Attorney's Office. Portland's KGW reports: While still employed at Intel, Varun Gupta downloaded about 4,000 files, which included trade secrets and proprietary materials, from his... Read more ›
735 fresh
The Bluetooth tracker maker is adding free and paid SOS features to its products, including emergency contact alerts, silent alarms, and real-time location sharing. Read more ›
693 fresh
Can I compete with the Figure's humanoid robot at household chores like folding laundry? Let's see who's faster and better. Read more ›
692 fresh
Think of them as AI factories, churning out your responses from ChatGPT, Gemini, Claude and all the other generative AI tools. The costs are staggering. Read more ›
505 fresh
A new best-selling book on Disney adults says enthusiasts get lots of judgment from their own community, based on their perceived passion level. Read more ›
499 fresh
From the RTX 2070 to the 5070, Nvidia’s midrange GPUs show impressive leaps: 1080p ray tracing climbs from 56 to 130 FPS, while 4K performance grows from 36 to 107 FPS. The 4070 strikes the best balance of speed and efficiency, while the 5070 delivers raw power—though at a higher cost. Read more ›
487 fresh
EY's Chief Wellbeing Officer shared 3 tips for employees to take charge of their well-being in a tough job environment. Read more ›
474 fresh
Hi, friends! Welcome to Installer No. 94, your guide to the best and Verge-iest stuff in the world. (If you're new here, welcome, did you hydrate today, and also you can read all the old editions at the Installer homepage.) This week, I'm visiting LinkedIn way too much because of Mini Sudoku, looking at the […] Read more ›
453 fresh
Modeled on a 1960s home movie camera, this cheap, stripped-down digital Super 8 is a laid-back antidote to the spec-chasing rat race of modern videography. Read more ›
391 fresh
Tired of security scares? Ditch LastPass and switch to a password manager you can actually trust. Read more ›
365 fresh
A job at the Big Four doesn't always mean consulting and accounting. Here are some of the unexpected projects they are developing. Read more ›
344 fresh
How it started I carry a lot of different phones around, and I rarely get questions about them because most people stopped talking about which phone they own around 2017. I could be using an unreleased iPhone 18 Pro Max Air Ultra to pay for my coffee and nobody would raise an eyebrow (present company […] Read more ›
339 fresh
Cornell scientists developed noise-coded illumination, embedding invisible watermarks in light patterns to detect video tampering across varied conditions. Read more ›
331 fresh
Sneaker loafers, or "snoafers," are trending among young people seeking a blend of style and comfort, with prices soaring above retail on StockX. Read more ›
329 fresh
Foreign nations rarely attack aircraft carriers unprovoked, but it's always a possibility officials have to keep in mind. Here's what would likely happen. Read more ›
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The Information
Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in China, the chipmaker has hit a new hurdle—Chinese authorities. China’s internet regulator in the past two weeks ordered local tech companies including ByteDance, Alibaba Group, and Tencent Holdings to suspend their purchases of Nvidia chips, citing data security concerns with the chips, according to three people briefed on the matter. Read more ›
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Venture investors are discussing ploughing as much as $1 billion into Texas-based energy startup Base Power at a $4 billion valuation, or about four times its valuation in April, according to a person with knowledge of the investment talks. The startup, co-founded in 2023 by Zach Dell, a former Thrive Capital investor and son of PC mogul Michael Dell, generates revenue by managing a fleet of home backup batteries and... Read more ›
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Bullish, the crypto exchange operator and owner of news outlet CoinDesk, raised $1.1 billion in an upsized initial public offering. The Peter Thiel-backed firm said it is selling 30 million shares in its IPO at $37 per share, higher than the earlier target range of $32 to $33 per ... Read more ›
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We’re in a new era of government intervention in corporate America. The latest example is Bloomberg’s report on Thursday that the Trump administration was in talks to “take a stake” in Intel. Just on Monday, President Donald Trump said he and Nvidia CEO Jensen Huang had agreed that Nvidia would pay the government 15% of whatever revenues it generates from the sale of AI chips to China, in exchange for... Read more ›
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Vercel, a nine-year-old cloud startup that companies use to host and develop websites and artificial intelligence apps, has been approached by investors offering to invest hundreds of millions of dollars at a valuation between $8 billion to $9 billion, according to a person with direct knowledge of the discussions. The new funding could nearly triple Vercel’s private valuation from a financing in May last year and follows a recent growth... Read more ›
35
Bullish, a Peter Thiel-backed crypto exchange and owner of news outlet CoinDesk, is seeking to raise as much as $990 million in its U.S. IPO, up from its target of $629 million last week. The Cayman Islands-based company is planning to offer 30 million shares at $32 to $33 per share, it said in ... Read more ›
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For all the talk about the rise of low-cost or open-source AI models, enterprises are still gravitating to brand-name models from OpenAI, Google and Anthropic. That’s prompting database providers like Snowflake, Databricks and Oracle to strike deals allowing database customers to use the brand-name AI to build chatbots and search tools that can analyze each customers’ proprietary data. In the latest example, Oracle and Google announced an agreement this morning... Read more ›
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In the fast-paced AI wars, time is precious. So when Google last month said it would pay Windsurf $2.4 billion to license the prominent AI startup’s technology and hire some of its employees, the search giant hurried to add Windsurf’s researchers and engineers to its ranks. Within a day, Google had onboarded most of the Windsurf staff it had hired—but not all of them. Some of them were left in... Read more ›
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A group of more than 80 chief executive officers at crypto and fintech firms signed a letter to President Donald Trump urging him to block U.S. banks, such as JPMorgan Chase, from charging fees for access to customer data, which could threaten the business model of fintech firms. The CEOs at ... Read more ›
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Perplexity made headlines this week when the artificial intelligence startup said it had offered to buy Google’s Chrome, the world’s largest internet browser, for a price amounting to nearly double its valuation. While that acquisition seems unlikely to transpire, the company has been on the prowl for smaller browsers it could more easily bite off. Since the end of last year, executives at the three-year-old startup have communicated with leaders... Read more ›
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Most popular sources
Business Insider
|
19% 47 |
Gizmodo
|
10% 5 |
CNET
|
9% 7 |
Tom's Hardware
|
8% 5 |
Eurogamer.net
|
8% 7 |
| View sources » | |
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17.08.2025 09:25
Last update: 09:21 EDT.
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