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Last summer, banking app Chime introduced a lending product that let customers borrow small amounts to get them through to their next paycheck. Typical payday lenders charge exorbitant fees, but Chime was making the loans largely for free.
The fintech’s big bet is that fronting cash to customers—and only charging people that want extra-fast advances—will boost customer loyalty while also providing some fresh revenue. But Chime is now learning the cost of the loans, just as it tries to convince Wall Street.
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Chipmakers agree to unusual arrangement to secure export licences from Trump administration Read more ›
2,203 fresh
It may have been decades since you last heard the crunching screeches of connecting with dial-up Internet, but AOL said it will discontinue its dial-up service on September 30, officially marking the end of an era in Internet history. As first spotted by PC Gamer, AOL made the surprising announcement in a post buried in its AOL Help pages. Along with the dial-up service, AOL Dialer software and AOL Shield... Read more ›
356 fresh
Microsoft has "assured players that Turn 10 and Playground Games will continue to support Forza Motorsport and Forza Horizon 5". Read more Read more ›
242
Apple is testing a revamped version of Siri with select third-party apps, including Uber, AllTrails, Threads, Temu, Amazon, YouTube, Facebook, WhatsApp, and a few games, according to the latest word from Bloomberg's Mark Gurman. Apple also continues to test the new Siri with its own apps, he said. Apple's own example was an iPhone user asking Siri about their mother's flight and lunch reservation plans based on info retrieved from... Read more ›
235 fresh
Linux creator Linus Torvalds has publicly dismissed a RISC-V code contribution from a Google engineer as 'garbage.' Read more ›
228
After disastrous sales and crashing resale values, the cheapest version of Tesla's sci-fi pickup suddenly has a multi-week wait time. Is this the start of a comeback or just a last-gasp buying frenzy? Read more ›
221
"What happens when cybercriminals stop thinking small and start thinking like a Fortune 500 company?" asks a blog post from Koi Security. "You get GreedyBear, the attack group that just redefined industrial-scale crypto theft." "150 weaponized Firefox extensions [impersonating popular cryptocurrency wallets like MetaMask and TronLink]. Nearly 500 malicious executables. Dozens of phishing websites. One coordinated attack infrastructure. According to user reports, over $1 million stolen." They upload 5-7 i Read more ›
208 fresh
Imagine this. Lightning sparks a wildfire, but "within seconds, a satellite dish swirling overhead picks up on the anomaly and triggers an alarm," writes the Los Angeles Times. "An autonomous helicopter takes flight and zooms toward the fire, using sensors to locate the blaze and AI to generate a plan of attack. It measures the wind speed and fire movement, communicating constantly with the unmanned helicopter behind it, and the... Read more ›
190 fresh
Since 2023 the Python Software Foundation has had a Security Developer-in-Residence (sponsored by the Open Source Security Foundation's vulnerability-finding "Alpha-Omega" project). And he's just published a new 11-page white paper about open source's "phantom dependencies" problem — suggesting a way to solve it. "Phantom" dependencies aren't tracked with packaging metadata, manifests, or lock files, which makes them "not discoverable" by tools like vulnerability scanners or compliance and policy tools. S Read more ›
144 fresh
It was long rumored that Apple would release the first MacBook Pro models with OLED displays next year, but that timeframe is a little less certain now. In his Power On newsletter today, Bloomberg's Mark Gurman said he expects the MacBook Pro to gain an OLED display "between the end of 2026 and early 2027." Compared to current MacBook Pro models with LCD screens, benefits of OLED technology would include... Read more ›
135
AI is already powerful enough to replace millions of jobs. The only thing stopping the mass layoffs isn't technology. It's that no CEO wants to be the first one to face the political firestorm. Read more ›
129 fresh
"You can learn from everywhere, but you have to do it from scratch," ChatGPT's Nick Turley said. "That trait tends to make someone effective at OpenAI." Read more ›
117 fresh
Hopefully 'Avengers: Doomsday' does like 'X-Men '97' and lets Cyclops be cool and right when he's on screen. Read more ›
117 fresh
Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual arrangement will affect China sales of Nvidia’s H20 and AMD’s MI308 chips, for which the U.S. ... Read more ›
112 fresh
"It sounds like science fiction: a spacecraft, no heavier than a paperclip, propelled by a laser beam," writes this report from ScienceDaily, "and hurtling through space at the speed of light toward a black hole, on a mission to probe the very fabric of space and time and test the laws of physics." "But to astrophysicist and black hole expert Cosimo Bambi, the idea is not so far-fetched." Reporting in... Read more ›
104 fresh
Mo Gawdat thinks the next 12-15 years will be dark, not because of robots but because of our own “stupidity.” Read more ›
90
A social media account linked to China state media says that users should avoid Nvidia chips. Read more ›
85
Every charge cycle takes a tiny toll on your iPhone's battery health. Here's how regular use slowly wears it down over the years. Read more ›
79 fresh
If you've been wondering just how Battlefield 6's Secure Boot requirement and anti-cheat system Javelin have been holding up during Battlefield 6's gargantuan open beta test, AC from EA's Anti-Cheat team has revealed that during the Open Beta alone, Javelin has blocked over 300,000 attempted cheat efforts and reviewed 100K+ potential cheaters. Read more Read more ›
73
A looming deadline to claim the $7,500 federal EV tax credit has sparked a buying frenzy, and Tesla is already reaping the benefits. Read more ›
73
OpenAI unveiled its new flagship AI model, GPT-5, on Thursday. And with the launch, OpenAI seems to be moving more towards offering an entire AI system to its customers versus giving them the choice between models. The company said during a live-streamed presentation that it would be withdrawing user access to its older models, meaning that customers won’t be able to choose between models depending on how much they want... Read more ›
107
Here’s a question: Which of Elon Musk’s companies is his most AI-focused business? The answer might seem obvious: xAI, developer of Grok. But it’s not that simple, as a letter from two Tesla directors to company shareholders on Monday demonstrates. The letter, explaining the board’s decision to grant Musk a new stock award valued at $23.7 billion to make up for the much bigger option nullified by the Delaware court,... Read more ›
48
Elon Musk’s X is using parent company xAI’s Grok artificial intelligence tools to handle more of the social media site’s advertising business, Musk and other xAI executives said Wednesday. X is using Grok to improve targeting based on user data, Musk and xAI’s head of ads engineering Roman ... Read more ›
46
Cognition, an artificial intelligence coding startup, has offered voluntary buyouts to the roughly 200 employees it acquired in a takeover of rival Windsurf three weeks ago, saying they will receive nine months of salary in return, according to an e-mail seen by The Information. The development comes after Cognition cut 30 staffers from the Windsurf team on Friday and shows how employees at AI startups can face wildly different outcomes... Read more ›
45
Meta Platforms has acquired WaveForms AI, a small startup working on artificial intelligence capable of understanding emotion and mimicking it in audio form, according to a person with direct knowledge. The acquisition comes as Meta continues to overhaul its efforts in AI, after stumbles earlier this year. In June, the social media giant hired Scale AI CEO Alexandr Wang as its chief AI officer and agreed to invest $14.3 billion... Read more ›
37
Tesla is disbanding its Dojo supercomputer team as its leader leaves the company, Bloomberg reported Thursday. The team had been building supercomputers powered by in-house chips that help train its vehicles’ self-driving software. Tesla plans to rely more heavily on chips from companies ... Read more ›
33
Apple’s next iPhone unveiling is a month away, but OpenAI may have just sucked all the new tech product excitement out of the room with today’s GPT-5 unveiling. The livestream, featuring a parade of staffers highlighting the new flagship AI model’s range of impressive capabilities, was eerily reminiscent of an Apple iPhone event—slickly produced and tightly scripted. OpenAI’s speakers even used classic Apple phrases such as “We can’t wait for... Read more ›
31
Cracks are beginning to show in the booming market for stocks of companies—like Michael Saylor’s Strategy—that do little other than hold cryptocurrencies like bitcoin. These stocks became a wildly popular way for investors to speculate on bitcoin and recently on more exotic cryptocurrencies. Valuations for Strategy, and for others including bitcoin holder Semler Scientific and solana holder Upexi, have come down a bit, while companies that own more speculative tokens... Read more ›
25
In the M&A industry, bankers’ most important asset has historically been their rolodex. But the proliferation of AI chatbots appears to be changing that.When the boards of companies look to sell the business, they turn to M&A advisors to scope out suitable buyers. In the past, junior bankers assembling lists of potential buyers would have to spend hours researching and consolidating information, before checking in with senior bankers whose institutional... Read more ›
21
Last Friday, the day after Figma went public with a 250% pop, former Federal Trade Commission Chair Lina Khan tweeted that Figma’s success was “a great reminder that letting startups grow into independently successful businesses, rather than be bought by existing giants, can generate enormous value.” Good point. But for every Figma, there’s a Snap, whose CEO Evan Spiegel famously turned down a $6 billion buyout offer from Facebook, the... Read more ›
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10.08.2025 22:56
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