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Venture-backed Cross River Bank, a key partner to companies including Affirm and Coinbase, rode the coattails of the crypto and fintech boom—as well as a pandemic-era government business lending program. Now, as both sectors struggle with the impact of rising interest rates, some are losing faith in Cross River’s potential.
Mutual fund giant T. Rowe Price, which invested in Cross River when it raised money at a $3 billion valuation last year, slashed the value of its shares 26% percent in December, accordi
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The Information
The Miss Universe 2025 winner is Miss Mexico Fátima Bosch. She took the crown after weeks of drama at the pageant. Read more ›
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This is an excerpt of Sources by Alex Heath, a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week. A new trend has quickly emerged for AI startups that want to stand out from the rest: brag about revenue. Take Sierra, Bret Taylor and Clay Bavor's AI customer […] Read more ›
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The Senate homeland security committee's chair has asked researchers to turn over troves of documents related to the January 6 attack, vaccines, and more, according to a letter reviewed by WIRED. Read more ›
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Amazon's 14,000-plus layoffs announced last month touched almost every piece of the company's sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more than others: engineers. CNBC: Documents filed in New York, California, New Jersey and Amazon's home state of Washington showed that nearly 40% of the more than 4,700 job cuts in those states were engineering... Read more ›
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The truth is, most gaming headsets aren’t great values. I’ve tested a ton of them for our buying guide, and while the space has improved over time, it remains far too centered on branding and marketing. Too much of what passes by my desk comes off as overpriced compared to a good set of “normal” headphones in the same range, both in audio and build quality. If you have a... Read more ›
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Nvidia’s stock price has been trending down despite its record-breaking quarter, and its CEO is complaining. Read more ›
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Following the introduction of the V80 Design earlier this month, nubia has now also launched the V80 Pro. This is listed in Mexico at the moment, but will undoubtedly make its way to other markets soon. It has a 6.75-inch 900x1940 screen with 120Hz refresh rate, the Unisoc T7280 SoC at the helm, 8GB of RAM, 256GB of expandable storage, and a 5,000 mAh battery. nubia V80 Pro official images... Read more ›
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It's pretty rare when a cool new gadget feature gets announced that you can try right away on your own devices. But that's exactly what happened yesterday when, out of the blue, Google announced it had engineered a way to bring AirDrop interoperability to Pixel 10 phones - all without Apple's involvement. After the news […] Read more ›
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David Chang warns Gen Z's low alcohol consumption is causing huge problems for restaurants already dealing with major headwinds. Read more ›
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I love visiting Boerne, Texas, a city near San Antonio. There are great restaurants and shops, and I think it's especially fun around the holidays. Read more ›
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This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you ... Read more ›
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Battle-tested Ukrainians often wanted to keep shooting until Russians surrendered or died. That's key at times, but could be unsustainable at others. Read more ›
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DJI may be the big dog in drones, but it plays third fiddle to GoPro and Insta360 in the action cam market. To better stand out, the company has launched the Osmo Action 6 with a pair of innovative features. The first is a big, square sensor that boosts video quality in low light, while making it easy to output both horizontal and vertical video. The second is a variable... Read more ›
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You no longer have to resort to boiling water to make delicious hard- and soft-boiled eggs. Read more ›
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Black Friday sales are starting, and that means it’s one of the best times of year to pick up a new TV. If you’ve been hoping to grab a new big screen but aren’t sure which one to get, allow us to separate the junk deals from the ones worth your time. Below we’ve rounded up the best Black Friday TV deals we could find so far, with discounts on... Read more ›
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"Wicked: For Good" shifts the focus toward Ariana Grande's Glinda, but Cynthia Erivo is the true star of Jon M. Chu's musical sequel. Read more ›
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The Information
At Tesla’s annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Musk’s other companies, xAI. But Musk’s revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more ›
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Microsoft will invest $5 billion in Anthropic, and Nvidia will invest $10 billion in the startup, the three companies announced on Tuesday. Meanwhile, Anthropic will spend at least $30 billion to rent servers from Microsoft’s Azure cloud equipped with Nvidia chips over an unspecified period, and ... Read more ›
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Apple’s succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely won’t happen until after late January when ... Read more ›
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Before we get to Gemini 3, we want to highlight this morning’s news that former Harvard University President Larry Summers has resigned from OpenAI’s board of directors following a congressional committee’s release of emails showing a personal correspondence between him and convicted sex offender Jeffrey Epstein. Summers had been on the board of the ChatGPT-maker for two years. His departure follows his decision to step back from public commitments in... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Grindr’s boardroom feud • Plus, our Recommendations: “Harry Potter and the Sorcerer’s Stone,” “A Biography of a Mountain” and “Materialists”A bit of housekeeping: The Information’s Weekend section is looking for a reporter for a beat we’re calling “tech wealth and culture.” This person will cover how Silicon Valley’s moguls live large—their pursuits, their pastimes—and how they spend their money. Here’s a... Read more ›
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The White House is working on an executive order that will direct the Justice Department to sue states that pass their own laws regulating artificial intelligence, according to a draft of the order reviewed by The Information. The order, which is still in the drafting phase, could change. The timeline for when it will be formally announced is also unclear. The move is part of a long-standing effort this year... Read more ›
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Thinking Machines Lab, the company co-founded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks with potential investors to raise about $5 billion in the startup’s next round of funding, according to a person who spoke with Murati. That target would more than triple the capital the ... Read more ›
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Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the U.S., moving ahead with its plan to list despite a recent-sell of crypto-related stocks. The filing comes a day after it raised $200 million from Ken Griffin’s Citadel Securities at a $20 ... Read more ›
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SoftBank plans to invest up to $3 billion to remodel an electric vehicle plant in Lordstown, Ohio, that will produce equipment for OpenAI’s forthcoming data centers, according to two people with knowledge of the plans. The Japanese conglomerate, one of the largest investors in OpenAI, will use the factory to supply data center sites in Texas and multiple other unannounced locations, the people and another person with knowledge of the... Read more ›
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Blockchain.com, a crypto brokerage and wallet provider, is planning to go public next year, the company’s newly named co-chief executive revealed, aiming to list after several volatile years. The company said it promoted its president Lane Kasselman to be co-CEO, alongside its founder and CEO Peter Smith, as part of its listing efforts. Kasselman is a former Uber executive who has worked for the crypto firm for five years. The... Read more ›
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Most popular sources
Business Insider
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36% 4 |
Gizmodo
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18% 14 |
Engadget
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6% 2 |
The Verge
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5% 4 |
Tom's Hardware
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5% 1 |
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21.11.2025 13:36
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