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For much of the past year, most articles about fintech startups have sounded alike: A once high-valued startup struggles to live up to its lofty valuation after interest rates spike, making it difficult to fund expansive growth plans. (I wrote about one, Chipper Cash, earlier this week.) But an announcement from a U.K. neobank has offered a glimmer of hope for the trodden-down sector. This week, London-based Monzo pulled off one of the biggest funding rounds we’ve seen in some time for financial technology.
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The Information
World’s first gigawatt-scale floating solar power system launches off China’s eastern coast. The 1,223-hectare installation has annual output of 1.78 billion kilowatt-hours. China has expanded its renewable energy portfolio with a pioneering floating solar power installation in the Yellow Sea. The one-gigawatt facility, activated by state-owned utility CHN Energy, transforms unoccupied ocean space into a... Read more » Read more ›
3,200 fresh
A Nvidia sales lead said in an email to colleagues that Musk's demand for chips was straining the company's supply chain, per The Wall Street Journal. Read more ›
1,280 fresh
"And now I look across the table, and I just think, 'When am I going to have to change this guy's diaper?'" Teri Hatcher said. Read more ›
1,006 fresh
Marine biologists documented the never-before-confirmed behavior among orcas living in the Southern Gulf of California. Read more ›
581 fresh
We've tested alarm clocks -- a whole collection -- to identify the best one to help kickstart your day. These are the best options. Read more ›
445 fresh
Meta CEO Mark Zuckerberg reportedly met with Trump, who previously threatened to jail the Facebook founder. Read more ›
437 fresh
Traveling for the holidays doesn't have to mean leaving your favorite streaming channels at home. My go-to streaming stick gets a big discount for Black Friday. Read more ›
357 fresh
If you're looking for some new earbuds or headphones, these Black Friday bargains won't miss. Read more ›
355 fresh
No Man's Sky didn't get off to the smoothest of starts, but eight years after its controversial launch, Hello Games' exploratory space sim has reached a significant milestone, finally gaining enough favourable player reviews on Steam to shift its overall rating to "Very Positive". Read more Read more ›
332 fresh
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch for 10 more months, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models so far: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and... Read more ›
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Defense Minister Adm. Dong Jun is under investigated for graft, the FT reported, after his last two predecessors were also probed for corruption. Read more ›
251 fresh
Hunting for an all-foam mattress? Here's what to know about the upgraded DreamCloud Premier. Read more ›
237 fresh
Some women are playing poker to help build their risk-taking and negotiating skills, which in turns helps them in their careers. Read more ›
215 fresh
An anonymous reader quotes a report from the Associated Press: Danish lawmakers on Monday agreed on a deal to plant 1 billion trees and convert 10% of farmland into forest and natural habitats over the next two decades in an effort to reduce fertilizer usage. The government called the agreement "the biggest change to the Danish landscape in over 100 years." Under the agreement, 43 billion kroner ($6.1 billion) have... Read more ›
210 fresh
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process. Read more ›
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With Apple Intelligence, Apple is aiming to make Siri smarter than ever before. The personal assistant is going to be able to learn more about you, do more in apps, and hand over the reins to a smarter virtual assistant when needed. Some new ‌Siri‌ features are available now, while some won't be coming until 2025. This guide highlights everything that's new with ‌Siri‌ thanks to ‌Apple Intelligence‌. Updated Siri... Read more ›
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On Thursday, tens of millions of Americans will partake in a national ritual many of us say we don’t especially enjoy or find meaning in. We will collectively eat more than 40 million turkeys — factory farmed and heavily engineered animals that bear scant resemblance to the wild birds that have been apocryphally written into […] Read more ›
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Take advantage of these dramatic Black Friday deals on SimpliSafe products whether you're home for the holidays or planning on traveling. Read more ›
168 fresh
The Miss Universe first runner-up, Chidimma Adetshina, earned Nigeria's highest-ever placement. She shared her tumultuous pageant journey with BI. Read more ›
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The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
23
Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
23
OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
17
There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
13
If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
9
Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
6
Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
5
Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
3
Most popular sources
Business Insider
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28% 0 |
Tech Wire Asia
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15% 9 |
CNET
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7% 4 |
Eurogamer.net
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6% 2 |
Gizmodo
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6% 1 |
| View sources » | |
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28.11.2024 01:42
Last update: 01:35 EDT.
News rating updated: 08:30.
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