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Fintech startups have suffered a difficult fundraising climate for two years, after a cocktail of rising interest rates and cooler e-commerce spending made capital harder to come by. But one startup based in São Paulo is trying to defy the slump with an ambitious new fundraise.CloudWalk, a Latin America–focused fintech startup that sells payments products to small and medium-size businesses, plans to raise up to $400 million at a valuation of at least $4 billion, according to two people who discussed fundra
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The Information
Image: The Verge Meta’s Threads has accrued over 35 million signups so far in November and is “going on three months with more than a million signups a day,” Meta spokesperson Alec Booker told The Verge in an email today. 20 million of those signups have come since November 14th, as Axios notes. That’s on top of the 15 million that Instagram head Adam Mosseri said it had gathered in... Read more ›
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The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more ›
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Photojournalist Gary He has visited McDonald's restaurants in 55 countries. He shared five locations he thinks everyone should visit. Read more ›
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Image: Hugo Herrera / The Verge You’d think Elon Musk, the CEO of Tesla and its wide-reaching Supercharger network, would already know about the workings of the federal National Electric Vehicle Infrastructure (NEVI) program that has dedicated $7.5 billion to building a national charging network. However, he needed Secretary of Transportation Pete Buttigieg to chime in on X yesterday to stop some Republican leaders from spreading misinformation about the program.... Read more ›
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Trump warned of a 25% tariff on goods from Mexico and Canada and a 10% tariff on imports from China. Here are the goods that could be impacted. Read more ›
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A recent neo-Nazi rally in Columbus, Ohio drew national attention—but it was just one of dozens that increasingly emboldened white power groups have held this year. Read more ›
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Cyber Grinches are looking to scam online shoppers, but these tips and a little common sense will keep your information and your money safe. Read more ›
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Drake's company Frozen Moments has filed a petition claiming that Universal Music Group and Spotify falsely boosted Kendrick Lamar's "Not Like Us." Read more ›
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The Epsilon S rocket was supposed to launch early next year, but the recent blast will likely delay its debut by several months. Read more ›
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Deals this good rarely stick around. Black Friday and AirPods discounts go together like, well, AirPods and iPhones. We thought the latest AirPods Pro were an incredible deal at their recently discounted price of $189, but they’ve dropped even further at Amazon and Walmart, where you can now pick them up for a new low of $153.99 ($95 off). That’s less than the current price for the AirPods 4 with... Read more ›
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The rapper's music company has accused Kendrik Lamar's label of artificially inflating the popularity of the song "Not Like Us' using bots and illegal payment schemes. Read more ›
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The Bang & Olufsen Beoplay Eleven wireless earbuds will be available in natural aluminum and copper tone colorways. | Image: Bang & Olufsen Bang & Olufsen announced its new Beoplay Eleven wireless earbuds today, carrying forward a stem design similar to Apple’s AirPods that the company first introduced with its Beoplay EX. The Beoplay Eleven will be Bang & Olufsen’s first wireless earbuds with replaceable batteries, making them compliant with... Read more ›
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Photo by Amelia Holowaty Krales / The Verge Google is testing out media playback straight from Android smartwatches’ built-in speakers in Wear OS 5.1, according to Android developer release notes spotted by Mishaal Rahman. That’s in addition to adding support for credential managers in the coming update, which Google revealed is based on Android 15. (Wear OS 5, which rolled out earlier this month, is based on Android 14.) Watch... Read more ›
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It took the Farrelly brothers 10 years to make 'Dear Santa', Here they talk about the pieces that had be just right and why Jack Black needed to be their 'Santa'. Read more ›
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Interpol arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and produced millions in financial damages, the global police organization said Tuesday. From a report: Operation Serengeti, a joint operation with Afripol, the African Union's police agency, ran from Sept. 2 to Oct. 31 in 19 African countries and targeted criminals behind ransomware,... Read more ›
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Huawei’s new Mate 70 lineup will be the first to offer the company’s HarmonyOS Next that isn’t compatible with Android apps. | Image: Huawei Huawei has announced its new Mate 70 series smartphone lineup, which will be the first offered with the company’s new HarmonyOS Next operating system that doesn’t rely on Google’s Android services and won’t run any Android apps, according to a report by Reuters. The four models... Read more ›
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Martha Wells created one of the most iconic characters in 21st-century science fiction: Murderbot, reluctant savior of humanity. Then she faced an existential threat of her own. Read more ›
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The Information
Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more ›
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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 ›
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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 ›
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To call the last two years “tepid” for tech initial public offerings would be an understatement. In the wake of a record-smashing high in 2021, IPO deal proceeds plummeted 94% in 2022 and have been slow to recover. But 2025 could be looking up, with some big names likely to hit exchanges. At a recent event about artificial intelligence’s impact on the IPO market, Anita Ramaswamy, The Information’s financial analysis... Read more ›
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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 ›
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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 ›
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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 ›
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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 ›
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When Google CEO Sundar Pichai called Donald Trump to congratulate the president-elect on winning the election, a guest was on the line: Elon Musk, the CEO of Tesla, xAI and other companies, according to two people familiar with the situation. Musk’s appearance took Pichai by surprise, one of these people said. Read more ›
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Most popular sources
Business Insider
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Tech Wire Asia
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The Verge
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Gizmodo
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Wired
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6% 2 |
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26.11.2024 14:58
Last update: 14:51 EDT.
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