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Last week’s upbeat inflation report raised hopes that the Federal Reserve will start cutting interest rates in the fall, which will be good news for pretty much every business. But companies in the business of lending money—in particular digital lending firms such as LendingClub and SoFi—may be the stocks to get the fastest lift.
LendingClub and SoFi are both better bets than other digital lenders, such as Upstart Holdings, which trades at a premium thanks to perceptions that it’s more of a tech company. B
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The Information
If you didn’t know, Tencent (which is, among other things, the world’s biggest video game vendor) is the one that brought the Nintendo Switch to China in 2019. These Chinese versions of the console have access to fewer games, and they also can’t connect with consoles from outside China. Before long, these consoles will get significantly less useful: Nintendo announced that owners won't be able to buy any games from... 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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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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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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While the Black Friday and Cyber Monday sale events are arguably the best times of the year to pick up most gadgets, they’re also a great time to save on subscriptions and services you may already have or that you’ve been wanting to try. Whether it’s an audiobook service like Audible, streaming service like Peacock or an online learning subscription like MasterClass, you can typically find good subscription deals during... Read more ›
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Arcane's co-creator has finally confirmed which fan-favorite regions of Runeterra will be explored in the next League of Legends adaptation. 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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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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In late 2023, Porsche previewed what next-generation CarPlay could look like in its vehicles, with a pair of images showing a custom instrument cluster and more. However, the luxury automaker has yet to release any vehicles that support the software nearly a year later, and it sounds like it still has no imminent plans to do so. A spokesperson for Porsche today informed MacRumors that the automaker plans to maintain... Read more ›
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The word "boyfriend" didn't accurately capture the man I was dating. When I started using "partner," people in the US seemed to get annoyed with me. Read more ›
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Known for his perfectionism and total dedication to Elon Musk, Omead Afshar has emerged as one of Tesla's most powerful executives. Read more ›
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Aoife Hinds and Faoileann Cunningham discuss "Two Wolves," the most recent episode of HBO's Dune prequel. Read more ›
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Gift online privacy to your family and friends with the DeleteMe service that helps you remove information from data brokers and more. Read more ›
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DJI hasn't finished yet with its busy 2024, as it just announced the Mic Mini wireless microphone system. The company took most of the characteristics of the popular Mic 2 and shrunk it down considerably, while also making it much more affordable. The Mic Mini consists of a receiver and one or two transmitters with built-in microphones. To use it, you just affix the mics to your subject, either via... Read more ›
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Amazon is offering a record low price on this best-selling portable power station. Read more ›
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I tried green-bean casserole recipes from chefs Alex Guarnaschelli, Alton Brown, and Ree Drummond to see which one made the best Thanksgiving side. Read more ›
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The president-elect's transition team is consulting with industry leaders as it vets potential replacements for outgoing chair Gary Gensler, sources tell WIRED. Read more ›
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I used my savings and a $15,000 gift from my mom to temporarily move to Italy in my 30s. I learned so much during my "adult gap year" abroad. Read more ›
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Threads is testing new features to compete with Bluesky, which is winning over millions of new users. Read more ›
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Several allies are giving money to Ukraine for the development of its homegrown arms industry, according to The Wall Street Journal. 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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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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Good afternoon from Las Vegas, where I’m writing this newsletter from a hotel room with a Strip view of the Encore, the hotel where bankers, investors and tech executives will slide from meeting to meeting at Goldman Sachs’ annual private tech confab. Say hi if you’re there. (I’ll be one of the many bald guys roaming around, but I’m younger than average and have a mustache and wire-rimmed glasses.) The... Read more ›
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Most popular sources
Business Insider
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30% 0 |
Tech Wire Asia
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14% |
Gizmodo
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6% 0 |
CNET
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6% 3 |
Eurogamer.net
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4% 2 |
| View sources » | |
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26.11.2024 12:41
Last update: 12:36 EDT.
News rating updated: 19:32.
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