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Rapyd Financial Network is looking to raise $300 million in a new funding round that would value the global payments platform at $3.5 billion, a considerable decrease from its approximately $9 billion valuation set in 2021, according to Bloomberg. The London-based company offers a range of financial services like payments, mobile wallets, money transfers, card…
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This week, Silicon Valley came barrelling into Washington, D.C., in the form of fresh-faced engineers supposedly running the government. A bombshell Wired report said that Elon Musk had quietly selected at least six engineers, the oldest of which is reportedly 24, to help him run his Department of Government Efficiency. The secrecy of the group,…
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Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce — around 500 employees — due to business performance not meeting expectations, the company confirmed to TechCrunch. The new layoffs come less than a year after the company cut about 3% of its workforce in…
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India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of…
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Google on Thursday announced that effective this week, it will begin adding a digital watermark to images in Photos that are edited with generative AI. The watermark applies specifically to images that are altered using the Reimagine feature found in Magic Editor on Pixel 9 devices. Announced in 2024, Reimagine utilizes generative AI to alter…
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For years, Elon Musk has talked about Dojo — the AI supercomputer that will be the cornerstone of Tesla’s AI ambitions. It’s important enough to Musk that in July 2024, he said the company’s AI team would “double down” on Dojo in the lead up to Tesla’s robotaxi reveal, which happened in October. But what…
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Normally we think the Canon EOS R8 is the best deal, but when you can save $300 on an EOS R5 C Body, why not upgrade? The R5 offers a 45 Megapixel Full-frame sensor and can shoot 8K RAW Video. It’s a powerhouse of a camera and a steal at this price. If you don’t…
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I will be a Groupon stan until I die. I have used their coupons for massages, haircuts, oil changes, and for experiences like a Camel ride in the Sahara while I was in Morocco and a deal on glamping in an Airstream trailer in Joshua Tree. I even found my favorite waxing aesthetician on Groupon.…
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Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.5 billion on its EV business. Ford reported its fourth quarter and full-year earnings on Wednesday, beating Wall Street…
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The keyboard company Qwertykeys has temporaily halted all shipments to the United States in response to President Trump’s tariffs on Chinese goods going into effect. The company says it’s working on ways to mitigate shipping costs and that the tariffs have made it so that “all keyboards from China to the U.S. are now subject…