Crypto payments company MoonPay looks to compete with Stripe with Iron stablecoin acquisition
MoonPay, a leading crypto payments company, has acquired Iron, an API-driven startup specializing in stablecoin infrastructure.
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Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort
Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.
Meta's Community Notes will use open-source technology from Elon Musk's X
Meta revealed more details of Community Notes, and said that it incorporates the same open-source algorithm that powers X's crowdsourced feature.
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
Meta goes to arbitrator to prevent whistleblower from promoting tell-all book
An emergency arbitrator ruled that former Meta staffer Sarah Wynn-Williams is prohibited from promoting memoir of her tenure at the social media company.
Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.
FTC reverses course, says it has resources to pursue Amazon deceptive practices case
The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
Tesla bounces for second day after steepest drop since 2020
The electric vehicle company has shed more than 40% in market value since President Donald Trump took office.
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.
Ailing Swedish EV battery firm Northvolt files for bankruptcy
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.
Reddit rallies after three-day slump as analyst calls sell-off 'excessive'
Reddit shares rose more than 10% following an analyst note on Tuesday that said the company's shares remain "extremely attractive."
Waymo expands its robotaxi service again, this time to parts of Silicon Valley
With the expansion, Waymo will now take passengers around Mountain View, Los Altos, Palo Alto and parts of Sunnyvale, California.
Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS
Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round led by Moderne Ventures.
Digital physical therapy provider Hinge Health files for IPO
Digital physical therapy startup Hinge Health filed its IPO prospectus with the SEC on Monday.
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.
Oracle misses on earnings and issues weak revenue guidance
Oracle missed analysts' expectations for the third quarter.
Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%
Dustin Moskovitz, the CEO of Asana, will retire from the software company he co-founded in 2008.
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.
