Last year wasn't an easy one for European fintech giant Klarna. The company saw its valuation being truncated in an $800 million funding round, and coverage of its 2022 results focused on contrasting ...
Shares of edtech company Chegg still haven't recovered from their dive earlier this month. As you may recall, its stock fell off a cliff after the company reported its Q1 results.While Chegg beat anal...
Skyflow, a data-privacy startup, announced Friday that it has expanded the number of markets where it offers data residency support for companies that need to keep certain information inside defined b...
Netflix's crackdown on password sharing is now beginning to roll out to U.S. subscribers and other global markets, after a delayed launch. The streamer had originally planned to introduce "paid sharin...
It wasn't a surprise to learn that former scooter unicorn Bird is pursuing a reverse stock split. The company isn't treading new ground here -- it isn't the only tech firm that has IPO'd in the past c...
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million commitment for on-chain liquidity,...
The beginning of the COVID-19 pandemic prompted large numbers of city dwellers to reconsider their housing choices, with many opting to move out of their cramped apartments, and into houses with outdo...
While rapidly rising interest rates in the United States have caused more than a few financial institutions to topple, a group of well-known fintech companies are posting signs of a comeback.Both Coin...
Yesterday, a former Coinbase product manager, Ishan Wahi, was sentenced to two years in prison for running the first cryptocurrency insider trading scheme investigated by the United States Department ...
(Photo by Win McNamee/Getty Images)* Law school deans scrambling to save the LSAT, seeking a rule requiring no more than 25 percent of grads admitted without a test. You know, before y'all blew them o...
Shares of Lyft are off sharply this morning, falling nearly 20% in early trading. The company's equity is selling off in the wake of the U.S. ride-hailing giant's first quarter results and its comment...
It appears things are not going well for startups these days.Down rounds, or a funding round in which a startup raises capital at a lower valuation than its last investment, have become more common th...
[photo1]Andy GreenbergA decade ago, US law enforcement was content to swat down a dark web black market for drugs and send its dealers and buyers scrambling to the next biggest anonymous online bazaar...
[photo1]Ed. note: Welcome to our daily feature, Quote of the Day.Everybody agrees the future is bright. It's just--when does that future start?-- Kent Zimmermann, legal manage...
Meta announced today that it will be phasing out onboarding of new Shops without checkout on Facebook and Instagram enabled. Beginning April 24 of next year, Shops without checkout on Facebook and Ins...
Smile Identity, a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian developer of identi...
Certain non-Tesla vehicles in China can now charge at selected Superchargers, the company said Tuesday. The expanded access will also be available at certain destination charging points, which are wal...
For a single year, it appeared that the venture gambit was going to work out: hundreds of startups hoped to be worth billions on paper and exit in good order. Sadly for investors and founders alike, t...
When the global pandemic hit, independent restaurants and shops that didn't already have an online ordering system in place found themselves scrambling to keep operations going when consumers no longe...