Elon Musk’s artificial intelligence (AI) startup xAI reportedly raised $5 billion in a funding round, valuing the company at $50 billion. The new financing brings the...
Nubank — the digital challenger bank that recently became the most valuable bank in Latin America — reportedly is considering moving its legal base to...
The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to...
Enterprise spending on generative artificial intelligence (AI) increased sixfold in 2024 as businesses began implementing the technology after first experimenting with it. This spending reached...
By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing...
The Federal Trade Commission (FTC) is sending over $140,000 in refunds to consumers after taking action against companies that it alleged made false claims that...
Coinbase Wallet has begun letting users of its USDC stablecoin earn rewards. USDC Rewards, announced Wednesday (Nov. 20), lets Coinbase Wallet users earn 4.7% APY...
Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” In a written statement on...
LendingTree has teamed with Coverdash to offer insurance coverage to its small business and startup customers. The collaboration, announced Wednesday (Nov. 20), expands LendingTree’s financial product suite to allow small...