Category: Uncategorized
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Funding to fintechs continues to decline, but at a slower pace
Welcome to TechCrunch Fintech! This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The… Read more
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Stripe is laying off 300 people, but says it still plans to hire in 2025
Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in product, engineering, and operations roles,” the memo said. Despite the layoffs, Chief People Officer Rob McIntosh said that Stripe intends to still grow its headcount by 17% “to land at… Read more
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Forum software NodeBB joins the fediverse
Before there was social media, there were internet forums. Millions of forum sites continue to operate, which is why it’s notable that one top forum software provider, NodeBB, is now joining the fediverse, also known as the open social web. The fediverse today includes apps like decentralized X rival Mastodon, Instagram alternative Pixelfed, an open… Read more
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Meta will soon let you link your WhatsApp account with Instagram and Facebook
Meta announced on Tuesday that users will soon be able to add their WhatsApp account to their Accounts Center, a hub where users can manage connected experiences across their Facebook, Instagram, and Meta Quest accounts. With this integration, users will be able to cross-post their WhatsApp Status as Stories on Instagram and Facebook, getting rid… Read more
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IMDb founder steps down as CEO after 35 years
IMDb, the Amazon-owned online database that provides information on movies, TV shows, and celebrities, announced on Tuesday that its founder, Col Needham, is stepping down as CEO. Nikki Santoro, who has served as the Chief Operating Officer since 2021, has been appointed as his successor. Santoro’s appointment is significant, as she is the first woman… Read more
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Anthropic plans to release a ‘two-way’ voice mode for Claude
Anthropic CEO Dario Amodei says that the company plans to release a “two-way” voice mode for its chatbot, Claude, as well as a memory feature that lets Claude remember more about users and past conversations. Speaking to The Wall Street Journal at the World Economic Forum at Davos, Amodei also revealed that Anthropic expects to… Read more
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UK plans ‘digital wallet’ for driver’s licenses and other ID, plus a chatbot powered by OpenAI
Alongside its big public push for AI investments, the U.K. government is also playing a virtual card to catapult itself into the 21st century. Today it announced plans to launch a secure digital wallet to manage government-issued credentials, alongside a chatbot — built in collaboration with OpenAI — to interact with the main GOV.UK portal.… Read more
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Mistral AI plans IPO
French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and… Read more
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Toronto school district says 40 years of student data stolen in PowerSchool breach
Canada’s largest school board says hackers may have accessed some 40 years’ worth of student data during the recent PowerSchool breach. In a letter sent to parents this week, the Toronto District School Board (TDSB) said that the data breach affected all students enrolled in the district between September 1985 and December 2024. The school… Read more
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Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment methods aggregator for physical merchants, came out with a €34.5 million ($36.9 million) pre-seed round (mostly debt), which we covered, to expand the BNPL model into other categories. It’s now… Read more