Sources: last week, Meta fired ~24 staff in LA for using $25 meal credits to buy household items, as it restructures WhatsApp, Instagram, and Reality Labs teams
The terminations took place last week, just days before the $1.5tn social media company separately began restructuring certain …
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams
The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams
The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams
The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
A surge in alleged scams poses a serious image problem for Revolut, which faces more complaints than all its UK rivals facing authorized push payment scams
The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.
The UK's rules to curb online payment scams, set to roll out on October 7, 2024, face backlash from financial firms, including over insufficient time to adjust
- Critics say firms aren't fully prepared, warn of more frauds — Hundreds of financial firms are struggling to comply …
Revolut's 2023 revenue almost doubled to £1.8B after interest income grew from £83M in 2022 to £500M; auditor BDO gave Revolut's accounts a clean bill of health
- UK fintech's interest income jumps sixfold to £500 million — Auditor BDO gives financial accounts a clean bill of health
Sources: the Sequoia-Klarna spat stemmed from Klarna co-founders Sebastian Siemiatkowski and Victor Jacobsson, dragging Michael Moritz and Sequoia into the fray
- Disputes within Klarna spilled over into high-profile VC drama — Sequoia backtracked on plans to boot Moritz from board X: @aishagani and @aishagani X: Aisha S Gani / @aishagani...
Sources: the Sequoia-Klarna spat stemmed from Klarna co-founders Sebastian Siemiatkowski and Victor Jacobsson, dragging Michael Moritz and Sequoia into the fray
- Disputes within Klarna spilled over into high-profile VC drama — Sequoia backtracked on plans to boot Moritz from board X: @aishagani and @aishagani X: Aisha S Gani / @aishagani...
OnlyFans exec Keily Blair says the platform wants to move away from its “secretive” past, engage with lawmakers and journalists, and expand beyond adult content
OnlyFans Ltd. executives have mapped out a plan to become more transparent and highlight less-explicit content …
OnlyFans exec Keily Blair says the platform wants to move away from its “secretive” past, engage with lawmakers and journalists, and expand beyond adult content
OnlyFans Ltd. executives have mapped out a plan to become more transparent and highlight less-explicit content …
Klarna reports H1 revenue rose 24% YoY to ~$950M as its net loss more than trebled YoY to ~$581M, driven by admin expenses; cash reserves halved to ~$876M
Klarna Bank AB said spending on its platform increased in the first half of the year, along with losses, as it invested in expanding in the US.
Klarna reports H1 revenue rose 24% YoY to ~$950M as its net loss more than trebled YoY to ~$581M, driven by admin expenses; cash reserves halved to ~$876M
Klarna Bank AB said spending on its platform increased in the first half of the year, along with losses, as it invested in expanding in the US.
Orlando-based Stax, which offers flat-fee subscriptions for processing business payments, raises $245M from investors including Blue Star at a $1B+ valuation
Aisha S Gani / Bloomberg :
Apple pauses all product sales in Russia, removes RT News and Sputnik News from the App Store outside Russia, and disables Apple Maps' live traffic in Ukraine
Apple today confirmed that it has stopped all product sales from its online website in Russia, which means customers in Russia …
Meta says it “will be restricting access to RT and Sputnik across the EU at this time” following requests from several governments and the EU
How researchers are using AI to analyze the undeciphered ancient script of the Indus Valley Civilization, and the challenges of deciphering long-lost languages
Scholars have spent a century trying to decipher ancient Indus script. Machine learning may finally help make sense of it all.
Russia says its deep packet inspection tech is now installed at 500 telco locations, covering 100% of mobile traffic and 73% of broadband
Russia's boldest moves to censor the internet began in the most mundane of ways — with a series of bureaucratic emails and forms.