Author Archives: Techme101

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.

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Buy Now Pay Later (BNPL) Explained: Benefits, Risks, & How It Works

Customers choose BNPL for its convenience, giving even low-income individuals nearly instant zero interest and zero collateral loans.

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SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.

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Google Whisk, an image remixing tool, is now available in 100+ countries

Notably, the image tools are not available in countries and regions like India, Indonesia, the EU, and the U.K. © 2024 TechCrunch. All rights reserved. For personal use only.

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Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image

Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.

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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible … Continue reading

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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.

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Law firm restricts AI after ‘significant’ staff use

The chief technology officer of Hill Dickinson warned of the use of AI tools.

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Federal workers sue Elon Musk and DOGE to cut off data access

Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data. © 2024 TechCrunch. All rights reserved. For personal use only.

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Super Micro ‘confident’ it will meet SEC deadline and reach $40 billion next fiscal year

Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.

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