Author Archives: Techme101

Chestnut Carbon gets $160M to turn old farms into forests

Posted on February 12, 2025 by Techme101

The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. © 2024 TechCrunch. All rights reserved. For personal use only.

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EU abandons ePrivacy, AI liability reforms, as bloc shifts focus to competitiveness & data access for AI

Posted on February 12, 2025 by Techme101

A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover … Continue reading →

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A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K

Posted on February 12, 2025 by Techme101

As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty … Continue reading →

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Binance Moved Fast, Broke Things—and Paid the Price. Richard Teng Is Cleaning Up

Posted on February 12, 2025 by Techme101

After former Binance CEO Changpeng Zhao went to prison, Richard Teng set out to show that the crypto exchange is now on its best behavior.

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

Posted on February 12, 2025 by Techme101

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

Posted on February 12, 2025 by Techme101

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

Posted on February 12, 2025 by Techme101

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

Posted on February 12, 2025 by Techme101

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

Posted on February 12, 2025 by Techme101

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

Posted on February 12, 2025 by Techme101

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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