Klarna Plans New York IPO in First Half of 2025
Klarna plans New York IPO for first half of 2025. The company shows revenue growth and profitability improvements. Strategic partnerships…
Hacker Receives Prison Sentence for Laundering Bitcoin from Bitfinex Heist
A hacker was sentenced to prison for laundering Bitcoin stolen from Bitfinex. 119,754 bitcoins were transferred to a controlled wallet…
Alibaba Reports Growth in Retail and Cloud Sectors Driven by AI
Alibaba's AI-driven strategy boosts retail and cloud business growth. Merchant adoption of AI tools increases on Taobao and Tmall platforms.…
Technological Advancements Drive B2B Innovation While Compliance Remains Crucial
B2B innovation is driven by blockchain, AI, and embedded finance. Compliance becomes central as technology and regulations evolve. Strategic compliance…
Ford Faces $165 Million Penalty Over Delayed Recall
NHTSA fines Ford $165 million for delayed vehicle recall. Ford's penalty is tied to rearview camera issues in vehicles. Funds…
Musk Allegedly Claims OpenAI, Microsoft Suppress Competition in AI
Elon Musk added antitrust claims to his lawsuit against OpenAI. Musk accuses OpenAI and Microsoft of suppressing AI competition. OpenAI's…
Private Credit Market Faces Potential Risks as Valuations Show Discrepancies
Private credit sees rapid growth, raising potential bubble concerns. Inconsistent valuations suggest risk management challenges in the sector. Experts urge…
Dutch Startups Secure Innovation Awards at CES 2025
Dutch startups will participate at CES 2025 in Las Vegas. Six startups received the prestigious Innovation Award. The government supports…
Advance Auto Parts Plans Strategic Store Closures to Boost Productivity
Advance Auto Parts plans to close 523 corporate stores in the U.S. The move aims to boost operational productivity amid…
Wyden Secures $16.9M for Digital Asset Trading Expansion
Wyden raised $16.9M in a Series B funding round. Expansion focuses on regulatory-compliant markets and team growth. Truffle Capital and…
