Tupperware Moves U.S. Operations to Mexico
Tupperware to close last U.S. plant, affecting 148 workers. Operations will move to Lerma, Mexico for cost efficiency. Company strives…
Aim Security Raises $18 Million for AI Cybersecurity
Aim Security raised $18 million in Series A funding. Platform addresses AI-related data and security issues. High-profile cyberattacks underscore need…
Constructor Secures $25M for AI Advancements
Constructor gets $25M for AI product discovery. The platform boasts a 98.5% customer retention rate. New AI Shopping Assistant enhances…
Synapse Bankruptcy Shakes FinTech Sector
Synapse bankruptcy impacts over 100,000 U.S. end-users. Investigations reveal an $85 million shortfall. Commingled funds complicate recovery efforts.
Chris Bracken Assumes Role of Momnt CEO
Chris Bracken is promoted to CEO of Momnt. Embedded lending gains traction globally, especially in Japan and Australia. Significant opportunities…
Amazon and Microsoft Invest in India’s AI Sector
India attracts major AI investments from Microsoft and Amazon. Microsoft to build data centers, Amazon to enhance cloud infrastructure. Shift…
FSB Examines Stablecoin Risks in Emerging Markets
FSB focuses on stablecoin challenges in emerging markets. MiCA regulations aim to protect consumers and foster innovation. Global regulatory harmonization…
Microsoft Reinforces Wisconsin Data Center Development
Microsoft invests $3.3 billion in Wisconsin data center. Data centers drive both renewable and fossil fuel energy demands. Renewable energy…
Bankruptcy of Synapse Shakes FinTech World
Synapse's bankruptcy reveals $85 million shortfall. Operational and governance failures are central issues. Regulators to introduce stricter guidelines for FinTechs.
Apple Delays AI Rollout Until Next Year
Apple delays AI rollout for quality and resource management. Initial release includes American English with limited devices. AI integration aims…
