Technology

Tom Light, CEO of FIRST: Building a Tier 1 B2B Sports Betting Technology Company

Discover how FIRST, led by CEO Tom Light, is becoming a leading B2B sportsbook provider with scalable technology powering operators across regulated markets.

Henkel Acquires Olaplex for $1.4 Billion in Strategic Haircare Deal

Henkel announces acquisition of Olaplex for $1.4 billion, strengthening its position in the premium haircare market. Details on deal terms, strategic rationale, and future operations.

ECB Signals Readiness for Rate Hikes Amid Inflation Fears Fueled by Iran Conflict

The ECB is considering interest rate hikes due to surging inflation, exacerbated by the Iran conflict. Learn about the key factors influencing the ECB's decision and market expectations.

Tom Light, CEO of FIRST: Building a Tier 1 B2B Sports Betting Technology Company

Discover how FIRST, led by CEO Tom Light, is becoming a leading B2B sportsbook provider with scalable technology powering operators across regulated markets.

Fed’s Barr Signals Prolonged Rate Hold Amid Stubborn Inflation and Geopolitical Risks

Federal Reserve Governor Michael Barr signals a prolonged period of steady interest rates due to persistent inflation and rising oil price risks, emphasizing the need for sustained disinflationary evidence before considering rate cuts.

SEC Chair Calls for Overhaul of Crypto Regulation Amid Industry Growth

SEC Chair Paul Atkins stated that innovation in the cryptocurrency industry has been hindered over the past several years, urging the need for substantial...

Elon Musk’s xAI Seeks $20 Billion Funding Round to Boost AI Expansion

Elon Musk's xAI Holdings is reportedly in discussions with investors to raise $20 billion, which would value the company at over $120 billion. This...

Elon Musk’s xAI Eyes $20 Billion Funding Round Amid AI Expansion

Elon Musk’s artificial intelligence venture, xAI Holdings, is reportedly in advanced discussions with investors to secure a new round of funding totaling approximately $20...

How Businesses Can Successfully Manage Global Mass Payouts

As businesses expand globally, financial transactions become more complex, requiring efficient methods for handling payments at scale. Mass crypto payouts are gaining traction as...

Revolut Hits $1 Billion Profit as It Prepares UK Bank Launch

British fintech firm Revolut has reached a major milestone, announcing a net profit of £1.1 billion ($1.5 billion) for the year ending December 31,...

Adobe to Launch Mobile Version of AI Image Generator Firefly

Adobe has announced plans to launch a mobile version of its Firefly AI image generation tool, enhancing its challenge to competitors like OpenAI. At...

South Korea Investigates DeepSeek for Unauthorized Data Transfers

South Korea's data protection authority, the Personal Information Protection Commission (PIPC), has determined that Chinese AI startup DeepSeek collected personal data from local users...

ServiceNow Shares Surge After Strong Q1 Results and Upbeat Forecast

ServiceNow saw its shares surge more than 15% after posting stronger-than-expected first-quarter results and issuing an optimistic full-year forecast, despite the ongoing macroeconomic uncertainties....

Meta Lays Off Employees in Reality Labs as It Restructures for Future VR and AR Growth

Meta has made significant layoffs in its Reality Labs division, which focuses on developing virtual reality (VR), augmented reality (AR), and related wearable devices....

Waymo Surpasses 250,000 Weekly Robotaxi Rides as It Expands in the U.S.

Alphabet's autonomous vehicle division, Waymo, has hit a new milestone, now delivering more than 250,000 paid robotaxi rides per week across the United States....

Intel Warns of Recession Risks Amid Tariff Uncertainty and Trade Disruptions

Intel’s Chief Financial Officer David Zinsner warned that rising tariffs imposed by the U.S. and retaliatory measures from other countries are significantly increasing the...

Alphabet Flags Ad Headwinds Amid Tariff Uncertainty and Global Economic Jitters

Alphabet, the parent company of Google, acknowledged potential challenges to its core advertising business as global economic uncertainty, fueled by President Donald Trump’s new...

BMW to Integrate DeepSeek AI in China-Made Vehicles Starting This Year

BMW has announced plans to incorporate artificial intelligence developed by Chinese startup DeepSeek into its new vehicle models in China beginning later this year....

Chinese Authorities Urge E-Commerce Platforms to End Refund-Without-Return Policy

Chinese authorities have directed e-commerce platform operators to cease the practice of refunding customers without requiring the return of goods, in an effort to...

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