As economic uncertainty spreads across various sectors of the stock market, fintech companies find themselves in a particularly precarious position. Their close ties to consumer spending and small and medium-sized enterprises (SMEs) make them highly susceptible to shifts in both market sentiment and economic policy. Recent data paints an alarming picture: the Nasdaq index plummeted
Enterprise
The Federal Trade Commission (FTC) recently made headlines when it sought a delay in its legal battle against Amazon, arguing that it lacks the necessary resources to proceed effectively. This request, presented in a Seattle courtroom during a status hearing before Judge John Chun, underscores a more significant concern: the FTC’s operational constraints amidst a
In a move that could considerably reshape the estate planning landscape, Trust & Will has successfully secured $25 million in its Series C funding round. Based in San Diego, this forward-thinking legal technology firm, which impressively ranked No. 41 on CNBC’s Disruptor 50 list, has now amassed a total of $75 million in funding. The
Oracle Corporation, known for its software and cloud solutions, unveiled its quarterly financial results recently, which fell short of Wall Street’s expectations. The company reported adjusted earnings per share (EPS) of $1.47, just shy of the anticipated $1.49. Revenue also missed the forecast, coming in at $14.13 billion compared to an expected $14.39 billion. While
Tesla’s recent stock performance paints a stark picture of turmoil for one of the world’s leading electric vehicle manufacturers. For a significant seven-week stretch, coinciding with Elon Musk’s intersection with the Trump administration, shares have plunged to unprecedented lows. Tesla’s stock closed at $270.48 last Friday, marking the longest slump in its 15 years of
As social media landscapes evolve, one might expect traditional giants like Meta’s Facebook to gracefully navigate the waves of change. Yet, recent data paints a vivid picture of a struggle, particularly among younger users. According to a Pew Research study from 2024, only 32% of U.S. teens are logging into Facebook, a stark decline from
In a bold and unprecedented move, President Donald Trump has initiated the formation of a Strategic Bitcoin Reserve, a decision that represents a pivotal moment in the United States’ relationship with digital currencies. This decree embodies not merely a tactical monetary policy adjustment, but a visionary step toward recognizing bitcoin’s standing in the global financial
On Tuesday, a significant disruption in Oracle’s Federal Electronic Health Record (EHR) system sent ripples across various U.S. government health services. Specifically, the Department of Veterans Affairs (VA) acknowledged a nationwide outage that impacted all users, including the Department of Defense and the Coast Guard, highlighting a serious vulnerability in a digital landscape meant to
In a surprising turn of events, Digg, once a titan in the online news aggregation space, is gearing up for a formidable comeback with the involvement of Alexis Ohanian, co-founder of Reddit. Partnering with Kevin Rose, who originally launched Digg in 2004, this new ownership aims to breathe fresh life into a platform that once
Recent allegations against Malaysian companies concerning fraudulent activities linked to the movement of Nvidia chips highlight a significant governance issue that could tarnish Malaysia’s image in the tech domain. The purported fraud appears to be centered around Nvidia’s artificial intelligence chips that are allegedly funneled from Singapore to China, raising red flags about the integrity