Back in August, Google said it would be using Gemini large language models to improve Assistant on smart speakers/displays with better responses and a new voice. This is beginning to roll out for some users and commands. Depending on the command, some Nest users are hearing different voices today. (We’re not seeing this on devices […]
A Delaware judge issued an opinion Monday upholding an earlier ruling that voided a $56 billion compensation package, proposed in 2018, for Tesla CEO Elon Musk. Musk’s legal team challenged the January ruling by Chancellor Kathaleen McCormick of Delaware’s Court of Chancery citing, in part, the outcome of a June vote by Tesla shareholders that […]
Tesla CEO Elon Musk on Monday lost his bid to get his 2018 CEO pay package reinstated when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted. The package, worth about $56 billion, was the largest compensation plan in U.S. history for a public company executive. Tesla said in a post on social […]
The Chinese government has slammed America’s introduction of fresh export controls on US-made semiconductors that Washington fears Beijing could use to make the next generation of weapons and artificial intelligence (AI) systems. The new measures, unveiled by the outgoing Biden administration, have raised the political temperature between the world’s top two economies ahead of the […]
FinTech and crypto investor Marc Andreessen kicked off a firestorm over the weekend by alleging, on Joe Rogan’s podcast, that those two sectors — and dozens of companies backed by his namesake firm, Andreessen Horowitz — were being fundamentally “debanked” by U.S. financial institutions (FIs). “Did you know that 30 tech founders were secretly debanked?” tweeted Elon Musk […]
JP Morgan analyst Reginald L. Smith noted that 2024 was a tale of two halves for fintech stocks. After a lagging start to the year, the aggregate market cap of the analyst’s fintech coverage universe has increased more than $65 billion since mid-September, fueled by cheerful calendar third-quarter 2024 results and management commentary, two rate […]
Payless launches its game-changing Bank-to-Payless feature, redefining youth-friendly mobile payments in Kenya. The feature simplifies direct transfers, reflecting Kenya’s rapid adoption of fintech and mobile banking solutions. With a young, tech-savvy customer base in mind, Payless is positioning itself as the next big thing in African fintech. Swiping Right on Simplicity Kenya’s Payless has dropped […]
The deal will give the building society millions of customers and about £89 billion in assets. First announced in May, the acquisition is expected to complete on 1 January 2025 after Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) approval. The process of joining the two is expected to take several years, with […]
DETROIT — Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board of directors, the company said Sunday. The world’s fourth-largest carmaker said its board accepted Tavares’ resignation on Sunday. His departure is effective immediately. Jeep-maker Stellantis said its process to appoint a new CEO […]
President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face 100% tariffs during his administration. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by […]
e& Enterprise, the digital services provider in the Middle East, is joining forces with Cloudera, the hybrid platform for data, analytics, and AI, in a move to accelerate digital transformation using advanced AI and data management capabilities to foster innovation and drive business growth across the region. Through the new agreement, Cloudera and e& Enterprise […]
The inclusion of the Norwegian krone in Tips is planned for the first half of 2028, following the Swedish krona and Danish krone, which will arrive next year. The move will enable market participants in Norway to settle payments instantly, around the clock and in central bank money. Norges Bank governor Ida Wolden Bache says: […]
