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Fitness hardware brand Polar has introduced a screen-free, subscription-free fitness band.
The Finnish company on Wednesday (Sept. 3) debuted its Polar Loop, which tracks activity, sleep and other health metrics.
“There’s growing demand for more discreet, screenless experiences that fit seamlessly into everyday life,” Polar CEO Sander Werring said in a news release. “This trend has...
Digital identity wallet ID.me raised $340 million across Series E financing, announced Wednesday (Sept. 3), and a credit facility, announced earlier.
The latest financing values that company at over $2 billion, it said in a Wednesday press release.
That valuation is up from the $1.8 billion at which ID.me was valued in November.
ID.me said in the Wednesday release that it will use the...
Artificial intelligence (AI) startup You.com has reportedly raised $100 million in new funding.
The company’s latest funding round values it at $1.5 billion, and is happening amid its ongoing shift from consumer search to more general AI services, Bloomberg News reported Wednesday (Sept. 3).
The company was founded in 2020 as an AI-powered search engine by Richard Socher, who had been...
OpenAI Chief Product Officer Kevin Weil is taking on a new role inside the company that goes beyond product development: He is learning to be an AI researcher while building an internal group, “OpenAI for Science.”
The move comes as former Instacart CEO Fidji Simo assumes responsibility for the startup’s public-facing products as OpenAI’s new CEO of applications. She started at OpenAI...
Weak jobs data released Wednesday (Sept. 3) may make it harder for households living paycheck to paycheck to escape the pressures of their current financial situations.
New jobs promise new income, usually a salary or per-hour bump, as wages overall have been on the rise.
Coming into 2025, PYMNTS Intelligence found that 38% of individuals said they anticipated switching jobs this year...
Digital finance app SoFi has introduced its SoFi Agentic AI exchange-traded fund (ETF).
The ETF, dubbed AGIQ, will invest in American companies that are part of the BITA US Agentic AI Select Index, SoFi announced Wednesday (Sept. 3).
“Emerging market themes can be challenging to capture, especially for new or casual investors—but with the SoFi Agentic AI ETF, investors can easily tap...
Stripe said in comments submitted to the Consumer Financial Protection Bureau (CFPB) that while the regulator finalizes its revisions to the open banking rule, Rule 1033, it should ensure that banks do not “unlawfully charge access fees” for connecting consumers’ bank accounts to the financial products of their choice.
Bloomberg flagged Stripe’s comments Tuesday (Sept. 2), reporting...
OpenAI plans to acquire Statsig, the experimentation platform that powers A/B testing, feature flagging and real-time decisioning for OpenAI and other companies.
Together with the acquisition, Statsig Founder and CEO Vijaye Raji will join OpenAI as chief technology officer of its Applications organization, reporting to Fidji Simo, OpenAI said in a Tuesday (Sept. 2) press release.
The...
Cloudflare said Tuesday (Sept. 2) that information shared in its customer support system should be considered compromised.
The company issued this warning in a Tuesday blog post in which it disclosed that it was affected by a breach of Salesloft’s Drift that allowed someone outside Cloudflare to access the Salesforce instance it uses for customer support and internal customer case...
Two banks were rated “outstanding” and nine were rated “satisfactory” in the latest list of banks examined for Community Reinvestment Act compliance by the Office of the Comptroller of the Currency.
None of the banks whose evaluations were made public in August were rated “need to improve” or “substantial noncompliance,” the OCC said in a Tuesday (Sept. 2) press release.
“Under the CRA...