January, 2025

January, 2025

Report: Databricks Completes Largest Financing Round Yet, Raising $5 Billion
Databricks has reportedly raised $5 billion in financing, its largest debt raise ever, according to a Monday (Jan. 13) Bloomberg report. The funds were raised from lenders such as Blackstone, Apollo ...

What Is Artificial General Intelligence and Why It Matters to Business
Artificial general intelligence (AGI) represents what many consider the Holy Grail of AI: machines that can understand, learn and apply knowledge across different situations and tasks, at or exceeding...

CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights ...

GoodRx CFO Karsten Voermann to Resign for Personal Reasons
GoodRx Holdings disclosed Monday (Jan. 13) that its chief financial officer, Karsten Voermann, submitted his resignation Tuesday (Jan. 7), effective Friday (Jan. 16). The company attributed the resign...

Global Fintech Adyen Creates Fundraising Campaign for those Affected by LA Wildfires
Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those...

Digital Banking: Hong Kong’s WeLab Bank Reports Steady Business Growth
WeLab Bank announced its achievement of first-time breakeven in Dec of 2024 – which is just over 4 years after its establishment. This milestone exemplifies WeLab Bank’s ability to achieve profita...

B2B Payments Fintech Billtrust Announces 2024 Milestones Supported by AI-Enhanced Innovation
Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust...

Robinhood Target of SEC Enforcement Action, $45 Million in Penalties Paid to Settle Charges
The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and Robinhood Financial LLC. The monetary settlement concerns various charges l...

The Rise of Automated Translation in the Localization Industry: A Q&A With Maria Casta?eda of Lokalise
Lokalise, a cloud-based localization and translation management system, has observed a fascinating shift in how content is being translated and has some intriguing data on the rise of automated transl...

Apple’s latest iPad Mini is down to its lowest price to date
The seventh-gen iPad is the cheapest tablet in Apple’s current lineup to support Apple Intelligence. | Photo...

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January