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Report: Chime Set to Launch IPO Thursday, Aiming for $11 Billion Valuation
Chime Financial is reportedly expected to launch its initial public offering (IPO) Thursday (June 12). [contact-form-7] When it does so, the FinTech company is expected to be valued at more ...

Report: ‘Vibe Coding’ Startup Lovable in Talks to Raise $100 Million
Lovable, an artificial intelligence (AI) startup that enables “vibe coding” to streamline software development, is reportedly in talks to raise at least $100 million at a valuation of at least $1....

LVMH Deploys AI Tools Across Operation, Seeking Efficiency and Customer Retention
Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention. [contact-form-7] The company...

ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge
ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. Th...

Why publishers should shift to selling agents, not ads
Michael Rubenstein, co-founder and co-CEO, Firsthand The old model is breaking. Digital media’s foundational ad model — capturing attention and monetizing it through volume — is no longer sus...

OpenAI Annual Recurring Revenue Leaps 82% Compared to Last Year
OpenAI reportedly reached $10 billion in annual recurring revenue (ARR), up 82% from $5.5 billion in 2024. [contact-form-7] The $10 billion encompasses the artificial intelligence company’...

Accounting Firm RSM US to Invest $1 Billion in Agentic AI
RSM US LLP, a provider of assurance, tax and consulting services for middle-market companies, will invest $1 billion over the next three years to integrate agentic artificial intelligence (AI). [...

Melco to shutter four Macau casinos to comply with new regulations
Melco Resorts & Entertainment has announced plans to close its satellite venue, Grand Dragon Casino, and three Mocha Clu...

US Crypto Stocks to Watch: Circle Debut and Wall Street Analysis
Crypto US stocks show mixed performance as investor attention shifts between IPO excitement and index rebalancing disapp...

How Embedded Finance, AI and Automation Are Redefining B2B Payment Networks
Since the inception of the paper check, B2B payments have traditionally gotten the short end of the stick when it came to subsequent innovations in payments. [contact-form-7] In the consume...