Enterprise

This week marks a significant milestone in the realm of biometric identity verification with the launch of World in the U.K. Spearheaded by OpenAI CEO Sam Altman, World employs a unique spherical eye-scanning device, aptly named the Orb. It aims to authenticate human identity in a world increasingly plagued by deepfakes and other forms of

Omada Health has leapt into the public market with its initial public offering (IPO) priced at a solid $19 per share, an indication that investors see potential amidst the complexities of the healthcare landscape. With a goal of raising $150 million by offering 7.9 million shares, the firm, which specializes in virtual chronic care solutions,

When the Nintendo Switch 2 launched, it was not just another gaming console; it was a phenomenon, igniting waves of excitement among gamers and stock investors alike. With the original Switch skyrocketing to nearly 152 million units sold, expectations were astronomically high. But one has to wonder: is this frenzy for the Switch 2 a

The recent political escapade involving Jared Isaacman, the CEO-turned-executive chairman of Shift4 Payments, is a textbook case of the unpredictable nature of contemporary politics in America. After President Donald Trump abruptly pulled Isaacman’s nomination for a position at NASA, it stirred a myriad of reactions across the political spectrum. Isaacman expressed that his brief political

In a move that signifies the evolution of a fintech giant, Klarna, renowned predominantly for its “buy now, pay later” services, has unveiled its plan to broaden its operational scope by launching the Klarna Card. This new venture isn’t merely an addition to its existing offerings; it represents a strategic pivot aimed at reshaping Klarna’s

The electric vehicle (EV) industry is witnessing seismic shifts, particularly among Chinese manufacturers. Companies like Leapmotor and Aito are showcasing astonishing growth reported from their May deliveries. Leapmotor, with its backing from Stellantis, launched an updated C10 model that has taken the market by storm, achieving a staggering 148% increase in year-on-year deliveries by selling

In an era where technological evolution often dictates market dynamics, the meteoric rise of Bitcoin as a treasury asset has shifted the landscape of corporate finance dramatically. Companies once skeptical of cryptocurrencies are now jumping on the bandwagon, desperate to harness the potential that digital assets like Bitcoin offer. This trend began with Strategy, formerly

Tesla’s stock is a curious creature, oscillating wildly between euphoric highs and crushing lows. In May 2023, the shares surged dramatically, soaring over 20% despite glaring weaknesses in sales figures in crucial markets like China and Europe. This phenomenon begs the question: what exactly is fueling this apparent optimism in the face of dismal sales?

Elon Musk’s brief yet impactful involvement in the Trump administration as the head of the Department of Government Efficiency has captured attention not just for its substance, but also for the myriad contradictions inherent in his dual roles as a business icon and public servant. While Musk champions a vision of streamlined government aimed at

In a jarring revelation that encapsulates the pitfalls of rapid expansion in the fintech industry, Starling Bank has reported a staggering 26% decline in annual profits, as it grapples with the fallout from both regulatory missteps and questionable lending practices put in place during the pandemic. The UK-based digital lender, lauded for its user-friendly mobile