Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL

Posted on February 12, 2025 by Techme101

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is […]
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Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market

Posted on February 12, 2025 by Techme101

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.

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Law firm restricts AI after ‘significant’ staff use

Posted on February 12, 2025 by Techme101

The chief technology officer of Hill Dickinson warned of the use of AI tools.

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Federal workers sue Elon Musk and DOGE to cut off data access

Posted on February 12, 2025 by Techme101

Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data.
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Super Micro ‘confident’ it will meet SEC deadline and reach $40 billion next fiscal year

Posted on February 12, 2025 by Techme101

Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.

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Founders Fund is about to close another $3B fund

Posted on February 12, 2025 by Techme101

Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and  Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio […]
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The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’

Posted on February 11, 2025 by Techme101

The “cease work” order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google.

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Federal Workers Launch New Lawsuit to Fight DOGE’s Data Access

Posted on February 11, 2025 by Techme101

The Electronic Frontier Foundation filed the complaint on behalf of US federal workers, arguing that DOGE’s data access is illegal and should be cut off.

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Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

Posted on February 11, 2025 by Techme101

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.

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Amazon opens beauty and personal care store in Italy as part of brick-and-mortar expansion

Posted on February 11, 2025 by Techme101

Amazon has continued to tweak its physical store footprint over the years, opening and closing bookstores, cashierless convenience marts and clothing stores.

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