Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

Posted on February 3, 2025 by Techme101

GoCardless reported a net loss of £35.1 million in the full year ending June 2024, down 55% year-over-year.

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EU kicks off landmark AI law enforcement as first batch of restrictions enter into force

Posted on February 3, 2025 by Techme101

On Sunday, the deadline for prohibitions on certain AI systems and staff technology literacy requirements officially lapsed.

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DeepSeek founder Liang Wenfeng receives a hero’s welcome back home

Posted on February 3, 2025 by Techme101

DeepSeek founder Lian Wenfeng is being hailed as a hero in the southern Chinese province of Guangdong, where he grew up and reportedly returned for the Lunar New Year, joined by bodyguards. Wenfeng—who, at 40, is already a billionaire due to his hedge fund, High-Flyer—is apparently even more beloved by locals following DeepSeek’s breakthrough research, […]
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India expands Aadhaar authentication for businesses, raising privacy concerns

Posted on February 3, 2025 by Techme101

India has expanded its Aadhaar authentication service to let businesses such as those in e-commerce, hospitality, and healthcare use the biometrics of individuals to authenticate their identity.
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Bitcoin slides toward $90,000 after Trump orders tariffs

Posted on February 3, 2025 by Techme101

Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.

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Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein

Posted on February 3, 2025 by Techme101

President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped spur the rise of low-cost retailers, including Temu and Shein.

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Bill Gates has given away billions, but ‘still has more to give’

Posted on February 3, 2025 by Techme101

The Microsoft co-founder says he enjoys giving away his fortune and it won’t leave his kids poor.

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OpenAI unveils a new ChatGPT agent for ‘deep research’

Posted on February 3, 2025 by Techme101

OpenAI is announcing a new AI “agent” designed to help people conduct in-depth, complex research using ChatGPT, the company’s AI-powered chatbot platform. Appropriately enough, it’s called deep research. OpenAI said in a blog post published Sunday that these this new capability was designed for “people who do intensive knowledge work in areas like finance, science, […]
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Dub: the copy trading app that has teens talking

Posted on February 2, 2025 by Techme101

Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard drop-out who began […]
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Apple reportedly launching a new event invite feature code-named Confetti

Posted on February 2, 2025 by Techme101

Apple will be giving iCloud users a new way to invite people to parties, meetings, and other events, according to Bloomberg’s Mark Gurman. The company has code-named the service Confetti, and it could launch as early as this week, Gurman says. There aren’t many details about how it will actually work, but Confetti is reportedly […]
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