Enterprise

In an audacious move fatefully tethered to its flagging stock, Block, under the helm of Jack Dorsey, is diving deep into consumer lending through its banking subsidiary, Square Financial Services. The company has recently received the green light from the Federal Deposit Insurance Corporation (FDIC) to underwrite its own loans, a significant transition that seeks
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In an exciting twist that may significantly reshape the landscape of technological innovation, the startup ecosystem is experiencing a profound transformation landscape, propelled by the unmatched capabilities of artificial intelligence. At the recent Y Combinator (YC) demo day in San Francisco, a staggering 80% of the presenting startups indicated an unwavering focus on AI, signaling
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The announcement of Lip-Bu Tan as Intel’s new CEO has sent ripples through the tech industry, igniting urgent conversations about executive compensation at a time when corporate ethics are under increased scrutiny. As Tan prepares to assume his role, he will do so with a mind-boggling compensation package totaling approximately $67 million, which includes a
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The ongoing turbulence in the economic landscape is sending shockwaves through the financial technology (fintech) sector, with the impact felt acutely in companies that cater to consumer spending and small to medium-sized businesses. The recent downturn in the Nasdaq, which plummeted by 2.1%, exemplifies broader stock market anxieties. However, fintech stocks like Shift4, Toast, and
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In a landscape marred by stagnation and fierce competition, Intel’s recent appointment of Lip-Bu Tan as CEO has sent ripples of optimism through the tech sector. After a turbulent stint under Pat Gelsinger, marked by declining revenues and an inability to dominate the burgeoning artificial intelligence (AI) revolution, the tech giant finds itself at a
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