As World, a biometric identity verification system co-founded by OpenAI CEO Sam Altman, gears up for launch in the UK, the air is thick with anticipation. Utilizing a spherical eye-scanning device known as the Orb, the project purports to scan irises and faces to assign a unique biometric code, effectively distinguishing humans from AI. Yet,
Enterprise
In recent weeks, the tech IPO market has slowly started to breathe again, offering a glimmer of hope for investors weary from a long drought. Among these newcomers is Omada Health, which priced its initial public offering at $19 per share, neatly nestled in the expected valuation range. While at first glance, this might seem
The launch of the Nintendo Switch 2, following the massive success of its predecessor, has reignited a passionate debate among gamers and analysts alike. With the original Switch selling over 152 million units globally, one would naturally expect the hype surrounding its successor to reach heightened heights. Special store openings, fevered fans camping out for
Jared Isaacman, the self-made billionaire and founder of Shift4 Payments, recently found himself at the center of a political whirlwind when his nomination for a NASA role was abruptly withdrawn by President Donald Trump. This event, which unfolded just days after his nomination was made public, raises significant questions about the interplay of ambition, political
The entry of Klarna into the debit card realm with its new Klarna Card is not just another minor shift in the fintech landscape; it represents a significant pivot in the way consumers engage with their finances. Klarna, once synonymous with the “buy now, pay later” (BNPL) phenomenon, now aims to reshape its identity in
In a landscape where sustainability meets vehicular innovation, the Chinese electric vehicle (EV) sector finds itself in a duel of survival and dominance. Companies like Leapmotor and Aito have emerged as the titans of this battlefield, reporting staggering delivery numbers that underscore a ferocious pricing war. With Leapmotor delivering 45,067 vehicles in May—that’s a 148%
The financial landscape is undergoing a seismic shift, with Bitcoin emerging as a formidable player. The landscape once dominated by traditional asset classes is now being peppered with corporate treasuries adopting Bitcoin. The market capitalization of Strategy (formerly MicroStrategy) soaring past $80 billion served as a catalyst, but now the narrative is changing. Companies like
In a perplexing twist of market psychology, Tesla’s shares witnessed a remarkable rally of over 20% in May, juxtaposed against an alarming backdrop of dwindling sales figures in critical markets like China and Europe. On the surface, this surge appears illogical, raising doubts about whether investor optimism can be sustained in the face of stark
Elon Musk’s brief yet transformative involvement in government succinctly embodies both the promise and pitfalls of unconventional leadership. As an entrepreneur at the helm of Tesla and SpaceX, Musk presented an alternative vision for governmental efficiency during his time in the Department of Government Efficiency. His departure marks not just the end of a chapter
Starling Bank’s recent financial report has sent shockwaves through the fintech community, revealing a concerning decline in annual profit. With a profit before tax of £223.4 million ($301.9 million) for the fiscal year ending March 31, 2025, the bank has suffered a staggering 26% drop compared to the previous year. Such a decline is not