Chime acquires Stride Bank for $590M in major fintech consolidation move
Fintech company Chime announced its acquisition of nationally chartered Stride Bank for $590 million, with Chime's shares rising on the news.
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Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
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DOJ Expands Investigation Into Fox's Roku Distribution Deal
The US Department of Justice has widened its probe into Fox's distribution agreement with Roku, according to reporting by Semafor, signaling increased regulatory scrutiny of the media company's streaming partnerships.
Why young adults should write a will—even with little to leave
A 27-year-old woman shares why she wrote a will despite her age, challenging misconceptions that wills are only for the wealthy or elderly. Experts say unexpected life events and digital assets make early will-writing practical for all young adults.
Napier superette owner faces bankruptcy after nine months of roadworks
A Napier superette owner faces potential bankruptcy after nine months of roadworks reduced customer access, forcing him to sell family assets to cover mortgage arrears.
Paramount Demands $1.88B Bond as California Blocks Warner Bros. Merger
Paramount demands California and other states post a $1.88 billion bond to cover potential damages if their antitrust lawsuit against the Warner Bros. merger fails, while the company explores asset sales.
Sam Altman: la IA aumentará productividad, pero no acortará la jornada laboral
Sam Altman sostiene que la mayor productividad por IA no derivará automáticamente en jornadas más cortas. Estudios de Stanford y Berkeley muestran que las herramientas amplían tareas y responsabilidades en lugar de liberar tiempo.
Redes de food service se adaptam ao boom das canetas emagrecedoras
Franquias de alimentos como Pastel do Bairro e Pizza Prime desenvolvem estratégias para enfrentar queda no consumo causada pela popularização de medicamentos GLP-1, que cresceu 239% no Brasil.
LIV Golf Files for Chapter 11 Bankruptcy in New Jersey
LIV Golf, the Saudi-backed golf league, has filed for Chapter 11 bankruptcy in New Jersey, marking a significant financial restructuring for the controversial sports venture.
Novartis Stock Plunges 10% After Third Drug Trial Failure in a Week
Novartis shares fell 10% after the company experienced three major drug pipeline setbacks in one week, including a Phase 3 failure for an Avidity acquisition targeting dystrophy.
Study: ICE raids cost Chicago $1.26B in lost economic activity
A new study quantifies the economic impact of 2025 ICE raids in Chicago, finding that immigrant fear reduced consumer spending and tax revenue by over $1.26 billion across retail and restaurants.
Nintendo Officially Announces Zelda 40th Anniversary Switch 2 Model
Nintendo officially revealed a special Nintendo Switch 2 model celebrating The Legend of Zelda's 40th anniversary, launching later this year at $449.99.
Nintendo Unveils Zelda 40th Anniversary Plans: Ocarina of Time Remake Launches Nov 5
Nintendo held a 30-minute Direct showcase announcing the Ocarina of Time remake for Switch 2 launching November 5th, alongside a live-action movie and special edition console for the franchise's 40th anniversary.
Emergency Medicine Doctor Shares Survival Tips for Oregon Trail Adventures
An emergency medicine doctor provides practical survival advice for outdoor adventures, drawing parallels to historical challenges faced on the Oregon Trail.
Lhardy abre su segundo local en la Milla de Oro madrileña con cafetería y restaurante
Lhardy Café inaugura un nuevo local en el barrio Salamanca de Madrid, buscando reivindicar la esencia del emblemático restaurante fundado en 1839 con una propuesta de cafetería moderna.
Govee Launches Permanent Outdoor Lights 2 Pro with Dual-Layer Illumination
Govee announced Permanent Outdoor Lights 2 Pro, featuring independently controlled dual-layer illumination with AI-powered customization. The system offers flexible installation and weather resistance for homeowners.
Samsung India cuts 80-100 executives as cost pressures, weak demand squeeze TV and appliance units
Samsung India is laying off 80-100 executives across TV and home appliance divisions due to rising costs, weak demand, and rupee depreciation. Up to 25% of sales and marketing staff could be affected in a broader restructuring.
Amazon's Decade-Long Ascent: How $10K Became $66K on Profit Outpacing Stock Gains
Peter Thiel's hedge fund's largest position is Amazon, which delivered 555% returns over a decade as profits grew 32-fold, driven primarily by AWS cloud services expansion and emerging advertising revenue.
Nvidia Supplier Wistron Shares Drop 6% After $1.5B Stock Offering
Taiwan's Wistron, a key Nvidia supplier, announced a $1.47 billion global share sale at a 5.5% discount to fund raw material purchases, causing shares to fall over 6% despite strong year-to-date gains.
Dell's AI Infrastructure Boom Drives 15% Stock Surge; Analyst Says Buy at 20x Earnings
Dell's stock jumped 15% after reporting 58% revenue growth to $47B, driven by surging demand for AI infrastructure. The company raised full-year guidance, projecting 69% revenue growth.
Smilegate's ECLIPSE MMO hits 1M pre-registrations ahead of Sept. 10 launch
Smilegate begins PC pre-downloads for new MMORPG 'ECLIPSE: The Awakening' on Sept. 8, with mobile pre-downloads following Sept. 9 and official launch Sept. 10. The game has exceeded 1 million pre-registrations.
Nursery Rhymes Make a Comeback as Educators Champion Their Role in Early Literacy
Parents and educators emphasize nursery rhymes' role in early literacy and language development, though fewer children are exposed to them today. Teachers report rhymes help children develop focus, phonetic skills, and emotional safety.
Australia's housing crisis deepens as major builder Bathla collapses with $3.4B debt
Bathla Group's $3.4 billion collapse has stalled 2,000+ apartments and 14,000 homes as construction insolvencies surge, threatening Australia's 1.2 million home target by 2029.
Firms Turn Job Recruitment Into Stage Competitions—But At What Cost?
Major companies like L'Oreal use X Factor-style competitions to recruit, offering jobs as prizes. Critics worry this approach favors extroverts and those with financial cushions, while supporters say it attracts diverse talent.
Portsmouth faces extreme heat crisis as British cities become urban heat islands
Analysis reveals Portsmouth, Leicester, Exeter, Bristol and Nottingham will be among Britain's most heat-vulnerable cities by 2100, with urban heat islands absorbing solar radiation and retaining warmth.