Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

June 25, 2024

Banking-as-a-service (BaaS) platforms continue to be at the heart of driving access to digital financial services through their technology that offers fintech capabilities to non-bank businesses. Businesses are tapping these platforms to get past difficulties and time-consuming processes, such as building tech infrastructure and acquiring requisite regulatory approvals, to offer financial services such as cards, […]

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Apple shelved the idea of integrating Meta’s AI models over privacy concerns, report says

June 25, 2024

Days after the Wall Street Journal reported that Apple and Meta were in talks to integrate the latter’s AI models, Bloomberg’s Mark Gurman said that the iPhone maker was not planning any such move. Apple held talks with Meta about the possibility of a partnership when it was also talking with other companies. However, the […]

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Julian Assange is free

June 25, 2024

Julian Assange is free after being granted bail by the High Court in London, Wikileaks said on X. This is the result of a plea deal with the U.S. The Wikileaks founder is now said to have left the U.K. for Australia, his home country. This comes after a long-winded legal battle that saw Assange […]

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TechCrunch Space: Building (and testing) for the future

June 24, 2024

Hello and welcome back to TechCrunch Space. It’s becoming a habit to open each TechCrunch Space newsletter with a bit of an update on Boeing’s Starliner mission, so bear with me. Per NASA officials, the spacecraft will now return its two-person crew to Earth no earlier than June 26, instead of the originally planned date […]

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A comprehensive list of 2024 tech layoffs

June 24, 2024

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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