News from the economy, politics and the financial markets
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Latest news
Apple’s new CEO, and why Elon Musk wants to buy Cursor for $60B
A new era is on the way for Apple as Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystem than the one Cook spent decades shaping. The App […]
Tim Cook is stepping down. What happens to Apple now?
Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most durable businesses in tech, but he’s also stepping into a very different ecosystemthan the one Cook spent decades shaping. The App Store’s 30% cut is under pressure, the behind-the-scenes power Apple once […]
Cash App is targeting a new kind of customer: 6-12 year olds
Tech companies are constantly on the hunt for new customers, and Cash App, the fintech company owned by Jack Dorsey’s Block, believes it has found a promising new demographic: children. The company, which already offers financial services to teens, said this week that it is expanding its youth-focused services in an effort to build a […]
Collide Capital raises $95M fund to back fintech, future-of-work startups
Collide Capital, founded by Brian Hollins and Aaron Samuels, announced the close of a $95 million Fund II.
Money transfer app Duc exposed thousands of driver’s licenses and passports to the open web
An exposed Amazon-hosted server allowed anyone to access reams of customer data without needing a password.
Polymarket continues its partnership spree with a Major League Baseball deal
MLB is only the latest in a string of recently announced partnerships involving the prediction market.
X taps William Shatner to give out invites to its payments service, X Money
42 X users donated to William Shatner's charity in exchange for an early invite to X Money beta.
Data breach at fintech giant Figure affects close to a million customers
The Figure data breach allowed hackers to steal customer names, dates of birth, physical addresses, phone numbers, and email addresses.
‘Industry’ season 4 captures tech fraud better than any show on TV right now
This latest season of the TV show Industry takes a look at the world of money and power through the eyes of a fintech baron.
