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CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. [contact-form-7] In response, the company’s CarMax Auto Finance (CAF) business bo...
Bitcoin falls to monthly lows triggering $464 million in liquidations amid global market jitters
Bitcoin (BTC) fell to its lowest price this month on June 20, triggering $464 million in liquidations across cryptocurrency markets as geopolitical jitters and heavy selling pressure rattled traders. ...
Samsung Galaxy S25 FE renders just leaked — here's your first look
A new set of leaked renders have been revealed for the Samsung Galaxy S25 FE....
Community And Choice Are Not Bubbles
Disclosure: I am on the board of Bluesky and am inherently biased. Adjust your skepticism of what I write on this topic accordingly. It seems a bit odd: when something is supposedly dying or irrelevan...
Uber AI Solutions Expands Resources for Training AI Models and Agents
Uber Technologies’ artificial intelligence (AI) data services business, Uber AI Solutions, has added new solutions and now makes them available to AI labs and enterprises in 30 countries. [conta...
Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto minin...
Instant Payments and Stablecoins Demand Core Banking System Upgrades
For decades, banking infrastructure meant heavy metal — mainframes, on premises, in-house and legacy systems layered upon legacies. Batch systems and processing, and a set schedule of money movement...
Multiplier Holdings Publicly Launches Business Building AI-Native Professional Services Firms
Multiplier Holdings announced its public launch Wednesday (June 18), saying it had raised $27.5 million in seed and Series A funding to acquire professional services firms and enhance them by integrat...
David Bailey’s Nakamoto and KindlyMD raise bitcoin treasury target to $763 million with new PIPE funding
Nakamoto and KindlyMD plan to merge for a bitcoin treasury strategy, joining a BTC balance sheet trend with participants like the First Family and GameStop....
TikTok clashes with US congressman over alleged $300M TRUMP token bribe
TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump. The company addressed the claims on June 19 in a post on X, labeling the ...
Newswire > Tag: new
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