Tag: technology | BizAndTech Newswire

technology

Rivian reports 5.38 billion dollars in 2025 revenue
Rivian Automotive reported $5.38 billion in total revenue for 2025, an 8% increase from $4.97 billion in 2024, with software and services revenue offsetting a decline in automotive sales. The company�...

Credit Unions Take Stakes in FinTechs to Control the Roadmap
Michael Abraham, the chief strategy officer of Great Lakes Credit Union (GLCU), spotted a flaw in how his $2.4 trillion industry had done business for decades. Most credit unions don’t ha...

More Than Half of Banks Plan to Outsource Fraud Detection 
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Half of all institutions surveyed say f...

Instacart Delivers Strong Q4 as AI Speeds Platform Expansion
Instacart’s Q4 may have looked like a straightforward beat-and-raise, but the more consequential storyline for retailers, brands and the payments stack is how the company is using partnerships and A...

Groq Shareholders Get a $7.6 Billion Payout
It’s been more than a month since Nvidia entered an agreement, made public on Christmas Eve, to license the technology of chip startup Groq and hire its top executives including CEO Jonathan Ross. N...

CFOs Eye Stablecoins as Capital Tool, Not a Crypto Bet
Are crypto questions for CFOs becoming less about crypto, and more about capital-efficiency? The jury might still be out, but if they are, it’s likely due to the emerging impact of stable...

Households Navigate Higher Costs With Smarter Spending
The consumer in the United States is no longer one market. It’s two. And corporate earnings calls are increasingly where the split shows up first. On one side are premium brands and trave...

Ring cancels its partnership with Flock Safety after surveillance backlash
Following intense backlash to its partnership with Flock Safety, a surveillance technology company that works with law enforcement agencies, Ring has announced it is canceling the integration. ...

Anthropic Is Valued at $380 Billion in New Funding Round
The artificial intelligence start-up raised another $30 billion, and its valuation more than doubled since its last funding round in September....

Bank of Canada Deputy Governor Says Economy Needs Small Business AI
Broader adoption of artificial intelligence by small and medium-sized businesses (SMBs) could boost Canada’s productivity, Bank of Canada Senior Deputy Governor Carolyn Rogers said Thursday (Feb. 12...

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