PayPay Delays $10B US IPO Amid Geopolitical Turmoil
PayPay, Japan’s leading mobile payment app backed by SoftBank, reportedly postponed its highly anticipated U.S. initial public offering (IPO) on...
X Launches Paid Partnership Labels to Kill Sponsor Hashtags
On Monday, social media platform X launched a new "Paid Partnership" label for creators to flag sponsored posts directly, ensuring...
$529M Iran Bombing Bets Spark Insider Trading Fears
Cryptocurrency traders on the decentralized prediction platform Polymarket exchanged over $529 million on contracts forecasting the exact timing of U.S....
OpenAI Fires Employee for Polymarket Insider Trading
OpenAI fired an employee this week after discovering they used confidential company information to trade on prediction markets like Polymarket,...
Jack Dorsey Cuts Half of Block’s Staff, Warns You’re Next
On Thursday, Block CEO Jack Dorsey announced a massive restructuring that will eliminate over 4,000 jobs—nearly half of the fintech...
PayPal Isn’t Selling: Inside the Stripe Takeover Rumors
PayPal is not currently looking to sell itself, according to a Semafor report citing sources familiar with the matter, directly...
Google Pays $1B for Form Energy’s 100-Hour Battery
Google has secured a landmark $1 billion deal with energy startup Form Energy to deploy a groundbreaking 100-hour iron-air battery...
Walmart Settles FTC Gig Driver Pay Lawsuit for $100M
Walmart has agreed to pay $100 million to settle a Federal Trade Commission (FTC) lawsuit accusing the retail giant of...
eBay Cuts 800 Jobs Just Days After $1.2B Depop Deal
E-commerce giant eBay is laying off approximately 800 full-time employees—representing 6% of its global workforce—as part of a corporate restructuring...
Accountant Wins $128K Betting Against Elon Musk’s DOGE
International tax accountant Alan Cole won a $128,000 profit on prediction market Kalshi on February 20, 2025, after wagering his...