Saturday, June 7

Fintech

In recent years, the discourse surrounding financial inclusion has expanded to consider a rather unconventional demographic: animals. A groundbreaking initiative involving a family of 19 mountain gorillas in Rwanda is at the forefront of this intriguing concept known as “interspecies money.” Instead of assigning traditional financial resources to these animals,…

The United Kingdom’s inaugural driverless bus service, CAVForth, launched in Scotland with the aim of easing traffic congestion, is being discontinued due to a lack of sufficient passenger interest. The autonomous bus venture, which commenced operations in May 2023, was initially heralded as a revolutionary development in public transportation for…

French authorities have made significant strides in combating child exploitation by arresting nearly one hundred individuals linked to a vast international child pornography ring. This operation stems from an investigation initiated last year by the National Gendarmerie, with a focus on cyber crimes. The Gendarmerie’s efforts culminated in the seizure…

Google CEO Sundar Pichai recently announced a significant restructuring initiative within the company, revealing that management roles have been reduced by 10 percent. This decision aims to streamline operations and enhance overall efficiency as Google navigates an increasingly competitive atmosphere, particularly in light of rising AI rivals such as OpenAI.…

Amazon has officially launched its long-anticipated drone delivery service, Prime Air, in Goodyear, Arizona, marking a significant milestone in the company’s journey towards bringing drone technology into everyday parcel delivery. This service aligns closely with founder Jeff Bezos’ vision, which dates back nearly a decade, of utilizing autonomous drones to…

Gender equality in the workplace, particularly within the fintech sector, remains a significant challenge. Despite some progress over the past decade, many women’s experiences and opportunities have not seen marked improvement. Industries like financial services have even witnessed a decline in women’s advancements and recognition at work. Issues such as…

Itamar ben Hemo, the CEO of the Israeli tech startup Rivery, exemplifies the intertwining of professional dedication and personal sacrifice that has characterized many lives in Israel since the outbreak of conflict. Following the devastating attack by Hamas on October 7, 2023, Hemo, an expat who was visiting Israel, felt…

On a recent Friday, the Federal Aviation Administration (FAA) announced an immediate prohibition on drones flying over certain critical infrastructure sites in New York, a response mirrored by New York Governor Kathy Hochul. This ban, which will remain in effect until January 18, is outlined as a precautionary measure, with…

The recent announcement of digital neobank Chime filing paperwork for a potential 2025 initial public offering (IPO) has generated considerable buzz, leading many to speculate if this signals the reopening of IPO floodgates. With the optimistic public debut of service software company ServiceTitan acting as a catalyst, the question echoing…

Editor's Picks

The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…