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Why a buy-now, pay-later titan is making a $350 million bet on becoming a bank
A prominent buy-now, pay-later company is investing $350 million to transition into banking. This move aims to leverage regulatory advantages and enhance operational control associated with bank ownership.
Nvidia CEO joins Trump's China trip after last-minute call from president
Nvidia CEO Jensen Huang joined President Trump's delegation to China following a last-minute call from the president. This development highlights Nvidia's significant role in the ongoing U.S.-China competition in artificial intelligence and semiconductor technology.
PayPal sets goal to support 25 million people and small businesses by 2030
PayPal has announced its goal to support 25 million people and small businesses by 2030. The initiative focuses on enhancing engagement with entrepreneurs by providing access to capital, digital tools, and training in approximately 200 markets.
Waymo recalls nearly 4,000 robotaxis after vehicle drove into flooded roadway
Waymo has issued a recall for nearly 4,000 of its robotaxis after one of the vehicles drove into a flooded roadway. This action follows ongoing investigations by federal agencies into other incidents involving Waymo, including a pedestrian crash and traffic violations near school buses.
Waymo recalls 3,791 robotaxis after vehicle drove into flooded roadway
Waymo has announced a recall of 3,791 robotaxis due to an incident where a vehicle drove into a flooded roadway. This recall is part of a broader investigation by federal agencies into other incidents involving Waymo, including a pedestrian crash and traffic violations near school buses.
eBay rejects GameStop's $55.5B takeover bid, citing financing uncertainty
eBay has rejected GameStop's $55.5 billion takeover bid, citing uncertainties related to financing. GameStop had acquired a 5% stake in eBay and proposed a deal significantly exceeding its own market capitalization.