Tuesday, January 21, 2025

Funding to fintechs continues to decline, but at a slower pace

Welcome to TechCrunch Fintech!  This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The […]

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Stripe is laying off 300 people, but says it still plans to hire in 2025

Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in product, engineering, and operations roles,” the memo said. Despite the layoffs, Chief People Officer Rob McIntosh said that Stripe intends to still grow its headcount by 17% “to land at […]

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Forum software NodeBB joins the fediverse

Before there was social media, there were internet forums. Millions of forum sites continue to operate, which is why it’s notable that one top forum software provider, NodeBB, is now joining the fediverse, also known as the open social web. The fediverse today includes apps like decentralized X rival Mastodon, Instagram alternative Pixelfed, an open […]

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Samsung Unpacked 2025: Here’s how to watch and what we expect

The biggest reveal from last week’s Samsung CES press conference may well have been another press conference. The hardware giant closed out the main event by teasing the company’s upcoming show. The next Samsung Unpacked event is set for Wednesday at 10 a.m. PT. As with all recent Unpacked events, next week’s big show will […]

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Meta will soon let you link your WhatsApp account with Instagram and Facebook

Meta announced on Tuesday that users will soon be able to add their WhatsApp account to their Accounts Center, a hub where users can manage connected experiences across their Facebook, Instagram, and Meta Quest accounts. With this integration, users will be able to cross-post their WhatsApp Status as Stories on Instagram and Facebook, getting rid […]

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IMDb founder steps down as CEO after 35 years

IMDb, the Amazon-owned online database that provides information on movies, TV shows, and celebrities, announced on Tuesday that its founder, Col Needham, is stepping down as CEO. Nikki Santoro, who has served as the Chief Operating Officer since 2021, has been appointed as his successor. Santoro’s appointment is significant, as she is the first woman […]

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Monday, January 20, 2025

Karmen secures $9.4 million for its revenue-based financing products

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel […]

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President Trump signs exec order to make Musk’s DOGE commission more official

The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service, which was created in 2014 […]

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Trump signs exec order, delaying TikTok enforcement action for 75 days

President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving [TikTok.]”  Via the order, Trump is instructing the U.S. Attorney General not to take any action for 75 days to enforce the Protecting […]

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President Trump repeals Biden’s AI executive order

During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order directed the Commerce Department’s National Institute of Standards and Technology (NIST) to author guidance that helps companies […]

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UK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracy

A week after the U.K. government announced a sweeping plan to make big investments into AI, it’s laying out more details around how this will take shape in the public sector. On the agenda: AI assistants to speed up public services; data sharing deals across siloed departments; and a new set of AI tools — […]

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OpenAI’s agent tool may be nearing release

OpenAI may be close to releasing an AI tool that can take control of your PC and perform actions on your behalf. Tibor Blaho, a software engineer with a reputation for accurately leaking upcoming AI products, claims to have uncovered evidence of OpenAI’s long-rumored Operator tool. Publications including Bloomberg have previously reported on Operator, which […]

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