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Apple is reportedly preparing to acquire talent and technology from computer vision startup Prompt AI.
The tech giant was in late stage talks on the deal, CNBC reported Friday (Oct. 10), with Prompt’s leadership informing employees of the pending transaction last week.
Those employees were told that those who did not end up joining Apple will be paid a reduced salary, and encouraged to...
New U.S. tariffs have helped drive record liquidations in the cryptocurrency market.
As Bloomberg News reported, crypto prices plunged Friday (Oct. 10) when President Donald Trump announced an added 100% tariff on China as well as export controls on software.
It led to what data tracker Coinglass called “the largest liquidation event in crypto history,” the report added, with this...
The first cold front grazes the map, and suddenly the economy smells like a bakery.
Baristas are pulling double shifts. Marketers are testing 1,000 shades of orange. And somewhere in a product lab, a person with a budget labeled “seasonal experimentation” just asked, “But what if we made it pumpkin spice?”
We at The Weekender are pro-autumn and anti-monotony, and this year’s pumpkin-...
Apple is reportedly reorganizing some of its divisions as the retirement of former Chief Operating Officer Jeff Williams nears.
The company will move its health and fitness divisions and place them under the oversight of its services chief, Eddy Cue, Bloomberg reported Friday (Oct. 10), citing unnamed sources.
In addition, the Apple Watch operating system will now be overseen by the...
FIS said Friday (Oct. 10) that its planned acquisition of Global Payments’ Issuer Solutions business remains on track despite the company’s need to refile information with a U.K. regulator.
“In the normal course of the UK Competition and Markets Authority’s (CMA) review of the transaction, the company proactively identified additional information that it will be providing to the CMA,...
Nvidia has taken the top spot in a new artificial intelligence benchmark, with its latest Blackwell chips delivering record performance and efficiency. The results highlight how AI infrastructure is becoming a race not just for speed but for cost control and scalability as major competitors from AMD to Amazon move to challenge Nvidia’s dominance.
Performance and Cost Efficiency
The new...
Banco Santander reportedly will facilitate the $20 billion currency swap framework to support Argentina’s economy that was announced Thursday (Oct. 9) by U.S. Treasury Secretary Scott Bessent.
The bank was selected by the Treasury Department to help it buy Argentine pesos, Seeking Alpha reported Friday (Oct. 10).
Santander is a primary dealer in U.S. Treasury securities and has a...
Morgan Stanley reportedly told its financial agents Friday (Oct. 10) that beginning Wednesday (Oct. 15), they will be able to sell cryptocurrency funds to any clients.
The wealth management firm will also allow crypto investments in any type of account, CNBC reported Friday, citing unnamed sources.
Morgan Stanley did not immediately reply to PYMNTS’ request for comment.
These policies...
Grocery technology company Instacart has announced a new integration that enables select TikTok consumer packaged goods (CPG) advertisers to use TikTok Ads Manager to tap into Instacart’s first-party retail media data.
The advertisers can use this data for campaign targeting and performance measurement, Instacart said in a Friday (Oct. 10) press release.
The integration of Instacart’s...
CoreWeave has agreed to acquire Monolith AI, a London-based company that builds artificial intelligence tools to help engineers design and test products more efficiently. The company said the deal will allow it to “expand AI cloud platform into industrial innovation,” connecting its computing infrastructure with industrial design, manufacturing and engineering applications.
Monolith’s...