A coalition of seven states is demanding detailed data from major Buy Now, Pay Later firms. They’re probing underwriting practices and consumer protections, raising the specter of a fragmented regulatory crackdown.
Nvidia is pouring billions into a sprawling network of AI companies, with a new $2 billion stake in semiconductor design firm Synopsys. This aggressive investment strategy is fueling the AI boom while simultaneously raising serious bubble concerns among market watchers.
Sokin, a London-based fintech, has secured €42.9 million in Series B funding led by Prysm Capital. The company’s valuation is now €257 million as it aims to scale its global payments and multi-currency account infrastructure.
Dorset Council is preparing to ditch its heavily customized SAP system for Oracle Fusion in a three-year project costing over £14 million. The move comes despite high-profile, disastrous transitions by other UK councils. They aim to go live by late 2027.
Adcities, founded in 2024, has raised a €3 million+ funding round. Its AI platform, OMI, uses geocontextual data to make outdoor advertising campaigns measurable and targeted, already powering campaigns for brands like Telefónica and Decathlon.
According to a leading venture capitalist, most startups fail in the first two years because the founders can’t get along. His firm, Europe’s largest pre-seed fund, invests based on personality and team dynamics long before a product exists.
Market bears betting on a tech bubble blowout got crushed in November as a broad cross-asset rally lifted everything from stocks to Bitcoin. The month ended with markets posting strong gains despite widespread fears about bloated valuations and AI overpromising.
A massive lobbying battle is underway over whether AI should be regulated at the federal or state level. Two coalitions have raised over $150 million to influence the outcome. The fight centers on whether states can set their own rules or if a single federal framework should prevail.
Michael Burry just invited all his paid subscribers to a group chat on his new Substack. With 97,000 subscribers since Sunday, the chaos is exactly what you’d expect from the famous investor.
Apple dominated China’s Singles Day shopping festival with the iPhone 17 lineup driving smartphone growth. The iPhone alone prevented what would have been a 5% market decline, while Huawei saw the steepest drop among major brands.
