B2B Platforms Are Cashing In on Embedded Finance
Embedded finance is delivering real revenue for B2B platforms. The focus has shifted from adding features to perfecting core integrations like payments and digital wallets.
Category: Business
Google’s Parent Company Passes Apple in Market Value Race
Alphabet Inc. has overtaken Apple in market capitalization, fueled by AI optimism. Meanwhile, CES 2025 was dominated by Chinese humanoid robotics startups showcasing their rapid progress.
Billionaires’ Tax Fight-or-Flight: Page Flees, Huang Stays
A proposed one-time 5% wealth tax in California is forcing the state’s billionaires to make a choice. Their reactions, from moving assets to shrugging it off, highlight a classic split in financial risk tolerance under uncertainty.
Bankers Get Cold Feet on AI Chip Loans Linked to China
A new report details how Western banks are pulling back from financing data centers and AI chip purchases over fears of U.S. regulatory backlash. Deals involving JPMorgan and a $300 million loan for Nvidia hardware are now in limbo.
Musk’s OpenAI lawsuit gets green light for trial
Elon Musk’s legal battle against OpenAI is moving forward. A judge ruled there’s enough evidence for a jury to decide if the AI giant violated its founding promises by becoming a for-profit entity.
General Catalyst’s seed lead departs to start new VC firm
Niko Bonatsos, the investor behind early funding for Discord and the $10 billion startup Mercor, has left General Catalyst. He plans to start a new VC firm focused on young founders and consumer businesses.
JPMorgan’s AI Votes Your Stocks, and PE Recruiting Chaos Returns
JPMorgan’s asset management arm is replacing proxy advisory firms with an internal AI platform called Proxy IQ for all its shareholder votes. Meanwhile, the fragile truce over private equity recruiting has collapsed, with first-year banking analysts interviewing for jobs starting in 20 months.
LinkedIn’s AI Hiring Tool Wants to Save You a Workday a Week
LinkedIn has rolled out its AI-powered Hiring Pro tool to all English-speaking markets, claiming it can save small businesses more than six hours a week in recruitment. The tool aims to shift hiring to a more skills-based approach, but the real challenge might be changing employer mindsets.
TT Electronics Takeover Deal Falls Apart After Shareholder Vote
The £150-per-share acquisition of TT Electronics by Cicor Technologies is off. The deal failed to secure the required 75% shareholder approval, garnering only about 51.77% support.
Virginia’s $1.6 Billion Datacenter Tax Break Problem
A new report reveals Virginia’s tax breaks for datacenters doubled in a year, costing the state $1.6 billion. A watchdog group argues the incentives are on autopilot and should be eliminated as public opposition grows.