Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of
As they gain in popularity, AI coding assistants such as GitHub Copilot may appear to be boosting productivity. But in reality, they could be causing overall code quality to decline. That’s the top-line finding from a new report released by software engineering platform GitClear, which analyzed 211 million code lines from 2020 to 2024. According
Key Takeaways Energy-drink maker Celsius Holdings purchased rival Alani Nu for a net price of $1.65 billion. The acquisition from the co-founders of Alani Nu and Congo Brands expands Celsius’ offerings to women. Celsius also reported better-than-expected fourth-quarter revenue. Celsius Holdings (CELH) shares skyrocketed 25% Friday, a day after the energy-drink maker expanded its efforts
Key Takeaways Disney’s ESPN confirmed on Thursday that the sports giant has mutually agreed to end its broadcasting partnership with the MLB after this season. ESPN wanted to lower how much it paid to broadcast “Sunday Night Baseball” and other games, while MLB was unhappy with the amount of coverage baseball was getting on ESPN.
Flights diverted off Australia as Chinese navy conducts ‘show of force’ The Washington Post Australia says China warned of “live fire” drills in Tasman Sea with little notice, diverting flights midair CBS News Commercial flights diverted as Chinese warships undertake unannounced live-fire drill over sea between Australia, New Zealand The Indian Express Chinese warships make ‘unusual’ voyage near
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Swedish police have been investigating the suspected sabotage of an undersea telecoms cable in the Baltic Sea, connecting Germany and Finland. A series of undersea cables and gas pipelines have been damaged in suspected attacks since Russia’s invasion of Ukraine in 2022, prompting Nato to launch a monitoring mission in the sea last month. The
The US government will end the temporary protected status (TPS) for 500,000 Haitians living in the country in August, the Department of Homeland Security said on Thursday. This comes despite deteriorating conditions in the Caribbean country, with gangs controlling about 85% of the capital and sexual violence against children increasing by 1,000% last year, according
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