News

The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.

Ryan Breslow rode his fintech unicorn Bolt to the bank. Then came the lawsuits and money squabbles — and a brutal valuation crash that wiped out much of his fortune.

Bitcoin soared to a new record high Monday, topping $72,000 for the first time amid increasing institutional acceptance and continuing an impressive rally that has pulled the market back from the depths of a deep “crypto winter” that has hampered momentum for years following a series of major crashes and scandals in recent years.

Shares of Facebook and Instagram parent company Meta tanked on Monday, suffering their worst day on Wall Street in nearly eight months on the heels of former President Donald Trump’s scathing review of Facebook as the “enemy of the people,” as the former president looks to bolster his rival social media platform.

In an interview, founders Dario and Daniela Amodei told Forbes that Anthropic’s new enterprise-focused model, released Monday, outperforms rivals GPT-4 and Google’s Gemini 1.0 Ultra.

Apple has issued iOS 17.4, along with a warning to update now. That’s because iOS 17.4 fixes at least four security issues, two of which are already being used in real-life attacks.

Many regional and remote areas of Australia are still without high-speed, low-cost connectivity, despite the spotlight on closing the digital divide in recent years. These services are essential to keep up with a world shifting rapidly online, greatly impacting the liveability, productivity and safety of these communities.

Bitcoin is trading near new highs. Should investors buy into other cryptocurrencies known as altcoins?

Sam Altman will reportedly return to the board of OpenAI, even after that same board ousted him for allegedly failing to be “candid” with it.

Apple had removed the company’s developer account, alleging it wouldn’t comply with a developer licensing agreement.