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Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
December 15, 2023  |  Personnel

Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of...

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H&M Steers Upmarket to Pull Away From Shein
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023  |  Retail

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. With Shein’s rapid growth and...

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Meta Apologizes for Fraudulent Ads Featuring Billionaire Wissam Al Mana
Meta Apologizes for Fraudulent Ads Featuring Billionaire Wissam Al Mana
December 15, 2023  |  Meta

Qatari billionaire Wissam Al Mana reportedly emerged victorious in a legal battle against Meta over the unauthorized use of his image in cryptocurrency scam advertisements...

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AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
AI Startup Krutrim Rolls out India’s First Multilingual Large Language Model
December 15, 2023  |  Artificial Intelligence

Krutrim, an artificial intelligence startup founded by serial entrepreneur and CEO of Ola Group, Bhavish Aggarwal, made waves in the field of AI with the...

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DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud
DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud
December 15, 2023  |  Fraud Attack

The Department of Justice (DOJ) has announced a crackdown on fraud networks that steal money from consumer accounts and use fraudulent “microtransactions” to conceal their illicit activities...

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Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
December 15, 2023  |  artificial intelligence

Goldman Lampe Private Bank has announced the integration of advanced artificial intelligence (AI) systems into its internet banking platform.  This move aims to offer enhanced security...

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FSOC Identifies Use of AI as Vulnerability in Financial System 
FSOC Identifies Use of AI as Vulnerability in Financial System 
December 15, 2023  |  Artificial Intelligence

The Financial Stability Oversight Council (FSOC) has, for the first time, identified the use of artificial intelligence (AI) in financial services as a vulnerability in the financial...

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Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023  |  Investments

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI),...

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Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
Shelpful Raises $3 Million for Personal Productivity and Accountability Solution 
December 15, 2023  |  Investments

Shelpful has raised a $3 million seed investment to continue adding features and partnerships to its solution that helps people build lasting habits around health, happiness...

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