Author: TheWireHub.net

Chime is a fintech, not a bank. But that’s a distinction the company is constantly evaluating, an executive said this week, particularly amid a regulatory climate seeming more amenable to fintechs obtaining bank charters. “We would never rule it out,” Mark Troughton, the fintech’s chief operating officer, said of pursuing a bank charter. Chime works with Stride Bank and The Bancorp Bank to offer its customers Federal Deposit Insurance Corp.-insured banking services. Under the Trump administration, banking regulators have signaled a greater appetite for chartering, and that’s inspired companies to pursue industrial loan company charters, cryptocurrency firms to seek trust…

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Bitcoin options are showing that traders are betting that the largest cryptocurrency will remain mired in its current trading range in the wake of the fourth-quarter downturn that has cut more than $1 trillion in value from the digital asset market. The largest digital token by market value slumped as much as 4.4% to $88,135 on Friday, dropping below the median of the roughly $100,000 to $80,000 range it has been trading in for the past three weeks. Bitcoin accounts for almost 60% of the entire crypto market’s total value.

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It’s been a surprisingly exciting Cyber Week, with gaming PCs seeing some serious discounts. We’ve got prebuilts equipped with Nvidia’s new Blackwell 50-series GPUs that deliver both 4K performance and advanced AI potential, and we’ve seen some really impressive machines pass through the PC Labs testing portal. Below you’ll find some massive price drops on well-reviewed desktops and laptops, so snag your PC before Cyber Week ends.Finding the Best Cyber Week Gaming DealsIt’s not as simple as clicking “sort by price.” Be careful when browsing retailers during the holiday season, as some sellers try to fake you out with fraudulent…

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Sculptor Capital Management exceeded its own expectations in its latest fundraising round, and by “exceeded” we mean by more than $1 billion in investment capital.  The global alternative asset management firm, whose real estate business has completed $27 billion worth of investments over 22 years, announced this week the final close of Sculptor Real Estate Fund V with $4.6 billion in commitments, exceeding the firm’s $3 billion target value by $1.6 billion. SEE ALSO: LaSalle Investment Management Lands $50M Refi for Class A Office in D.C. The close marks a significant growth and evolution in Sculptor’s fundraising for CRE and is…

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An American Airlines Airbus A321 is seen on the tarmac on Jan. 8, 2020, at Philadelphia International Airport. Daniel Slim/AFP via Getty Images hide caption toggle caption Daniel Slim/AFP via Getty Images Airbus on Friday requested airlines take immediate action to upgrade software of its A320 aircraft, warning there could be an issue with flight controls. The aircraft manufacturer said in a statement it found the issue after an analysis of an incident involving an A320 plane found that “intense solar radiation may corrupt data critical to the functioning of flight controls.” “Airbus has worked proactively with the aviation authorities…

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Tech firms are pouring massive sums into physical AI, and Morgan Stanley predicts the world could have more than a billion humanoid robots by 2050 – Copyright AFP Jade GAO With AI accelerating faster than the regulation designed to constrain it, connected devices reshaping the home, and new human–machine interfaces emerging, 2026 is already shaping up to be a defining year for technological innovation. What are the key technological developments and new technologies that businesses need to focus on understanding in preparation for 2026? Tomorrow Lab has passed onto Digital Journal a set of trend indicators that could reshape how…

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Federal agencies are navigating a perfect storm: more threats and complexity, but fewer resources to manage it all. However, according to HPE Networking Chief AI Officer Bob Friday, the convergence of cloud and agentic AI allows agencies to rethink how networks are built, secured and automated. “I think we’re hearing the same thing from federal customers that we hear from our commercial customers, with the additional requirement that we have to meet new security requirements to move to the cloud,” says Friday, citing FIPS and the need for FedRAMP certification for secure cloud adoption. Friday emphasized that AI is no…

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The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a “landmark step” for making insurance affordable and inclusive. Illustration: Dominic Xavier/Rediff In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.   Will GST rationalisation lead…

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The European Commission has proposed expanding the powers of the European Securities and Markets Authority (ESMA) over crypto and broader financial markets in a bid to narrow the competitive gap with the United States.Published Thursday, the package would transfer “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties, to ESMA and strengthen its coordination role in the asset management sector.The proposal still needs approval from the European Parliament and the Council, where it is under negotiation.If adopted, ESMA’s role in overseeing EU capital markets would more closely resemble the centralized…

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From graphics cards to mid-sized cars, you can’t find any new electronics that don’t claim to be “AI-powered” in some way. That includes Logitech’s mice and keyboards, some of which are being loaded specifically with “AI” buttons. But the CEO of Logitech says she sees no value in infamous “AI” gadgets, such as the Rabbit A1 or the Humane pin. “What’s out there is a solution looking for a problem that doesn’t exist,” said Hanneke Faber in an interview with Bloomberg. That seems to be the consensus among reviewers, and many early adopters, who found the Rabbit R1 to be…

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Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Debt can prevent you from reaching your financial goals. It’s hard to save for a down payment on a home or other financial goal while juggling credit cards, student loan payments and bills from an unexpected event, such as a medical emergency. If you’re trying to tame the amount of money you owe, you may explore debt relief options to find the best fit for you. Money Management International, or MMI, is an organization that provides debt management education…

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I’ve been using Android for years, and yet, every so often, I stumble across features that make me wonder: How did I survive without this? Small tweaks, gestures, and shortcuts can accumulate to save you hours over the course of a week. Over the past few months, I’ve been trying out every little time-saver Android offers. These are the tools that I now use daily, without thinking, and the difference they make is staggering. Related 6 Android tweaks I made to cut clutter from my phone A quick cleanup helped me use my phone more mindfully Split-screen multitasking Two apps,…

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By Jeanne Kuang, CalMattersThis story was originally published by CalMatters. Sign up for their newsletters. Despite watching one after another of his state’s tech titans head to the White House to seek President Donald Trump’s favor, Gov. Gavin Newsom said Wednesday he doesn’t begrudge the industry’s rightward swing — mostly. “It’s very situational with a lot of these guys,” he said when asked about tech businessmen going to “the other side.” “They are and they aren’t … I don’t see it as as big a shift as perhaps others do.” His comments at a New York Times finance summit underscored…

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China is building a talent pipeline for the booming robotics industry, with the country’s top universities launching undergraduate courses in embodied intelligence to support Beijing’s ambitions to overtake the US.Shanghai Jiao Tong University and Zhejiang University were among a batch of seven prestigious universities that had recently applied to add “embodied intelligence” as a new course, China’s education ministry said in November.

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