Category: Crypto

Ten years after pitching on stage at TechCrunch Disrupt in London, fintech N26 has reported its first ever quarterly (pre-tax) profit. The challenger bank with millions of customers across Europe generated a net operating income of €2.8 million during the third quarter of 2024 (or $2.9 million at current exchange rates). This is an important…

After several complaints about its algorithm, Meta’s X competitor Instagram Threads is making changes that will allow it to surface more content from people you follow in the algorithmic feed. Instagram head Adam Mosseri said in a Threads post that the social network has adjusted its algorithm to show less content from accounts you don’t…

Some digital services look like banks, act like banks, but aren’t banks — meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fraud. This is about to change: the U.S. Consumer Financial Protection Bureau (CFPB) has just ruled that all digital services that…

X’s former top policy chief has taken a job at Tools for Humanity, the company building the tech to support World Network (formerly Worldcoin). Nick Pickles, previously head of global affairs at X, Elon Musk’s social media platform, will serve as chief policy officer for Tools for Humanity, which OpenAI CEO Sam Altman co-founded five…

Crusoe Energy, a startup building data centers reportedly to be leased Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche so…

Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages, and the ability to add visuals that appear while users listen. These initiatives are part of Spotify’s effort to improve its audiobook offering and bring listeners closer to their favorite authors and stories. One notable feature being introduced…

Jessica Rosenworcel, the first woman to serve as permanent chair on the FCC, said Wednesday that she’ll step down from the agency when Donald Trump assumes the presidency. Rosenworcel joined the FCC in 2012, and was behind a number of efforts to transform the agency charged with regulating the U.S. telecommunications industry. She pushed for…

WordPress.com owner Automattic has added another company to its portfolio of online content creation tools and services with its acquisition of Grammarly competitor, Harper. Although it’s competing in the same space as the popular grammar checker used by many online writers, Harper’s tool is aimed at developers, open source, and works to maintain privacy by…

Tubi, the free ad-supported streaming service owned by Fox, has unveiled a new feature designed to set it apart from its rivals, such as Pluto TV and the Roku Channel, as well as put it in closer competition with short-form video-sharing platforms like Instagram Reels, TikTok, and YouTube Shorts.  Called “Scenes,” the feature allows viewers…

Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of…