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Category: Business

Sea’s profit miss shows the high cost of staying competitive
BusinessInnovationTechnology

Sea’s profit miss shows the high cost of staying competitive

Sea reported $6 billion in revenue for Q3 2025, up 40% year-over-year, but profits of $375 million fell short of analyst expectations. The company is investing heavily in logistics and delivery networks to compete with rivals like TikTok Shop.

by Ortega RafaelNovember 12, 2025
Google Sues Chinese Scammers Behind “Staggering” SMS Fraud
BusinessCybersecurityTechnology

Google Sues Chinese Scammers Behind “Staggering” SMS Fraud

Google is suing 25 unnamed individuals allegedly part of the “Lighthouse” Chinese smishing group that has targeted people in over 120 countries. The operation uses sophisticated phishing-as-a-service software to steal banking information through fake websites and text messages. The scammers have rep

by Bennett LauraNovember 12, 2025
Why Payments Players Are Finally Learning to Share
BusinessInnovationSoftware

Why Payments Players Are Finally Learning to Share

The payments industry is undergoing a fundamental shift from overlapping roles to specialized collaboration. According to Maverick Payments VP Justin Downey, success now depends on clearly defining each player’s strengths while sharing data and infrastructure. The future involves AI-driven systems t

by Bennett LauraNovember 12, 2025
Fed’s Barr Says AI Will Transform Economies, But How?
AIBusinessTechnology

Fed’s Barr Says AI Will Transform Economies, But How?

Federal Reserve Governor Michael Barr says artificial intelligence will transform economies, but outcomes could vary dramatically. He outlined two basic scenarios during his Singapore FinTech Festival speech on Wednesday.

by Ortega RafaelNovember 12, 2025
China’s Banks Are Issuing Fake Loans to Meet Targets
BusinessInnovationTechnology

China’s Banks Are Issuing Fake Loans to Meet Targets

Banks in China are pressuring businesses to take out loans they don’t need, with the banks even covering the interest. This practice creates artificial lending numbers while the real economy struggles. The situation reveals deep structural problems in China’s financial system.

by Ortega RafaelNovember 12, 2025
Is a Manhattan Project For Aging Finally Here?
BusinessInnovationTechnology

Is a Manhattan Project For Aging Finally Here?

Behind the scenes, there’s a major push to tackle disease cures and extend human lifespans. Tech leaders and investors are calling for a “Manhattan Project for aging” with some predicting breakthrough treatments within just a few years.

by Ortega RafaelNovember 12, 2025
Facebook’s External Like Button Is Officially Dead
BusinessPrivacySoftware

Facebook’s External Like Button Is Officially Dead

Facebook’s external Like and Comment buttons are being discontinued after nearly a decade. The social plugins will officially stop working on February 10, 2026. This marks the end of an era for web integration with social media platforms.

by Ortega RafaelNovember 11, 2025
Elon Musk Says He Gave OpenAI $38M Plus Teslas and Rent Money
AIBusinessInnovation

Elon Musk Says He Gave OpenAI $38M Plus Teslas and Rent Money

Elon Musk has detailed his financial contributions to OpenAI in new court filings, claiming he gave $38 million including rent payments and four Founder Series Teslas. The disclosure comes amid his ongoing lawsuit against OpenAI and Sam Altman over the company’s shift to a for-profit model. Musk all

by Bennett LauraNovember 11, 2025
The Scope 3 Problem Everyone’s Ignoring
BusinessDataInnovation

The Scope 3 Problem Everyone’s Ignoring

Scope 3 emissions represent the majority of corporate carbon footprints but remain notoriously difficult to track. New pressures from investors, consumers, and regulators are forcing companies to confront this challenge through better data sharing across supply chains.

by Ortega RafaelNovember 11, 2025
Blackstone’s AirTrunk Eyes Massive 1GW Sydney Data Center Site
BusinessCloudData

Blackstone’s AirTrunk Eyes Massive 1GW Sydney Data Center Site

Blackstone-owned AirTrunk has emerged as the potential buyer for a massive 1GW data center campus planned for Western Sydney. The AU$5 billion project would span six buildings across 400,000 sqm with capacity for up to 1GW. The deal hinges on planning approval for what would be one of Australia’s la

by Ortega RafaelNovember 11, 2025

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