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OpenAI’s CFO says funding round should close by next week in letter

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in…

Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores

Swedish firm Klarna is partnering up with Dutch payments fintech Adyen to bring its popular buy now, pay later service…

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more

Check out the companies making headlines in extended trading: Apple — Shares of the iPhone maker inched higher, as the…

Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays

Britain’s new Labour government will soon set out updated plans to regulate the “buy now, pay later” industry, a government…

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…