Klarna, the Swedish fintech sensation primarily recognized for its enticing “buy now, pay later” (BNPL) services, is taking a calculated risk with the introduction of its own Visa debit card. The Klarna Card marks a significant pivot in the firm’s strategy, aspiring to reshape its identity from a mere BNPL provider to a multifaceted banking
Enterprise
In the ever-evolving world of electric vehicles (EVs), China’s market is experiencing a seismic shift that reveals both opportunities and challenges. Major players like Leapmotor and Aito are making headlines with astounding sales figures, indicating a strong recovery from the pandemic’s disruptions. Leapmotor, bolstered by backing from Stellantis, reported an eye-popping growth of 148% year-on-year,
In a significant twist that showcases the volatile terrain of modern finance, the burgeoning trend of corporations adopting Bitcoin as part of their treasury strategies has surged to the forefront of the investment narrative. Following in the footsteps of Strategy—formerly known as MicroStrategy, which has seen its market valuation skyrocket beyond $80 billion—companies like Trump
Tesla, once a beacon of innovation in the electric vehicle market, has recently turned into a paradox. While the shares of the billionaire’s company have rallied impressively in May—projecting a 20% increase for the month—the underlying issues related to sales are disconcerting. A staggering 50% plunge in April sales across Europe and a 25% decline
In a bold and uncharacteristic venture, Elon Musk, the CEO of Tesla and SpaceX, took a leap into the murky waters of government efficiency under the Trump administration. His tenure as a special government employee, capped at 130 days, was marked by a fervent attempt to trim the federal fat and resist perceived excesses in
In what can only be described as a disheartening turn of events, Starling Bank, a prominent British online lender, has unveiled that its annual profits have nosedived by 26%, with profits before tax revealed as £223.4 million ($301.9 million) for the year ending March 31, 2025. Once hailed as a beacon of innovation in the
In an ambitious pivot that could redefine the landscape of financial services, Trump Media recently announced a staggering $2.5 billion raise aimed at expanding its crypto treasury holdings. While the news sent the company’s shares tumbling by about 10%, the implications of this move are profound. As the tide of cryptocurrency continues to swell, this
As a major player on the global stage, China’s tech industry is responding dynamically to new challenges posed by U.S. export controls on semiconductors. With giants like Tencent and Baidu at the forefront, there’s a captivating narrative unfolding—one of resilience, resourcefulness, and reinvention. The ongoing tussle between China and the U.S. over high-tech supremacy doesn’t
The recent outage on X, formerly known as Twitter, revealed just how fragile the platform’s infrastructure has become under Elon Musk’s leadership. As a center-right liberal, it pains me to see a once-stalwart platform degrade into something so precarious. On this particular Saturday morning, a staggering 25,000 users reported issues, with many unable to access
In a dramatic social media declaration, former President Donald Trump has sharpened his focus on Apple, asserting that the tech giant must manufacture its iPhones within the United States or face a crippling 25% tariff. This ultimatum is not just a corporate maneuver; it signals a broader narrative about national pride and economic independence. Trump’s