Figure’s IPO filing marks Mike Cagney’s return to public markets

Figure Technology, a seven-year-old blockchain-based lending company, has filed for an initial public offering of its Class A common stock on the Nasdaq. The lead bookrunners for the IPO are Goldman Sachs, Jefferies, and BofA Securities. The specific number of…

OpenAI launches a sub-$5 ChatGPT plan in India

OpenAI has launched a new, more affordable paid subscription plan for ChatGPT in India called ChatGPT Go. The plan is priced at ₹399 per month, which is significantly cheaper than the existing Plus Plan that costs ₹1,999 per month. The…

Eight Sleep raises $100M to expand its AI-powered sleep tech

Roughly one in three adults in the United States regularly gets insufficient sleep. This widespread issue is driving significant demand for tools that can monitor, analyze, and enhance rest. Founded in 2014, EightSleep offers AI-powered sleep technology products designed to…

Eight Sleep raises $100M to expand it AI-powered sleep tech

Roughly one in three adults in the United States regularly gets insufficient sleep. This widespread issue is driving significant demand for tools that can monitor, analyze, and enhance rest. EightSleep, a company founded in 2014, offers AI-powered sleep technology products…

Spotify’s latest feature lets you add your own transitions to playlists

Spotify is introducing a new feature that allows subscribers to create more professional and personalized playlists. On Tuesday, the company launched a custom transitions feature that lets you either automatically add transitions between a playlist’s tracks or customize your own…

OpenAI launches a sub $5 ChatGPT plan in India

OpenAI has introduced a new, more affordable paid subscription plan for ChatGPT in India called ChatGPT Go, priced at ₹399 per month ($4.60). This is significantly cheaper than the existing Plus Plan, which costs ₹1,999 (approximately $23) per month. The…

SoftBank makes $2B investment in Intel

Japanese conglomerate SoftBank has agreed to invest $2 billion in Intel, marking a significant commitment to advanced technology and semiconductor development in the United States. The deal, announced after markets closed on Monday, involves SoftBank purchasing Intel common stock at…

Allianz Life data breach affects 1.1 million customers

In July, a data breach at U.S. insurance giant Allianz Life exposed the personal information of 1.1 million customers, according to the data breach notification site Have I Been Pwned. Allianz Life disclosed the breach in late July, confirming that…

X’s declining Android app installs are hurting subscription revenue

Elon Musk’s X is facing challenges on Android devices, with new installs declining significantly while downloads on the App Store continue to grow. According to data from app intelligence provider Appfigures, X downloads on Google Play dropped by 44% year-over-year…