Browsing: million

Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services.Bloomberg | Bloomberg | Getty ImagesBEIJING — Baidu plans…

Processing ContentKey insight: The CEOs of JPMorganChase, Wells Fargo, Goldman Sachs and Capital One each received compensation of at least $40 million in 2025.Supporting data: Of…

Key insight: Dechanta Benning established a shell company and used mobile deposit technology to cash stolen checks, a methodology becoming standard for fraudsters.Supporting data: The American…

Key insight: Threat actors likely used “vishing” or voice phishing to compromise IT support at a third-party vendor, believed to be Salesforce. What’s at stake: While account…

Key insight: The neobank posted a Q4 net loss of $20.8 million, widening 16.2% from the previous year, despite hitting record operating income.What’s at stake: The…

By Paula Sambo (Bloomberg) — Vancity, one of Canada’s largest credit unions, and an Indigenous-owned private credit firm launched a $100 million partnership to finance housing…

Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone.Bloomberg | Bloomberg | Getty ImagesBEIJING — An Alibaba-backed AI startup is currently being valued at $4.8…

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC The investing…

Key insight: The attacker gained access to 700Credit’s system by first compromising a third-party partner’s system in July, and then launching the data scraping attack months…

Kraken is one of the world’s largest crypto exchanges.Tiffany Hagler-Geard | Bloomberg via Getty ImagesKraken confidentially filed to go public in the U.S., a person familiar…