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layoffs: Neobank Fi lays off 10% of workforce; lags behind on fiscal revenue target

The layoffs have been undertaken to increase its cash runway from almost one and a half years currently to two years and are expected to impact employees across functions including engineering, product, analytics and process excellence, among other teams. ....

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worldline: Worldline starts its own merchant acquisition in India

French payment company has been offering digital payment services in India for years, but only on behalf of banking partners. But now it intends to acquire its own merchants for both online and offline payments. ....

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jony ive sam altman: Ex-Apple designer Jony Ive, OpenAI's Sam Altman in talks for AI hardware: report

SoftBank CEO Masayoshi Son has also been involved in some aspects of the conversation but it is unclear if he will remain involved, the report added. ....

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us waiver south korean chipmakers: US to indefinitely extend China waiver for South Korean chipmakers

The US Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said news agency Yonhap, citing unnamed sources, adding that the US would make related announcements as early as this week. ....

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tesla gigacasting tech: Tesla working on 'gigacasting' tech to mould underbody in one piece

Tesla has pioneered the use of huge presses with 6,000 to 9,000 tons of clamping pressure to mould the front and rear structures of its Model Y in its "gigacasting" process that has slashed production costs. ....

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