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Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B.

One of the year’s most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, above its previously announced range of $24 to $26. That gave it a starting market cap of about $9.8 billion. While some would point out that this is far below its last private valuation of $25 billion, according to PitchBook’s estimates, shares opened at $42, putting it at $14.5 by midday in heavy trading, according to Yahoo Finance. The hungry response

Konami and Bloober Team are remaking the original Silent Hill

A remake of the original Silent Hill is in development, it was revealed during Konami's Press Start stream on Thursday. An image announcing that another Silent Hill game from developer Bloober Team was in the works appeared during the stream. It was accompanied by music from the first game in the series. The official Japanese Silent Hill account on X later clarified that Bloober is modernizing the original 1999 entry. Back in February, it emerged that Bloober is making a new title based on Kona

Konami is remaking the original Silent Hill

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Get ready for more Silent Hill. As part of its Press Start online presentation on Thursday, Konami announced that it’s remaking the original Silent Hill in partnership with Bloober Team, the studio that developed last year’s well-received Silent Hill 2 remake. Konami didn’t share any more details beyond that the game is in development; the presentation didn’t include any foota

Razer Kishi V3 family gives you three choices for your next mobile controller

TL;DR Razer launched three telescopic mobile controllers today: the Kishi V3, Kishi V3 Pro, and Kishi V3 Pro XL. The Kishi V3 Pro is the follow-up to 2024’s Kishi Ultra, while the Kishi V3 removes some premium features to bring the price down. The Kishi V3 will cost $99, the Kishi V3 Pro will cost $149, and the Kishi V3 Pro XL will cost $199. In April 2024, Razer launched the Kishi Ultra ($149.99 at Amazon), its top-of-the-line telescopic mobile controller. It had almost all the bells and whi

Topics: kishi pro razer ultra v3

Best Merino Wool T-Shirts (2025), Tried On and Tested

We are talking about $80 (or more) T-shirts here, so this is valid question. I think merino T-shirts are worth the investment. They offer considerable benefits over cotton and other natural fibers, as well as synthetics. Merino offers great temperature regulation, excellent moisture wicking, and they don't smell, which means you can wear them more and don't need as many of them. Three merino T-shirts in your wardrobe will last you as many days as 10 cotton shirts, so from a financial angle it's

Razer’s new mobile controller can stretch wide enough to fit an iPad Pro

The iPad Mini is no longer the biggest tablet you can fit into a mobile gaming controller (without breaking it a little). Razer’s new $199.99 Kishi V3 Pro XL can accommodate a 13-inch iPad or Android tablet that uses a USB-C connector. It’s like Razer’s 2013 Edge, in spirit at least. My 10.9-inch iPad Air is a cinch to fit inside of the Kishi V3 Pro XL, and having even this large of a screen to play on is a treat. How could it not be? Not only that, its speakers sound fantastic for playing game

Topics: ipad kishi pro v3 xl

Meta urged to go further in crackdown on 'nudify' apps

Meta urged to go further in crackdown on 'nudify' apps 8 minutes ago Share Save Tom Gerken Technology reporter Share Save Getty Images Meta has taken legal action against a company which runs ads on its platforms promoting so-called "nudify" apps, which typically using artificial intelligence (AI) to create fake nude images of people without their consent. It has sued the firm behind CrushAI apps to stop it posting ads altogether, following a cat-and-mouse battle to remove them over a series

Mythical Games launches FIFA Rivals worldwide touting digital ownership

FIFA Rivals, the officially licensed arcade-style mobile soccer game, is now available for download on the App Store and Google Play around the world. Powered by FIFA’s global license and Mythical Games’ hybrid Web2/Web3 game platform, FIFA Rivals delivers an arcade-style football experience with gamers building their dream teams and attempting to dominate their rivals by competing in live events and PvP leagues. Following a successful soft launch, the global launch introduces innovative featu

The Olto is a future-forward e-bike that can accommodate two passengers

Infinite Machine made waves with its retro-futuristic P1 electric bike. That one was built for speed, but the company is back with something that's more for urbanites commuting to and from work. The Olto boasts 40 miles of range and a top speed of 33 MPH, with a 20 MPH limit while riding in the bike lane. Just like the P1, the Olto e-bike looks both futuristic and retro, with a design that can only be described as "Cybertruck meets a scooter from Tron." This bike could be a boon for commuters,

The Download: AI agents’ autonomy, and sodium-based batteries

In recent months, a new class of agents has arrived on the scene: ones built using large language models. Any action that can be captured by text—from playing a video game using written commands to running a social media account—is potentially within the purview of this type of system. LLM agents don’t have much of a track record yet, but to hear CEOs tell it, they will transform the economy—and soon. Despite that, like chatbot LLMs, agents can be chaotic and unpredictable. Here’s what could

It’s Not Free Yet, but This 15″ HP Laptop (Core i7, 2TB SSD, 64GB RAM) Is $2,600 Off on Amazon

When it comes to laptops, there’s a model for every type of user – students, professionals, creative souls, and everyone in between. At the moment, Amazon is putting on an amazing sale on a model that meets all requirements: HP 15.6-inch touchscreen laptop (Intel Core i7, 2TB SSD, 64GB RAM) which is currently available at an all-time low price: This powerhouse of a machine (suited for any type of user) which normally costs $3,599, is now available for just $999 which is a 72% discount. This is

China's racing to build its AI chip ecosystem as U.S. curbs bite. Here's how its supply chain stacks up

In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT Chip engineer handling a wafer. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing is placing hopes on domestic alternatives such as Huawei. The task has been made more challenging by the fact that U.S. curbs not only inhibit China's access to the world's most advanced chips, but also restrict availing technology vital for c

Huawei 'has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC

If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world's second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday. "Our technology is a generation ahead of theirs," Huang told CNBC at the sidelines of the Viva Technology conference in Paris. However, he warned that: "If the United States doesn't want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else co

Nvidia CEO says this is the decade of robotics and autonomous vehicles

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Autonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang. "This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines," Huang told CNBC's Arjun Kharpal Thursday at the Viva Tech conference in Paris

Craig Federighi explains why it took so long to make the iPad more Mac-like

iPadOS 26 arguably brings the biggest update to the iPad ever seen, turning it into something much more Mac-like in both UI and capabilities. But since iPads have been using the same chips as Macs since 2021, why did it take so long? That’s the question Apple’s software head Craig Federighi sets out to answer in a new interview … iPadOS 26 is so ground-breaking that I argued Apple has finally turned the device into something worthy of the term ‘computer.’ The biggest change by far is proper w

Watch Konami's Press Start Metal Gear and Silent Hill stream at 9AM ET

In case all the content from Summer Game Fest wasn't enough, Konami has you covered. Today at 9AM ET the developer will stream Konami Press Start, a new showcase featuring updates (and hopefully new gameplay) for Metal Gear Solid Delta: Snake Eater and Silent Hill f, among other titles. It will stream on Konami’s YouTube channel and is expected to run 37 minutes. On top of news about the aforementioned two games, Konami has promised more — perhaps news around the Gradius Origins collection comi

Best Internet Providers in Washington, DC

What is the best internet provider in Washington, DC? Whether you've lived in Washington, DC for a while or are moving into the area, there are plenty of choices to explore. The three that stand out are Xfinity, Astound Broadband and Verizon Fios -- although wireless internet from regional ISPs like Starry Internet, DC Access and T-Mobile's 5G are also a good shout. But which comes out on top? CNET recommends Verizon Fios as the best internet provider in Washington, DC -- namely for its top sp

Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images When Matt Kubancik, a small business owner in Louisville, Kentucky, cast his ballot for Donald Trump in November, he was hoping that the Republican nominee's return to the White House would provide a spark to the economy and lead to reduced prices for gas and groceries. Instead, the first half-year

Nvidia's first GPU was made in France — Macron wants the country to produce cutting edge chips again

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France's president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. French President Emmanuel Macron on Wednesday made a pitch for his country to manufacture the most advanced chips in the world, in a bid to position itself as a critical tech hub in Europe. The comments come as European tech companies and countries are reassessing their reliance on foreign technology f

AI chatbots restricted in China during exam season to prevent cheating

In brief: The problem of students using AI to cheat on their exams has become a major headache for schools around the world. But China has come up with a solution that could prove effective: AI companies are suspending some of their chatbots' features during exam seasons. Makers of some of China's most popular AI apps, including Alibaba's Qwen and ByteDance's Doubao, have stopped the tools' picture-recognition features from responding whenever they are used to identify and answer questions rela

Topics: ai china exam exams using

Steam Next Fest is now live: Here are some of the best demos to try

The June 2025 Steam Next Fest will host hundreds of new free demos through Monday, June 16, at 1 PM ET. Several games showcased during last week's industry events are playable here, and some of the most intriguing selections are scheduled to launch within the next few weeks. Although Valve's event ends next week, some of the demos might remain available indefinitely. Hell is Us (launching September 4) This upcoming third-person shooter features fast-paced combat with surreal enemies as players

Government considers social media time limits for children

Government considers social media time limits for children 3 days ago Share Save Adam Hale BBC News Zoe Kleinman • @zsk Technology editor Share Save Getty Images Plans being discussed by ministers include limiting the time children can spend on social media apps The government is considering introducing tougher online safety measures to limit the amount of time children can spend on social media, the BBC understands. Proposals include a two-hour cap on the use of individual social media apps

China's electric cars are becoming slicker and cheaper - but is there a deeper cost?

China's electric cars are becoming slicker and cheaper - but is there a deeper cost? 2 days ago Share Save Theo Leggett International Business Correspondent Share Save BBC Listen to Theo read this article In China, they call it the Seagull, and it has looks to match. It is sleek and angular, with bright, downward-slanting headlights that have more than a hint of mischievous eyes about them. It is, of course, a car. A very small one, designed as a cheap city runabout – but it could have huge s

IBM announces new quantum processor, plan for Starling supercomputer by 2029

Parts of the IBM Quantum System Two are seen at IBM Thomas J. Watson Research Center in Yorktown Heights, New York, on June 6, 2025. IBM on Tuesday announced a roadmap to develop a large-scale, fault-tolerant quantum computer called Quantum Starling. Part of the company's plan involves the new IBM Quantum Nighthawk processor, which is set to release later this year, according to a blog post announcing the details. "Unlocking the full promise of quantum computing will require a device capable

Chime's IPO will test public market appetite for fintech as companies line up to exit

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There's a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The next test of Wall Street's enthusiasm is expected to come on Thursday, when Chime is slated to start trading on the Nasdaq. The provider of online bank

Survey reveals the fierce loyalty of Android fans

Robert Triggs / Android Authority While the name of our site shows where our main loyalties sit, we’re not afraid to praise Apple when it pulls off an engineering feat. That said, we know our fans are mainly of the Android persuasion. What we wondered was, how many of you would consider switching from Android to iOS at some point? We ran a poll to find out. For full transparency, we ran the survey in an article by Mitja Rutnik about why he personally wouldn’t consider switching. Mitja makes a

Designers speak out about Apple’s Liquid Glass design

With such a significant update to the look and feel of Apple devices, it’s not surprising that design and UI professionals have things to say about the new Liquid Glass design language. As you might expect, views are mixed, but it’s notable how willing people are to give Apple time to refine the look based on reactions to the early betas … Wired spoke to a number of designers, and most see it as a bold and fresh look. Serhii Popov, a design-first software engineer at MacPaw […] is overall ena

macOS dropping support for AirPort/Time Capsule disk Time Machine backups next year

Apple disbanded its router hardware team in 2016 and officially exited the business in 2018. Now in 2025, Apple is signaling that one of the last remaining benefits of its networking hardware will be disabled next year. Spotted by @StellaFudge on X, macOS Tahoe 26 includes a warning message when using Time Machine to back up a Mac to Apple router-connected storage. The next major version of macOS will no longer support AirPort Disk, or other Time Capsule disks, for Time Machine backups. When

Apple explains Siri delays, teases more new features are coming

During its WWDC keynote, Apple addressed one big elephant in the room: Siri’s delayed features that were announced last year but never shipped. And now in a new interview, Siri’s recently-appointed boss Craig Federighi has explained more of the reasoning behind the delay, and teased even more new features are coming. Craig Federighi promises Apple will ship every Siri feature previously announced ‘and more’ Craig Federighi is Apple’s software chief, and as such tends to get a lot of PR time du