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Chime opens at $43 in Nasdaq debut after pricing IPO above expected range

cnbc.com Mackenzie Sigalos 2025-09-21 13:10:15

CEO of Chime, Chris Britt, center right, rings the opening bell during the company's initial public offering at the Nasdaq MarketSite on June 12, 2025 in New York City. Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued the online banking company at $11.6 billion. Late Wednesday, Chime raised about $700 million in its offering, and existing investors sold an additional $165 million worth of shares. The stock is trading under the ticker sy

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Shaq Signs $1.8 Million Check to End His Crypto Drama

gizmodo.com Luc Olinga 2025-09-21 13:40:17

Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed to pay $1.8 million to settle a class-action lawsuit over his role in promoting the now-defunct cryptocurrency exchange FTX. While the payment closes a legal chapter for the former Laker, it also marks a turning point in how courts are treating celebrity endorsements in the volatile world of crypto, a space where stardom once offered both hype and cover. O’Neal is among

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

techcrunch.com Julie Bort 2025-09-21 13:23:17

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

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Oracle shares pop 15% to record high on earnings beat, cloud optimism

cnbc.com Jordan Novet 2025-09-21 17:43:15

Larry Ellison, Oracle's co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendants, the war in Ukraine, cryptocurrencies and other t

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The Fujifilm X-E5 is basically an interchangeable lens X100VI

engadget.com Unknown 2025-09-21 14:39:32

If you have ever looked at the X100VI said to yourself, "Man, I wish Fujifilm would just make an interchangeable lens version of this camera," consider your request answered. Four years after the release of the X-E4, the company has announced the X-E5, a compact, $1,699.95 camera that should appeal to the same crowd that loves X100VI. Inside, the X-E5 has Fujifilm's latest X-Trans CMOS 5 HR sensor. That's the same sensor you'll find on the X100VI, X-T5 and X-T50. It's capable of capturing 40.2-

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Microsoft's Copilot Vision AI helper is now available on Windows in the US

engadget.com Unknown 2025-09-21 17:00:34

Microsoft has begun rolling out a major update for Copilot. Starting today, Windows 10 and 11 users in the US can try out the assistant's Vision feature. The tool allows you to share up to two apps with Copilot, so that you can then chat about what it sees. "[Copilot Vision] acts as your second set of eyes, able to analyze content, help when you’re lost, provide insights, and answer your questions as you go," Microsoft says. Additionally, with its new Highlights functionality, Copilot can even

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Konami and Bloober Team are remaking the original Silent Hill

engadget.com Unknown 2025-09-21 17:06:29

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

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Microsoft's Copilot Vision can now see and analyze your entire PC screen - not just what's in Edge

zdnet.com Lance Whitney 2025-09-21 17:00:00

Lance Whitney / Elyse Betters Picaro / ZDNET Microsoft has expanded the powers and reach of its Copilot Vision AI to help you with all types of content. In a blog post published Thursday, the company revealed that Copilot Vision is now baked into the Copilot Windows app, where you can ask it to analyze and answer questions about any item on your screen. A big leap forward Available in the US for Windows 10 and 11 and coming soon to other non-European countries, Copilot Vision on Windows acts

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Nintendo Switch 2 Blows Past Records to Sell 3.5 Million Consoles in Just 4 Days

cnet.com See Full Bio 2025-09-21 16:46:00

We knew it was highly anticipated, but Nintendo on Wednesday confirmed that its new Switch 2 handheld game console has sold more than 3.5 million units worldwide within the first four days of release. This makes it the fastest-selling Nintendo device ever, flying past other releases like the original Switch, which by comparison sold 2.74 million units in its first month. The Nintendo Switch 2 launched at a price of $450 for the standard America version of the console, which has yet to be affect

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Microsoft’s new Copilot Vision can ‘see’ your apps on Windows

theverge.com Tom Warren 2025-09-21 17:00:00

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Microsoft is launching Copilot Vision for Windows today, an extension of its AI assistant that lets you share your screen or apps so that Copilot can do things like coach you through using Adobe Photoshop features or analyze the photos and webpages you’re looking at. “When you choose to enable it, Copilot Vision can see what you see and talk to you about it in real time,” says

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Konami is remaking the original Silent Hill

theverge.com Jay Peters 2025-09-21 17:00:51

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

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Battery manufacturer Powin files for bankruptcy months after landing $200M loan

techcrunch.com Tim De Chant 2025-09-21 17:28:24

Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. The company had been searching for alternative domestic suppliers, but the supply chain wasn’t sufficiently mature, Jeff Waters, the company’s former CEO, told Bloomberg in April.

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Anduril CEO Palmer Luckey says the defense tech company will 'definitely' go public

cnbc.com Samantha Subin 2025-09-20 04:02:19

Defense tech startup Anduril Industries will go public, founder and CEO Palmer Luckey said Tuesday. "We are definitely going to be a publicly traded company," he told CNBC's "Closing Bell: Overtime." "We are running this company to be the shape of a publicly traded company." He added that there isn't "really a path" for a company like Anduril to win significant trillion-dollar defense contracts without going public. Luckey did not detail an IPO timeline. Since its founding, Anduril has risen

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Lil Snack makes a snackable Scattergories game in partnership with Hasbro

venturebeat.com Dean Takahashi 2025-09-21 21:30:00

When we last talked with Lil Snack, they were a two-person company making little games that were like snacks. For fun, we posted their games on the GamesBeat.com web site, and it was cool to tell people that we had games on our site at the 2024 GamesBeat Summit. It was just a couple of guys using AI to make games. Flash forward to today, and now they’ve got a partnership with Hasbro to make a game based on the Scattergories board game. Lil Snack has ten new games operated daily for as many as

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Rust compiler performance

news.ycombinator.com Kobzol'S Blog 2025-09-19 14:24:44

Perhaps the most often repeated complaint about Rust is its slow feedback loop and long compilation times. I hear about it all the time; in Rust podcasts, blog posts, surveys, conference talks or offline discussions. I also regularly complain about it, being a Rust user myself! Recently, in addition to the usual compile times complaints, I also started noticing the following sentiments being expressed by frustrated Rust developers: “Why doesn’t the Rust Project care more about this pressing and

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Dragon Age: Veilguard development struggled after EA forced, then reversed live-service shift

techspot.com Rob Thubron 2025-09-22 01:41:00

In brief: Dragon Age: The Veilguard's legacy will likely be as the game that ended the once-beloved franchise. While it wasn't a disaster, Veilguard attracted around half the number of players EA expected, leading to mass layoffs and the company's share price falling. Now, a report has shed some light on what happened: Veilguard became a money-making live-service game during development before pivoting back to a single-player title. According to a report by Bloomberg's Jason Schreier, Veilguard

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Password-spraying attacks target 80,000 Microsoft Entra ID accounts

bleepingcomputer.com Unknown 2025-09-22 01:40:25

Hackers have been using the TeamFiltration pentesting framework to target more than 80,000 Microsoft Entra ID accounts at hundreds of organizations worldwide. The campaign started last December and has successfully hijacked multiple accounts, say researchers at cybersecurity company Proofpoint, who attribute the activity to a threat actor called UNK_SneakyStrike. According to the researchers, the peak of the campaign happened on January 8, when it targeted 16,500 accounts in a single day. Such

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This Marshall Bluetooth speaker I tested sounds better than audio systems twice the price

zdnet.com Jack Wallen 2025-09-22 00:52:00

ZDNET's key takeaways The Marshall Killburn III Bluetooth speaker is available on Amazon for $379. With rich, dynamic bass and a wide soundstage, you'll enjoy music of all genres with this speaker You might run into trouble pairing the speaker with the Marshall app (as I had). $379.99 at B&H Photo-Video $379.99 at Crutchfield more buying choices I'm quite familiar with the Marshall brand and its lineup of audio products. I have a Marshall amp that sounds brilliant (much better than I sound wi

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Save $100 on Apple’s latest iPad Air with the M3 chip

theverge.com Cameron Faulkner 2025-09-22 01:46:17

is an editor covering deals and commerce. He joined in 2018, and served as commerce editor at Polygon until May 2025. Discounts have been tough to find on the 11-inch iPad Air with the M3 chip (the 2025 model), but there’s a good one happening on every color available at Amazon and Best Buy. Normally $599, the 128GB tablet is available for $499 — a price that it has sold for just once before in late April. Whether you’re partial to the porcelain-esque starlight color, or the soft blue, you’ll g

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

feeds.bbci.co.uk Unknown 2025-09-22 06:07:53

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

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Towa and the Guardians of the Sacred Tree | hands-on preview

venturebeat.com Dean Takahashi 2025-09-22 06:00:00

Bandai Namco showed up at the Summer Game Fest Play Days with a rogue-lite game from Brownie: Towa and the Guardians of the Sacred Tree. The 2D action-adventure title debuts on the consoles and PC in September. It’s a button-mashing rogue-lite set in a mystic realm where ancient forces are threatening Shinju, an idyllic village at the foot of a living sacred tree. You have to fight with a couple of warriors paired together and control both of them with a single game controller. You have to for

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41 of the Best Movies on Netflix You Should Stream Right Now

cnet.com See Full Bio 2025-09-22 04:00:03

In just 10 years since releasing its first original film Beasts of No Nation, Netflix has evolved into a power player in the movie scene, earning honors at award shows like the Oscars and Golden Globes. The streaming giant received 18 Oscar nominations in 2025 and took home three: two for Emilia Perez and one for best documentary short with The Only Girl in the Orchestra. Popular action films and comedies such as Sicario, Havoc and Hit Man have also helped make Netflix a destination for reliabl

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Kickstarter-funded films are coming to Tubi

theverge.com Charles Pulliam-Moore 2025-09-22 05:00:42

is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. Tubi’s next move to expand its streaming catalog sounds like a win for the indie movie set. Today, Tubi (which is owned by Fox) announced that it is partnering with Kickstarter to distribute a number of films funded on the crowdfunding platform. Beginning this fall, more than 20 movies “that uniquely resonate with Tubi fandoms” will

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When I share files, I skip right past Quick Share and use this app instead

androidauthority.com Unknown 2025-09-22 09:00:25

Andy Walker / Android Authority Sharing files across Android and other devices can be tedious. Although Quick Share has improved slightly since Samsung and Google collaborated, offering a larger feature set than ever, it often feels more cumbersome than convenient. I spend more time connecting to the recipient’s phone than sending the file, which I don’t appreciate. How often do you use Quick Share? 31 votes Daily. 19 % Once or twice a week. 16 % Once a month or less. 45 % I don't use it at al

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Mint Mobile’s Summer Promotion Is Back With 50% Off Its Unlimited Plan, Now Just $15 Per Month

gizmodo.com Mike Fazioli 2025-09-22 09:43:34

Want a good deal on cellular service? A 3-month Mint Mobile 5GB data plan for high-speed data and unlimited text and talk is just $15 per month. Want an incredible deal on cellular service? A 3-month Mint Mobile Unlimited data plan for high-speed data and unlimited text and talk is just … $15 per month. That’s not a typo. For a limited time, 3 months of Mint Mobile’s biggest and best cellular plan, bringing you unlimited data with no hard data caps, is just $15 per month — the same price as Min

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Cadillac Optiq 2025 Review: Prices, Specs, Availability

wired.com John Voelcker 2025-09-22 09:00:00

The 2025 Cadillac Optiq is the US brand’s shot at capturing buyers of small, high-end EVs in North America and several other markets. It’s the latest in a lineup of five electric models from a brand recasting itself as all (or mostly) electric, tech-forward, and truly global—unlike its US luxury-barge image of past decades. I spent eight days in an Optiq in early May, and drove 840 miles throughout upstate New York and environs, and also New York City. It’s a quiet and comfortable small-SUV EV

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