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Lori Moffett | Bloomberg | Getty ImagesStocks Fidelity National Information Services It’s been the hottest since 2023, after the company reported quarterly revenue that had not reached Wall Street estimates and issued disappointing forecasts.Stocks fell 12% during afternoon trading, heading towards its biggest decline since March 2023. Compared to the analyst consensus estimates from LSEG, the company’s method is as follows:Earnings per share: $1.40 adjusted vs. $1.36 forecast: $2.6 billion vs. $2.63 billionIn a statement Tuesday, FIS said fintech company revenues rose 3.5% from $2.5 billion a year ago. Net income jumped almost five times to $344 million, or 56…
In Israel, the liberation of prisoners from Gaza was celebrated, each welcoming scenes of joy on the country’s streets. Meanwhile, the Palestinians were told that prisoners released by Israel were not allowed to do such a thing. In fact, attempts to welcome prisoners into their homes were expressly prohibited by Israel. In an incident that underscored tensions, Israeli forces began retaliation operations one day after the release of Ashraf Zugaea, a 46-year-old Palestinian who was jailed from the age of 23 and was sentenced to six life sentences. When neighbors and family members openly celebrated Zghair’s release on Saturday, January…
The announcement comes after Hamas said he would suspend the release of prisoners of war, citing Israel’s ceasefire violation.Yemen’s Houthis announced it is ready to attack Israel if it revives its ceasefire contract with Hamas and resumes its attack on Gaza. Prime Minister Abdel Malik Al Haucci said in a speech aired on Tuesday that the group is “ready to launch military intervention at any time in the event of an escalation against Gaza.” “Our hands are on the trigger,” he said. The Houtis, which controls most of Western Yemen, including the capital Sanaa, launched an attack during the Gaza…
Palo Alto, USA, February 11, 2025, ChainWire 3DO, the world’s first decentralized manufacturing network, has chosen Walrus as a distributed storage solution to enhance the growing ecosystem of AI-driven manufacturing tools and 3D printing designs. Following last year’s announcement to build networks with SUI, the partnership highlights 3DOS’s mission to halt and localize global manufacturing and ensure supply chain resilience and accessibility. Global manufacturing network with AI As part of this vision, 3DOS is launching AI-powered Chrome extensions that cut and index global manufacturing capabilities beyond 3D printing. The tool collects real-time data on factories, CNC machining, injection molding, and…
The announcement that Palestinian group Hamas would suspend the release of prisoners of war in Gaza divided Israeli society. Hamas said Monday that the suspension was a response to a violation of the Israeli ceasefire in Gaza and came into effect on January 19. The Palestinian group cited the delayed return of displaced people to different regions to different regions of Gaza, citing that all aid would not be allowed to enter. It was agreed as part of the transaction. And on Tuesday, Israeli Prime Minister Benjamin Netanyahu said if Hamas does not continue to release prisoners on Saturday, his…
Welcome to TechCrunch Fintech! This week we are considering fintech heavyweights like Klarna and Stripe incorporating Crypto into their strategy. This is a company planning IPOs such as Super Bowl ads for IPOs, Stripe’s new startups and venture capital. Subscribe to our list of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8am. Big story Image credit: Klarna Klarna CEO Sebastian Siemiatkowski posted in a post on February 8th that he and Klarna “accept Crypto” in X’s post. According to the Financial Times, Swedish Shopping Now is Swedish Purchase Now. That’s about a third…
Apple Tuesday has announced the long-awaited debut of the Powerbeats Pro 2 Earbuds. The new headphones have arrived nearly six years since the original PowerBeats came to the market. This new model maintains the familiar ear hooks for your workouts while offering upgraded sound, better battery life and a wireless charging case. The earphones also feature built-in heart rate monitoring, indicating the key next step in the company’s bid to expand its healthcare capabilities. This feature is triggered during training and provides real-time data via an LED light sensor. In addition to Apple’s own health app, surveillance is compatible with…
WASHINGTON (AP) – Federal lab tracking progress in American students is hit by nearly $900 million cuts Elon Musk The government’s efficiency department has found that it doesn’t require much of its work.It is unclear how well the Ministry of Education’s Institute of Education Sciences will be after Musk’s team has significantly reduced contract scores. The industry group said at least 169 contracts ended abruptly on Monday, accounting for much of the lab’s job. Education Department We didn’t share any details about the cut right away. Agency spokesman Madison Biederman said the action would not affect key IES work. NAEP…
In a recent blog post, Openai CEO Sam Altman has a look at how artificial general information (AGI) is approaching reality and what it means for the economy, society and the future of work. We shared our thoughts. His observations paint the world on the brink of massive change driven by AGIs. AGI: The next step in human innovation Altman sees AGI as both a continuation of a long history of building tools and a potential game changer that could dramatically change our lives. While AGI is based on past innovations such as electricity, computers, and the Internet, Altman suggests…
Stripe is in discussions with another shareholder sale that could “at least” value the company for $85 billion, according to sources familiar with multiple reports and issues. This information first reported news that the payment infrastructure giant is working to sell employee-owned stock. The move will help workers gain some liquidity as Stripe continues to refrain from planning to publish its long-awaited plans. Stripe conducted a similar tender offer last February, valued at $70 billion. The company surged to a $95 billion valuation in 2021, making it one of the most valuable private companies in the world. In January, Stripe…