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Mobile cryptocurrency wallet BRD announced today that it now has more than six million users worldwide, thanks to strong growth in India and Latin America. With this momentum, the company expects to reach 10 million users by early 2021. Founded in 2015, Zurich-based BRD also said it now adds about

Faraday Future, the electric vehicle startup with a messy and complicated past, is planning to go public through a special purchase acquisition company (SPAC) deal. The company's chief executive Carsten Breitfeld told Reuters that the company is working on a reverse merger with a SPAC and ̶

Instagram today is celebrating its 10th birthday with the launch of several new features, including a private “Stories Map,” offering a retrospective of the Stories you’ve shared over the last three years, a pair of well-being updates, and the previously announced IGTV Shopping up

The credit card industry in India appears to be stuck. According to industry estimates, between 30 million to 35 million people in the country today have at least one credit card, with up to 58 million being in circulation. Compare this to almost 1 billion debit cards. One reason the vast majority

Cybersecurity entrepreneur and crypto personality John McAfee’s wild ride could be coming to an end after he was arrested in Spain today, and now faces extradition to the U.S. over charges spanning tax evasion and fraud. The SEC accuses McAfee of being paid more than $23.1 million worth of cr

Venmo’s first credit card is here, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5, 2020. The big story: Venmo launches a credit card PayPal-owned mobile payment app Venmo already offers a Maste

The fintech industry is on a tear. Popular consumer services like Robinhood to Coinbase and Revolut have managed to attract millions of customers, but the most interesting trend right now is embedded finance. Tech companies that don't necessarily provide financial services can embed services fr

It has been over four years since Project Jacquard, Google’s smart fabric technology, made its debut at the I/O developer conference. Launched out of what was then Google’s ATAP unit, Jacquard is currently best known for being available on Levi’s jeans jackets, but Saint Laurent a

Amazon today disclosed that a former employee has been arrested for committing fraud against the online retailer. The company says it reported Vu Anh Nguyen to the Federal Bureau of Investigation in July 2020 for falsely issuing refunds to himself and his associates for products ordered on Amazon.c

Lorne Michaels is the showrunner, to use a binge term, for Saturday Night Live. The show returned for its first season under the watchful gaze of pandemic rule, and the results were thankfully successful. Last season struggled in the early days of the virus, turning into a Zoom-heavy series of aud

The Sustainable Ocean Alliance and its Ocean Solutions Accelerator take on the problems facing our planet’s waters, and the latest cohort of companies in the latter show a fresh slate of issues to address and resources to utilize. From reef rehabilitation to a “Fitbit for fishing boats,

On Thursday, October 1, a federal judge issued a temporary injunction that halted a presidential proclamation issued in June suspending the issuance of visas for some foreign workers until at least December 31, 2020. The Trump administration asserted that the COVID-19 pandemic and its ensuing econo

For quantum cryptography and simulation to become real, the technology requires high-performance light-emitting and light-detecting components that operate at the single-photon level and at ambient temperature. One of the few companies operating in this rarified arena is Nu Quantum. The quantum pho

Predicting the future of technology for people with visual impairments is easier than you might think. In 2003, I wrote an article entitled “In the Palm of Your Hand” for the Journal of Visual Impairment & Blindness from the American Foundation for the Blind. The arrival of the iPhone was s