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Tencent is letting PayPal users pay through WeChat’s merchant network, solving China’s tourist payment problem

Apps, China, Digital Marketing, Fintech and ecommerce, Mobile, SEO Tips, Technology /

Tencent has announced that PayPal users will be able to make cashless payments in China by scanning QR codes through WeChat Pay’s merchant network. The integration, which will be available to US-based PayPal users first with more markets to follow, connects PayPal’s 400 million-plus user base to the payment infrastructure that covers virtually every taxi, restaurant, and […]

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The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

Business, Digital Marketing, Finance, Investors and funding, SEO Tips, Space, Technology /

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fallen roughly 17%. AST SpaceMobile, which had become a retail-trading favourite, has sunk nearly 23%. The […]

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Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Anthropic, Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Technology /

Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 million and has continued investing in every subsequent round. With Anthropic’s confidential IPO filing also landing on Monday, Salesforce is positioned […]

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