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PayPal wants to become a bank in the US


The San Jose-based firm submitted applications to both the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to form an industrial loan company chartered in Utah. The proposed entity, to be known as PayPal Bank, would allow the company to expand its small-business lending operations and offer...

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Samsung denies ending SATA SSD production amid NAND squeeze


The controversy comes amid escalating demand for semiconductor memory driven by the growth of artificial intelligence infrastructure. Much of the industry's available NAND flash, once destined for consumer hardware such as SSDs, is now being redirected toward hyperscalers and AI labs. That shift has created one of the most constrained...

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A Japanese startup built a speaker that's basically a sheet of fabric


The technology originated at Japan's National Institute of Advanced Industrial Science and Technology (AIST) in 2018, where researchers demonstrated a thin, lightweight, bendable electronic textile. Sensia's new product represents the first commercial application of that research, adapting the concept into a consumer-ready format that requires no traditional speaker cones or enclosures.

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Instacart's algorithm is quietly charging people different prices for the same groceries


A months-long joint investigation by Consumer Reports and Groundwork Collaborative has uncovered widespread price testing on Instacart's grocery delivery platform. The research shows that identical grocery items sometimes cost different amounts for each customer. The disparity is sometimes as much as 23 percent. Investigators detected the tests at several of...

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