UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub

Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches of funding, starting with $430 … Read more

Adobe scolded for hosting ‘Ansel Adams-style’ images generated by AI

World-famous photographer and environmentalist Ansel Adams (pictured, 1983) is best known for his black-and-white landscape photographs. | Photo by Barbara Alper/Getty Images Adobe found itself in hot water this weekend after the Ansel Adams estate publicly scolded the company for selling generative AI imitations of the late photographer’s work. On Friday, Adams’ estate posted a … Read more

PawFury’s Presale Raises Over $3 Million

NEW YORK , USA, June 3, 2024 – PawFury (PAW), the innovative memecoin that blends entertainment with real-world environmental impact, has achieved a remarkable milestone in its ongoing presale, raising over $3 million. This unprecedented success has left investors both surprised and eager, with many predicting PawFury to be the next big memecoin sensation, following … Read more