Week in Review: Notorious hacking group tied to the Spanish government
Welcome back to Week in Review! Tons of news from this week for you, including a hacking group that’s linked to the Spanish government; CEOs using AI avatars to deliver…
Klarna CEO and Sutter Hill take victory lap after Jony Ive’s OpenAI deal
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted…
Klarna used an AI avatar of its CEO to deliver earnings, it said
Sebastian Siemiatkowski is leaning all the way into the idea that his buy-now-pay-later, IPO-bound startup Klarna is an AI company. When Klarna delivered updated quarterly earnings on Monday, it was…
Klarna has halted its planned IPO in the wake of Trump’s tariffs turmoil; StubHub has also delayed its IPO plans (Wall Street Journal)
Featured Podcasts Hard Fork: Tech Stock Shock + Solving the Mystery of OpenAI’s “Blip” + Tinder’s Flirt-Off The future is already here. Each week, journalists Kevin Roose and Casey Newton…
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option (Gael Cooper/CNET)
Featured Podcasts Techmeme Ride Home: A Look At LibGen The day’s tech news, every day at 5pm ET. Fifteen minutes and you’re up to date. Subscribe to Techmeme Ride Home.…
Klarna nabs Walmart away from Affirm and boosts its IPO prospects
On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart. The partnership with Walmart…
Profitable Klarna files for a potentially blockbuster IPO
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Klarna…
Klarna CEO doubts that other companies will replace Salesforce with AI
The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of…
Klarna and Deel eye IPOs, and Stripe embraces crypto
Welcome to TechCrunch Fintech! This week we’re looking at how fintech heavyweights such as Klarna and Stripe are incorporating crypto into their strategies, which companies are planning for IPOs, one…
Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions
Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s…