Affirm, a financial technology firm that lends money to shoppers buying goods online, said it confidentially filed with the Securities and Exchange Commission to go public in an initial public offering. The startup, which was founded in 2012 by PayPal’s co-founder Max Levchin, has raised an estimated $1.6 billion to date, PitchBook data shows. Last month, Affirm raised $500 million in a Series...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
AMD Forecasts Sales Slowdown Due to Weak PC Demand
Snap Warns Revenue Could Fall 10% This Quarter
PayPal Lays Off 7% of Staff
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups venture capital
Bolt CEO Cuts Staff a Third Time as Revenue Lags
Exclusive microsoft ai
Microsoft Readies Service to Let Cloud Customers Pool Data Safely