Deel Hits $17.3 Billion Valuation Amid Spying Scandal With Rival

Plata, a fintech company based in Mexico, has successfully raised $250 million in a new equity funding round, bringing its valuation to an impressive $3.1 billion. This significant investment will enable Plata to expand its operations and transition into a full-fledged bank, marking a pivotal moment in its growth journey. The funding not only highlights investor confidence in Plata's business model but also underscores the increasing importance of fintech solutions in the banking sector.

Cantor Fitzgerald LP is making headlines as it seeks to raise $25 billion for Tether Holdings, a move that highlights the growing confidence in the cryptocurrency market. This ambitious fundraising effort not only reflects the bank's strong position in the investment landscape but also signals a potential shift in how traditional finance interacts with digital assets. Investors are keenly watching this development, as it could pave the way for more significant investments in the crypto space, ultimately shaping the future of finance.

Salesforce has announced a significant investment of $15 billion in San Francisco aimed at advancing artificial intelligence and creating jobs over the next five years. This move not only highlights Salesforce's commitment to innovation but also promises to boost the local economy by generating employment opportunities, making it a noteworthy development for both the tech industry and the community.

Garmin's Fenix smartwatch is now available at Walmart with a significant $300 price cut, making it an attractive option for fitness enthusiasts and tech lovers alike. This early discount feels like a Black Friday deal, allowing customers to access high-performance features at a more affordable price. Such savings not only enhance the appeal of the Fenix but also highlight Walmart's competitive pricing strategy in the tech market.

The long-awaited smart security camera is finally available for purchase, and it's surprisingly affordable. This product is set to revolutionize home security by offering advanced features at a price that won't break the bank, making it accessible to a wider audience. It's an exciting development for anyone looking to enhance their home security without overspending.

The discussion around building large front-end applications without frameworks like React is gaining traction. Developers are exploring alternative methods that could offer more flexibility and control over their projects. This matters because it challenges the conventional reliance on popular frameworks, potentially leading to innovative solutions and a deeper understanding of front-end development.

The UK and Japan are stepping up to potentially lead a global alliance focused on responsible AI development. As artificial intelligence continues to evolve rapidly, these nations are exploring how to balance ethical considerations with the need for innovation. This initiative is significant because it could set a precedent for international cooperation in AI governance, ensuring that technological advancements benefit society while minimizing risks.

Glen Schofield, a former director of the Call of Duty franchise, has expressed significant concerns about the series' future under Microsoft's ownership. He stated that he worries immensely about the direction the games are taking, noting that none of the recent titles have met expectations. This matters because Call of Duty has been a cornerstone of the gaming industry, and its decline could impact not only fans but also the broader gaming market.

WIRED has rigorously tested over 100 bed-in-a-box mattresses, and the standout choice is the Helix Midnight Luxe hybrid. This mattress not only promises a great night's sleep but also represents the best option available for online shoppers. With such extensive testing, consumers can feel confident in making an informed decision for their sleep needs.