(Reuters) -The Consumer Financial Protection Bureau (CFPB) on Thursday ordered payments firm Block to pay a penalty citing fraud and weak security protocols on its mobile payment service Cash App. The regulator said Block deprived Cash App users of meaningful and effective customer service and left the network vulnerable to criminals defrauding users. The move is one of the final...

Primech Holdings Limited ( PMEC )‘s subsidiary Primech AI Pte. Ltd announced an upgrade to its HYTRON bathroom cleaning robot, integrating advanced NVIDIA Corp technology. The upgraded HYTRON model now features the NVIDIA Jetson Orin Super, a System-on-Module (SoM) known for its powerful edge AI and robotics performance. This integration enables the robot to achieve improved energy efficiency, enhanced performance, and...

10:12 AM EST, 01/16/2025 (MT Newswires) -- KKR (KKR) said Thursday it has invested an undisclosed amount in Austria-based smaXtec together with technology investor Highland Europe. Existing shareholder Sophora Unternehmerkapital will retain a minority stake in the dairy industry-focused agri-tech provider smaXtec, the company said. SmaXtec's technology supports dairy farming by detecting diseases early, monitoring fertility through heat detection, and...

10:03 AM EST, 01/16/2025 (MT Newswires) -- Blaize ( BZAI ) said Thursday it's launching a partnership with AlwaysAI. The project will combine AlwaysAI's computer vision technology with Blaize's ( BZAI ) chipsets and edge devices, Blaize ( BZAI ) said. AlwaysAI's technology allows the real-time detection of people, objects and events for clients in sectors like automotive, retail, manufacturing,...