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Swedish payments firm Klarna launched its IPO on the NYSE, valuing it at about $15.1 billion. Priced above expectations at $40 per share, the offering raised $1.37 billion. Klarna aims to expand in the U.S., now its second-largest market, amid rising buy now, pay later demand.
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As of December 2025, major tech firms including HP, Amazon, Meta, and IBM are accelerating AI adoption, leading to thousands of job cuts and workforce shifts. HP plans to cut up to 6,000 jobs by 2028, citing AI-driven productivity gains. Meanwhile, AI-assisted "vibe coding" has been named Collins Dictionary's 2025 word of the year, reflecting a transformative shift in software development and workplace culture.
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Recent articles highlight ongoing financial struggles: in Libya, cash shortages persist; in the UK, bank branch closures lead to reliance on hubs; and in the US, cashless trends impact vulnerable populations. Meanwhile, Black Friday BNPL debt rises amid record spending.