PayPal wants to become a bank in the US

The San Jose-based firm submitted applications to both the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to form an industrial loan company chartered in Utah. The proposed entity, to be known as PayPal Bank, would allow the company to expand its small-business lending operations and offer......

A Japanese startup built a speaker that’s basically a sheet of fabric

The technology originated at Japan's National Institute of Advanced Industrial Science and Technology (AIST) in 2018, where researchers demonstrated a thin, lightweight, bendable electronic textile. Sensia's new product represents the first commercial application of that research, adapting the concept into a consumer-ready format that requires no traditional speaker cones or...