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Blockchain Firm Figure Withdraws Application for Bank Charter

Blockchain firm Figure is the latest fintech company to withdraw its application for a bank charter, a move made after years of waiting answers from US financial regulators. Figure co-founder and former CEO of SoFi Mike Cagney joins Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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Blockchain firm Figure is the latest fintech company to withdraw its application for a bank charter, a move made after years of waiting answers from US financial regulators. Figure co-founder and former CEO of SoFi Mike Cagney joins Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”
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4 Comments

4 Comments

  1. Paul

    September 15, 2023 at 4:04 pm

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  2. Tyshawn Alivia

    September 15, 2023 at 5:03 pm

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  3. shoopddawhooped

    September 15, 2023 at 5:16 pm

    FIGURE was always going to fail since it offers no major improvements over the .xls file extension

    Reply

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    September 16, 2023 at 3:15 am

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Science & Technology

How Apple’s Lawsuit Could Stall OpenAI’s Hardware Plans

Injunctions, restraining orders, delays. The Equity Podcast crew breaks down how Apple’s trade secret lawsuit could throw a wrench in OpenAI’s hardware ambitions.

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17 hours ago

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July 17, 2026

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Injunctions, restraining orders, delays.

The Equity Podcast crew breaks down how Apple’s trade secret lawsuit could throw a wrench in OpenAI’s hardware ambitions.

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Bloomberg Technology

China’s Moonshot, Netflix’s Slump & Greylock’s $1.5B Bet | Bloomberg Tech 7/17/2026

Bloomberg’s Ed Ludlow looks at Chinese startup Moonshot’s latest model, which it says can compete with the best from OpenAI and Anthropic. Plus, Netflix shares tumble after the streaming giant warns of slowing sales growth for a second straight quarter. And, Greylock, one of the oldest venture firms, just raised $1.5 billion for its 18th…

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July 17, 2026

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Bloomberg’s Ed Ludlow looks at Chinese startup Moonshot’s latest model, which it says can compete with the best from OpenAI and Anthropic. Plus, Netflix shares tumble after the streaming giant warns of slowing sales growth for a second straight quarter. And, Greylock, one of the oldest venture firms, just raised $1.5 billion for its 18th fund. We speak with partner Saam Motamedi.
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Science & Technology

How Apple’s big lawsuit could disrupt OpenAI’s IPO plans | Equity Podcast

Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the…

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21 hours ago

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July 17, 2026

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Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO as early as later this year.

On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the lawsuit could mean for OpenAI’s own hardware ambitions and IPO timeline, plus a bigger theme running through the week’s news: how much should anyone trust AI companies with their data?
Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro

00:40 Would you want Sam Altman listening to you?

01:53 Apple sues OpenAI over trade secrets

13:24 Satya Nadella’s warning: “you’re paying twice” with your data

19:03 Open source vs. going deeper with AI labs

24:52 General Catalyst gives David Beckham’s health drink startup $1B

30:05 Ex-OpenAI researcher raises $200M for drug discovery startup

32:58 Outro

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