Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
TechCrunch·60-word summary·1 min read
Salmon has raised $100 million in equity and debt funding to expand digital credit services for underbanked Filipinos, many of whom lack credit history or are dissatisfied with traditional lenders. The funding aims to improve financial inclusion in the Philippines by providing accessible credit options to underserved populations. The company’s efforts focus on addressing reliability concerns in the local lending market.
Microsoft announced a voluntary retirement buyout offer for U.S. employees where those with combined years of service and age totaling 70 or more are eligible. The program aims to reduce staff by up to 7%, encouraging long-serving employees to consider early retirement, with the offer available as of April 2026.
Palantir employees are increasingly questioning their company's role, with internal Slack messages and interviews revealing internal turmoil. The unrest reflects growing concerns among staff about the company's activities, though specific details or dates are not provided. The situation highlights internal tensions within Palantir as employees grapple with ethical considerations related to their work.
Meta is revamping its cross-app management system by transitioning from the Accounts Center to the new Meta Account. This update aims to simplify managing user experiences across Meta's apps and devices. The change is part of Meta's ongoing efforts to improve user integration and streamline account management, though no specific launch date or financial details were provided.
X has shut down its Communities feature due to low user engagement and high spam levels, the company announced. Only a small fraction of users participated, and spam was a significant issue, leading to the decision to discontinue the feature. The move aims to improve platform quality and user experience.
Amazon (AMZN) stock reached a new all-time high of $258.79 on April 23, 2026, up 41.4% over the past year. BMO Capital raised its price target to $315, citing AWS growth acceleration in the first half of 2026. Amazon also invested an additional $5 billion in AI startup Anthropic, with plans for $20 billion more.
AI agents are now executing transactions using cryptocurrency, marking the rise of “agentic finance.” These autonomous systems rely on crypto as their financial backend, enabling new use cases in finance. Experts highlight potential benefits and risks, emphasizing the growing integration of AI and blockchain technology in financial services. This development signals a shift toward more autonomous, crypto-powered financial operations.
