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🗓️ 31 July 2025
⏱️ 3 minutes
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0:00.0 | Americans love using their credit cards, the most secure and hassle-free way to pay. |
0:04.0 | But DC politicians want to change that with the Durban Marshall Credit Card Bill. |
0:08.0 | This bill lets corporate megastores pick how your credit card is processed, |
0:13.0 | allowing them to use untested payment networks that jeopardize your data security and rewards. |
0:18.0 | Corporate megastores will make more money and you pay the price. |
0:22.1 | Tell Congress to guard your card because Americans lose when politicians choose. Learn more at |
0:28.1 | guard your card.com. Here's your afternoon TNB Tech Minute for Thursday, July 31st. I'm |
0:36.5 | Arianna Aspuru for the Wall Street Journal. |
0:39.6 | In its stock market debut, software company Figma soared more than 200% in one of the |
0:45.6 | splashiest initial public offerings in years. The stock opened at $85 a share, which is more than |
0:51.8 | twice its IPO price and the best first day showing in recent memory |
0:55.9 | for a major offering. The IPO valued Figma above $19 billion, raising $1.2 billion, making it the |
1:04.3 | largest venture-backed tech IPO since 2021. Next up, some earnings news. Amazon.com reported sharp increases in sales and profit, |
1:14.4 | partly fueled by the growth of its cloud computing business. The tech giant said that revenue |
1:19.0 | rose by 13% during the second quarter to $168 billion, and profit grew 35%. The sales figure was broadly in line with Wall Street |
1:29.2 | projections. Apple also reported earnings. iPhone sales blew past Wall Street's expectations |
1:35.4 | in the June quarter, as some U.S. consumers rushed to buy their devices before potential |
1:40.4 | price increases from tariffs. Robust sales growth for the company's signature product |
1:45.8 | was the highest increase in years, exceeding 13%. Overall sales came in at $66.6 billion, |
1:53.9 | which is about 10% higher from the same period a year ago. And finally, Apple, Google, Microsoft, and Samsung have been revising or retracting |
2:04.0 | certain claims about their newest, hottest AI products. In response to a probe by an ad industry's |
2:10.2 | self-regulatory group into whether marketers are overstating the capabilities or availability of |
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