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Disney sent a cease-and-desist letter to ByteDance, claiming it infringed on Disney's works to train its Seedance 2.0 video generation model without pay (Sara Fischer/Axios)

Sara Fischer / Axios : Disney sent a cease-and-desist letter to ByteDance, claiming it infringed on Disney's works to train its Seeda...

2 June 2025

UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users (Yadarisa Shabong/Reuters)

Yadarisa Shabong / Reuters:
UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users  —  Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time and a sharp rise …

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