News

Endeavor Group sells Professional Bull Riders, On Location, and IMG to TKO, the parent company of WWE and UFC, in an all-stock deal valued at $3.25 billion as part of Endeavor's efforts to shed assets before a proposed private equity takeout.

October 25th, 2024

Elon Musk, Tesla CEO, announces the future is autonomous electric vehicles, marking the end of driving as we know it. He likens piloted vehicles to horses, saying next-gen tech will replace human-driven cars with self-driving electric vehicles.

October 25th, 2024

Tesla shares pause growth as investors react to court loss, while Chinese markets rise and Japanese markets sink ahead of elections.

October 25th, 2024

An AI assistant, Claude, gains real-time code execution capabilities, expanding its data analysis capabilities and allowing users to write and execute JavaScript code, doing complex math and more.

October 25th, 2024

Join Meta's innovative leadership retreat to explore the future of AI and its impact on the workspace. Discover breaking throughs in AI model size and speed, enabling powerful features on mobile devices.

October 25th, 2024

Shoplazza merchants in the US can now offer buy now, pay later (BNPL) options through Sezzle's flexible payment services, providing alternative payment methods to consumers in line with their demands.

October 25th, 2024

The Biden administration launches a comprehensive plan to apply Artificial Intelligence (AI) for national security, while addressing risks. The strategy aims to boost chip supply chain security, gather intel on foreign AI threats, and share findings with developers to enhance American AI capabilities.

October 25th, 2024

The American Medical Association (AMA) and Illinois State Medical Society (ISMS) file a lawsuit against MultiPlan, accusing the data analytics agency of a price-fixing scheme with commercial health insurers, which has reduced market competition and harmed patients and physicians.

October 25th, 2024

The Mexican Federal Economic Competition Commission proposes fintech reforms to increase financial inclusion, aiming to provide better and more affordable services to 20% of the population that relies solely on cash.

October 25th, 2024

The UK's Competition and Markets Authority (CMA) launches an antitrust probe into Alphabet's $2 billion partnership with AI startup Anthropic, aiming to determine if the deal could undermine competition in the UK market.

October 25th, 2024

KDP and Coca-Cola adapt to changing consumer preferences by expanding into high-growth segments and prioritizing innovation and long-term focus.

October 25th, 2024

AWS and Box partner to help businesses build AI applications, enabling Box users to leverage Amazon Bedrock to build applications with data and foundation models, starting with Anthropic's Claude and Amazon Titan.

October 25th, 2024

The future of B2B payments is fast, global and innovative, but uncertainty remains a challenge. Middle-market firms struggle with cash flow concerns, risk and cost volatility, as they navigate a minefield of financial challenges.

October 25th, 2024

VAT4U's upgraded VAT management platform features a generative AI engine to simplify AP and T&E processes, improving efficiency, reducing costs, and enhancing compliance.

October 25th, 2024

The US Federal Trade Commission sues to block Tempur Sealy's $4.3 billion acquisition of Mattress Firm, citing concerns over reduced competition and potential price hikes for consumers.

October 25th, 2024

Swedish FinTech company Klarna launches a Gift Card Store in the UK, enabling consumers to purchase gift cards from brands like Airbnb, Argos, and IKEA using its buy now, pay later (BNPL) products or instant payment option.

October 25th, 2024

FinMont partners with The Payments Group to integrate cash and eVoucher solutions, enhancing payment capabilities and catering to a broader customer base for international travel merchants.

October 25th, 2024

Amount, a software solutions provider, launches AI Policy Optimizer to help lenders customize credit, pricing, and fraud policies using analytics for automated and improved credit underwriting.

October 25th, 2024

AI giants rush to deploy autonomous digital customer service agents, a bold move that could revolutionize business operations by slashing costs, but raises questions about human oversight.

October 25th, 2024

CEO confidence dips amid geopolitical instability and regulatory uncertainty, with a reading of 51 in Q4, down from 52 in Q3 and 54 in Q2.

October 25th, 2024

Hasbro and Mattel adapt to the digital age, amplifying relationships with consumers through gaming, licensing, and innovative products

October 25th, 2024

Santander's US digital bank to become full-service by 2025, offering high-yield savings accounts and more, following its launch and expansion into the US market.

October 25th, 2024

FinTech IPO comes up flat amidst regulator focus on data and disclosure, Sezzle shares surge, while Affirm's decline

October 25th, 2024

Consumer preferences for payment methods are segmented by shopping channels, with 88% preferring in-person grocery shopping and credits cards dominating online transactions, especially for discretionary spendings like travel.

October 25th, 2024