IPO Market Enjoys $4 Billion Rebound Amid ‘Pent-Up Demand’
As the Financial Times (FT) reported Saturday (Sept. 13), seven large-cap companies went public last week, including buy…
Initial Unemployment Claims Rise to Highest Level Since 2021
More Americans filed for unemployment last week than in any week since 2021, the Department of Labor said…
Ant International and Alipay Aim to Safeguard Digital Wallets
A trio of Asia-based payment providers have teamed to help bolster cross-border digital wallet transactions. The Digital Wallet…
Nebius Raises $3.7 Billion in Wake of Microsoft AI Deal
Dutch cloud computing company Nebius has raised $3.75 million via sales of stock and convertible notes. These sales are designed…
UK’s FCA Proposes Letting PSPs Set Contactless Payment Limits
The United Kingdom’s Financial Conduct Authority has proposed removing its regulatory contactless payment limits, saying fraud controls are…
Sam’s Club Rolls Out AI for Managers
Sam’s Club is moving artificial intelligence out of the back office and onto the sales floor. The Walmart-owned…
US Imports Poised to Decline Amid Tariff, Policy Uncertainty
U.S. import cargo volumes are projected to decline for the remainder of 2025, after a near-record summer surge…
Amazon Launches Lens Live, Expands AI Shopping Features
Amazon has announced the debut of Lens Live, a new visual search feature intended to make product discovery…
Irish Banks Plan Mobile Payments System to Counter Revolut
Ireland’s three retail banks say they will introduce a mobile payment service next year. Zippay, a joint collaboration…
Databricks Raises $1 Billion to Launch Tools for Building AI Agents
Data analytics firm Databricks is closing a $1 billion Series K funding round that values it at over $100 billion,…
Anthropic Agrees to $1.5 Billion Settlement in AI Copyright Case
Anthropic will reportedly pay $1.5 billion to settle a high-profile copyright violation lawsuit. The artificial intelligence (AI) startup…
Walmart Expands OnePay Into Wireless Plans
OnePay is reportedly adding its own branded wireless plan as it works to become an American super app.…