European Parliament Says Big Tech CEOs Must Attend Virtual Hearing
European Parliament Says Big Tech CEOs Must Attend Virtual Hearing
January 19, 2021  |  Regulation

If the chief executives of Big Tech companies in the U.S. don’t show at next month’s virtual hearing, some European Parliament members (MEPs) said sanctions...

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Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down
Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU...
January 19, 2021  |  News

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans...

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MGM Backs Off Acquisition Of British Gaming Platform Entain
MGM Backs Off Acquisition Of British Gaming Platform Entain
January 19, 2021  |  Acquiring

MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected...

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Bank Of America’s Mobile Banking Customers Top 30 Million
Bank Of America’s Mobile Banking Customers Top 30 Million
January 19, 2021  |  Earnings

Bank of America announced on Tuesday (Jan. 19) that its revenue net of interest expense for Q4 2020 fell 10 percent compared to the year-ago...

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In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021  |  IPO

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched...

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Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021  |  Investments

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the...

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Today In B2B: Plastiq Links Into QuickBooks; Tide Expands Into India
Today In B2B: Plastiq Links Into QuickBooks; Tide Expands Into India
January 19, 2021  |  B2B Payments

Today in B2B payments, Plastiq loops its platform into QuickBooks and Tide expands into India. Plus, Personio raises $125 million, Infineon launches employee ID payment...

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Indian Delivery Platform Dunzo Raises $40 Million In Round Led By Google, Lightbox
Indian Delivery Platform Dunzo Raises $40 Million In Round Led By Google, Lightbox
January 19, 2021  |  Investments

India-based delivery startup Dunzo is closing a $40 million Series E funding round led by Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, Alteria,...

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Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
January 19, 2021  |  IPO

Online greeting card and gifts retailer Moonpig is planning a $1.6 billion initial public offering (IPO) for a listing on the London Stock Exchange. Get...

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