European Parliament Says Big Tech CEOs Must Attend Virtual Hearing

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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,...

READ MORE >
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...

READ MORE >