EMEA Daily: EU Meets Big Tech, Gorillas Cuts Jobs
EMEA Daily: EU Meets Big Tech, Gorillas Cuts Jobs
May 24, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, representatives of the European Parliament travel to Silicon Valley for a week-long meeting with...

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German Delivery Service Gorillas Cuts 300 Jobs
German Delivery Service Gorillas Cuts 300 Jobs
May 24, 2022  |  Delivery

German grocery delivery app Gorillas will lay off 300 workers — a move that halves its administrative staff — as the company moves its focus...

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71% of Mid-Market Firms Say Pandemic Advanced Payments Processes, Systems
71% of Mid-Market Firms Say Pandemic Advanced Payments Processes, Systems
May 24, 2022  |  Digital Payments

Six in 10 chief financial officers (CFOs) believe that payments digitization is “very” or “extremely” important to building healthier balance sheets, according to “Business Payments...

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Stripe Apps Offer One-Stop Shop for Users, Allowing Developers to Broaden Reach
Stripe Apps Offer One-Stop Shop for Users, Allowing Developers to Broaden Reach
May 24, 2022  |  Ecosystems

Stripe, a financial infrastructure platform for businesses, on Tuesday (May 24) announced it has launched Stripe Apps and the Stripe App Marketplace, creating a one-stop...

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eCommerce Chatbot Maker Zowie Raises $14M
eCommerce Chatbot Maker Zowie Raises $14M
May 24, 2022  |  Investments

Zowie, maker of an AI (artificial intelligence)-powered chatbot for eCommerce companies, announced Tuesday (May 24) that it had raised $14 million in Series A funding....

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FinTech Gibobs Gets Backing from Global PayTech Ventures
FinTech Gibobs Gets Backing from Global PayTech Ventures
May 24, 2022  |  Investments

Global PayTech Ventures (GPT) recently invested in European FinTech platform Gibobs Allbanks to help users access financial services, according to a company press release Tuesday...

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Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
May 24, 2022  |  Economy

Snap has issued a profit warning, saying it will cut back on hiring and spending, part of a larger trend of social media companies struggling...

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Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022  |  Technology

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...

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NFTs Being Used for Hotel, Resort Reservations
NFTs Being Used for Hotel, Resort Reservations
May 24, 2022  |  NFTs

Non-fungible token (NFT) technology is meeting travel technology in the lobby of resorts and hotels with the launch of NFTs that hotel guests can buy,...

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