April 19, 2024
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg...

April 19, 2024
Tether and Telegram Join Forces to Enable Crypto Payments

Stablecoin issuer Tether has partnered with the TON Foundation to enable customers to send cryptocurrency payments using encrypted messaging service Telegram. This collaboration aims to create an app that serves...

April 19, 2024
 The Juggling Act That Can Cost Middle-Market Firms $10 Million

This week, an official with the Financial Conduct Authority (FCA), an agency tasked with overseeing firms and markets in the U.K., compared her job to that of a juggler. “Juggling...

April 18, 2024
Wagestream Raises $21.8 Million to Expand Financial Well-Being App

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds...

April 17, 2024
Canada Considering Digital Services Tax Targeting Largest Tech Companies

Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services revenue made from Canadian users,...

April 17, 2024
Report: Flink Raising Money from Investors, Discussing Merger With Rivals

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors. The startup is also in...

April 16, 2024
UK Begins Drafting Regulations for Advanced AI Models

The United Kingdom is contemplating potential regulation for artificial intelligence (AI) as concerns about the safety of AI models continue to grow. Despite the absence of an official regulatory framework,...

April 15, 2024
UK Drafting AI Regulations, But Not Rushing to Introduce Them

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but the government is unlikely to...

April 15, 2024
Bank of England Seeks Input on Retail, Wholesale Payments Technology

The Bank of England is studying the use of new technologies to enhance both retail and wholesale payments functionality. While the central bank has been focused on establishing regulatory regimes for the...