Exchange operator Deutsche Boerse will be removing Wirecard from the DAX index of leading German blue-chip stocks following a rule change, signaling another blow for the disgraced payments company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Facebook’s acquisition of Giphy has hit another snag, with the United Kingdom’s competition watchdog ordering the tech giant to appoint a “formal hold separate manager” to ensure the independence of the GIF-maker as an antitrust review pushes forward. Get the Full Story Complete the form...
Despite President Donald Trump’s executive order to ban TikTok effective Sept. 15, the Chinese app is not going down without a fight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
New York State Senate Deputy Leader Michael Gianaris has introduced new legislation to help tamp corporate power and the stifling of competition, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Already reeling from the coronavirus, Uber’s and Lyft’s fortunes now face another big hit as California’s top labor official takes the ridesharing services to court on charges of “systematic wage theft.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Google’s push into the fitness tracker and smart watch market has hit a major snag. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The U.S. Department of Justice (DOJ) has launched a probe into Intuit’s $7.1 billion purchase of Credit Karma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The most interesting thing about Big Tech’s Fab Four tour of Capitol Hill last Wednesday (July 29) wasn’t the perfunctory lawmaker grandstanding, or even the number of times lawmakers used “dominant” and “crushing the competition” to describe their views on the companies’ behavior. Get the...
