Forbes Media LLC is in talks about a merger with special-purpose acquisition company (SPAC), Magnum Opus Acquisition Ltd., which would lead to the company going public at a value of more than $650 million, sources told Bloomberg on Tuesday (Aug. 17). Get the Full Story...
Home is where the heart is – and increasingly, where the stuff is, brought to your doorstep by Uber drivers, folks on bikes, Amazon vans and even drones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
AML RightSource announced Tuesday (Aug. 17) its acquisition of data science automation firm QuantaVerse, according to a press release. 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...
In today’s top retail news, Walmart’s omnichannel strategy helped it ward off decelerating eCommerce sales and Delta variant concerns in the second quarter, while rising COVID-19 case counts and a surge in mask mandates caused July retail sales to slump. Also, retailers are likely facing...
Boston’s iconic Kowloon restaurant, very recognizable to anyone who drove north on Route 1 from Boston, will be closing its doors. The closure is not the result of the COVID-19 woes that have plagued so many restaurants during the past year and a half, but...
Today in B2B payments, NBH Bank Holdings discusses investing in small businesses, and TCH explores real-time payments for B2B. Plus, Finastra secures a SWIFT label for trade finance, QuickFee integrates with Xero and Coupa launches an app marketplace. Get the Full Story Complete the form...
Enterprise resource planning system xentral announced Tuesday (Aug. 17) that it has raised $75 million in Series B funding. 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...
Convenience store giant 7-Eleven and alcoholic beverage provider Minibar Delivery announced a collaboration that will let adult customers order beer, wine and snack foods for rapid home delivery. Under the arrangement, which is piloting in parts of Florida, Texas and Virginia, customers will be able...
Sightline Payments raised $244 million in a new funding round that propelled the company to unicorn status, with a valuation topping $1 billion, the first tech startup in Nevada to do so, the company said in a press release on Tuesday (Aug. 17). Get the...
