Prosecutors in Frankfurt are opening a criminal investigation into the way Germany’s financial regulatory authority BaFin supervised Wirecard AG, and whether a portion of the watchdog’s workforce traded shares unlawfully, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...
The British cybersecurity firm Darktrace said it is planning to go public on the London Stock Exchange, an initial public offering (IPO) that could value the company at $4 billion, according to published reports. Get the Full Story Complete the form to unlock this article...
Uber saw its highest-ever monthly bookings in March thanks to a rise in COVID-19 vaccinations, the rideshare company reported in a Securities and Exchange Commission (SEC) filing on Monday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Though many are beginning to return to restaurants, with newly vaccinated consumers eager to return to “normal” life and to create meaningful experiences in person, experts predict that the food delivery space is only going to continue to grow. In fact, PYMNTS research finds that...
Domino’s is testing out robotic pizza delivery in Houston this week using Nuro’s “completely autonomous, occupantless on-road delivery vehicle,” according to a Monday (April 12) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Swedish payments startup Trustly announced plans to file an initial public offering (IPO) at a valuation of $9 billion, the Financial Times reported on Monday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The week has kicked off with a much anticipated acquisition: Microsoft announced Monday (April 12) it will purchase speech recognition firm Nuance Communications for about $16 billion, or $56 share, 23 percent above its Friday closing price. Given that Microsoft will also be assuming Nuance’s...
Shoppers and drinkers in the U.K. took the streets overnight and lined up to get into the country’s retailers, pubs and hair salons, which were allowed to open for the first time in three months on Monday (April 12). Although capacity and other restrictions are...
For the past few years — but especially the last one — McDonald’s has been increasing its reliance on drive-thrus and decreasing its investment in places like its in-store Walmart locations that didn’t allow for that. Get the Full Story Complete the form to unlock...