News

Regulation
German Prosecutors To Investigate BaFin Over Wirecard Scandal
April 12, 2021

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...

IPO
Cybersecurity Firm Darktrace Seeks London IPO
April 12, 2021

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...

Ridesharing
Uber Reports Highest-Ever Monthly Bookings
April 12, 2021

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...

Delivery
Domino’s Partners With Nuro To Launch Autonomous Delivery
April 12, 2021

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...

Delivery
In Houston, Domino’s Road Tests Nuro’s R2 Robot For Pizza Delivery
April 12, 2021

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...

IPO
Swedish Payments Firm Trustly Plans $9 Billion Nasdaq Stockholm IPO
April 12, 2021

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...

Partnerships / Acquisitions
The Why Behind Microsoft’s $19 Billion Nuance Buy
April 12, 2021

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...

Retail
England’s Retail Shops Have ‘Roaring 20s’ Moment As Third Lockdown Is Lifted
April 12, 2021

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...

Retail
Walmart’s Post-McDonald’s Future To Include Tacos, Pizza, Salads And Non-Food Tenants
April 12, 2021

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...