SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2, which is seen as a sort-of sequel to the original fund, according to a report by The Wall Street Journal....
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into eCommerce checkout features, as well as a report on Visa interchange rates and Gaana’s...
To put a stop to legislation that would transform gig workers from contractors to employees, Uber and Postmates Inc. are scheduled to meet with a federal judge in California to prevent enforcement of the landmark Assembly Bill 5 legislation. Uber contends that reclassifying workers in such as fashion would...
In today’s top payments news, Uber reported positive fourth quarter earnings, NYSE owner International Exchange said it will not pursue plans to buy eBay and Afterpay pushed back against RBA’s potential regulation of “tap and go” fees. Get the Full Story Complete the form to...
Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to a report by Bloomberg. Terms of the funding were not disclosed. Get the Full Story Complete the form to unlock...
HopSkipDrive, a rideshare company that focuses on getting children to school on time, has raised $22 million to expand on its mission to provide transportation to those who might not otherwise have it, especially homeless and foster children, according to a report. Get the Full...
The CEO at the bank Credit Suisse has stepped down after a scandal involving corporate spying, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It gets worse, across all corners, across seemingly all industries. 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, PYMNTS Today. By completing this...
The Fair Go program, which allowed Uber drivers to lease vehicles through short-term arrangements, is coming to an end, Fair reportedly announced at an all-hands meeting on Thursday (Feb. 6). The program will stop in April, according to reports. Get the Full Story Complete the...
