Softbank is reportedly in advanced talks to take over troubled startup and worksharing space WeWork, which was once one of the hottest startups around but saw itself fizzle amid talks of internal strife and a cancelled IPO. Get the Full Story Complete the form to...
Billionaire investor Peter Thiel, who wrote Facebook its first check and invested heavily in SpaceX, is looking to raise almost $3 billion to invest in late-stage startups that have yet to go public. Get the Full Story Complete the form to unlock this article and...
Another one seems ready to bite the dust. 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 form, you...
Nordstrom NYC, which is scheduled to open on Oct. 24, will offer several different food and beverage locations in the store, as well as the ability for shoppers to order food and have it delivered to them while they shop. The store has seven floors...
Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China. 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...
In today’s payments news, Mastercard is rolling out Mastercard Bill Pay Exchange with the help of several new partners. Also, card member spending, among other factors, helped to produce a revenue gain for the global consumer services group of American Express in Q3 2019. And SoftBank is...
A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small...
German eCommerce software company commercetools has raised $145 million in a funding round led by Insight Partners, at a valuation of $300 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shares in digital payment company Wirecard went up almost 7 percent on Monday (Oct. 21), following news of an independent audit by KPMG. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
