Marking the third round of layoffs since August, Uber has laid off approximately 350 employees across multiple teams in the company with the inclusion of Uber Eats. Shares in the ride-hailing company increased 3.2 percent after the news, CNBC reported. Get the Full Story Complete...
Renault has started a public trial of its on-demand car service on the Paris-Saclay urban campus, according to a press release on Monday (Oct. 14). A panel of around 100 people will use the service — provided by two electric, autonomous and shared Renault Zoe...
Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and...
Shipping and technology behemoth Pitney Bowes is the latest in a string of high-profile companies to be hit in a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
New data from U.K. Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Today in the payments news roundup, Google has reportedly prohibited high-interest consumer loan services from its Google Play store. Also, British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo. And cannabis companies have seen share prices nosedive. Get the...
Mastercard is teaming with the taxi ride-hailing app Curb to help the American Cancer Society’s Road to Recovery program, which provides free rides to patients going for cancer treatment, Mastercard announced in a press release on Monday (Oct. 14). Get the Full Story Complete the...
India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew of other payment services, including Facebook’s Libra and Flipkart’s PhonePe. Get the Full Story Complete the form to unlock this...
As Barneys New York wades through bankruptcy, Saks Fifth Avenue and Authentic Brands have partnered to bid almost $270 million to buy the luxury specialty retailer, a source told The Wall Street Journal on Monday (Oct. 14). Get the Full Story Complete the form to...
