News

Partnerships / Acquisitions
UK Approves PayPal’s iZettle Acquisition
June 12, 2019

With the United Kingdom Competition and Markets Authority’s (CMA) decision to provide final and unconditional approval of PayPal’s completed acquisition of iZettle, the digital payments company will start to integrate the teams and products of iZettle in the U.K. and around the world. The move...

Investments
Guided Tour Startup Stride Notches $2.5M In Funding By JetBlue, NFX
June 12, 2019

Stride, a startup that provides group travel packages and describes itself as offering “experiential multi-day and multi-destination packaged trips planned by experts,” has raised $2.5 million in a seed funding round from JetBlue Ventures and NFX, according to a report by TechCrunch. Get the Full...

Regulation
Fundamentals Trump Regulation For Facebook Shares?
June 12, 2019

The specter of increased regulation looms for the largest of tech companies. Breakups may be in the offing, as might new mandates governing how and when and whose data can be shared. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Zomato Tests Drone Delivery
June 12, 2019

To traverse routes that are densely populated, food delivery service Zomato is taking to the skies: The company says it has made a successful test of delivery by hybrid drone. The drone covered 3.1 miles in under 10 minutes and had an 11-pound payload, while...

International
US Ban Forces Huawei To Scrap Laptop Launch
June 12, 2019

Chinese technology company Huawei will not launch its new laptop due to restrictions put on the purchasing of U.S. parts by the American government, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Zuckerberg Emails Could Link CEO To Privacy Issues
June 12, 2019

The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). Get the...

Retail
Uber To Experiment With Drones For Eats Deliveries
June 12, 2019

To make deliveries of prepared meals in dense urban environments, Uber is preparing to experiment with drones for Uber Eats. The company finished the first stage of testing in conjunction with McDonald’s at San Diego State University, according to reports. Get the Full Story Complete the...

B2B Payments
Bento Introduces Digital Payment Solution For SMBs
June 12, 2019

Bento for Business, a B2B payments company, has introduced a new product called Bento Pay, a digital payments solution that “eliminates the need to write checks and gives businesses the ease and security of paying any supplier confidentially, regardless of their digital payment preferences,” according...

Ridesharing
For Uber’s Competition, London Calling
June 12, 2019

London calling. 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 agree to receive marketing communications from...