Banking FinTech Green Dot’s businesses now have new owners, according to a Monday (Nov. 24) news release. Smith Ventures, a private equity company, is set to acquire and privatize Green Dot’s nonbank financial technology business and operations for $690 million, the release said. That business...
On Tuesday (Nov. 18) morning, a configuration error at Cloudflare knocked major services offline, including ChatGPT, X and Spotify for several hours, the latest reminder of how vulnerable digital infrastructure has become as cloud systems grow more complex. One day later, Palo Alto Networks announced...
Cryptocurrency exchange Coinbase plans to acquire onchain trading platform Vector. Because Vector’s platform is built on Solana, the acquisition will expand Coinbase’s support for the Solana trading ecosystem, Coinbase said in a Friday (Nov. 21) blog post. Vector’s technology will be integrated into Coinbase’s consumer...
Peek is expanding the capabilities of its artificial intelligence-powered platform for the experiences industry, which includes organizations involved with museums, theme parks, tours and activities, and cultural attractions. The company announced in a Thursday (Nov. 20) press release that it acquired two companies, ACME Ticketing...
Buy now, pay later (BNPL) platform Klarna is expanding its partnership with gift card company Blackhawk Network (BHN). The new collaboration, announced in a news release Thursday (Nov. 20), is aimed at offering shoppers greater choice and flexibility for purchasing gift cards ahead of the...
Uber Technologies and Starship Technologies plan to begin rolling out autonomous sidewalk robot delivery for Uber Eats by the end of the year. The companies plan to launch this offering in Leeds, United Kingdom, in December, and then expand it to several European countries in...
FICO and Plaid launched a credit score that uses real-time cash flow data. The new score, an update of FICO’s (Fair Isaac Corp.) UltraFICO Score, will rely on traditional data compiled by FICO and augmented by cash flow data collected by Plaid, according to a...
Walmart is reportedly in talks to acquire R&A Data, a startup that already serves as a third-party vendor helping the retailer screen listings on its online marketplace for counterfeiting and other compliance issues. Reducing counterfeits and scams on online marketplaces is R&A Data’s specialty, and...
Adobe plans to acquire Semrush to add that company’s generative engine optimization (GEO) capabilities to Adobe’s range of tools for marketers. The companies’ definitive agreement for the acquisition includes a total equity value of $1.9 billion, they said ina Wednesday (Nov. 19) press release. The...