Snap, the parent company of Snapchat, has acquired a Ukraine-based company called AI Factory, to help the social media app provide a new type of video service that uses a person’s face to play short clips, according to a report by TechCrunch. Snap made the...
In its takeover battle for Just Eat Plc, Takeaway.com NV is reportedly coming close to victory. According to unnamed sources cited by Bloomberg, investors who have over half of the United Kingdom food delivery company’s shares have indicated they would agree to the all-stock offer...
Marc Benioff, the billionaire founder of Salesforce, said he bought TIME magazine because he sees a “crisis of trust,” and he called Facebook the new “cigarettes” of society, according to a report by CNN. Get the Full Story Complete the form to unlock this article...
Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC) region, Wirex announced on Sunday (Dec. 29). The hybrid personal banking alternative enables people to use crypto, as well as...
Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. 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...
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A group of state attorneys are banding together to fight a merger of T-Mobile and Sprint that is backed by the United States Justice Department, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security. The two companies announced a deal in which F5 will buy all of Shape’s issued and outstanding shares for a...
