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...
One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...
In the bidding war for British online food company Just Eat, competitors Prosus and Takeaway.com are both putting up strong offers for their final bids. Prosus, the internet division of tech conglomerate Naspers, is offering £5.5 billion ($7.16 billion USD) in cash, and Dutch takeout...