The Chan Zuckerberg Initiative, the independent company founded by Facebook’s Mark Zuckerberg and wife Priscilla Chan, has inked its first purchase of another company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Yesterday, Sprint announced that it will be acquiring a 33 percent stake in TIDAL, the music streaming service owned by Jay-Z. The deal will reportedly give Sprint’s 45 million customers access to exclusive artist content created by TIDAL. Get the Full Story Complete the form...
Shopify, the leading cloud-based, multichannel commerce platform designed for small and medium-sized businesses, recently announced that, for the second year in a row, it has partnered with philanthropist and business strategist Tony Robbins to collaborate on the Build a BIGGER Business competition. Get the Full...
IBM Security announced Monday (Jan. 23) it is acquiring Agile 3 Solutions, a developer of software used by the C-suite and senior executives to better visualize, understand and manage risks associated with the protection of sensitive data. Get the Full Story Complete the form to...
TSYS, the payments processing company, announced Friday (Jan. 20) it has inked a long-term renewal of its payment services agreement with BBVA Compass in which it will continue to process the bank’s consumer, commercial and small business credit card portfolios. Get the Full Story Complete...
AnaCap Financial Partners, the European financial services private equity firm, announced Wednesday (Jan. 18) it has signed an agreement to buy a controlling stake in Heidelpay, a German online payment service provider. Get the Full Story Complete the form to unlock this article and enjoy...
Daimler Financial Services, the financial branch of the Germany-based Daimler AG, parent company of car manufacturer Mercedes-Benz, announced recently that it will be acquiring Luxembourg-based mobile payments solutions and eWallet technology provider PayCash Europe for an as-of-now undisclosed sum. Get the Full Story Complete the...
Consumer engagement and loyalty are one of commerce’s favorite mystery boxes. Building it is fundamental, everyone in retail is after it, but after years (and arguably millennia) of study, no one has exactly cracked the secret code. There have been many attempts — some of...
Microsoft announced late last week it is acquiring Maluuba, a Montreal-based company that runs what Microsoft calls one of the world’s most impressive deep-learning research labs for natural language understanding. In a blog post announcing the deal, Microsoft said Maluuba’s expertise in deep learning and...