SoftBank may be heading stateside to list its PayPay payments business following news that it is considering a U.S. listing. The potential listing is driven by New York’s greater potential of higher valuations for tech companies in comparison to Tokyo, but the timing of such a move is not known,...
Artificial intelligence (AI) doomerism is having a moment. It’s less “I Robot,” and more “humanity is going extinct.” If the industry’s negative hype men are to be believed, there’s a non-zero chance that misuse of AI could lead to the end of humanity in just a handful...
The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized by the customer. The court ruled that Barclays Plc, the bank responsible for the payment in this case, was in fact...
Kim Kardashian is reportedly looking to buy back the 20% of her beauty business she sold to Coty. The talks are ongoing, a sale price hasn’t been reached and there’s no certainty that a deal will be made, The Wall Street Journal (WSJ) reported Tuesday...
With aggregators having become a key part of how consumers discover and access restaurants, Domino’s — a brand that had been conspicuously and deliberately absent from these third-party marketplaces — has finally caved. The quick-service restaurant (QSR) giant, which spans more than 20,000 locations around...
Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted some Amazon sellers to start legal proceedings against the Chinese eCommerce site, alleging copyright infringement and trademark infringement, Wired reported Monday (July...
Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and startups. The largest U.S. bank has filled the niche by hiring dozens of bankers around the world, according to a...
FinTechs and venture capitalists recognize the pain points inherent in payments — and are investing the time and money needed to modernize infrastructure around existing rails and create new paths for money movement and acceptance of new payment methods. A trio of payments experts told...
Today’s digital landscape requires retailers to bring their A-game to grabbing customers’ attention and loyalty. With the rise of eCommerce and online shopping, optimizing the customer experience has become paramount for driving revenue and staying ahead in the market. One powerful tool that has emerged...