Breef has added payment infrastructure to its online marketplace that connects brands and agencies. With this new Breef(Pay) offering that is powered by business-to-business (B2B) flexible payments platform Tranch, brands can use a buy now, pay later (BNPL) approach to meet their marketing needs, Breef said in...
eBay and Techstars have partnered to launch an accelerator program for early-stage companies working on eCommerce solutions. The partnership brings together eBay’s experience in facilitating global commerce and Techstars’ capabilities as a pre-seed investor, the companies said in a Monday (June 5) press release. “We’re excited to collaborate with...
Wise Systems has added planning and business intelligence tools to its delivery automation technology solutions. One new tool for last-mile delivery operations facilitates territory planning and route building, while the other helps with delivery execution and performance analysis, Wise Systems said in a Monday (June 5) press...
India’s Open Network for Digital Commerce (ONDC) has begun facilitating B2B transactions. The government-backed eCommerce network started testing the B2B expansion in May after beginning to handle transactions between consumers and businesses with a beta version in September 2022, TechCrunch reported Monday (June 5). ONDC did not immediately...
Isomer Capital has closed a new 250 million euro (about $268 million) fund to support European tech startups. The announcement comes as Isomer Capital founder and Managing Partner Joe Schorge said he expects these to be “some of the best vintage years in the #vc...
Venture firm IQ Capital has raised $400 million for artificial intelligence (AI) and robotics startups. As City AM reported Monday (June 5), the London-based company says it will use the money to fund a range of “deep tech” companies, an umbrella term for advanced technologies,...
Medical products maker Cardinal Health is combining its Outcomes business with pharmacy tech firm Transaction Data Systems. The deal will give Cardinal Health a minority stake in the combined entity, with Debbie Weitzman, CEO of Cardinal Health’s pharmaceutical segment, joining the Transaction Data Systems (TDS) board of directors, according to...
Retailers have begun scaling back their warehouse and logistics operations amid changing consumer spending patterns. That’s according to a report Monday (June 5) by The Wall Street Journal, which names Big Lots and Walmart among the companies shutting down warehouses and/or laying off distribution workers...
Should artificial intelligence (AI)-generated content be labeled as such? If that content could be used to spread disinformation, then the answer is yes, European Commission deputy head Vera Jourova said at a news conference Monday (June 5), Reuters reported. Her comments come amid concerns that AI could be...
