News

Retail
Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
February 16, 2025

Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. 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 our...

Artificial Intelligence
Anthropic Tries to Halt Government’s Plans for Google
February 16, 2025

Anthropic has asked a judge to let Google keep investing in artificial intelligence (AI) startups. 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 our daily newsletter,...

Delivery
Uber Takes DoorDash to Court Over Alleged ‘Coercive’ Restaurant Tactics
February 16, 2025

Uber is accusing DoorDash of “coercive” behavior in a new lawsuit against its delivery rival. 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 our daily newsletter,...

Artificial Intelligence
March Madness 2025 and Beyond: When AI Meets the Big Dance
February 15, 2025

As the calendar flips to March, college basketball fans are gearing up for another exhilarating NCAA tournament. 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 our...

Investments
Report: Figure Aims to Raise $1.5 Billion for Humanoid Robots
February 14, 2025

Figure is reportedly in talks with investors to raise $1.5 billion for its work in developing humanoid robots. 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 our daily...

Investments
E-Money Markets Raises Pre-Seed Funding to Build White-Labeled FX Solution
February 14, 2025

London-based startup E-Money Markets raised 700,000 pounds (about $882,000) in pre-seed funding to build a white-labeled foreign exchange solution. 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...

Artificial Intelligence
Divided Picture Emerges on Tech and Enterprise AI Spend
February 14, 2025

Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Google DeepMind CEO Demis Hassabis ‘Calm and Confident’ About AI Strategy
February 14, 2025

Google DeepMind CEO Demis Hassabis reportedly told employees Wednesday (Feb. 12) that he is not worried about DeepSeek. 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...

Cross-border Payments
Shein and Temu Aim to Move Production to Avoid US Tariffs
February 14, 2025

Amid uncertainty around U.S. tariffs, Shein and Temu are reportedly working with their suppliers to move production out of China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....