Amazon has acquired Fauna Robotics, a firm that designs and assembles humanoid robots that can be used around people and are likely to be marketed to consumers. The acquisition was announced in posts on LinkedIn by Fauna Robotics Co-founder and CEO Rob Cochran and Co-founder and Chief Technology...
Nasdaq has launched a partnership with digital assets trading platform Talos. The collaboration will connect Talos’ digital asset infrastructure with Nasdaq’s Calypso and Trade Surveillance platforms to create a solution for managing tokenized collateral, the companies announced in a news release Monday (March 23). “The...
Prediction market Polymarket has signed a new agreement with Major League Baseball (MLB). This agreement makes Polymarket the baseball’s official prediction markets exchange, the league announced Thursday (March 19). “A key component of the partnership between MLB and Polymarket will be establishing a comprehensive integrity...
Paythru, a payments orchestration platform focused on electric vehicles (EVs), has partnered with Visa to create a white-label fleet wallet for EV charging payments. The fleet wallet is designed for fleet operators and mobility platforms, Paythru said in a press release. The wallet lets fleet drivers charge at...
OpenAI says it is acquiring Astral, a startup that creates Python tools for developers. The deal, announced Thursday (March 19), is part of the company’s increasing focus on coding, and is designed to integrate Astral’s team with OpenAI’s Codex project. “Our goal with Codex is to move beyond AI that...
J.P. Morgan Payments and Mastercard have launched a new virtual card in Europe. The new offering is designed to support traditional accounts payable needs in industries such as insurance, healthcare, travel and commercial real estate, the banking giant said in a news release provided to PYMNTS on Wednesday (March...
JPMorgan and other banks stopped a $5.3 billion debt deal for software firm Qualtrics International after investors in the leveraged loan and junk bond markets declined to participate, Bloomberg reported Tuesday (March 17). The report attributed the halt of the deal, which was in early...
There’s a fundamental flaw in how many observers view the stablecoin boom. There’s an assumption that the ability of stablecoins to improve settlement is equivalent to replacing the payments experience. The logic, after all, appears straightforward: if stablecoins enable faster, cheaper, always-on settlement, why would...
Secure connectivity firm Tailscale has acquired privileged access management (PAM) firm Border0, Tailscale said in a Tuesday (March 17) blog post. This acquisition adds Border0’s solutions for managing access to sensitive infrastructure such as production systems and Kubernetes to Tailscale’s solutions for secure connectivity, according...