Stripe is in talks to buy OpenRouter, an artificial intelligence (AI) startup that could sell for roughly $10 billion, according to The Wall Street Journal. The move would mark a significant step outside payments for a company that processes transactions for much of the internet....
Surveillance pricing is now banned in New Jersey, and new electronic shelf labels are under a one-year moratorium. 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...
OpenAI this week opened its Supply Co. merchandise store to the public, selling apparel and accessories once reserved for employees. The move follows a broader push by technology companies, including Nvidia, Apple and Palantir, to use premium merchandise to build community around their brands. Get...
Summer travel spending has survived a quarter that was arguably rougher for travel companies than for many of their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
New government data showed working-class consumers in the United States seeing a bump in pay, The Wall Street Journal reported Thursday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
WEX Inc.’s (NYSE: WEX) second-quarter results, reported Wednesday (July 22), were flattered by forces outside its control. Higher fuel prices and favorable foreign exchange movements helped lift revenue 14.2% to $753.5 million, while adjusted earnings per share climbed 35.4% to $5.35. Get the Full Story...
Google’s contracted future spending commitments increased by nearly $500 billion in three months and reached $811 billion at the end of June, Bloomberg reported Thursday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Dead people don’t spend much, but the federal government nearly sent them tens of millions of dollars anyway. 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...
Grocery chain Albertsons is predicting slightly weaker sales amid more cautious lower-income consumer spending. 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, PYMNTS Today. By...