May 05, 2024
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
In a twist for Italy’s banking giant Intesa Sanpaolo, its plans for digital expansion through Isybank have hit a roadblock following an antitrust ruling. The decision, delivered by Italy’s competition...
May 05, 2024
Google Antitrust Case: Closing Arguments Conclude
Google and the U.S. Justice Department have completed their closing arguments regarding allegations that the Alphabet unit has unlawfully dominated web search and related advertising. U.S. District Judge Amit Mehta,...
May 03, 2024
J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer
J.P. Morgan Payments is facilitating purchases of merchandise for a Formula One race in Miami, both in-store and online. The firm is doing so in an expanded partnership with South Florida...
May 03, 2024
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the launch of bettergoods, its largest private-brand...
May 02, 2024
Expedia’s B2B Segment Thrives While B2C Struggles for Momentum
Expedia Group’s first-quarter results, released on Thursday (May 2), indicate a healthy yet more stabilized global travel market, albeit with slightly subdued gross bookings. On a call with analysts and investors, outgoing...
May 02, 2024
Microsoft Bans Police Use of AI Service for Facial Recognition
Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this artificial intelligence (AI) service may...
May 02, 2024
Big Innovations Powering Small Business Growth Dominate This Week in...
It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation. That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning...
May 02, 2024
New UK Law Spotlights Weak Security Features in Smart Devices
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer...
May 02, 2024
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
During two days of hearings in Washington, Federal Judge Amit Mehta challenged the central arguments of both the US government and Google lawyers as they presented their closing arguments in...
