March 21, 2024
DoorDash, Alphabet-Owned Wing and Wendy’s Launch Drone Delivery in Virginia
DoorDash and Alphabet-owned Wing have brought their drone delivery pilot program to the United States. This expansion builds on the pilot program that the two companies launched in Australia in...
March 20, 2024
TKO Group Agrees to $335 Million Settlement in UFC Fighter...
TKO Group Holdings, the parent company of the Ultimate Fighting Championship (UFC), has reached a $335 million settlement to resolve a long-standing lawsuit brought by fighters within the mixed martial...
March 20, 2024
Will Bumper Crop of IPOs Take Cue From Busted FinTech...
Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s demand brewing for deal-making, for startups...
March 19, 2024
Receipt Data May Be Key to More Efficient Customer Experiences
Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial institutions and FinTechs have anything...
March 19, 2024
Citigroup Sees Renewed Interest in M&A, IPOs
The EMEA DisrupTech conference in London, convened by Citigroup, reportedly spotlighted the burgeoning environment for mergers and acquisitions (M&A) in 2024. The event assembled 48 private companies from the EMEA...
March 19, 2024
DOJ Targets ‘Fake It Till You Make It’ Tech Startups
A top federal prosecutor is reportedly targeting startups that defraud investors ahead of going public. Ismail Ramsey, U.S. attorney for the Northern District of California, told Reuters in an interview...
March 18, 2024
Report: Encyclopaedia Britannica Considering June IPO, $1 Billion Valuation
Encyclopaedia Britannica Inc. is reportedly aiming for a valuation of about $1 billion in its previously announced initial public offering (IPO). The education technology company and publisher may launch its IPO...
March 17, 2024
FTC Inquires About Reddit’s Data-Licensing Business Amid IPO Preparations
In a recent development, Reddit, the popular social news aggregation and discussion website, disclosed that it had received a letter from the Federal Trade Commission (FTC) concerning its data-licensing practices...
March 15, 2024
Zilch Considering IPO in 2025, Talking With IPO Venues
British buy now, pay later (BNPL) provider Zilch Technology is reportedly considering launching an initial public offering (IPO) in 2025. Zilch has not selected a venue for an IPO but has...