europe

EC Opens Investigation of Amazon’s Planned Acquisition of iRobot

EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
July 06, 2023  |  ANTITRUST

The European Commission (EC) has opened an in-depth investigation into Amazon’s proposed acquisition of iRobot. The commission has identified initial competition concerns and will now investigate them in greater depth, the...

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Binance Loses European Banking Partner Paysafe
Binance Loses European Banking Partner Paysafe
June 29, 2023  |  Cryptocurrency

Binance can’t seem to catch a break in Europe. This month has already seen the cryptocurrency giant face a criminal probe in France, a reported order to shut...

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Visa to Acquire Core Banking Platform Pismo for $1 Billion
Visa to Acquire Core Banking Platform Pismo for $1 Billion
June 28, 2023  |  Partnerships

Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native...

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JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
June 23, 2023  |  Blockchain

J.P. Morgan Chase has launched euro-denominated transactions with its blockchain-based JPM Coin. This offering for corporate clients went live Wednesday (June 21), Bloomberg reported Friday (June 23). Reached by...

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Alibaba to Bring Tmall eCommerce Site to Europe
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023  |  eCommerce

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...

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Worldline Unveils Payment Suite for Electric Vehicle Charging
Worldline Unveils Payment Suite for Electric Vehicle Charging
June 14, 2023  |  Payment Methods

With more drivers going electric, Worldline has debuted an electric vehicle payments tool. The company’s Worldline EV Charging Payments Suite is designed to meet the...

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Month-Old AI Startup Mistral Raises $113 Million
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023  |  Investments

French startup Mistral AI has reportedly raised a record $113 million in seed funding. The company, founded by artificial intelligence (AI) vets from Google and...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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