A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly $50 billion — much more than its competitors, sources told Reuters. Get the Full Story Complete the form to unlock...
U.S. bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
European banks are preparing to take huge losses on their loans as COVID-19 keeps taking its toll on financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
If a team of U.S. tech investors get their way, they will buy TikTok, China’s popular video-sharing service, as President Donald Trump lobbies to ban it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Facebook is upping its commitment to the Indian tech market with a bid to have WhatsApp work with more Indian lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Foreign regulators are increasingly training their sights on U.S. Big Tech companies. In this case, antitrust officials said they searched the local offices of Amazon and Apple in Italy as part of an investigation. Get the Full Story Complete the form to unlock this article...
Western Union has signed a deal with TrueMoney, a Philippines financial services provider, the global cross-currency money mover and payments company announced on Tuesday (July 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
High-flying FinTech Robinhood has scrubbed its plans to launch a stock trading app in the U.K. 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...
Online giant Amazon is increasing its drive to build its business in India. 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....
