News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

T-Mobile and SpaceX to Test Satellite-to-Cell Service
T-Mobile and SpaceX to Test Satellite-to-Cell Service
January 03, 2024  |  Mobile

T-Mobile and SpaceX have taken another step toward their plan to build global connectivity.  SpaceX launched the first set of Starlink satellites with Direct to Cell capabilities on...

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22% of Mid-Sized Firms Anticipate Reduced Payments Fraud With AP/AR Automation
22% of Mid-Sized Firms Anticipate Reduced Payments Fraud With AP/AR Automation
January 03, 2024  |  Security & Fraud

With advancements in artificial intelligence and robotics, firms are banking on automation not just to boost efficiency but also to bolster their resilience in navigating...

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Number of Job Openings Remained Steady in November
Number of Job Openings Remained Steady in November
January 03, 2024  |  Economy

The number of job openings in the United States was little changed in November, while the number of hires and total job separations decreased. On...

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Disney Uses Parks Popularity to Push Back Against Streaming Losses
Disney Uses Parks Popularity to Push Back Against Streaming Losses
January 03, 2024  |  Streaming

To drive subscriber growth and better hold its own against streaming competitors, Disney is turning to consumers’ affinity for other parts of its portfolio to...

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Prime Video Ads May Bring Amazon Another $5 Billion a Year
Prime Video Ads May Bring Amazon Another $5 Billion a Year
January 03, 2024  |  Streaming

Amazon reportedly could realize nearly $5 billion in yearly revenue from its video advertising efforts. Most of that money would come from the tech giant’s recent...

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Frontdesk’s Whole-Staff Layoffs Suggest Struggle to Break Through Consumer Inertia
Frontdesk’s Whole-Staff Layoffs Suggest Struggle to Break Through Consumer Inertia
January 03, 2024  |  Startups

With Frontdesk reportedly laying off its whole staff, it seems that amid ongoing financial challenges, short-term rental models may not present a needed enough solution...

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Aqua Security Raises $60 Million for Cloud-Native Security Solution
Aqua Security Raises $60 Million for Cloud-Native Security Solution
January 03, 2024  |  Cybersecurity

Cloud-native security provider Aqua Security has secured $60 million in funding in an extension of its Series E round, achieving a valuation above $1 billion. With...

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Relex Acquires Optimity to Bolster Retail and Supply Chain Platform
Relex Acquires Optimity to Bolster Retail and Supply Chain Platform
January 03, 2024  |  Acquisitions

Relex Solutions has acquired Optimity to add new capabilities to its retail and supply chain platform. With the acquisition of Optimity’s supply chain planning and...

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Unexpected Expenses Hurt 30% of Consumers’ Credit Scores
Unexpected Expenses Hurt 30% of Consumers’ Credit Scores
January 03, 2024  |  Personal Finance

Unexpected expenses continue to present a significant financial strain for consumers in an already challenging economic landscape. With dwindling savings and persistent economic difficulties, individuals...

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