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Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
February 09, 2024  |  Aggregators

Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios for...

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Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
February 09, 2024  |  Acquisitions

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition...

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Disney Tests AI Tool That Matches Commercials to Appropriate Content
Disney Tests AI Tool That Matches Commercials to Appropriate Content
February 09, 2024  |  Artificial Intelligence

Disney is beta testing a new advertising tool for its streaming services that matches commercials with appropriate scenes in movies or shows. Dubbed “magic words,”...

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AI Driving Layoffs: How Technology is Transforming the Workforce
AI Driving Layoffs: How Technology is Transforming the Workforce
February 09, 2024  |  artificial intelligence

Artificial intelligence (AI) is rapidly advancing and transforming industries across the globe. While it promises to enhance productivity and efficiency, there is growing concern about...

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Expedia CEO Peter Kern Stepping Down After ‘Optimizing IT Footprint’
Expedia CEO Peter Kern Stepping Down After ‘Optimizing IT Footprint’
February 08, 2024  |  Earnings

Expedia Group CEO Peter Kern said Thursday (Feb. 8) that he will step down in May after four years in that role, having led the company as it...

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Getaround to Restructure, Lay Off 30% of North American Staff
Getaround to Restructure, Lay Off 30% of North American Staff
February 08, 2024  |  Personnel

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and...

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SEC to Enhance Reporting Requirements for Hedge Fund Advisers
SEC to Enhance Reporting Requirements for Hedge Fund Advisers
February 08, 2024  |  Regulation

The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading...

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T-Mobile Launches New Loyalty Program, Mobile App
T-Mobile Launches New Loyalty Program, Mobile App
February 08, 2024  |  Loyalty & Rewards

T-Mobile has launched a new loyalty program together with an app mobile apps, that helps customers manage the perks and benefits.  The wireless carrier’s new...

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FTC Sending $610,000 in Refunds to Tech Support Scam Victims
FTC Sending $610,000 in Refunds to Tech Support Scam Victims
February 08, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) has begun sending refunds to consumers who lost money in a tech support scam facilitated by payment processor Nexway. This move follows a...

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