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Tradeshift Taps FinTech Veteran Iain Balchin as New CFO
Tradeshift Taps FinTech Veteran Iain Balchin as New CFO
February 14, 2024  |  Personnel

B2B eCommerce and FinTech platform Tradeshift has appointed Iain Balchin as its newest chief financial officer (CFO). Balchin has experience in helping to elevate FinTech...

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Report: Inspire Brands May Launch IPO This Year or Next
Report: Inspire Brands May Launch IPO This Year or Next
February 14, 2024  |  IPO

Fast-food chain owner Inspire Brands may be nearing an initial public offering (IPO). Private equity firm Roark Capital has talked with potential advisers about a listing of Inspire Brands...

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Ordergroove Teams With commercetools to Promote Flexible Subscriptions
Ordergroove Teams With commercetools to Promote Flexible Subscriptions
February 14, 2024  |  Partnerships

Subscription solution provider Ordergroove has launched a partnership with composable commerce firm commercetools.  The integration of the companies lets brands and retailers unlock recurring revenue while helping commercetools...

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Google, Anthropic Working to Address Limitations of GenAI
Google, Anthropic Working to Address Limitations of GenAI
February 14, 2024  |  artificial intelligence

Google and Anthropic are working to address the limitations of their generative artificial intelligence (AI) systems. These limitations, including issues around hallucinations, copyright and sensitive data, have...

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Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
February 14, 2024  |  Cybersecurity

Somos unveiled an Internet of Things identity management service designed to safeguard businesses’ IoT assets. The new SomosID aims to provide businesses with a registry...

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Slack Launches Slack AI to Boost Worker Efficiency
Slack Launches Slack AI to Boost Worker Efficiency
February 14, 2024  |  Artificial Intelligence

Enterprise messaging platform Slack is debuting Slack AI, its artificial intelligence (AI) tool to help users find information more easily. Slack AI is starting with a...

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Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024  |  Earnings

From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop...

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Colombian Payment Service Provider Bold Raises $50 Million to Expand Products for SMBs
Colombian Payment Service Provider Bold Raises $50 Million to Expand Products for SMBs
February 14, 2024  |  Investments

Colombian FinTech Bold raised $50 million to expand its payments terminal offering. The company announced the General Atlantic-led Series C round Wednesday (Feb. 14), saying...

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Citi Completes Proof of Concept on Tokenization of Private Markets
Citi Completes Proof of Concept on Tokenization of Private Markets
February 14, 2024  |  Technology

Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the...

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