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Adyen Revenue Climbs 23% After Rocky First Half
Adyen Revenue Climbs 23% After Rocky First Half
February 08, 2024  |  Payment Methods

Adyen says the second half of 2022 was much stronger than the first. The Dutch payments firm on Thursday (Feb. 8) released half-year financial results...

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Disney to Invest $1.5 Billion in Epic Games, Collaborate on ‘Interoperable Ecosystem’
Disney to Invest $1.5 Billion in Epic Games, Collaborate on ‘Interoperable Ecosystem’
February 07, 2024  |  Partnerships

The Walt Disney Company will invest $1.5 billion to acquire an equity stake in Epic Games as the companies begin a multiyear collaboration on games and entertainment experiences....

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Payments Canada To Begin CEO Transition April 1
Payments Canada To Begin CEO Transition April 1
February 07, 2024  |  Personnel

Payments Canada, the public purpose organization responsible for owning and operating Canada’s payment systems, is undergoing a leadership transition. Tracey Black, the president and CEO,...

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Report: Disney+ Begins Crackdown on Password Sharing in US
Report: Disney+ Begins Crackdown on Password Sharing in US
February 07, 2024  |  Streaming

Disney+ has reportedly begun taking steps to prevent password sharing among its U.S. subscribers. The streaming service began sending out emails on Wednesday (Feb. 7) notifying...

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Vendidit Launches Platform Connecting Retail Returns With Secondary Market
Vendidit Launches Platform Connecting Retail Returns With Secondary Market
February 07, 2024  |  Retail

Vendidit, an artificial intelligence (AI)-powered software platform focused on the secondary market for retail returns, launched Wednesday (Feb. 7). The company’s proprietary AI can connect...

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Bluesky Nears 4 Million Users After Dropping Invite-Only Requirement
Bluesky Nears 4 Million Users After Dropping Invite-Only Requirement
February 07, 2024  |  Social Commerce

Social media app Bluesky has experienced a surge in popularity since its public launch, attracting nearly 800,000 new users in its first day open to the public....

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Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
February 07, 2024  |  artificial intelligence

Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions. This facility, consisting of a $255 million term...

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Worldline Plans to Cut 8% of Staff to Save $215 Million
Worldline Plans to Cut 8% of Staff to Save $215 Million
February 07, 2024  |  Personnel

Worldline is planning to cut 8% of its workforce, part of a wave of financial sector layoffs. The French payments company is looking to reduce...

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Elon Musk to Back Project Using AI to Read Ancient Scrolls
Elon Musk to Back Project Using AI to Read Ancient Scrolls
February 07, 2024  |  Artificial Intelligence

Elon Musk offered financial support to a project that aims to use artificial intelligence to read ancient Roman scrolls that were damaged by a volcano’s...

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