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Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024  |  Banking

The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...

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Report: Reddit IPO Could Launch in March
Report: Reddit IPO Could Launch in March
January 18, 2024  |  IPO

Reddit is reportedly ready to go public via an initial public offering (IPO). The social media platform aims to go public in March after more than three years...

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DailyPay Raises $175 Million to Expand On-Demand Pay Platform
DailyPay Raises $175 Million to Expand On-Demand Pay Platform
January 18, 2024  |  Investments

On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes...

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UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024  |  Banking

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain...

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Report: Bain Could Sell Payroll Firm Zellis for $2.5 Billion
Report: Bain Could Sell Payroll Firm Zellis for $2.5 Billion
January 18, 2024  |  Business

Bain Capital is reportedly weighing a sale of British payroll software company Zellis. A sale could value Zellis at around $2.5 billion, Bloomberg News reported Thursday (Jan....

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Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024  |  Retail

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  The new Vynamic...

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Prismatic Notches $22 Million to Ease B2B Software Integration
Prismatic Notches $22 Million to Ease B2B Software Integration
January 18, 2024  |  Investments

Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. The...

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Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
January 18, 2024  |  artificial intelligence

OpenAI’s chief executive is reportedly unconcerned about a lawsuit by The New York Times against his company. The newspaper sued OpenAI and partner Microsoft late last year, accusing the companies...

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Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

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