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Big Banks Challenge ECB’s Digital Euro Over Cash Flight Fears

Big Banks Challenge ECB’s Digital Euro Over Cash Flight Fears
Big Banks Challenge ECB’s Digital Euro Over Cash Flight Fears
May 22, 2026  |  CBDC

The European Central Bank’s effort to build a homegrown payments system using a digital euro is being slowed by European banks’ concerns that the solution...

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SoFi Buys Peach Finance to Boost Enterprise FinTech Platform
SoFi Buys Peach Finance to Boost Enterprise FinTech Platform
May 22, 2026  |  Partnerships

SoFi has acquired Peach Finance, a lending infrastructure startup specializing in loan servicing software. Get the Full Story Complete the form to unlock this article...

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Salesforce CEO Defends AI Ads as Standard Tech Marketing
Salesforce CEO Defends AI Ads as Standard Tech Marketing
May 22, 2026  |  Artificial Intelligence

Salesforce is promoting in its marketing content artificial intelligence (AI) features that are not yet fully deployed by its clients, Bloomberg reported Friday (May 22). Get...

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DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation
DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation
May 22, 2026  |  Startups

DeepSeek is in advanced discussions for a funding deal that could raise $10 billion and value the company at $45 billion, Bloomberg reported Friday (May...

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Starbucks Scraps AI Inventory Tool After Counting Errors
Starbucks Scraps AI Inventory Tool After Counting Errors
May 22, 2026  |  Artificial Intelligence

Starbucks stopped using an artificial intelligence app for counting inventory after finding that the program miscounted and mislabeled items, Reuters reported Thursday (May 21). Get...

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Coupa Acquires Tonkean to Expand AI Spend Management
Coupa Acquires Tonkean to Expand AI Spend Management
May 21, 2026  |  Partnerships

Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous...

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OpenAI’s Codex Helps Drive Nearly $6 Billion Quarter
OpenAI’s Codex Helps Drive Nearly $6 Billion Quarter
May 21, 2026  |  Artificial Intelligence

OpenAI generated nearly $6 billion in first-quarter revenue, a sign that demand for artificial intelligence tools is still rising even as the cost of competing...

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Calif. Governor Signs Order to Prepare Workforce for AI Disruption
Calif. Governor Signs Order to Prepare Workforce for AI Disruption
May 21, 2026  |  Artificial Intelligence

California Gov. Gavin Newsom issued a first-in-the-nation executive order on Thursday (May 21) directing state agencies to prepare workers, communities and small businesses for the...

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