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Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
September 28, 2023  |  Acquisitions

Bain Capital is reportedly considering a deal to acquire CCC Intelligent Solutions Holdings, a car-insurance software provider controlled by Advent International. The private equity firm is one...

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Uber Freight Unveils Product Roadmap With AI-Powered Software
Uber Freight Unveils Product Roadmap With AI-Powered Software
September 28, 2023  |  artificial intelligence

Uber Freight has unveiled its product roadmap, incorporating artificial intelligence-powered software to transform the global movement of goods. This announcement follows Uber Freight’s acquisition of...

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Report: Travelex Owners Assess Buyer Interest for Potential Sale
Report: Travelex Owners Assess Buyer Interest for Potential Sale
September 28, 2023  |  Acquisitions

British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with...

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Microsoft Eyed Apple Deal to Make Bing Default Search Engine on Safari
Microsoft Eyed Apple Deal to Make Bing Default Search Engine on Safari
September 28, 2023  |  Big Tech

Microsoft reportedly considered investing billions of dollars in a deal with Apple in 2016, aiming to make Microsoft’s Bing search engine the default on Apple’s...

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New York Court Rules Food Delivery Platforms Must Pay Minimum Wage
New York Court Rules Food Delivery Platforms Must Pay Minimum Wage
September 28, 2023  |  Delivery

The New York State Supreme Court has reportedly ruled that Uber Technologies, DoorDash and Grubhub must pay their food delivery couriers a minimum of $17.96 per hour. The court’s decision...

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AWS Launches Fully Managed Service for AI Applications
AWS Launches Fully Managed Service for AI Applications
September 28, 2023  |  artificial intelligence

Amazon Web Services (AWS) has launched the general availability of Amazon Bedrock, a fully managed service that provides access to foundation models from leading artificial intelligence (AI)...

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ABHI Partners With Visa and YellowPepper on A2A Payments
ABHI Partners With Visa and YellowPepper on A2A Payments
September 28, 2023  |  Payment Methods

Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). This collaboration will drive innovation, promote financial inclusion...

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EU General Court Partially Suspends DSA Rules for Amazon
EU General Court Partially Suspends DSA Rules for Amazon
September 28, 2023  |  Amazon

The European Union (EU) General Court has reportedly partly suspended a European Commission (EC) decision that required Amazon to publish a detailed database of advertisements...

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Report: China Evergrande Chair Detained for Unspecified Crimes
Report: China Evergrande Chair Detained for Unspecified Crimes
September 28, 2023  |  International

China’s largest property development company has halted trading after its chairman was reportedly detained. As the Wall Street Journal reported Thursday (Sept. 28), law enforcement in China...

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