What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
August 28, 2023  |  Legal

Sam Bankman-Fried’s lawyers say their client can’t assist in his defense from behind bars. Attorneys for the FTX founder turned accused cryptocurrency fraudster have asked a judge to...

READ MORE >
UK Telecoms Called Out as Bills Jump 17.3%
UK Telecoms Called Out as Bills Jump 17.3%
August 28, 2023  |  Economy

Great Britain’s telecom companies are under fire as consumers contend with Europe’s largest price hikes. As The Financial Times (FT) reported Monday (Aug. 28), those price increases...

READ MORE >
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

READ MORE >
Robot Waiters Delight Korea’s Restaurants but Not Its Robotics Firms
Robot Waiters Delight Korea’s Restaurants but Not Its Robotics Firms
August 27, 2023  |  artificial intelligence

Robot waiters from China have become popular with Korean restaurateurs dealing with a labor shortage. Less enthused about the autonomous servers, the Financial Times (FT) reported...

READ MORE >
Klaviyo Plans to Take Marketing Automation Platform Public 
Klaviyo Plans to Take Marketing Automation Platform Public 
August 27, 2023  |  IPO

Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the...

READ MORE >
Databricks’ Value Could Reach $43 Billion in New Funding Round
Databricks’ Value Could Reach $43 Billion in New Funding Round
August 27, 2023  |  Data

Databricks is reportedly weighing a funding round that would value it at $43 billion. The software maker is in talks with T. Rowe Price, Reuters reported Friday,...

READ MORE >
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
August 27, 2023  |  Mobile Wallets

Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country...

READ MORE >
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
August 27, 2023  |  Acquisitions

Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies...

READ MORE >
Report: Cloud Security Startup Wiz Eyeing Acquisition of SentinelOne
Report: Cloud Security Startup Wiz Eyeing Acquisition of SentinelOne
August 25, 2023  |  Acquisitions

Cloud cybersecurity startup Wiz is contemplating a potential bid to acquire cybersecurity firm SentinelOne. This move would mark a significant departure from the norm for a startup,...

READ MORE >