Ex-Uber CEO Kalanick’s Startup Lands $400M From Saudi Fund

Ex-Uber CEO Kalanick’s Startup Lands $400M From Saudi Fund
Ex-Uber CEO Kalanick’s Startup Lands $400M From Saudi Fund
November 07, 2019  |  Investments

CloudKitchens, the delivery startup founded by former Uber CEO Travis Kalanick, has received a $400 million investment from Saudi Arabia’s Public Investment Fund (PIF), according...

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Former Obama Chief Of Staff Tapped To Lead Wells Public Affairs
Former Obama Chief Of Staff Tapped To Lead Wells Public Affairs
November 07, 2019  |  Personnel

William M. Daley has been appointed Wells Fargo vice chairman of Public Affairs and will begin his new role Nov. 13, the company said in...

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EU: Apple Pay May Be Stifling Payments Competition
EU: Apple Pay May Be Stifling Payments Competition
November 07, 2019  |  ANTITRUST

EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in...

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Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
November 07, 2019  |  Retail

Following Grubhub’s earnings report and stock plunge, the chief executive of a competing service said Grubhub’s results do not reflect the potential of the wider...

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New Papa John’s CEO Tasked With Reset
New Papa John’s CEO Tasked With Reset
November 07, 2019  |  Retail

New Papa John’s CEO Rob Lynch is making changes at the embattled pizza chain in an attempt to rebound from the bad publicity surrounding its...

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Visa On Challenging B2B Payments Status Quo
Visa On Challenging B2B Payments Status Quo
November 07, 2019  |  B2B Payments

To change the status quo — to upend the way it’s always been done — the mantra goes, “think outside the box.” Get the Full...

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Amazon To Build $40M Robotics Innovation Hub Near Boston
Amazon To Build $40M Robotics Innovation Hub Near Boston
November 06, 2019  |  Amazon

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing...

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P2P Payments’ Rising Appeal Beyond Millennials
P2P Payments’ Rising Appeal Beyond Millennials
November 06, 2019  |  Payment Methods

Peer-to-peer (P2P) payments are exploding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Building A Challenger Bank That Actually Challenges Traditional Banking
Building A Challenger Bank That Actually Challenges Traditional Banking
November 06, 2019  |  Banking

There are several reasons why consumers might complain about the services provided by their traditional banks. Perhaps the worst, HM Bradley CEO Zach Bruhnke told...

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