Новости за 19.02.2024

The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users. The action follows concerns related to the protection of minors, advertising transparency, data access for researchers, and the management of addictive design and harmful content on the platform, the commission […]

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which participated in the firm’s 2022 Series B round. The company is one of the few Latin American startups backed by Bezos, Bloomberg reported Monday (Feb. 19). In 2023, Stark Bank […]

Capital One is reportedly acquiring Discover Financial. Bloomberg reported Monday (Feb. 19) that Capital One is considering the acquisition, and The Wall Street Journal (WSJ) reported later Monday that the bank is buying Discover and the deal could be announced Tuesday (Feb. 20). Both reports cited unnamed sources. Neither Capital One nor Discover immediately replied […]

The future of digital payments is, in many ways, already here.  What is left is the need for businesses to adapt to this rapidly shifting consumer landscape by leveraging the increasing popularity of digital payments, particularly among younger consumers. “There’s a huge opportunity for small businesses and mid-size businesses, and even large businesses, to continue […]

The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago. But that doesn’t mean the engine runs uninterrupted. Last-mile delivery has long been a persistent problem in the logistics industry. The fragmented nature of the space, coupled with the diverse needs of customers in different markets, has made it challenging […]

The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the long President’s Day weekend, the CE 100 Index’s fortunes were dictated by dramatic swings in individual names, in most cases spurred by reports on how the December quarter fared. Porch […]

Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes that the largest American crypto exchange, Coinbase, saw a 60% year-over-year jump in consumer transaction revenue during its most recent quarter, and a 80% increase from quarter to quarter. Meanwhile, […]

Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that if regulatory pressure keeps one of the world’s largest companies from buying the Roomba maker, it might mean other Big Tech companies will stop buying smaller ones. As PYMNTS reported, Amazon […]

Imagine boarding an airplane by showing your face instead of showing your ID. That scenario could soon be a reality, according to experts quoted in a Sunday (Feb. 18) New York Times (NYT) report on the increased use of facial recognition and other biometric technology in the travel sector. Among those experts is Henry Harteveldt, a travel industry […]

The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to national security, per a Wall Street Journal report. According to […]

Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from blockchain data firm Chainalysis, which showed that illicit addresses sent $22.2 billion worth of cryptocurrency to services in 2023, a sharp drop from the $31.5 billion sent in 2022.  “Some of this […]

A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the 140-year-old firm of Sullivan & Cromwell of actively taking part in the multibillion-dollar fraud that led to FTX’s collapse. Due to its relationship with FTX, the suit says, Sullivan & Cromwell […]

“Your call is very important to us. Please continue to hold …” With luck, that message is followed by the option to leave your callback number for the customer service department you’re trying to reach. Now, Google reportedly wants to make this process even easier, according to a Friday (Feb. 16) TechCrunch article.  Per that report, […]