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TikTok will still feel familiar to the 170 million Americans who scroll through it every day, but the company behind the app would be restructured under a proposal being considered Tuesday (Sept. 16).
The plan, under discussion by the U.S. and China this week, would shift a majority ownership to U.S. investors, secure data oversight in Texas, and license the algorithm into American...
Binance and the U.S. Justice Department are reportedly in talks that could end an oversight requirement that was part of the cryptocurrency exchange’s 2023 settlement of charges it didn’t do enough to prevent money laundering.
The requirement that the company maintain an outside compliance monitor was scheduled to last three years but could end sooner if the two parties strike a deal,...
Getting money faster and on demand isn’t just a bonus. For those living paycheck to paycheck, it’s often the only buffer between making rent or falling behind.
The decades-old practice of waiting out two-week paychecks is giving way to more fluid, cash flow-friendly options.
Earned wage access (EWA) allows employees to tap into wages they’ve already earned but haven’t yet been paid...
StubHub is aiming to raise as much as $851 million in a New York Stock Exchange debut on Wednesday (Sept. 17), according to a recent Bloomberg report.
The company is seeking to reinvent itself from a resale marketplace into a direct ticketing player, even as rival Ticketmaster faces heightened scrutiny from U.S. regulators over bots and resale practices, Reuters reported Monday (Sept...
Enterprise back offices are the engine of corporate life.
They process invoices, reconcile accounts, monitor compliance and ensure company books are balanced to the penny.
However, these engines have been humming the same tune for often a decade or more. Many rely on outdated systems, layers of manual checks, and technology investments that often lag behind customer-facing innovations...
Tether reportedly aims to match the success it has seen with stablecoins in other countries with the new token it plans to launch in the United States.
During an interview on Bloomberg Television, Bo Hines, strategic advisor for digital assets and United States strategy at Tether, and leader of its planned new token, said Tether wants to be “the largest player in the U.S. market.”
“We...
Payments FinTech PayNearMe says it has secured $50 million in new funding.
The Series E investment from AVP (Atlantic Vantage Point) is designed to speed PayNearMe’s expansion into new markets and fuel investment in products to simplify the end-to-end payment experience for its customers, the company said Tuesday (Sept. 16).
“For too long, payments have been treated only as a cost of...
Chinese hardware manufacturer Goertek is reportedly tightening its grip on the supply chain around Meta’s artificial intelligence-powered smart glasses, even as Meta tries to expand its supply chain outside China.
Goertek has taken control of optical device manufacturer Shanghai OmniLight and helped finance a takeover of optics supplier Plessey, the Financial Times (FT) reported...
Human resources platform Workday is set to acquire artificial intelligence (AI) company Sana for $1.1 billion.
The deal, announced Tuesday (Sept. 16), will allow Workday to offer AI agents that clients can use to automate repetitive tasks, craft presentations, and perform searches across a company’s data sources.
“Sana’s team, AI-native approach, and beautiful design perfectly align...
CrowdStrike and Salesforce partnered to enhance the security of artificial intelligence agents and applications built on Agentforce and Salesforce Platform.
Via integrations between CrowdStrike Falcon Shield and Salesforce Security Center, the companies will provide greater protection, visibility and faster response to secure AI-powered business, the companies said in a Tuesday (Sept....