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Social media platform Reddit reportedly sued artificial intelligence (AI) startup Anthropic on Wednesday (June 4), alleging that the company unlawfully used Reddit’s data to train its AI models.
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The lawsuit alleges that Anthropic used the personal data of Reddit users without their consent, and that Reddit has been harmed by the company’s unauthorized commercial use of...
Stablecoins are tokenized assets on the blockchain designed to simplify crypto transactions.
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B2B payments are traditionally manual, paper-based and friction-filled.
Could one solve the other’s problems?
Stablecoin issuers and their partners aren’t waiting around to find out. As the Wednesday (June 4) news that BVNK and LianLian Global partnered to enable merchants to...
FinTech Circle’s initial public offering (IPO) will likely price above its marketed range, Bloomberg reported Wednesday (June 4), with the publication pointing to orders exceeding the number of available shares by over 25 times.
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The stablecoin issuer is offering 32 million shares at the range of $27 to $28 per share, up from 24 million shares at a range of $24 to $26...
A U.S. House bill takes aim at Apple and Google’s control over the mobile app ecosystem, seeking to curb practices lawmakers say restrict competition and inflate prices for consumers and developers.
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Rep. Kat Cammack, R-Fla., introduced the App Store Freedom Act, a bill that would bar dominant app store operators from engaging in a range of business practices critics say...
Peloton introduced its own peer-to-peer resale marketplace, Repowered.
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The launch aims to capture a segment of the expanding resale market for connected fitness equipment and monetize devices no longer in active use in customers’ homes, CNBC reported Tuesday (June 3).
Users can list their pre-owned equipment and accessories from the connected fitness company on the...
Artificial intelligence startup Manus introduced a text-to-video generative AI tool that turns prompts into structured videos.
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In a post on social platform X, Manus described the tool as one that “transforms your prompts into complete stories — structured, sequenced and ready to watch.”
Introducing Manus video generation.
Manus transforms your prompts into complete...
Just before tariffs took root in April, PYMNTS Intelligence found in its “Certainty Project” report that a majority of firms across various sectors anticipated higher costs. At the time, 42% of services firms said they were considering raising prices on their products, and 3 in 4 said they planned to reduce operational costs.
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Now, new data from the Federal Reserve Bank...
Square has launched a conversational artificial intelligence (AI) assistant that can answer sellers’ questions about how to use Square’s business technology platform and about trends in their own business.
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The AI assistant, Square AI, is available now in public beta for all sellers in the U.S. and is integrated into the Square Dashboard, the company said in a Tuesday (...
Private sector job growth slowed in May, declining to the lowest level seen in two years, ADP said Wednesday (June 4).
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The private sector added 37,000 jobs during the month, a figure that was down from the revised total of 60,000 jobs added in April and the lowest level of gains since March 2023, the human resources (HR) and payroll solution provider said in a Wednesday...
BVNK and LianLian Global partnered to enable merchants to use major stablecoins to fund cross-border transactions.
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This capability reduces settlement times from days to minutes and is especially valuable to businesses operating in regions in which traditional banking rails have limitations or cause delays, the companies said in a Wednesday (June 4) press release.
The...