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Artificial intelligence startup Perplexity reportedly made an unsolicited offer to buy Google’s browser, Chrome, amid the uncertainty around a pending antitrust ruling that could see a judge force Google to sell the browser.
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Several investors have agreed to back the $34.5 billion offer in full, Perplexity said, according to a Tuesday (Aug. 12) report by The Wall Street...
Western Union is reportedly considering the launch of its own dollar-backed stablecoin.
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The remittance company is facing competition from a growing swath of cryptocurrency-centered money movement operations, Bloomberg reported Tuesday (Aug. 12).
“We are exploring the opportunity for us to issue a stablecoin, particularly in non-U.S. markets,” CEO Devin McGranahan said,...
Trading and investing platform eToro is adding tokenization and artificial intelligence tools for retail investors as it continues expanding its product lineup and geographic footprint.
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The company said this in a Tuesday (Aug. 12) earnings release reporting second-quarter 2025 results, its first quarterly financial results as a public company.
EToro made its public...
Is blockchain helping Wall Street trading break the confines of the workweek?
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That reality could be on the horizon, Bloomberg reported Tuesday (Aug. 12), after a group of finance heavyweights used a cryptocurrency blockchain to trade U.S. Treasurys for digital dollars on a Saturday.
The trade was carried out on the Canton Network, a public blockchain, allowing a...
Visa’s stablecoin strategies could include the launch of its own coin someday.
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That’s according to a report Tuesday (Aug. 12) from Bloomberg News, citing sources familiar with the matter, as the news outlet examines Visa’s wider efforts in the stablecoin space.
“This is just another mechanism for value exchange,” Cuy Sheffield, Visa’s head of cryptocurrency, said in an...
Elon Musk is threatening to sue Apple over the way it ranks AI firms in its App Store.
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“Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,” the billionaire wrote on his X social media platform Monday (Aug. 11) evening.
Musk added that xAI, his artificial...
Watch more: Shared Vision, Scaled Impact: The Power of Strategic Partnerships in Payments
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Within the software as a service (SaaS), reseller, banking and payments space, strategic partnerships are emerging as the victor of the buy-build-partner dilemma.
While the old model of payments partnerships was often built on a singular objective, such as offloading payment...
Singapore is among the nations most visibly moving toward mobile-first shopping.
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In the “2025 Global Digital Shopping Index: Singapore Edition,” released by PYMNTS Intelligence and commissioned by Visa Acceptance Solutions, a survey of 1,510 consumers and 425 merchants in Singapore, underscores the reality that smartphones are not just tools for online purchases.
They’...
When eCommerce sales go live, consumers in the United States open their apps, scroll flash deals and fill carts.
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While they do their shopping across all platforms, they’re not playing any favorites beyond price.
The fact that Walmart’s Walmart+ event ran April 28 to May 4 while Amazon’s Prime Day event ran July 8 to 11 just meant more chances for more deals to a new,...
In a notable shift, new research indicates that smaller credit unions are not merely catching up to their larger counterparts in technological innovation but are rapidly emerging as leaders, defying traditional expectations of size determining pace. This burgeoning momentum among community-focused institutions underscores a powerful redefinition of competitiveness in the digital age.
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