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Cisco is reportedly in advanced talks to acquire Israeli cybersecurity firm Axonius for $2 billion.
That’s according to a report Sunday (Jan. 4) from Calcalist, which noted that Axonius was previously valued at $2.6 billion. However, the company denied that the deal is happening in a statement to the tech publication:
“Axonius is not in talks to be acquired by Cisco. Our strategy is to...
Has social media been the source of a “terrible devastation” upon society?
A pair of Silicon Valley veterans apparently think so, and have debuted an app they say is designed to offer a countering effect, the Financial Times (FT) reported Sunday (Jan. 4)
Biz Stone and Evan Sharp, two of the co-founders of Twitter and Pinterest, respectively, have raised $29 million for their startup...
China’s government is reportedly seeing increased tax revenue from online vendors.
That’s according to a report Sunday (Jan. 4) by the Financial Times (FT), which also noted the pressure the country’s new tax is placing on merchants.
Following the adoption of a new law last year, companies like Amazon, Shein and Alibaba have been turning over data about merchants’ profits, the report...
Somewhere between the last peppermint latte and the first “dry January” seltzer, the consumer psyche performs an elegant pivot: from recovering to romancing. Valentine’s Day is the annual reminder that love may be priceless, but the surrounding ecosystem is extremely price-discoverable, highly shoppable and increasingly optimized for impulse purchases made at 11:47 p.m. with next-day delivery and...
Extended households have become a defining feature of U.S. consumer finance, even as they remain underrepresented in traditional financial models.
PYMNTS Intelligence research shows that nearly one-third of consumers provide financial support beyond their nuclear family, including parents, siblings and nonfamily dependents, often while living paycheck to paycheck.
Among consumers...
A New Year brings new beginnings. For the B2B freight and logistics landscape, those new beginnings have been simmering in the background ever since President Donald Trump’s trade tariffs, in combination with other macro factors, worked to upend the old assumptions underpinning much of the sector’s economics.
For much of the past year, rates across ocean, rail, last mile, and across...
Fiserv and Mastercard expanded their partnership to support agentic commerce, as payments companies move to establish how artificial intelligence systems can securely initiate and complete transactions on behalf of consumers.
Under the agreement, Fiserv will integrate Mastercard’s Agent Pay Acceptance Framework into its merchant acceptance infrastructure, enabling AI-initiated...
A federal court has approved a settlement in which Disney will pay $10 million in civil penalties to resolve allegations that it violated children’s privacy laws.
The case was brought by the Justice Department after the Federal Trade Commission (FTC) investigated the matter and negotiated a resolution with Disney, the Justice Department said in a Tuesday (Dec 30) press release.
The FTC...
Artificial intelligence (AI) is beginning to reshape commercial real estate—not through futuristic smart buildings, but by automating the manual back-office work that underpins valuations, underwriting, leasing and property operations.
Morgan Stanley estimates that AI could automate about 37% of tasks across the sector, unlocking as much as $34 billion in efficiency gains by 2030. As...
Commerce Bancshares, the parent company of Commerce Bank, has completed its previously announced acquisition of FineMark Holdings, the parent company of FineMark National Bank...