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Two unnamed officials told The Financial Times that the European Commission, the EU’s antitrust watchdog, is preparing to launch a new investigation into Google’s parent company, Alphabet.
Google is alleged to be in violation of the EU’s Digital Markets Act (DMA) because of how the tech giant ranks online news publishers in its search results, the Financial Times reported.
The probe...
Airbnb is reportedly testing a service that lets guests order groceries from Instacart.
The house-sharing company will offer “kitchen stocking” as part of a three-month pilot program starting Jan. 5, Bloomberg News reported Wednesday (Nov. 12), citing an email sent to some Airbnb hosts.
During this period, Airbnb will pay hosts $25 for every completed order — as well as a $100 bonus...
Revolut is offering users the new ability to swap between stablecoins and fiat currency.
The U.K. FinTech giant announced earlier this week that users can switch between U.S. dollars and Tether’s USDT or Circle’s USDC at a 1:1 rate, with “no spreads” and “straight-up price-matching,” and fees above volume limits.
“This is designed to give you full price transparency and better control...
PayPal said it is relaunching in the UK as a “unified payment experience.”
The company’s new offering, announced Wednesday (Nov. 12), is designed to improve shopping for British consumers, letting them access the new PayPal+ loyalty program, along with PayPal’s debit and credit cards.
“This is the start of an exciting new chapter for PayPal in the UK. We’ve listened to our customers...
Amazon is introducing a series of AI-powered solutions to help business clients.
These new offerings, announced Wednesday (Nov. 11), include the new Amazon Business Assistant which is available to Amazon Business at no added cost.
“The assistant combines Amazon’s deep understanding of purchasing with smart conversational support to provide organizations with instant, interactive, and...
Apple launched Digital ID, a new feature that lets users create and present an identification in Apple Wallet using information from their United States passport.
The feature is debuting in beta at more than 250 Transportation Security Administration checkpoints across the U.S. for domestic air travel, according to a Wednesday (Nov. 12) press release.
Digital ID builds on Apple’s...
Ant International’s Alipay+ has added iris authentication features to its smartglasses-embedded payment solution.
The addition to GlassPay is the result of partnerships with “leading smart glasses producers” and is a “global first,” Ant said in a news release Wednesday (Nov. 12).
“Riding on rapid advances in AI, smart glasses are emerging as a new gateway for interactive commerce by...
Third-quarter earnings season offered an unexpected storyline of the ascent of platforms that don’t just move money but build ecosystems around it.
B2B networks, payment infrastructure providers and procurement marketplaces stole the spotlight not through flashy artificial intelligence announcements but through liquidity control.
Green Dot, for example, entered the final stretch of...
Stablecoin payment infrastructure company Rain has acquired on-chain rewards platform Uptop.
The acquisition is designed to accelerate Rain’s effort to deliver “a complete, vertically integrated stack,” the company said in a Wednesday (Nov. 12) news release.
This solution includes on-ramps, wallets, cards that work anyplace Visa is accepted, off-ramps and payouts, and native rewards,...
Biotech company Leap Therapeutics is entering the digital asset treasury space and rebranding as Cypherpunk Technologies.
The company plans to accumulate Zcash’s native, privacy-focused cryptocurrency coin, ZEC, according to a Wednesday (Nov. 12) press release. Cypherpunk has used $50 million of a $58.8 million private placement to buy 203,775.27 ZEC at an average price of $245.37 per...