Finance

Financial and investment listings 3245 public listings.

• PYMNTS | OpenAI Cancels Cursor Partnership Citing Distrust of Elon Mu… (pymnts.com)
  OpenAI is ending its relationship with Cursor after its acquisition by SpaceX, driven by OpenAI’s contentious relationship with Elon Musk.
• CPI | California Antitrust Bill Narrowed After Business Pushback (pymnts.com)
  California lawmakers have pared back a proposal that would expand the state’s antitrust law to cover anticompetitive conduct by...
• CPI | Apple Wins Access to Federal Records in US Smartphone Antitrust… (pymnts.com)
  Apple Inc. can move ahead with efforts to obtain records from 14 U.S. government agencies as it builds its defense against the...
• CPI | Glencore Talks Loom Over Anglo-Teck’s Copper Merger Gains (pymnts.com)
  Anglo American’s push to capture billions of dollars in potential benefits from its $50 billion combination with Teck Resources faces a...
• CPI | Google Adjusts Search Rankings in Europe Amid EU Scrutiny (pymnts.com)
  Google will stop applying a controversial search-ranking penalty to users across much of Europe, a policy shift aimed at addressing EU...
• CPI | Nvidia Pulls Back on AI Cloud Financing Plan as Antitrust Quest… (pymnts.com)
  Nvidia has suspended parts of a recently introduced financing program for artificial-intelligence cloud providers, a retreat that...
• CPI | Amazon Faces FTC, State Suit Over Alleged Advertising Price Man… (pymnts.com)
  Amazon.com Inc. was sued by the Federal Trade Commission and 22 U.S. states over allegations that the online retailer secretly increased...
• PYMNTS | Hackers Target Claude Users With Malware That Steals Sessions (pymnts.com)
  Cybercriminals are targeting users of Anthropic’s Claude with malware that can steal authenticated login sessions.
• PYMNTS | Bolt Seeks Up to $27 Million as CEO Works to Revive Company (pymnts.com)
  Bolt CEO Ryan Breslow is reportedly seeking up to $27 million in bridge financing for the payments startup he co-founded.
• PYMNTS | Arbitrator Finds Gemini Not Responsible for Earn Program Col… (pymnts.com)
  An arbitrator has ruled that Gemini Space Station was not responsible for the collapse of its Earn lending program.
• PYMNTS | Burlington Shrinks Clothing Prices After $55 Million Tariff … (pymnts.com)
  Off-price clothing retailer Burlington is the latest company using tariff refunds to reduce prices as consumers deal with inflation.
• PYMNTS | Instagram Looks to Limit AI-Created Accounts Posing as Human (pymnts.com)
  Meta-owned social media platform Instagram says it is taking steps to make sure AI-created profiles are clearer.
• PYMNTS | Polymarket Pledges to Police Trading for US Midterm Elections (pymnts.com)
  Polymarket’s investigations head is reportedly promising to police trading ahead of this fall’s midterm elections.
• PYMNTS | GameStop Turns eBay Pursuit Into a Nearly $5 Billion Investm… (pymnts.com)
  GameStop said in Q2 results that it converted a previously disclosed derivative position tied to eBay into a direct equity investment.
• CPI | Kirkland Bolsters State AG Practice With Gibson Dunn Hire (pymnts.com)
  Kirkland & Ellis has recruited Prerak “Pre” Shah, a lawyer who helped lead Gibson, Dunn & Crutcher’s state attorneys general practice.
• CPI | California Antitrust Overhaul Lands on Newsom’s Desk (pymnts.com)
  California could give prosecutors greater power to challenge the behavior of companies, shifting how the state pursues competition cases.
• CPI | Baker McKenzie Hires Former New York Antitrust Enforcer (pymnts.com)
  Baker McKenzie has hired former New York state antitrust official Bryan Bloom as counsel in its New York Antitrust & Competition Practice.
• CPI | South Korea’s KFTC Clears Hanwha’s KAI Stake Purchase, Leaves D… (pymnts.com)
  South Korea found that the defense conglomerate’s holding doesn’t give it sufficient control over the country’s sole aircraft manufacturer.
• PYMNTS | TD Touts Successful Tokenized Payments With Project Agorá (pymnts.com)
  TD says it has successfully completed a tokenized payments test on the Project Agorá platform in partnership with BNY.
• PYMNTS | OpenAI Says Ad Business Reaches $1 Billion Run Rate (pymnts.com)
  OpenAI says its ChatGPT Ads business has reached $1 billion in annualized revenue run rate and is used by a global customer base.
• PYMNTS | OpenAI Lets Some Customers Pay Only When AI Performs (pymnts.com)
  OpenAI has reportedly begun giving some major customers the option of paying only when the company’s AI does its job.
• CPI | Meta Wins Dismissal of Instagram Shopping Antitrust Suit (pymnts.com)
  Meta Platforms Inc. won dismissal of an antitrust lawsuit accusing the social-media company of using ideas from a startup’s business plan...
• PYMNTS | Apple’s New CEO Inherits an AI Strategy Built on Outsiders (pymnts.com)
  John Ternus becomes Apple’s CEO on Sept. 1, taking over a company whose strength has always been tight control of its own technology.
• PYMNTS | FSB Warns Frontier AI Could Threaten Global Financial Stabil… (pymnts.com)
  The head of the Financial Stability Board warned that AI is advancing faster than safeguards governing its development and deployment.
• PYMNTS | FDIC Proposal Lowers Insurance Costs for Banks Under $30 Bil… (pymnts.com)
  Proposed changes to federal deposit insurance assessments could translate to significant savings for community banks.
• PYMNTS | Premium Card Users Find Rewards Tougher to Tap, Report Says (pymnts.com)
  High-end credit cardholders are reportedly finding it tougher to tap perks and rewards as companies impose stricter rules.
• PYMNTS | Crypto.com and PYMNTS Team on AI Predictions Market Contracts (pymnts.com)
  Crypto.com and PYMNTS announce an exclusive two-year partnership to launch AI Predictions Market Contracts on OG Prediction Markets.
• PYMNTS | SoFi Tech Solutions’ New President Is Building the AWS of Fi… (pymnts.com)
  SoFi Technology Solutions President Kathleen Pierce-Gilmore wants to make SoFi the financial infrastructure companies can keep as they grow.
• PYMNTS | Bank of America: APAC Redefines Cross-Border Money Movement (pymnts.com)
  Money can cross parts of APAC in seconds, but corporate treasury still runs on cutoffs, time zones and country-by-country rules.
• PYMNTS | Capital Spending, Uncertainty Shape Middle Market Investments (pymnts.com)
  PYMNTS Intelligence shows how business certainty affects capital spending, hiring and growth plans at middle market firms.
• PYMNTS | Why Merchants Save Their Best Offers for Checkout (pymnts.com)
  PYMNTS Intelligence and FIS find a gap between merchants’ personalization ambitions and their ability to act on customer information.
• PYMNTS | When Supply Chain Risk Hits, CFOs With Receipts Move First (pymnts.com)
  Multinationals are being pushed to trace products beyond direct suppliers to factories, raw materials and individual shipments.
• PYMNTS | Anthropic Revises Enterprise Data Retention Policy After Pus… (pymnts.com)
  Anthropic is changing a data retention policy for business customers following concerns from enterprise users about their information.
• PYMNTS | OpenAI Brings Epic Health Records to ChatGPT for Clinicians (pymnts.com)
  OpenAI is connecting ChatGPT directly to Epic electronic health records, pushing AI deeper into the clinical workflow.
• PYMNTS | Jackson Hole and G20 Map a Future of 24/7 Payments and AI (pymnts.com)
  Cross-border transactions remain costly and slow, while tokenized markets still need money for settlement outside normal operating hours.
• CPI | States, Writers Guild Urge Judge to Reject Paramount’s $1.9 Bil… (pymnts.com)
  California and 11 other states, joined by the Writers Guild of America, urged a federal judge to reject Paramount Skydance’s request for...
• CPI | EU Examines Google’s AI Search Opt-Out for Publishers (pymnts.com)
  European Union competition regulators are asking publishers whether a new Google mechanism allowing them to keep their material out of...
• PYMNTS | IKEA Cuts Prices in Europe as Cost-of-Living Pressures Persi… (pymnts.com)
  The Swedish furniture retailer announced Tuesday (Sept. 1) that it was investing nearly $1.4 billion to mark down prices by 15% to 25%.
• PYMNTS | ChatGPT Ads Hit $1 Billion Faster Than Google Ever Did (pymnts.com)
  OpenAI said ChatGPT Ads reached a $1 billion annualized revenue run rate in less than 200 days, a pace that took Google four years.
• PYMNTS | Block Lets Lenders Access Cash App Credit Insights (pymnts.com)
  Block will make Cash App’s proprietary, cash flow-based credit score available to lenders via Nova Credit’s Cash Flow Intelligence Platform.
• PYMNTS | Stripe Adds Online Legal Services Firm Clerky to Its Fold (pymnts.com)
  Online legal services company Clerky says it is now part of payments giant Stripe, without disclosing terms of the acquisition.
• CPI | Cornell, MIT Win Appeal Bid in $1.7 Billion Financial Aid Case (pymnts.com)
  Cornell, MIT and three other universities can challenge an antitrust case over financial aid to roughly 200,000 students.
• CPI | US Urges G-20 to Take Light-Touch Approach to AI Regulation (pymnts.com)
  The United States is pressing the G20 to limit new regulation of artificial intelligence as it competes with China over the technology.
• CPI | Anthropic Strikes $35 Billion Cloud Deal as Nvidia Deepens AI I… (pymnts.com)
  Anthropic, creator of Claude AI, has agreed to a $35 billion cloud-computing deal with Lambda, an Nvidia-backed cloud provider.
• CPI | US Shale Producers Lose Bid to Toss Oil Price Antitrust Case (pymnts.com)
  Diamondback Energy and Occidental Petroleum will have to defend against accusations of coordinating to push up crude and fuel prices.
• PYMNTS | FIS and Ericsson Team to Improve Wallet-Led Financial Servic… (pymnts.com)
  FIS has launched a collaboration with tech company Ericsson centered around “wallet-led” financial services.
• PYMNTS | Binance Expands TradFi Portfolio With Stock Options (pymnts.com)
  Cryptocurrency exchange Binance has begun offering customers of its cryptocurrency platform access to stock options.
• PYMNTS | OpenAI Blames Apple for iPhone Maker’s Trade Secret Lawsuit (pymnts.com)
  In a court filing, Apple said a former employee downloaded a “confidential Apple circuit schematic” and used it for his work at OpenAI.
• PYMNTS | YouTube’s Amazon Deal Advances Social Commerce Push (pymnts.com)
  For Amazon, the partnership offers access to the discovery stage of shopping, and YouTube gets one of the world’s largest product catalogs.
• PYMNTS | Visa Debuts Enhanced Version of A2A Fraud Prevention Tool (pymnts.com)
  Visa debuted an enhanced version of its A2A project, designed to offer real-time risk insights that help banks stop A2A fraud.