Industry News
Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment methods aggregator for physical merchants, came out with a €34….
HPE investigating security breach after hacker claims theft of sensitive data
A well-known hacker claims to have stolen source code and user data from the enterprise IT giant
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MoneyHash, which provides single access to payment services in MENA, banks $5.2M
When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into new regions, they often need to onboard additional payment partners to meet different customer (and somet…
Karmen secures $9.4 million for its revenue-based financing products
French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million…
Trump signs exec order, delaying TikTok enforcement action for 75 days
President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving […
President Trump repeals Biden’s AI executive order
During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order di…
UK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracy
A week after the U.K. government announced a sweeping plan to make big investments into AI, it’s laying out more details around how this will take shape in the public sector. On the agenda: AI assistants to speed up public services; data sharing deals …
US safety regulators expand Ford hands-free driving tech investigation
A U.S. federal safety regulator has “upgraded” its investigation into Ford’s hands-free advanced driver assistance system known as BlueCruise — a required step before a recall can be issued. The National Highway Traffic Safety Administration̵…
At the Microsoft Excel World Championship, selfies and a ‘hype’ tunnel
An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, the New York Times takes readers to an event that organizers call the Microsoft Excel World Ch…