June 04, 2024
Microsoft and Hitachi Form Multibillion-Dollar AI Agreement
Microsoft has announced a multi-billion-dollar AI-focused partnership with Japan’s Hitachi. The collaboration is designed to use generative artificial intelligence (AI) to fuel the growth of Hitachi’s business software and services business...
June 04, 2024
Deutsche Bank and Bitpanda Launch Real-Time Payments for Digital Asset...
Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing transactions of Bitpanda customers in...
June 04, 2024
Transport Companies Plot Paths to Initial Public Offerings
Transportation and logistics firms are reportedly working to overcome a roadblock to initial public offerings (IPOs). These companies are considering IPOs after a stretch of cooling freight demand and a...
June 03, 2024
Flexport Expands Trucking Marketplace to Connect Brokers, Carriers
Flexport has expanded its Convoy Platform to connect brokers and carriers. With this artificial intelligence (AI)-powered marketplace, brokers can access thousands of carriers across the country, Flexport said in a...
June 03, 2024
Payments Orchestration Can Give Platforms Competitive Advantage
The “platformization” of various business verticals promises to streamline online commerce. For example, digital freight platforms, such as Uber Freight, Convoy and Transfix, have transformed the traditional logistics and transportation...
May 28, 2024
The New Operating System for B2B: Payments, Software and Data
There’s no shortage of complexities when it comes to the business relationship between buyers and sellers. There are payment methods, terms, timelines and compliance issues, to name just a few. Add economic...
May 22, 2024
Amazon Ramps Up Logistics Expansion to Speed Delivery, Reduce Costs
Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. The company is focusing on acquiring industrial property and restructuring its distribution network...
May 22, 2024
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. The new funding will fuel the...
May 21, 2024
OneStock Raises $72 Million to Expand Order Management System
OneStock has raised $72 million to fuel the international expansion of its order management system (OMS). With this investment from global growth equity investor Summit Partners, the company will especially focus on...
