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Hudson Hill Backs Wholesale B2B Platform MarketTime
Hudson Hill Backs Wholesale B2B Platform MarketTime
December 05, 2023  |  B2B Payments

Hudson Hill Capital has made a “significant” majority investment in B2B wholesale platform MarketTime. The private investment firm announced the funding Tuesday (Dec. 5), describing...

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Mistral AI Raises $487 Million in Round Led by Andreessen Horowitz
Mistral AI Raises $487 Million in Round Led by Andreessen Horowitz
December 04, 2023  |  Artificial Intelligence

French artificial intelligence startup Mistral AI is set to raise about €450 million ($487 million) in its latest funding round. The round includes investments from prominent...

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Google Postpones Launch of AI Offering Gemini Due to Non-English Query Challenges
Google Postpones Launch of AI Offering Gemini Due to Non-English Query Challenges
December 04, 2023  |  artificial intelligence

Google has postponed the launch of Gemini, its highly anticipated artificial intelligence (AI) offering. The decision comes as the company faced challenges with non-English queries, prompting...

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Paylocity Acquires Trace to Enhance HR Software Solutions
Paylocity Acquires Trace to Enhance HR Software Solutions
December 04, 2023  |  Acquisitions

Paylocity, a cloud-based human resources and payroll software solutions company, acquired headcount planning firm Trace. The move will enable Paylocity to expand its platform and...

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Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
December 04, 2023  |  Supply Chain

Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec....

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Uber Shares Climb 5% as Company Secures Spot in S&P 500
Uber Shares Climb 5% as Company Secures Spot in S&P 500
December 04, 2023  |  Stock Index

Ride-hailing giant Uber recorded a 5% increase in its shares Monday (Dec. 4), following the news that it was chosen to join the S&P 500....

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Starbucks Sales Slump Amid Staff Strikes
Starbucks Sales Slump Amid Staff Strikes
December 04, 2023  |  Stock Index

Starbucks’ sales have taken a hit as the coffee giant struggles with strikes. Amid this dip in sales, its stock has suffered a record run...

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Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
December 04, 2023  |  Security & Fraud

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises...

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Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

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