The Business & Technology Network
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Feed Items

European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to apply its own payment expertise to the insurance sector. Hi.health will continue to operate independently, while using Pliant’s infrastructure to support its product offering: a digital interface between insurance...
A trio of lawmakers want answers from 23andMe about the security of its customer data. In a letter to the bankrupt genetic testing service Thursday (April 17), members of the House Committee on Energy and Congress expressed concerns that this data could be compromised following a sale. The letter from Rep. Brett Guthrie of Kentucky, Rep. Gus Bilirakis of Florida and Rep. Gary Palmer of Alabama...
A federal judge has ruled that Google holds an illegal monopoly on online advertising technology. As The New York Times reported Thursday (April 17), Judge Leonie Brinkema found Google had violated the law to establish its dominance in the online advertising system. The U.S. Department of Justice (DOJ) and a group of states had sued the company, claiming that its monopoly in advertising...
In the FinTech space, 2025 is shaping up to feel a bit like 2019. This time around, all eyes are on embedded payments, in a nod to the new ways in which transactions are being woven into the fabric of eCommerce and enterprise business models. On Thursday (April 17), a pair of announcements — in which Global Payments said it was acquiring Worldpay from GTCR and FIS, and is also divesting its...
The number of initial claims for unemployment insurance in the U.S. fell by 9,000 during the week ended Saturday (April 12), signaling a stable labor market. The number of jobless claims dropped to 215,000, down from the previous week’s revised level of 224,000, the Department of Labor said in a Thursday (April 17) press release. The four-week moving average declined by 2,500 and was gauged at...
A federal judge’s landmark ruling Thursday (April 17) found Google guilty of illegally monopolizing the online advertising technology market, marking a pivotal moment in the ongoing battle between regulators and Big Tech. The decision comes after more than two years of legal wrangling, with the U.S. Department of Justice and a coalition of states arguing that Google’s dominance in digital ad...
If the general attitude of global business is based on economic uncertainty, American Express (Amex) never got that email. The company is greeting the balance of 2025 with optimism, even as many of its peers and the broader business community gird themselves for economic turbulence. While much of Wall Street frets over fluctuating consumer confidence and the specter of rising unemployment,...
Fifth Third Bancorp executives highlighted their proactive management and the bank’s ability to navigate uncertain environments during a conference call Thursday (April 17) discussing first-quarter earnings. They said these qualities are especially relevant at times like the present, when potential tariffs could lead to any number of different scenarios through the remainder of the year. “[We]...
There’s an alphabet soup of terms floating around when it comes to artificial intelligence models. There are foundation and frontier models, large and small language models, multimodal models — and the AI model term du jour, reasoning models. These buzzwords show up in blogs, company announcements, executive speeches, conference panels and quarterly earnings calls, but what do they actually mean...
Capital One Software introduced a tokenization solution to help businesses address data security challenges. Capital One Databolt is designed to let companies protect sensitive data at scale without sacrificing performance or speed, according to a Thursday (April 17) press release. “In an era marked by increasing data breaches, complex data privacy requirements, and the adoption of generative AI...