German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors. The startup is also in discussions with rival food delivery companies about a potential merger, Bloomberg reported Wednesday (April 17), citing unnamed sources. Flink did not immediately reply to PYMNTS’ request
Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister
As of last June, most of the world’s governments hadn’t begun regulating the cryptocurrency sector. That’s according to a new report by the Financial Action Task Force (FATF), whose president told CoinDesk Thursday (March 28) that this low level of response — with under 30% of the world’s jurisdictions regulating crypto — requires a “call to
Q3 results 2024: India Inc. is all set to enter into the second week of ongoing October-December quarter results for fiscal 2023-24 (Q3FY24) on January 15. A majority of companies have informed their boards when they will consider their earnings reports for the October-December period or the third quarter. For starters, Jio Financial Services, Angel