Estee Lauder Cuts Thousands of Jobs in Cost-Saving Effort
Estee Lauder plans to cut 5,800 to 7,000 jobs to reduce costs. The restructuring aims to save $800 million to…
Worldpay Acquires Ravelin to Strengthen Fraud Prevention Capabilities
Worldpay is acquiring Ravelin to boost AI-driven fraud prevention in payments. The acquisition supports merchants by tackling fraud while improving…
ThePackengers secures €14M to expand services in Europe and the U.S.
ThePackengers raised €14M to expand its operations in Europe and the U.S. Plans include a new C2C app, automated hub,…
Corpay Acquires Gringo to Strengthen Its Vehicle Payments Presence in Brazil
Corpay announced its acquisition of Gringo to expand its vehicle payments business. The deal builds on Corpay’s earlier investment in…
Alleo Expands Employee Benefits Platform Through CultuurWerkt Acquisition
Alleo acquired CultuurWerkt to integrate cultural activities into employee benefits. The acquisition expands Alleo’s reach to 200,000 employees across various…
LEGO Invests in Carbon Removal and Reforestation Projects for Sustainability Goals
LEGO invested $3.3M in carbon removal and reforestation projects via partnerships. Technologies include biochar and enhanced rock weathering to reduce…
€10M Investment Boosts Expansion of Sirius Medical’s Cancer Care Technology
Sirius Medical secures €10M for expanding its tumour localisation technology globally. The funds will enhance Pintuition technology and expand sales…
Delta Introduces In-Flight Gaming with DraftKings to Enhance Passenger Experience
Delta partners with DraftKings for free in-flight gaming on personal devices. YouTube content, including music and podcasts, added to Delta…
Relive Acquires JOIN to Expand Fitness App Portfolio
Relive acquires JOIN to expand its health and fitness app portfolio globally. The integration combines JOIN’s adaptive training with Relive’s…
Businesses Face Rising Check Fraud as Digital Payment Systems Lag
Check fraud reached $24 billion in 2023, doubling over five years. SMBs face the brunt of check fraud due to…
