Propelled by surging eCommerce, Drizly cashes in on shuttered bars with sale to Uber. It is the second major deal in the last year for Uber after buying Postmates for $2.65 billion in 2020. [more]
Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [more]
Mastercard, a multinational financial service corporation, announced that it will acquire Denmark-based Nets Group, a payments platform that will be leveraged to support faster Business-to-Business (B2B) payments. [more]
Facebook officially unveiled their white paper for Libra, a new global cryptocurrency. [more]
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