[ad_1] Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. Bloomberg | Bloomberg | Getty Images Chinese low-cost online retailer Temu has launched a…
Tag: Rival
UBS seals deal to buy rival Swiss bank Credit Suisse
[ad_1] UBS sealed a deal to buy rival Swiss bank Credit Suisse to avoid further turmoil in global banking, Swiss authorities said. Swiss regulators had been forced to step in…
TikTok owner ‘scraping’ UK news sites to train ChatGPT rival
[ad_1] The Chinese owner of TikTok has been accused of using UK news sites to train up its rival to ChatGPT without permission or fair payment. Publishers including The Guardian,…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
[ad_1] SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup…
Airline CEO says he had to fly on a rival as his flights were all full
[ad_1] AirAsia CEO Tony Fernandes. Harry Murphy/Sportsfile via Getty Images AirAsia CEO Tony Fernandes said his flights were all full so he had to use a rival carrier. Users on…
Denmark’s Margrethe Vestager loses out on EIB top job to Spanish rival
[ad_1] Photo: Getty EU competition chief Margrethe Vestager has said she will return to her job in Brussels after losing out on a top job at the European Investment Bank.…
Oh, Good, OpenAI’s Biggest Rival Has a Weird Structure Too
[ad_1] This article is from Big Technology, a newsletter by Alex Kantrowitz. Life got interesting for Anthropic two weeks ago, when OpenAI nearly lit itself on fire. Anthropic had been operating comfortably in OpenAI’s…
UBS Agrees to Buy Rival Credit Suisse
[ad_1] Switzerland’s largest bank, UBS, agreed on Sunday to buy its beleaguered and longtime rival Credit Suisse for about $3.2 billion, the most drastic bid yet to arrest the financial…
UBS to acquire troubled rival Credit Suisse in Swiss government deal
[ad_1] The Swiss central bank is extending a line of credit up to CHF 100 billion (€100 billion) to UBS and Credit Suisse. ADVERTISEMENT Banking giant UBS is to acquire…