SoFi Technologies acquires most assets of PrimaryBid, ending UK fintech’s independence

SoFi Technologies is buying the majority of assets from British fintech PrimaryBid, a move that effectively ends PrimaryBid’s run as an independent company. The acquisition, announced on May 11, centers on PrimaryBid’s directed share program, the core technology platform that once made the UK startup a darling of pandemic-era capital markets. Financial terms were not…

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eBay rejects GameStop offer: ‘neither credible nor attractive’

eBay’s board of directors has formally rejected GameStop’s unsolicited bid to acquire the e-commerce company, bringing an unceremonious end to one of the stranger corporate stories of the year. In a press release issued Tuesday morning, eBay’s board called the proposal from GameStop CEO Ryan Cohen “neither credible nor attractive,” citing concerns about GameStop’s financing…

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Poland debates four crypto bills at once as ban proposal complicates vote

Poland’s Sejm is reviewing four rival crypto bills while the PiS opposition dangles a separate ban proposal, turning MiCA implementation into a high‑stakes regulatory brawl. Summary The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice. The…

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Exaforce raises $125M Series B to build AI for catching and stopping cyberattacks as they happen

As bad actors weaponize AI to exploit software vulnerabilities at unprecedented speed, companies are increasingly recognizing the need to bolster their cybersecurity defenses. Fortunately, those very AI tools are also helping businesses fight back. The need for such capabilities has helped Exaforce, an AI startup that detects and thwarts attacks in real time, secure a…

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