AMADEUS BUYS IDEMIA FOR €1.2B IN BIOMETRICS PUSH
■ AI-SUMMARIZED FROM 1 SOURCE BELOW
Amadeus IT Group, operator of the world's largest travel booking system, announced plans to acquire French biometrics firm Idemia Public Security for €1.2 billion in cash. The deal marks a strategic expansion into identity verification technology.
■ MORE FROM THE BUSINESS DESK
Maryland has become the first US state to ban surveillance pricing in grocery stores, a practice where retailers charge different prices based on consumer data. Five other states are now considering similar legislation.
A Tesla owner secured a $10,000 court victory over the company's Full Self-Driving marketing claims. Tesla is appealing the decision rather than accepting the judgment.
The US Senate unanimously passed a rule Thursday barring senators from trading on prediction markets like Kalshi and Polymarket, effective immediately. The move addresses concerns over insider trading risks.
GameStop is preparing an offer for eBay after quietly accumulating shares, according to sources. The $11B retailer's move targets the $45B marketplace as CEO Ryan Cohen pursues a major deal.