Scandinavian Payments Processor Nets Sold For $5.3B
Scandinavian Payments Processor Nets Sold For $5.3B
September 26, 2017  |  Partnerships / Acquisitions

Nets, the mobile payments company, has received a 33.1 billion Danish crown ($5.3 billion) offer from Hellman & Friedman, the U.S. private equity (PE) firm....

READ MORE >
Australia Tightens Leash On Bank Execs
Australia Tightens Leash On Bank Execs
September 26, 2017  |  Bank Regulation

Australia has introduced tougher rules on banks that will go into effect as early as next month, including capping executives’ salaries, delaying their bonuses and...

READ MORE >
Google Powers Siri Search
Google Powers Siri Search
September 26, 2017  |  Google

Apple’s decision to change its default web search browser to Google from Microsoft’s Bing when accessing Siri may seem like a blow to the Redmond,...

READ MORE >
New Uber CEO Apologizes To Londoners; Vows Changes
New Uber CEO Apologizes To Londoners; Vows Changes
September 26, 2017  |  Ridesharing

Following increased regulation and a removal of its license to operate, Uber’s newest CEO, Dara Khosrowshahi, apologized to London consumers and vowed to make changes...

READ MORE >
China Fines Leading Social Media Platforms Over Content
China Fines Leading Social Media Platforms Over Content
September 26, 2017  |  International

Tencent’s WeChat, Baidu and Weibo were all fined the maximum penalties by China’s cyber regulators for allowing content that was banned by the government. Get...

READ MORE >
The Latest Connected Device: Levi’s Interactive Jacket
The Latest Connected Device: Levi’s Interactive Jacket
September 26, 2017  |  Internet of Things

On Monday (Sept. 25), Google’s Advanced Technology and Projects (ATAP) group introduced, Jacquard, a connected apparel platform that lets clothing designers and manufacturers mesh connectivity,...

READ MORE >
SoFi CTO Steps Down
SoFi CTO Steps Down
September 26, 2017  |  Personnel

Social Finance’s top technology executive, June Ou, has decided to leave the company, making her the fourth senior SoFi executive to leave the firm in...

READ MORE >
Equifax Bought An Identity Protection Service Just Before Disclosing The Breach
Equifax Bought An Identity Protection Service Just Before Disclosing The Breach
September 26, 2017  |  Security & Fraud

Already facing so many questions about a breach that sent much of the U.S. adult population’s personal information into the hands of hackers worldwide, Equifax...

READ MORE >
Cybercrooks Hack Deloitte Client Emails
Cybercrooks Hack Deloitte Client Emails
September 26, 2017  |  B2B Payments

Big Four accountancy firm Deloitte is the latest target of a high-profile data breach, one some analysts are calling an “embarrassment” for a company known...

READ MORE >