Instagram Launches TikTok Rival, Reels
Instagram Launches TikTok Rival, Reels
August 05, 2020  |  Facebook

As Microsoft Corp. races to complete its purchase of TikTok, the trendy Chinese app that allows teens to share lip-syncing videos, Facebook’s Instagram debuted its...

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DoorDash Launches Digital Convenience Stores
DoorDash Launches Digital Convenience Stores
August 05, 2020  |  Retail

DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share...

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Telehealth Heats Up With Teladoc, Livongo Health $18B Merger
Telehealth Heats Up With Teladoc, Livongo Health $18B Merger
August 05, 2020  |  Healthcare

Telemedicine and virtual healthcare company Teladoc Health and California-based Livongo Health Inc., which provides digital health management for chronic conditions, have agreed to merge, the...

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Alibaba Raises $1.3B For Push Into Online Pharmacy Business
Alibaba Raises $1.3B For Push Into Online Pharmacy Business
August 05, 2020  |  Healthcare

Alibaba Health Information Technology plans to pump the $1.3 billion it raised in a secondary offering on the Hong Kong stock exchange to expand its...

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ADP Reports Disappointing Private Sector Job Growth In July
ADP Reports Disappointing Private Sector Job Growth In July
August 05, 2020  |  Economy

Private sector employment rose by 167,000 in July, but the numbers are a far cry from June, when private-sector employment increased by nearly 2.4 million jobs,...

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eBay, LendingPoint Partner On US Seller Credit
eBay, LendingPoint Partner On US Seller Credit
August 05, 2020  |  Alternative Credit

EBay is teaming up with LendingPoint to give the eCommerce giant’s U.S. sellers access to funding to help them build up and sustain their businesses....

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Liquor Sales Up, But Glass Is Still Half Empty
Liquor Sales Up, But Glass Is Still Half Empty
August 05, 2020  |  Retail

Diageo — the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka — has taken a 1.3 billion pound...

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Mastercard Targets European Banks With New Research Platform
Mastercard Targets European Banks With New Research Platform
August 05, 2020  |  Mastercard

Mastercard is rolling out a new “business intelligence” platform that will provide research and analysis on the payments sector in Europe. Get the Full Story...

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CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
August 05, 2020  |  Retail

CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total...

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