Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As Jack Ma Exits Board
Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As...
May 18, 2020  |  News

In today’s top news, Grubhub says “no deal” to Uber, but negotiations continue. Meanwhile, SoftBank posts $18 billion in losses after Jack Ma resigns, and...

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Kabbage Is Revived By Processing PPP Loans
Kabbage Is Revived By Processing PPP Loans
May 18, 2020  |  Loans

Kabbage Inc., the financial technology company that funds small businesses, has issued 110,000 Paycheck Protection Program (PPP) applications totaling more than $3.5 billion, the Atlanta-based...

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Robinhood Site Goes Down, Again
Robinhood Site Goes Down, Again
May 18, 2020  |  Investments

Users of the digital trading platform Robinhood have taken to social media once again to express their outrage about outages locking them out of a...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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FedEx, Microsoft Team On Shipping Initiative
FedEx, Microsoft Team On Shipping Initiative
May 18, 2020  |  Delivery

FedEx Corp. and Microsoft Corp. plan to launch a multi-year collaboration that they say will transform commerce by combining the transportation company’s logistics network with...

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BoA Downgrades Square Over SMB Sector Concerns
BoA Downgrades Square Over SMB Sector Concerns
May 18, 2020  |  SMBs

Bank of America has lowered its rating of Square Inc. by two notches Monday (May 18), downgrading the stock to “underperform” from “buy” amid fears that...

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AI Deployed To Help Expand India’s Healthcare Services
AI Deployed To Help Expand India’s Healthcare Services
May 18, 2020  |  Artificial Intelligence

Healthcare personnel shortages in India are being filled by artificial intelligence (AI) to help make medical services available to segments of the population that are...

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Uber Refocuses Business, Cuts 3K Jobs
Uber Refocuses Business, Cuts 3K Jobs
May 18, 2020  |  Ridesharing

Uber plans to cut 3,000 more jobs and close 45 offices — all while eyeing other cutbacks as the COVID-19 economy keeps pummeling the ride-hailing...

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Mark Cuban Calls For Stimulus Cash, COVID-19 Jobs Program
Mark Cuban Calls For Stimulus Cash, COVID-19 Jobs Program
May 18, 2020  |  Economy

In a series of tweets, entrepreneur Mark Cuban has called for a sea change in federal government policies to address the COVID-19 pandemic, on both...

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