Facebook Whistleblower to EU Lawmakers: Beef up Tech Rules
Facebook Whistleblower to EU Lawmakers: Beef up Tech Rules
November 08, 2021  |  Regulation

Facebook whistleblower Frances Haugen told European Union lawmakers Monday (Nov. 8) that she believes Europe’s draft rules for tackling illegal online content could become a...

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Digital Bank Tinkoff Hires Ex-Morgan Stanley Exec as co-CEO for Asia Expansion
Digital Bank Tinkoff Hires Ex-Morgan Stanley Exec as co-CEO for Asia Expansion
November 08, 2021  |  Personnel

Russian online bank Tinkoff has hired former Morgan Stanley investment banker and energy executive Pavel Fyodorov to lead its expansion into Southeast Asia, the Financial...

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Hackers Steal Millions of Robinhood Customer Emails, Data
Hackers Steal Millions of Robinhood Customer Emails, Data
November 08, 2021  |  Security & Fraud

Brokerage and crypto-buying app Robinhood has experienced a data security incident, resulting in a hacker stealing five million customer email addresses, the company announced Monday...

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PayPal: Venmo Coming to Amazon, Pay Later User Hit 9.5M
PayPal: Venmo Coming to Amazon, Pay Later User Hit 9.5M
November 08, 2021  |  Earnings

The biggest buzz for PayPal and its latest quarterly results released on Monday (Nov. 8) is a new partnership with Amazon that will allow U.S. shoppers...

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EMEA Daily: UK FinTech JUMO Raises $120M; ShipBob Plans 20 Fulfillment Centers in Europe
EMEA Daily: UK FinTech JUMO Raises $120M; ShipBob Plans 20 Fulfillment Centers in Europe
November 08, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the FinTech JUMO raises $120 million to support emerging market entrepreneurs; logistics-based startup ShipBob plans...

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Ride-Hailing Fares up 25% in Q3 Over 2019, but Uber, Lyft Riders Don’t Care
Ride-Hailing Fares up 25% in Q3 Over 2019, but Uber, Lyft Riders Don’t Care
November 08, 2021  |  Gig Economy

Riders are returning to Uber and Lyft despite higher prices caused by a driver shortage, Reuters reported Monday (Nov. 8).  Get the Full Story Complete...

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About 5% of Sotheby’s, Christie’s Contemporary Art Auctions Are NFTs
About 5% of Sotheby’s, Christie’s Contemporary Art Auctions Are NFTs
November 08, 2021  |  Merchant Innovation

Non-fungible tokens (NFTs) have taken off in 2021 and so have auction houses’ sales of them, with Sotheby’s and Christie’s respectively selling $65 million and...

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India’s BNPL Use Expected to Climb to $50B by 2026, Report Says
India’s BNPL Use Expected to Climb to $50B by 2026, Report Says
November 08, 2021  |  Buy Now Pay Later

The buy now, pay later (BNPL) industry in India is doing well, with forecasts saying it will surge more than tenfold in the next four...

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Bank of England Governor Warns of Crypto Used in Cybercrime
Bank of England Governor Warns of Crypto Used in Cybercrime
November 08, 2021  |  Cryptocurrency

Bank of England Governor Andrew Bailey said surging cryptocurrency use is a boon for illicit activity, Reuters reported. Get the Full Story Complete the form...

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