Microsoft has the Zune. Apple has the Newton. More recently, Amazon has the Fire Phone. All examples of great and innovative companies that swung and missed big after designing products that really didn’t solve any problems for consumers or add any real value to an...
Who’s to blame for Target’s demise in Canada that will shutter 133 stores and lay off 17,600 people? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
If only Piper Chapman’s girlfriend, the protagonist in the Netflix series, “Orange is The New Black,” knew the alleged Dread Pirate Roberts and his Libertarian bitcoin Web project, Silk Road, maybe she wouldn’t have had to ask Piper to carry the suitcase full of drug money...
The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...
The entrance of Uber into the ridesharing market disrupted more than just the taxicab industry, it has shaken the financial ecosystem that was supported by those who owned and loaned money for the once-coveted taxi medallion business. It’s a trend seen over and over again in the...
If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. Get the Full Story Complete the form to unlock this article and enjoy...
Never let it be said that the world’s cyberthieving population isn’t always on the hunt for better and more efficient ways to use technology to separate individuals from their money. With the new year comes a new variation on the ATM skimming attack that started...
Regulations on lending could harm consumers, according to Joshua Wright, one of the five Commissioners of the Federal Trade Commission and a leading economic scholar. Wright recently released a comment on December 26, 2014 that lays out the case for caution in imposing limits on...
Bitcoin prices took a nosedive this weekend falling a whopping 17.2 percent, in just 72 hours, from 311.05 on Friday to $257.61 on Sunday. That completes a rocky year of ups and downs for bitcoin, but mostly downs, with the leading crypto-currency falling 72.8 percent...