Tech giant Apple has been in talks to invest in a fund being put together by SoftBank Group, the Japanese telecom and banking firm. Named the SoftBank Vision Fund, it could be as large as $100 billion. SoftBank said it could also tie up with...
Facing some of the highest inflation in the world — some estimates say it’s over 500 percent — Venezuela will be pulling its largest bill from circulation this week as it prepares to introduce new, higher-value notes. Get the Full Story Complete the form to unlock...
Quarter three, the period that ended Oct. 30, showed Lululemon store sales up 11.3 percent to $393 million. Sales tied to the company’s “Other” segment — typically sourced from sales at the outlet locations — totaled roughly $47 million in the third quarter. Revenue from...
Good news this week for anyone on the East coast dreaming of a white Christmas — they may get their dream come true a little early. Winter storm Carly is bearing down on that part of the country, as is a blast of wintery cold — goodie,...
In a global expansion plan, Starbucks looks to add as many as 12,000 store locations over the next five years, including 5,000 cafes in China (a rate of over 2.7 new stores opening every day), and that total buildout will bring the global count up...
Three Taiwanese lawmakers want those caught driving for Uber to be fined as much as NT$25 million ($780,000) and to have their licenses suspended. Uber is currently available in four Taiwanese cities and has been downloaded by over 1 million people in the nation of...
The U.S. Department of Justice, the U.S. Attorney’s Office and the FBI, along with over 40 international organizations, including Europol and Eurojust, recently dismantled a worldwide network of criminal computer servers called Avalanche. Get the Full Story Complete the form to unlock this article and...
Walmart is about to find out in real time if its billions invested in leveling up its eCommerce capacity is making a dent in Amazon’s online dominance. Walmart is catching more customers with its eCommerce efforts, but its online market share dipped down to 4.1...
Turkey Day has come and gone. Cyber Monday is a memory. Consumer spending was robust through the holiday, as our latest Data Drivers dissects, with Rishi Chhabra, VP of Information and Analytics at First Data, weighing in on what the firm saw across a million merchants.
