Shares of Lyft increased as much as 4 percent on Friday (April 5) after short-seller Citron Research recommended that investors hold on to the stock. Lyft made its debut as a publicly traded company at the end of March, and saw shares slump in April...
Care.com, the internet-based childcare marketplace, had removed more than 46,000 daycare center listings from its website ahead of a Wall Street Journal investigation into its practices earlier this month. According to a report in The Wall Street Journal citing an analysis, Care.com took down around 72 percent...
Here comes China. Again. The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable privately held tech firm in the world, ahead of Uber — comes amid fresh fears among some banking professionals in...
Moving from cash to digital in Latin America is a process that requires not only the right technology, but the right types of partnerships and use cases between banks and FinTech firms, built on trust. That process, and making sure it works profitably, were among...
What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? That longstanding question gained some fresh attention in recent weeks when Visa announced its investment in YellowPepper. According to Visa, the move will help support growing opportunities for...
It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. The latest episode had French President Emmanuel Macron telling executives from major technology companies...
Apple remains the largest company in the world, but the battle is on for No. 2, as Microsoft has rallied to be neck and neck with Amazon in terms of market capitalization. The two Washington state-based companies are within one percentage point of each other,...
The black market took a hit when, in July, law enforcement took down two of the biggest dark web marketplaces, AlphaBay and Hansa Market. AlphaBay went down first, with Hansa not far behind – authorities had apparently been operating Hansa since June, and used the influx...
For many years, as communication, commerce and even crafting (see: Etsy, Pinterest) migrated to digital spaces, the art world stayed behind, lingering in brick-and-mortar museums, galleries and auction halls. People thought no one would ever buy art online, sight-unseen. They were wrong. “The art world...
