Verizon Communications Inc. has reached an agreement to buy TracFone, a wireless prepaid service provider, in a deal worth up to $7 billion in cash and stock, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
TikTok announced on Monday (Sept. 14) that it has surpassed passed 100 million users in Europe, news that comes amid rising uncertainty over the fate of its operations in the United States. Get the Full Story Complete the form to unlock this article and enjoy...
Alibaba Group, the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings, which is best known for its ride-hailing business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
U.S. Treasury Secretary Steven Mnuchin declined to provide much detail on Oracle Corp.’s winning bid for TikTok’s U.S. operations. 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...
Walmart is out to find out whether drones can fly through the air with the greatest of ease. For the second time in the past week, the retailer has announced a pilot program to test how well drones will pick up and deliver packages. Get...
Oracle Corp., the Redwood City, Calif.-based software and technology giant, has confirmed that it has been selected by ByteDance to be the “trusted technology provider” that will take over Chinese-based TikTok’s U.S. operations. Get the Full Story Complete the form to unlock this article and...
Amid a red-hot IPO market here in the United States, some of the most incandescent new listings have come from special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
There’s a lot that’s new and digital about New York Fashion Week. In fact everything is new from the virtual runways to the individual shows getting precedence over the more general events. Even the sponsorships are new, including home improvement retailer Lowe’s. Get the Full...
There are more than a few mind-blowing stats about Amazon, most of them having to do with its 44 percent of the eCommerce market, or maybe the $88.9 billion in revenue it booked during the second quarter of 2020. But not so much is known...
