Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg reported. 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...
Microsoft plans to finish its acquisition talks with TikTok within the next three weeks, ahead of a Sept. 15 deadline, CNBC reported. Estimates on how much the deal would actually amount to range widely — from $10 billion all the way to $30 billion. Get...
Tencent Holdings, widely known for its mobile text and voice messaging service WeChat, is behind extensive talks to merge China’s biggest game-streaming platforms, reported Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Diageo — the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka — has taken a 1.3 billion pound ($1.7 billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages...
CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total revenues increased by 3 percent, to $65.3 billion, compared to the same quarter in 2019. Get the Full Story Complete...
The present tense for voice commerce shows an eager and accelerated installed base with 90 million devices in the U.S. But as with everything digital these days, the future is a lot closer than it used to be. And the future for voice commerce will...
The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
