Microsoft Corp. has resumed attempts to buy the U.S. arm of TikTok — the popular but controversial Chinese video-sharing app owned by ByteDance — by Sept. 15, according to the Redmond, Wash.-based tech giant’s blog. Talks between Microsoft and ByteDance resumed after Microsoft CEO Satya...
Sensory branding is having a moment. At Dunkin’, consumers can now buy coffee-flavored cereal. KFC would be happy for consumers to pick up a pair of chicken-scented Crocs, but they’re sold out. And McDonald’s is celebrating the 50th anniversary of its Quarter Pounder with six...
President Donald Trump said late Friday (July 31) that he plans to ban Chinese-based social-video giant TikTok in the United States even as reports emerged that Microsoft Corp. is in discussions to buy the company’s American operations. Get the Full Story Complete the form to...
Regulators in China are preparing to move against once-hot Luckin Coffee Inc., which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal reported on Friday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Three arrests were made Friday (July 31) in California, including a juvenile, the alleged mastermind, for their alleged roles in the Twitter hack that took place on July 15, according to the U.S. Attorney’s Office in the Northern District of California. Get the Full Story...
Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
PayPal and Shopify reported blockbuster earnings results this week, which showed a growing shift to digital amid the pandemic. But that also raises the question: “Is this change permanent?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). Get the Full Story Complete the form to unlock...
In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust regulator. Plus, PayPal talks QR codes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
