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...
Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers. Get the Full Story Complete the form to unlock...
Two days after Google and Facebook CEOs testified before Congress over alleged antitrust violations, Australia has proposed regulation that could force the tech giants to pay Australian news outlets to distribute their content. Get the Full Story Complete the form to unlock this article and...
With the Trump administration increasingly signaling that it may ban Chinese technology power-house ByteDance’s blockbuster app TikTok in the United States over concerns of Beijing spying through the program, the business is considering registering as a publicly traded company on exchanges in Shanghai or Hong...
Iconic Vogue magazine editor Diana Vreeland once said, “Fashion is part of the daily air and it changes all the time.” Artificial intelligence (AI) is now one of the tools at the retailer’s disposal to keep pace with those changes. Get the Full Story Complete...
Neiman Marcus could exit Chapter 11 in time for holiday shopping. 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 our daily newsletter, PYMNTS Today. By completing...
Authentic Brands Group (ABG), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group, the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a venture capital slowdown, any investment round is a win. 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 our daily newsletter, PYMNTS Today. By completing...