Jeff Bezos, CEO of Amazon, has sold off $4.1 billion in shares of his own company in the last 11 days as part of a new prearranged trading plan, according to a report from CNBC. Get the Full Story Complete the form to unlock this...
With a potential initial public offering (IPO) on the horizon, Airbnb reportedly registered a loss in the first nine months of 2019 amid an increase in costs. The loss is said to raise questions about the timing and valuation of the tech company’s introduction to the public...
Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Department of the Treasury Financial Crimes Enforcement Network (FinCEN) has issued a new ruling on the reporting of currency transactions for sole proprietorships and legal entities operating under a “Doing Business As” (DBA) name, according to a Monday (Feb. 10) release. Get the Full...
Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new framework for Big Tech, Reuters reported on Tuesday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy...
The phrase “out of stock” is starting to show up in discussions about the coronavirus. As Chinese companies and American companies doing business in China grapple with quarantines and proliferation the disease, U.S. retailers are concerned about a supply chain problem. Get the Full Story...
The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and...
In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. Also, the Department of Justice charged four Chinese intelligence officers with the 2017 cyberattack on...
In China’s Wuhan district, the epicenter of the coronavirus outbreak, many residents are not allowed to leave their homes, much less go out shopping. And even if they could, many stores are closed. This has caused a spike in online delivery services for companies like...
