Popular delivery service DoorDash announced on Thursday (Aug. 1) that it has brokered an agreement to acquire Caviar, Square’s restaurant delivery platform, according to a press release. DoorDash will spend $410 million in cash and DoorDash preferred stock. The acquisition will create a company with...
UniCredit, in a memo to its staff on Thursday, said that an internal investigation showed no evidence that a recent data breach at Capital One involved any of its own data, according to a report by Reuters. Get the Full Story Complete the form to...
House Committee on Oversight and Reform Republicans have started a probe into Capital One and Amazon over a massive data breach that affected millions, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...
The popular mobile shopping app Wish has raised about $300 million in a Series H round, according to reports. 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...
Textbook publisher and educational software maker Pearson announced it was hacked at the end of last year, exposing the information of more than 13,000 students, The Wall Street Journal reported on Thursday (Aug. 1). Get the Full Story Complete the form to unlock this article...
For an entire generation of consumers, booking a restaurant by telephone is as foreign an activity as using a rotary phone or creating a document on a typewriter. And it was OpenTable that created this shift in how getting a table at a restaurant could be...
Microtels (a portmanteau of micro and hotel) are trendy today, but are not exactly a new concept. In many locations outside the U.S. small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since...
Fitbit reportedly has cut its revenue forecast, one of the latest bits of news from the hot retail area of wearables. According to Reuters, Fitbit “cut its 2019 revenue forecast on Wednesday (July 31), blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite,...
As the demand for diapers has fallen, the two biggest companies in the market have found a way to raise prices while keeping sales steady. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
