News

Retail
What ‘Stranger Things’ Teaches Us About Attacks On Big Tech
July 22, 2019

A couple of months ago, I decided to give spinning a try. I’m a runner, not a biker, but wanted to see what it was like. When I realized I needed to buy a pair of spinning shoes for a spin class three days later,...

International
Bill Proposes Requirement Of Russian Software On Tech Devices
July 21, 2019

Russian lawmakers are proposing legislation that would require all smartphones, computers and smart TVs sold in Russia to come pre-installed with certain Russian software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Tech Experts To Visit White House To Discuss Huawei Ban
July 21, 2019

The U.S. ban on sales to China’s Huawei is expected to be a topic of discussion Monday (July 22) between White House regulators and tech executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Regulators Close To Approving Long-Debated T-Mobile-Sprint Merger
July 21, 2019

The long-running proposed $26 billion T-Mobile-Sprint merger is close to getting a go-ahead from federal regulators. The U.S. Justice Department’s Antitrust Chief Makan Delrahim’s scheduled testimony before the Senate’s antitrust subcommittee on Tuesday (July 23) was canceled on Saturday (July 20). The move shows the...

Investments
Founder’s Shares Purchase Sends India’s OYO’s Valuation To $10B
July 21, 2019

Indian hospitality business OYO now has a valuation of $10 billion after its founder, Ritesh Agarwal, purchased $2 billion in shares from Sequoia Capital and Lightspeed Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs
July 21, 2019

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck,...

Mobile Commerce
Tinder Pulls A Spotify And Drops Google App Store Signups
July 21, 2019

Tinder removed Google Play Store integration within its Android app to avoid Google’s service charge, which can be as high as 30%.  Tinder users who want to subscribe to premium services will now be asked to enter their credit card information directly into the Tinder...

Security & Fraud
Equifax Nears $700M Settlement For Data Breach
July 21, 2019

The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million.  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...

Investments
Trade War Slows Flow Of Cash From China To US
July 21, 2019

The flow of Chinese cash into America has fallen almost 90 percent since Donald Trump became President. 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...