News

Regulation
Dutch Antitrust Agency To Investigate Apple Over App Favoritism
April 11, 2019

Apple is being investigated by the Netherlands’ Authority for Consumers & Markets (ACM) over accusations that it gives precedence to its own apps over competitors, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
Airbnb Hosting Site GuestReady Acquires Rival BnbLord
April 11, 2019

GuestReady, a startup that helps hosts on Airbnb and other similar sites, has acquired a fourth rival in a continuing push for market prominence, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Lemonade Raises $300M In Venture Funding To Expand
April 11, 2019

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced Thursday (April 11) it has raised $300 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
April 11, 2019

With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at a neutral rating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Kyriba Raises $160M As Bridgepoint Becomes Majority Owner
April 11, 2019

Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of funding led by Bridgepoint, the private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Solving The Subscription Movie Formula
April 11, 2019

The appeal of a subscription service like MoviePass is obvious. Movie tickets are expensive: The average price of a ticket for a non-matinee in 2018 was $9.11, and as a result most Americans don’t go to the movies all that often — fewer than 10...

Retail
Canvas Technology Acquired By Amazon
April 11, 2019

Amid its endeavors in robotic technology, Amazon has reportedly bought Canvas Technology. The Colorado-based startup, which was started in 2015, has offered such devices as a fully autonomous cart system, according to reports. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart To Revamp 500 Stores In eCommerce Age
April 11, 2019

In an effort to keep physical retail relevant in the online commerce age, Walmart plans to revamp 500 of its U.S. brick-and-mortar locations. The refits are said to include wider aisles, self-checkouts and brighter lighting, Financial Times reported. Get the Full Story Complete the form...

Retail
High-End Wedding Retail Takes A Dive — But Rebirth Is Possible
April 11, 2019

Stroll along certain streets in New Orleans (site of the PYMNTS bureau of slow and lost time), and you’ll come across one: A full-service, high-end bridal and wedding boutique. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...