IBM has announced that it will acquire Red Hat, the world’s leading provider of open source cloud technology, for approximately $34 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Tech stocks – they used to feel like they were getting whipsawed. Now, they just feel like they go in one direction … down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest on how Visa views cryptocurrencies, and Expedia’s fresh plan to take on Airbnb. Moody’s has news about the charge-off climate, chocolate is getting more expensive...
Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Following a data breach at learning platform Lynda in 2016, two hackers were indicted in Florida this month on charges of extortion and hacking. One alleged hacker lived in Florida, while the other was a Canadian citizen who was a Toronto resident, according to reports....
United Parcel Service (UPS) announced that it is ready to unveil a delivery test service that utilizes electric bicycles to address growing traffic congestion and air-quality concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As the Riksbank seeks to adapt to a society that is turning to cashless payment methods, the Swedish central bank is considering issuing a digital currency. While the bank explained a concept of an “e-krona” in a report last year, it said on Friday (Oct. 26)...
Pinterest, as the web’s best-known social media network/visual search engine, is among favored spots for online shoppers. It is also an incredibly tempting and fertile ground for commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. The company is opening a pop-up shop in time for the holidays in the SoHo neighborhood of New York City for the...
