News

Bitcoin
Bitcoin Tracker: Fight Or Flight
January 13, 2017

Bitcoin’s volatile tendencies were on full display this past week. After flirting with record highs just over one week ago, bitcoin fell to its lowest level in over a month, $746.79, on Thursday (Jan. 12). While that may still seem like a pretty solid value,...

Retail
UK Retailer Cuts Bonuses For 90,000 Workers
January 13, 2017

Employees of British retailer John Lewis should not look forward to receiving bonuses anytime soon. 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 daily newsletter,...

Retail
Drone Startup Lily Robotics Shuts Down
January 13, 2017

Things appeared to be going alright for drone startup Lily Robotics up until recently. 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 daily newsletter, PYMNTS...

Amazon Fined $1.1M For List Price Issue
January 13, 2017

Amazon is now on the hook to pay a $1.1 million fine to Canada’s Competition Bureau. The fine is part of a punishment slapped against the retail giant for misleading consumers with erroneous prices on its Canadian website, www.amazon.ca. Get the Full Story Complete the...

Retail
Snapchat Tests Social Commerce Waters
January 13, 2017

Snap Inc. is currently testing two new advertising tactics — deep linking and auto-fill — to boost its social commerce capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Fitbit Looked To Buy Jawbone In 2016
January 13, 2017

In the battle over wearables, is it a case of buy or be bought? 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 daily newsletter, PYMNTS...

Retail
No More Annual Sales Data From Xiaomi?
January 13, 2017

Smartphone maker Xiaomi has decided to stop disclosing just how many devices it sold on an annual basis, TechCrunch reports, amid the contention by the chief executive officer that the firm has been in what be seen as a transition phase after growing quickly —...

Investments
Northwestern Mutual Life Insurance Launches VC Fund To Invest In FinTechs
January 13, 2017

In an effort to expand its digital offerings, Northwestern Mutual Life Insurance has reportedly created a $50 million corporate venture capital fund designed to back startups in the FinTech market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Curve Launches Curve Rewards Loyalty Program
January 13, 2017

Curve announced on Thursday (Jan. 12) that it launched Curve Rewards, a loyalty program, and that it has partnered with more than 50 U.K. retailers, including Marks & Spencer, House of Fraser, Boots, Waterstones and more. Get the Full Story Complete the form to unlock this...