Verizon is threatening to invoke the “material adverse clause” and to walk away from its offer to buy Yahoo in light of Yahoo’s 2014 hacking scandal. Experts say that no U.S. company has successfully used the clause to extract itself from an agreement. Will Verizon...
It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. 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...
Coupons — the old-school kind made out of paper — are pretty much a vestige of 20th century commerce that are waiting patiently to die out with their users. This is the conventional wisdom. Coupons were retail’s low-tech discounting solution in a world with Groupon,...
While the actual efficacy of Facebook’s ads are a hotly contested topic among the experts, Jet.com has recently come out with enthusiastic support for a platform that makes it just a bit easier to give consumers the extra handholding they might want or need when...
Another day, another potential data breach for a major retailer. Or so it seems. 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...
There’s been a lot of bankruptcy news this week. So, without further ado, here’s the latest in bankruptcy news and trends from the past week or so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Artificial intelligence (AI) is becoming more and more prevalent in almost every facet of people’s day-to-day lives, from its ability to defeat world-class chess players to its implementation into self-driving cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba is warning China’s retailers that it plans to revolutionize the nation’s retail sector. According to Internet Retailer, in a letter to shareholders sent on October 13, CEO Daniel Zhang outlined plans to make product manufacturing, distribution and service more efficient by “upgrading” traditional systems...
Bitcoin has had a great week, mostly. It’s rallying in China as the yuan devalues, central banks worldwide are experimenting with blockchain and a New Hampshire town is spreading the bitcoin vibe across the local radio airways. There is some less-positive news in Turkey, however,...
