Outerwall, the company that owns the DVD rental kiosk company Redbox, has agreed to sell its holdings in the struggling DVD rental company (including debt) to Apollo Global Management for $1.6 billion, according to various media reports on Monday (July 25). Get the Full Story Complete...
First Data, “a global leader in commerce-enabling technology,” has announced a partnership with Bancolombia, a conglomerate of Latin American and Caribbean financial companies, that will “integrate and strengthen their technology platforms in order to improve and diversify services for business owners in Colombia.” The two...
With its latest pact in place with Sabre, Chrome River is broadening its reach into travel expense management. Chrome River’s channel manager, Ted Stavropoulos, explains how mobile booking on the go can streamline the payments process and even choosing between vendors.
Even the most transient millennial remembers the day when the internet was dominated by either AOL or the just-as-good Yahoo. The former ceased to be relevant years ago, and the latter is set to do the same with a fresh buyer. Get the Full Story...
Pandora, the online radio streaming service, turned down a $3.4 billion acquisition offer from Liberty Media recently, the company that owns the Sirius XM satellite subscription radio service, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article...
Just because the pundits say that certain forms of retail are on their way to the grave doesn’t mean that merchants in those markets are going to go quietly into that good night. Such resilience puts many over-the-hill brands in a difficult position, though. Unable to go...
It’s a little jarring to think that, a short decade ago, it wasn’t clear whether Google or Yahoo would come out on top in the new realm of web search and advertising. That fight has been settled for years, though, and now that the loser is looking...
On the whole, it hasn’t been a good few months for retail mergers. Staples and Office Depot had a handshake merger deal called off at the midnight hour, and Sports Authority’s continued floundering is further evidence of its inability to find a suitable partner when...
For the most part, retail partnerships operate under the principle of quid pro quo. Ideal altruism is in short supply in the dog-eat-dog world of commerce whether it happens online or off, which means both sides in a deal are usually looking to get something out...
