Large corporations have some hefty cash reserves, and businesses are holding onto it. The Association for Financial Professionals’ Corporate Cash Indicators that were released last April found that corporations in the U.S. are becoming more conservative with spending money. Similar conclusions were reached by Forbes Insights, which...
Jacqueline Reses, currently Yahoo’s chief development officer, is reportedly leaving Yahoo for Square. Reses’ main focus recently at Yahoo has been spinning off the firm’s stake in the Alibaba Group — a hold worth about $27 billion. Seasoned and professional, Reses is both a major...
Apparently, anyone who is anyone these days has their own tech accelerator. And now Target, with an assist from Techstars, is joining the accelerator party and founding its own. West Stringfellow, former chief product officer at Rosetta Stone and Bigcommerce, will be heading up the joint,...
In an ambitious set of financial projections, Pinterest is looking for significant growth in its sales and monthly users, driven at least in part by its continued push into payments and eCommerce, according to TechCrunch, which published a set of leaked documents on Friday (Oct....
Diebold, the automated teller machine company based in the United States, is in discussions to buy Wincor Nixdorf AG, the German ATM firm, in a deal that could be worth as much as $1.9 billion. The Wall Street Journal reported Saturday (Oct. 17) that Diebold,...
One tenet of successful omnichannel strategies is to never let a potential consumer be lost to a gap in the path to purchase. A new partnership between a retailer and an app might all but guarantee that. ClickZ reported that Target and name-that-tune app Shazam have...
Last week, the Computer & Communications Industry Association (CCIA), which represents a group of major telecom and eCommerce companies, released a blog post stating it is “unable to support” the current version of the heavily debated Cybersecurity Information Sharing Act (CISA) bill. CISA will soon...
Amazon is stepping up its game against fake reviewers by filing a lawsuit. The suit, aimed at more than 1,000 unidentified people, is targeting a group of freelancers who sell fake reviews of products. Amazon is attempting to do what many marketplaces have done in the...
Sony may not be taking on Apple and Samsung on the smartphone front, but it still plans to compete with the tech giants on the mobile payments front in Asia. Sony plans to use its contactless payment technology to make ground in the public transportation...
