What’s Hot

Uber Drivers’ Data Gets Breached
October 15, 2015

Ride-hailing outfit Uber inadvertently released data tied to hundreds of its drivers, a deluge that included everything from scans of drivers’ licenses, Social Security numbers and other data. Motherboard, citing other sources, said that the leak was disclosed by drivers on Tuesday (Oct. 13) on...

Twitter Picks Ex-Google Biz Chief As Chairman
October 15, 2015

Twitter has named Omid Kordestani as the company’s executive chairman, with the appointment coming not long after the executive left Google in the wake of the Alphabet restructuring. The new executive chairman ascension comes only a little over a week after Jack Dorsey, who has...

LivingSocial Cuts 20 Percent Of Its Workforce
October 15, 2015

LivingSocial is laying off about 200 members of its workforce — one-fifth of its entire staff in the U.S.

That Was Quick. Amazon Folds Travel Marketplace
October 15, 2015

While Amazon is known for trying its luck in a number of different ventures (think grocery delivery, streaming devices and even drones), travel will no longer be one of them. The eCommerce retailer quietly shut down its travel site, Amazon Destinations, earlier this week. “We have...

Why Mobile Payments Haven’t Taken Off: MPD CEO Karen Webster Weighs In
October 14, 2015

MPD CEO Karen Webster recently spoke at the Code/Mobile conference in California and gave her thoughts on why mobile payments haven’t caught on with consumers. In summary, Webster points to the fact that there hasn’t been a strong use case for consumers to ditch their...

Apple Watch Nabs More Biz Banking
October 14, 2015

Corporate financial service provider Sage was one of the earliest businesses to link accounting solutions to the Apple Watch, but it’s certainly not the only one. The latest to do so is iGTB, owned by Intellect Design Arena. Reports Tuesday (Oct. 13) said iGTB has...

Diners Club Card Goes Virtual
October 14, 2015

The Diners Club has been a mainstay among corporations for some time now, but this week, the card is going virtual. News from South Africa’s Gadget on Tuesday (Oct. 13) said the company has launched the Diners Club Virtual Card, directed at corporate travelers. According...

B2B Payment Automation For The Events World
October 14, 2015

In general, corporate payment solutions need to be fast, reliable and secure. There are some aspects of payments that are necessary for corporations and consumers alike. But some industries need additional services when it comes to their payments needs that are unique to their business segment....

CyPhy Raises $22M To Mass Produce Drones
October 14, 2015

Two lines of business dominate robot manufacturing company iRobot: the marquee vacuum, Roomba, and another one that gets rid of bombs. And, according to TechCrunch, citing iRobot Cofounder Helen Greiner, the company’s success has been dependent on both products. But Greiner’s new focus seems to be on...