International

Alibaba Pits Cloud-Based AI Platform Against Amazon
August 26, 2015

In July, Alibaba announced it was investing $1 billion in its cloud-computing business, Aliyun. Now, it’s clear why. 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...

Ongoing Restructuring At Intuit Leads To More Layoffs
August 26, 2015

Another 250 Intuit employees have been laid off — mostly from the Small Business Group — according to an internal memo from CEO Brad Smith, reviewed by TechCrunch. That follows a mass layoff of almost 400 employees (roughly 5 percent of its staff) in June of this year....

International
PayPal’s One Touch Just Touched A Bunch More Merchants
August 26, 2015

PayPal’s One Touch Platform just reached out and touched a whole bunch more consumers and merchants – worldwide.   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...

Uber Links With Airtel Wallet For Mobile Payments In India
August 24, 2015

In the latest development that signals a continued push into India, Uber has linked up with Bharti Airtel in a deal that will let customers in India pay for rides through the latter’s mobile wallet platform. Get the Full Story Complete the form to unlock...

International
Xiaomi Hires New Distributor For Africa Launch
August 24, 2015

Known as “the Apple of China,” smartphone maker Xiaomi announced the timing of its official arrival in Africa next month with the appointment of a distributor.

International
Uber May Hit $10.8B In Bookings This Year
August 24, 2015

Uber Technologies is on pace to log $10.8 billion in global bookings this year, up three times over last year’s tally, and could reach $26 billion in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
China Cracks Down On Cybercrime With 15K Arrests
August 24, 2015

Chinese police arrested 15,000 people for allegedly committing cybercrimes, which came as a result of the investigations of more than 7,400 cases involving offenses such as hacking, online fraud and the illegal sale of personal information.

Alternative Finances
Crowdfunding Platform Eyes Next Funding Move
August 24, 2015

During its two and half years of existence, the OurCrowd crowdfunding platform has enabled startups to receive funding from accredited investors, along with providing direct investments to the startups using its site. But now, the Jerusalem-based startup is considering its own funding future.

B2B Payments
Big Value For Visa Europe, Big Progress For The Blockchain And Big Trouble For Snapchat
August 24, 2015

Between Apple’s falling share prices, Amazon’s HR woes and the great Ashley Madison data dump of 2015, last week was an all-around great time for gossip in America. And with so much scurrilous (and potentially spurious) data floating free in cyberspace, it might have been...