April 16, 2024
Key Point Review: China SPC Antitrust Judgments in 2023
Each year, the Intellectual Property Court of the PRC Supreme People’s Court published a summary of key points of its antitrust case judgments concluded in the prior year. On February...
April 16, 2024
China’s Regulation on Resale Price Maintenance: The Necessity and Path...
The regulation of resale price maintenance (RPM) stands as a notably contentious issue within antitrust law. The 2022 revision of China’s Anti-monopoly Law introduced the concepts of “Safe Harbor” and...
April 15, 2024
Revolut Investor Says FinTech’s Value Has Jumped 45%
A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million pounds ($9.75 million) as of...
April 15, 2024
Cisco’s AI Chief Says Technology Will Enhance Workplace Productivity
From enhancing productivity and efficiency to revolutionizing customer experiences, artificial intelligence (AI) could reshape the future of work and commerce. PYMNTS interviewed Javed Khan, senior vice president and general manager of Cisco Collaboration,...
April 12, 2024
Wells Fargo Sees Brighter Days for US Consumer Spending
The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post stellar earnings Friday (April 12) it did...
April 11, 2024
Wave of AI Models Signals Intense Industry Rivalry
The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications. OpenAI, Google and French startup Mistral AI unveiled the...
April 09, 2024
Binance Is Building ‘Robust Compliance Program,’ CEO Says
Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice — which fined Binance $4.3 billion...
April 08, 2024
Luxury Firms Compete for Buildings on Fifth Avenue
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping...
April 03, 2024
Card Networks, FinTechs Help Consumers Navigate Subscriptions Maze
From Netflix and Spotify to Amazon Prime, it’s increasingly common for consumers to maintain multiple subscriptions. However, juggling these subscriptions across a web of apps can be challenging, especially when...