Editor’s Picks

New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria

New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria
New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria
December 07, 2020  |  Regulation

European Union (EU) guidelines released on Monday (Dec. 7) ask that Google, Amazon and other digital platforms provide an explanation about how search results are...

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Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
December 07, 2020  |  Retail

Talk of Walmart-controlled Flipkart Group going public is heating up as the Indian company continues to expand. Flipkart is an eCommerce marketplace site competing against...

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Capital One Halts BNPL Transactions On Its Credit Cards
Capital One Halts BNPL Transactions On Its Credit Cards
December 07, 2020  |  Buy Now Pay Later

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters...

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
December 07, 2020  |  Cryptocurrency

Facebook’s Libra (OK, now it’s been renamed to Diem) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions...

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eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
December 07, 2020  |  Retail

Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends...

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Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
December 07, 2020  |  Digital-First Banking

A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly...

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Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
December 06, 2020  |  Digital Payments

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a...

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Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
December 06, 2020  |  IPO

Airbnb, which plans to hold its initial public offering (IPO) Thursday (Dec. 10) — just a day after DoorDash does the same — will increase...

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New US Stimulus Proposal May Include $288 Billion In Small Business Aid
New US Stimulus Proposal May Include $288 Billion In Small Business Aid
December 06, 2020  |  Economy

The U.S. Senate may as early as Monday take up a new $908 billion stimulus package that includes help for small- to medium-sized businesses (SMBs)...

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