Editor’s Picks

Billtrust To Go Public Via SPAC At $1.3B Valuation

Billtrust To Go Public Via SPAC At $1.3B Valuation
Billtrust To Go Public Via SPAC At $1.3B Valuation
October 19, 2020  |  Investments

B2B order-to-cash solutions provider Billtrust and special purpose acquisition company (SPAC) South Mountain Merger Corporation announced on Monday (Oct. 19) that they have entered into...

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Nordstrom Adds Online Order Pick-Up Service As Retailers Seek To Recover Sales
Nordstrom Adds Online Order Pick-Up Service As Retailers Seek To Recover Sales
October 19, 2020  |  Retail

Seattle-based Nordstrom is launching an order pickup service at Nordstrom Rack stores in the U.S. The retailer is rolling out the new service at the...

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Japan Ties Up With US, Europe To Legislate Big Tech
Japan Ties Up With US, Europe To Legislate Big Tech
October 19, 2020  |  ANTITRUST

Japan is teaming up with the U.S. and Europe to develop tough new regulations to take on big tech, according to a Reuters report on...

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Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020  |  Partnerships / Acquisitions

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail...

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JPMorgan Chase Launches 401(k) Solution For SMBs
JPMorgan Chase Launches 401(k) Solution For SMBs
October 19, 2020  |  B2B Payments

J.P. Morgan Chase has announced a new program called Everyday 401K by J.P. Morgan to help smaller clients prepare for retirement, a press release says....

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Wireless Companies Hope New Apple iPhone Launch Jumpstarts 5G Adoption
Wireless Companies Hope New Apple iPhone Launch Jumpstarts 5G Adoption
October 18, 2020  |  Mobile

Telecom executives whose companies are spending billions of dollars implementing 5G technologies hope Apple’s new 5G-capable iPhone will amplify what so far has been muted...

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US Consumers’ FICO Score Hits Highest Since 2005
US Consumers’ FICO Score Hits Highest Since 2005
October 18, 2020  |  Economy

The COVID-19 pandemic has produced one ray of sunshine amid otherwise devastatingly dark clouds: Consumer credit scores have improved in recent months to the point...

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Uber Brings $150M To SK Telecom Mobility Platform, Joint Venture In Korea
Uber Brings $150M To SK Telecom Mobility Platform, Joint Venture In Korea
October 16, 2020  |  Ridesharing

SK Telecom and Uber Technologies have entered into two business arrangements — one an agreement to collaborate and the other a joint venture — focusing...

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Sources: Ant Group Plans $280B Hike In IPO Valuation Target 
Sources: Ant Group Plans $280B Hike In IPO Valuation Target 
October 16, 2020  |  IPO

Jack Ma’s Ant Group is said to be setting its sights on a $280 billion minimum valuation target for its initial public offering (IPO), which...

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