Editor’s Picks

Report: FTC to Meet with Amazon Ahead of Lawsuit

Report: FTC to Meet with Amazon Ahead of Lawsuit
Report: FTC to Meet with Amazon Ahead of Lawsuit
August 07, 2023  |  Legal & Regulation

Amazon could face the toughest challenge in its 30-year history as Federal Trade Commission (FTC) officials prepare to file an antitrust lawsuit against the retail giant. Representatives...

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How the Fortunes of the Fortune 500 Have Changed Since 1996
How the Fortunes of the Fortune 500 Have Changed Since 1996
August 07, 2023  |  Connected Economy

The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark...

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Will CBDCs Be a Game-Changer for Cross-Border Remittances?
Will CBDCs Be a Game-Changer for Cross-Border Remittances?
August 04, 2023  |  Connected Economy

Cross-border remittances — where hundreds of billions of dollars flow internationally, typically as individuals send money home to friends and family — may be ripe...

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Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
August 03, 2023  |  Earnings

For Apple, the push to become a service-centered ecosystem proceeds apace. And in the latest quarter, revenues from hardware waned 4.7%, while services-related sales were...

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FIS Sees Demand as Banks Shift to Digital Ahead of Worldpay Stake Sale
FIS Sees Demand as Banks Shift to Digital Ahead of Worldpay Stake Sale
August 02, 2023  |  Banking

FIS Global posted second-quarter earnings results ahead of its pending sale of a stake in Worldpay that showed increasing demand from banks to digitize their...

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Uber Sees Members Spend 4x More Than Nonmembers as Delivery Bookings Surge 14%
Uber Sees Members Spend 4x More Than Nonmembers as Delivery Bookings Surge 14%
August 01, 2023  |  Earnings

Uber’s cross-platform activity continued to gain ground as members engaged more often with the company’s continuum of services. And members of the company’s premium paid...

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The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
July 26, 2023  |  Cryptocurrency

The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up.  Some of the digital asset industry’s biggest names, like Coinbase and...

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Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday...

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