Editor’s Picks

India’s eCommerce Proposal Would Grant It Access To Google’s, Amazon’s Source Codes, Algorithms

India’s eCommerce Proposal Would Grant It Access To Google’s, Amazon’s Source Codes, Algorithms
India’s eCommerce Proposal Would Grant It Access To Google’s, Amazon’s Source Codes, Algorithms
July 06, 2020  |  eCommerce

India’s new competition rules could end up having an adverse effect on global players like Amazon, Google and Facebook, Bloomberg reports. Get the Full Story...

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Uber Reaches $2.65B Deal To Buy Postmates
Uber Reaches $2.65B Deal To Buy Postmates
July 06, 2020  |  Partnerships / Acquisitions

Uber Technologies agreed Monday (July 6) to purchase delivery firm Postmates Inc. in an all-stock deal worth $2.65 billion. Get the Full Story Complete the...

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Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake
Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake
July 06, 2020  |  Investments

Intel Capital Corp. wants a piece of Jio Platforms, India’s largest mobile network operator, LiveMint.com reported. Get the Full Story Complete the form to unlock this...

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India’s Billing Processor BillDesk Looks For Buyers
India’s Billing Processor BillDesk Looks For Buyers
July 05, 2020  |  Partnerships / Acquisitions

Indian payment gateway BillDesk, which controls over half of the business clients in the country, is looking to sell off its business after a previous...

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Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash For Years
Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash For Years
July 05, 2020  |  Security & Fraud

As details about the failed management of Wirecard AG unfold, it becomes clear that the company’s core business has been losing cash for years, the...

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EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
July 02, 2020  |  ANTITRUST

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Get the Full Story Complete the...

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US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
July 02, 2020  |  Economy

The U.S. economy added a record 4.8 million nonfarm jobs in June and the unemployment rate fell to a lower-than-expected 11.1 percent, the U.S. Labor...

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SoftBank-Backed Lemonade Soars Above $3B Valuation On First Day Of IPO Trading
SoftBank-Backed Lemonade Soars Above $3B Valuation On First Day Of IPO Trading
July 02, 2020  |  IPO

Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of...

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