Editor’s Picks

Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale

Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
July 06, 2020  |  Retail

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent...

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Probe Claims Luckin Coffee Chair May Have Known Of Discrepancies
Probe Claims Luckin Coffee Chair May Have Known Of Discrepancies
July 06, 2020  |  Cybersecurity

The head of Luckin Coffee Inc. knew or should have known about the accounting misconduct at the Beijing-based java chain, The Wall Street Journal reported. Get the...

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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

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

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  |  Cybersecurity

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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