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Meta Invests in Metaverse Plans Amid Sweeping Layoffs

Meta Invests in Metaverse Plans Amid Sweeping Layoffs
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022  |  Meta

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions....

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BNPL for Business Finds Home in Furniture Marketplaces
BNPL for Business Finds Home in Furniture Marketplaces
November 09, 2022  |  B2B Payments

B2B eCommerce furniture and home décor marketplace HomeRoots has announced that its payments solution will be powered by B2B payments firm Balance and will bring...

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FinTech Euronet Worldwide Teams With AeTrade on Digital Payments
FinTech Euronet Worldwide Teams With AeTrade on Digital Payments
November 09, 2022  |  emea

Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic Trade...

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Oracle Unveils Mobile Ordering/Payments Tool
Oracle Unveils Mobile Ordering/Payments Tool
November 09, 2022  |  Mobile Order Ahead

As restaurants deal with a tough labor market, business software company Oracle has debuted a mobile order and pay tool designed to let eateries “serve...

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Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
November 09, 2022  |  Personnel

Meta will lay off more than 11,000 employees — 13% of its workforce — CEO Mark Zuckerberg said, blaming the decision on his misguided bet...

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Crypto Prices Slide Due to Binance/FTX Uncertainty
Crypto Prices Slide Due to Binance/FTX Uncertainty
November 09, 2022  |  Cryptocurrency

Cryptocurrency prices continue to slide amid uncertainty about a deal between two of the industry’s largest exchanges. Get the Full Story Complete the form to...

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Trade X to Add Mexico to Cross-Border Automotive Trading Platform
Trade X to Add Mexico to Cross-Border Automotive Trading Platform
November 09, 2022  |  B2B Payments

Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to...

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Galaxy CEO Says Exposure to FTX ‘Stings’ But Isn’t Detrimental
Galaxy CEO Says Exposure to FTX ‘Stings’ But Isn’t Detrimental
November 09, 2022  |  Cryptocurrency

Digital asset and blockchain firm Galaxy Digital has an exposure of about $76.8 million of cash and digital assets to cryptocurrency exchange FTX and is...

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Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
November 09, 2022  |  Retail

Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. Get the Full Story Complete the form to...

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