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Business App Developer Progress Buys Chef For $220M
Business App Developer Progress Buys Chef For $220M
September 08, 2020  |  Partnerships / Acquisitions

Progress has announced that it will purchase Chef for $220 million, with the transaction to be finalized in October, according to a press release. Get...

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Bitcoin Daily: Slovakian Crypto Exchange Victim To A $1.6M Hack; Crypto Lender Cred Joins Visa’s FinTech Fast Track Program
Bitcoin Daily: Slovakian Crypto Exchange Victim To A $1.6M Hack; Crypto Lender Cred Joins Visa’s...
September 08, 2020  |  Bitcoin

European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6...

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Are Fortnite Concerts The Future Of Live Music?
Are Fortnite Concerts The Future Of Live Music?
September 08, 2020  |  Merchant Innovation

There are many wild stories in the annals of concert history: Ozzy Osbourne biting the head off a bat; Hells Angels handling security (with deadly...

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Razorpay Introduces Cash Advance To Provide Instant SMB Loans
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
September 08, 2020  |  B2B Payments

India-based financial solutions company Razorpay is rolling out a new solution for companies in need of business loans, helping them to instantly access capital, according...

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Lululemon Athletica Reports $554.3M In D2C Revenue
Lululemon Athletica Reports $554.3M In D2C Revenue
September 08, 2020  |  Earnings

Lululemon Athletica reported Tuesday (Sept. 8) that direct-to-consumer (D2C) net revenue was $554.3 million for the second quarter, which concluded Aug. 2, marking a 155...

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Payoneer Launches Global Cross-Border Payments Capabilities
Payoneer Launches Global Cross-Border Payments Capabilities
September 08, 2020  |  B2B Payments

Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let...

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Byju’s Raises $500M In Funding Round Led By Silver Lake
Byju’s Raises $500M In Funding Round Led By Silver Lake
September 08, 2020  |  Investments

Indian educational technology firm Byju’s has gotten a leg up from a $500 million funding round led by private equity titan Silver Lake, Bloomberg reported....

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Work-From-Home Trend Leads To Increase In Backyard Sheds
Work-From-Home Trend Leads To Increase In Backyard Sheds
September 08, 2020  |  Economy

As the COVID-19 crisis drags on, Americans continue to explore new ways of working from home — sometimes including building sheds to add more space...

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Brazil Says Central Bank Digital Currency Set For 2022 Rollout
Brazil Says Central Bank Digital Currency Set For 2022 Rollout
September 08, 2020  |  Cryptocurrency

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And...

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