News

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Amazon Gets 10 Times More Prime Day Spend Than Walmart, eBay
Amazon Gets 10 Times More Prime Day Spend Than Walmart, eBay
July 17, 2019  |  Amazon

Data shows that shoppers spent more than 10 times as much money on Amazon during the first 24 hours of Prime Day than they did...

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EU Begins Antitrust Probe Into Amazon, Fines Qualcomm
EU Begins Antitrust Probe Into Amazon, Fines Qualcomm
July 17, 2019  |  Europe

Margrethe Vestager, the EU’s competition commissioner, is preparing to leave office with a bang, launching an investigation into Amazon while also preparing a fine against...

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MyMoneyMantra Financial Marketplace Lands $15M For Expansion
MyMoneyMantra Financial Marketplace Lands $15M For Expansion
July 17, 2019  |  Investments

Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private equity firm Vaalon Capital....

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Postmates Chief Denies Sale Rumors
Postmates Chief Denies Sale Rumors
July 17, 2019  |  Investments

Postmates CEO Bastian Lehmann said he plans to take the company public this year, even though there are rumors swirling that the company is courting...

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Microsoft And AT&T Announce $2B Digital Tie-Up
Microsoft And AT&T Announce $2B Digital Tie-Up
July 17, 2019  |  Partnerships / Acquisitions

AT&T and Microsoft have announced a partnership worth billions that would let the communications giant use Microsoft’s Azure cloud system for its computing purposes, according...

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Google Pay Adds Support For 26 New Banks This Month
Google Pay Adds Support For 26 New Banks This Month
July 17, 2019  |  Digital Banking

Google Pay has added support for 13 new  banks in July, bringing the total number of banks added this month to 26, according to reports....

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Consumer Watchdog Warns Against Elder Financial Abuse
Consumer Watchdog Warns Against Elder Financial Abuse
July 17, 2019  |  Safety and Security

The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization...

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House Lawmakers Call Libra A Dangerous Threat
House Lawmakers Call Libra A Dangerous Threat
July 17, 2019  |  Cryptocurrency

There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s...

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LG Pay Goes Live In US On One The LG G8 ThinQ
LG Pay Goes Live In US On One The LG G8 ThinQ
July 17, 2019  |  Mobile

LG Electronics’ mobile payments solution LG Pay rolled out in the U.S. July 16, but for now, is only available for the LG G8 ThinQTM...

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