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Lyft Shares Continue Tumble, Sparking Fears Over Uber
Lyft Shares Continue Tumble, Sparking Fears Over Uber
May 08, 2019  |  Ridesharing

Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low...

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US Authorities Shut Down Deep Dot Web Amid Money Laundering Charges
US Authorities Shut Down Deep Dot Web Amid Money Laundering Charges
May 08, 2019  |  Security & Fraud

The U.S. Justice Department has brought charges against Deep Dot Web, a site that featured news, information and reviews about dark web sites and surreptitious...

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Countingup Teams With Hokodo; Boost And Shell Malaysia Unveil eWallet Payments
Countingup Teams With Hokodo; Boost And Shell Malaysia Unveil eWallet Payments
May 08, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an eWallet payment service with Boost and...

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Amazon Merchants Affected By Cyberattack
Amazon Merchants Affected By Cyberattack
May 08, 2019  |  Security & Fraud

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a...

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
May 08, 2019  |  Legal

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based...

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Facebook Taps Ex-PayPal Employees For Blockchain Team
Facebook Taps Ex-PayPal Employees For Blockchain Team
May 08, 2019  |  Cryptocurrency

Facebook is shoring up its secretive blockchain team with hires from PayPal, according to a report by Bloomberg, and the company might be planning to...

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Uber Expected To Price IPO In Mid Or Low Range
Uber Expected To Price IPO In Mid Or Low Range
May 08, 2019  |  IPO

Uber will price its initial public offering (IPO) at either the middle of its target range or below, according to a report by CNBC. Get...

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FTC Wants Tighter Small Biz Lending Scrutiny
FTC Wants Tighter Small Biz Lending Scrutiny
May 08, 2019  |  B2B Payments

The U.S. Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat...

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How Collectives Aim To Make Cities Into Blockchain Centers
How Collectives Aim To Make Cities Into Blockchain Centers
May 08, 2019  |  Blockchain

Blockchain technology is taking hold in the Southwest, with the help of organizations encouraging development in the space. A group called the Austin Blockchain Collective,...

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