News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Amazon Sues Two Firms Over Alleged Alexa Scam

Amazon Sues Two Firms Over Alleged Alexa Scam
Amazon Sues Two Firms Over Alleged Alexa Scam
May 15, 2020  |  Amazon

Amazon has filed suit against two companies that are allegedly operating a global tech support scheme targeting Alexa users, CNN reported. Get the Full Story...

READ MORE >
House To Pass $3T Stimulus Package Despite GOP Opposition
House To Pass $3T Stimulus Package Despite GOP Opposition
May 15, 2020  |  Economy

House Democrats made the case for a $3 trillion coronavirus stimulus package Friday (May 15), as White House and GOP leaders said they oppose what...

READ MORE >
Manhattan Sees Record-Low Number Of New Leases Amid Pandemic
Manhattan Sees Record-Low Number Of New Leases Amid Pandemic
May 15, 2020  |  Real Estate

New leases for Manhattan rentals plummeted by 70.9 percent year over year excluding renewals amid “shelter in place” measures made and enforced amid the pandemic,...

READ MORE >
Rakuten’s 5G Launch Postponed By Three Months
Rakuten’s 5G Launch Postponed By Three Months
May 15, 2020  |  Mobile

Customers waiting for Rakuten Inc.’s launch of its 5G services, which were originally planned for June, will have to wait. Get the Full Story Complete...

READ MORE >
Retail Sales Weaker Than Expected, Deepening Recovery Concerns
Retail Sales Weaker Than Expected, Deepening Recovery Concerns
May 15, 2020  |  Retail

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment...

READ MORE >
Giphy Joins Instagram
Giphy Joins Instagram
May 15, 2020  |  Facebook / Meta

Giphy, the search engine and online database for users to share videos, is joining Facebook as part of the Instagram team, Facebook announced on Friday (May 15). ...

READ MORE >
Zomato Lays Off 500+ Employees
Zomato Lays Off 500+ Employees
May 15, 2020  |  Personnel

Zomato, one of India’s most popular food apps, is downsizing its workforce by 13 percent and cutting pay for its remaining employees due to the...

READ MORE >
How NextDoor Found An Actual Purpose
How NextDoor Found An Actual Purpose
May 15, 2020  |  Social Commerce

A year ago, startup NextDoor’s status as a unicorn (a new firm with a valuation over $1 billion) was something of a mystery to outside...

READ MORE >