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Investors Sue Lyft Over Overhyped IPO

Investors Sue Lyft Over Overhyped IPO
Investors Sue Lyft Over Overhyped IPO
April 18, 2019  |  Legal

Lyft is being sued by some investors who say the company exaggerated its market position during its IPO in March, which they say led to...

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Apple’s Settlement With Qualcomm May Have Cost As Much As $6 Billion
Apple’s Settlement With Qualcomm May Have Cost As Much As $6 Billion
April 18, 2019  |  Legal

The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion...

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SNAP Recipients In NY Can Order Groceries From Walmart, Amazon
SNAP Recipients In NY Can Order Groceries From Walmart, Amazon
April 18, 2019  |  Retail

Big news is in the offing for Walmart, Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light”...

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RiverPay Aids Merchants With QR Code Payment Integration
RiverPay Aids Merchants With QR Code Payment Integration
April 18, 2019  |  Payment Methods

The UnionPay card in China is accepted by more than 80 percent of merchants in the United States, but Chinese customers are increasingly moving toward...

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Lampert Faces Suit From Sears Holdings Corp
Lampert Faces Suit From Sears Holdings Corp
April 18, 2019  |  Legal

In the wake of the retailer’s bankruptcy, Sears Holdings Corp. has filed a lawsuit against former CEO Eddie Lampert, along with ESL Investments and former...

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Facebook Admits To Uploading 1.5M User Contacts
Facebook Admits To Uploading 1.5M User Contacts
April 18, 2019  |  Security & Fraud

Social media giant Facebook has admitted that it might have “unintentionally uploaded” the email contacts of 1.5 million new users since May of 2016, according...

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In Response To EU Antitrust Concerns, Google Gives Android Users More Options
In Response To EU Antitrust Concerns, Google Gives Android Users More Options
April 18, 2019  |  Google

A senior Google executive said the company is responding to concerns from EU antitrust regulators by allowing Android users the option to download competing browsers...

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China’s Starbucks Rival Luckin Raises $150M
China’s Starbucks Rival Luckin Raises $150M
April 18, 2019  |  Investments

Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising...

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Amex Q1 Cardholder Spending, Loans Up
Amex Q1 Cardholder Spending, Loans Up
April 18, 2019  |  Earnings

American Express, in reporting its latest quarterly results, showed evidence Thursday (April 18) morning that consumer spending remains resilient, even having navigated the bumps of...

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