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Zuckerberg Tells Congress That Libra Fills A Global Payments Void

Zuckerberg Tells Congress That Libra Fills A Global Payments Void
Zuckerberg Tells Congress That Libra Fills A Global Payments Void
October 23, 2019  |  Facebook / Meta

It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after all, for Facebook...

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Morgan Stanley Predicts Apple TV+ Will Boost Apple’s Services By 20 Pct
Morgan Stanley Predicts Apple TV+ Will Boost Apple’s Services By 20 Pct
October 23, 2019  |  Apple

Morgan Stanley analyst Katy Huberty has predicted that Apple TV+, the new streaming service from Apple, will be highly successful and help Apple’s services offerings...

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DOJ Taps Prominent Lawyer For Big Tech Probe
DOJ Taps Prominent Lawyer For Big Tech Probe
October 23, 2019  |  ANTITRUST

The Department of Justice (DOJ) has bolstered the staff for its investigation into potential antitrust violations against Big Tech, adding Ryan Shores, a former partner...

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Top News In Payments: Zelle Transaction Volumes Reach $49B; WeChat Pay Launches New Smartphone Feature
Top News In Payments: Zelle Transaction Volumes Reach $49B; WeChat Pay Launches New Smartphone Feature
October 23, 2019  |  News

In today’s payments news, Zelle’s third-quarter results show that transaction volume increased by 73 percent. Also, Tencent’s WeChat Pay is launching a new payment function that allows people to...

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SoftBank-Owned WeWork To Cut 4,000 Jobs
SoftBank-Owned WeWork To Cut 4,000 Jobs
October 23, 2019  |  Partnerships

WeWork, the embattled workspace company that was recently taken over by Japan’s SoftBank, will get rid of 4,000 jobs in an effort to become profitable. ...

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New Returnly Service Enables Global Online Returns
New Returnly Service Enables Global Online Returns
October 23, 2019  |  eCommerce

Silicon Valley’s post-purchase payments company Returnly has launched International Returns, a new solution that lets global shoppers return online merchandise from anywhere in the world,...

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Fabric To Expand Robotic Fulfillment With $110M Funding Round
Fabric To Expand Robotic Fulfillment With $110M Funding Round
October 23, 2019  |  Investments

Fabric, an automated logistics company that used to be called CommonSense Robotics, has raised $110 million in a Series B funding round led by Corner...

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NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
October 23, 2019  |  Bank Regulation

New York’s federal district court ruled that the U.S. Office of the Comptroller of the Currency (OCC) does not have the power to grant national...

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