U.S

Alibaba Beats $30B Sales Record On China’s Singles Day
Alibaba Beats $30B Sales Record On China’s Singles Day
November 11, 2019  |  eCommerce

China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). The gross merchandise value (GMV),...

READ MORE >
Google Brings Play Points Rewards Program To The States
Google Brings Play Points Rewards Program To The States
November 04, 2019  |  Google

Google is introducing the Google Play Points rewards program in the United States, the company announced on Monday (Nov. 4), according to reports. The program...

READ MORE >
US Govt. Reviewing TikTok’s $1B Musical.ly Acquisition
US Govt. Reviewing TikTok’s $1B Musical.ly Acquisition
November 01, 2019  |  Mobile Applications

The United States government is investigating China-based ByteDance Technology, the company that owns popular video app TikTok, according to Reuters. The investigation is mainly centered...

READ MORE >
Revolut Taps Mastercard For Its US Card Debut
Revolut Taps Mastercard For Its US Card Debut
October 22, 2019  |  Mastercard

British FinTech startup Revolut is collaborating with Mastercard to help it expand into the U.S. by the end of 2019, Mastercard said in a press...

READ MORE >
David Marcus Threatens That China Will Win If Libra Fails
David Marcus Threatens That China Will Win If Libra Fails
October 17, 2019  |  Cryptocurrency

David Marcus, the executive in charge of Facebook’s proposed cryptocurrency, Libra, said if Libra fails, the U.S. could fall behind China in the race for...

READ MORE >
German Discount Stores Disrupt US Grocery Space
German Discount Stores Disrupt US Grocery Space
October 15, 2019  |  Retail

With simpler stores that offer fewer products at lower prices, German discount chains Aldi and Lidl have increased their sales. They are taking a bigger...

READ MORE >
Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
Private Equity Firm Thoma Bravo To Acquire UK’s Sophos For $3.8B
October 14, 2019  |  Partnerships / Acquisitions

British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14). Sophos’s...

READ MORE >
Walmart Names New US CEO
Walmart Names New US CEO
October 10, 2019  |  Walmart

Walmart has announced the departure of Greg Foran, president and CEO of Walmart U.S. His replacement with be John Furner, who currently serves as president...

READ MORE >
PA Fed Pres Says Digital Currency Inevitable, But US Shouldn’t Lead
PA Fed Pres Says Digital Currency Inevitable, But US Shouldn’t Lead
October 04, 2019  |  Bitcoin

While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States...

READ MORE >