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508LegalBiden Wants To Abolish Law That Gives Online Companies Immunity
Joe Biden, a candidate for president, said he wants to repeal Section 230 of the Communications Decency Act, a law that gives...
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716Partnerships / AcquisitionsCar Marketplace CarGurus Has Acquired Autolist
CarGurus, an auto marketplace based in Boston, has acquired car shopping platform startup Autolist, according to reports. Autolist is based in San...
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698InvestmentsAvidXchange Gets $260M In Financing Round
Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, according to...
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630FacebookBiden Says He’s Not A Fan Of Zuckerberg Or Facebook
In a New York Times interview with the paper’s editorial board, Presidential candidate Joe Biden said that he wasn’t a fan of...
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1.0KHealthcareEpic Medical Records Firm Drops Google Cloud Integrations
Epic Systems is telling clients that it will not seek further Google Cloud integration and will instead focus on Microsoft Azure and...
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976DeliveryDoorDash Overtakes GrubHub As Top Delivery Service
DoorDash has overtaken GrubHub as the No. 1 food delivery service in the U.S., according to a report by CNBC. The data...
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1.0KWalmartWalmart’s Chief Merchant To Exit Post-Holidays
Walmart is making changes to its executive team after the holiday shopping season, according to a report by CNBC. Walmart’s chief merchant,...
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1.3KAmazonAmazon’s Market Value Projected To Exceed $1T Once Again
Amazon might become a part of the so-called trillion-dollar club once again. The club is the collection of firms that have a...
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1.3KLegalApp Developers Bring Antitrust Lawsuit Against Facebook
Facebook has been sued by four companies regarded alleged anti-competitive practices, according to a report by Reuters. The companies say that the...
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839InvestmentsSoftBank Could Invest $40B In New Indonesian Capital
While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia...
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529ANTITRUSTFTC Probes Altria-Juul Tie-Up For Possible Antitrust Issues
Cigarette maker Altria, the company that produces Marlboro, has made an investment in electronic cigarette company Juul Labs, but certain aspects of...
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1.5KRetailBeyoncé Relaunches Ivy Park With Adidas Collaboration
With her new adidas x Ivy Park activewear collection, which gets its start online and in Adidas stores at midnight, Adidas is...
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1.4KRetailASOS Debuts Augmented Reality Online Shopping Tool
Augmented reality (AR) can now be a factor in one of the most traditional, physical aspects of clothes shopping: trying the items...
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895RetailLate Holiday Shoppers Made More Use Of Store Pickup
This past Christmas was one for the procrastinators, as people seemed to be more comfortable shopping for gifts much later in the...
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801RetailGap To Keep Old Navy In-House
Iconic modern retailer Gap officially stated this week that they will keep the Old Navy brand and will not spin it off...
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919InternationalChina Posts Worst Slowdown In Nearly Three Decades
China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday...
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1.0KAlternative FinancesCalifornia Grants Lending License To BNPL Platform Sezzle
Sezzle, the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight (DBO) for...
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1.3KArtificial IntelligenceEU Considers Tightening AI Regulations For ‘High-Risk’ Sectors
Seeking to keep things ethical in the development of artificial intelligence (AI), the European Union wants to enact legally binding requirements for...
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1.4KBitcoinBitcoin Daily: Gemini Creates Insurance Unit To Protect Against Crypto Theft; South Korea’s Bithumb Exchange To Fight Crypto Tax Bill
U.S. crypto firm Gemini has debuted an in-house insurer to cover its assets, according to a report Thursday (Jan. 16) by Reuters....
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1.8KSecurity & FraudAttempted Check Fraud Spiked 43 Pct. In Two Years
An uptick in check fraud has financial institutions considering whether they should update methods and stop using checks, according to a report...
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1.4KRetailBose To Shutter 119 Tech Stores
Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Part...
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1.1KRetailAmerican Apparel Eyes Comeback After Bankruptcies
After two bankruptcies and a messy controversy regarding its founder, American Apparel is trying to make a comeback, according to CNBC. American...
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1.1KGoogleAlphabet Market Cap Hits $1T
Google’s parent company Alphabet is the fourth U.S. tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in...
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1.3KAmazonAmazon To Launch Sixth Pop-Up Store In Seattle
Amazon has announced that it is opening a pop-up store at its headquarters in Seattle, according to a report by GeekWire. The...
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1.5KPayment MethodsCommuters In India Will Soon Need Only One Transport Payment Card
Metro authorities in India are planning to launch automatic fare collection (AFC) gates that will work with the country’s National Common Mobility...
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1.4KPartnerships / AcquisitionsFar Point Acquisition Merges With Global Blue In $2.6B Deal
Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue, earning it...
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1.7KSecurity & FraudDozens Of US Firms Had Same Security Flaw As Travelex
The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according...
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1.9KIPOAnt Financial Looks To Resurrect Stalled IPO
China’s Ant Financial is in discussions with banks to resurrect plans for an initial public offering (IPO) that was shelved over a...
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1.7KInvestmentsWeWork’s Lease Volume Dries Up After Botched IPO
Shared workspace and real estate company WeWork only signed four new leases in Q4, a drop of 93 percent in leasing activity,...
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1.4KAmazonIndia Unimpressed By Amazon’s $1B Infusion
During a visit to India by Amazon CEO Jeff Bezos and following the announcement of a $1 billion investment, the country’s trade...
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1.8KRidesharingEstonia’s Bolt Closes $55M Deal To Compete With Uber
Uber rival Bolt has closed a €50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout...
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1.2KRetailDec. Holiday Shopping Rush Boosted 2019 US Retail Sales
With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened...
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995RetailTesla Looks To Set Up Research And Design Center In China
To make “Chinese-style” vehicles, electric automaker Tesla reportedly intends to bring a research and design center to China per a recruitment notice...
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1.0KRetailIKEA Plans Urban Megastore With No Parking
As the retail landscape adjusts to more online shoppers, traditional brick-and-mortar retailers are reacting to customers’ changing lifestyles – including how they...
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2.5KAppleApple Makes $200M Acquisition In Race For AI Dominance
Apple shelled out $200 million for an artificial intelligence (AI) startup that makes smart devices smarter, topping bids by Microsoft, Amazon and...
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3.0KRidesharing$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New...
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2.8KSecurity & FraudHouse Committee Says FIs Struggle To Pinpoint Domestic Terrorism Financing
The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists,...
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2.5KBitcoinBitcoin Daily: Crypto Startup Kadena Introduces Public Blockchain, NBA’s Kings Auction Jersey Using Blockchain
Kadena, a crypto startup that’s an offshoot of JPMorgan’s blockchain center, has launched a public blockchain that can interact through public and...
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1.4KPartnerships / AcquisitionsUK Fast Food Group Strikes Exclusive Partnership With Just Eat
A new partnership between Greggs and Just Eat will prevent rivals in the delivery field like Uber Eats and Deliveroo from offering...
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1.2KInnovationSenate Calls For Funding To Help US Beat China In 5G Race
Senators Richard Burr from North Carolina and Mark Warner from Virginia have introduced a bill to push back against China’s 5G dominance...
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1.4KEconomyUS, China Sign Partial Trade Agreement
The signing of a partial trade agreement between the U.S. and China means goods and services will flow again, but uncertainties could...
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1.4KInvestmentsTencent Leads $45M Funding Round For France P2P App Lydia
French payments startup Lydia closed a $45 million (40 million euro) series B round led by Tencent, with participation from existing investors...
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1.1KPersonnelFormer CFPB Dep. Director Named Dept Of Financial Services Advisor
The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection...
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2.2KInternationalAlibaba Promises To ‘Transform And Upgrade’ Olympic Games
Chinese tech giant Alibaba has an Olympic sponsorship deal that’s worth hundreds of millions of dollars, and the company said it plans...
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2.0KGoogleGoogle Improves Search To Make Apparel Easier To Buy
Google has updated its search function to make searching for clothing items and accessories easier, the company said in a blog post....
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1.8KPersonnelBoulevard Taps Ex-Chase Exec To Lead Payments Division
Boulevard, a provider of back-office management software for the spa and salon industry, appointed Biju Nair as the company’s new vice president...
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1.3KMobileApp Annie: Mobile Companies Valued 6X Higher Than Those Without Mobile Focus
Mobile data and analytics company App Annie released its annual report The State of Mobile in 2020, offering a deep dive into...
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2.3KDigital BankingBrazil’s Unicorn FinTech EBANX Pilots Digital Wallet
Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis,...
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1.6KSecurity & FraudDataVisor Launches Real-Time Fraud Detection Solution
Fraud detection company DataVisor, which uses artificial intelligence (AI) to help find fraud activity and correct it, has released a new anti-fraud...
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1.2KInvestmentsSubscription Tech Firm Grover Closes €250M In Debt Equity
Berlin-based “pay as you go” tech subscription startup Grover has closed an asset-backed financing deal that adds to its existing debt facility...
