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276FacebookSenators Call For FTC Action On FB ‘Friendly Fraud’ Complaint
U.S. Senators Edward Markey and Richard Blumenthal have asked the Federal Trade Commission to act on a complaint that Facebook knowingly encouraged...
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629Security & FraudIndian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram...
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814AmazonAmazon China May Be Eyeing NetEase Merger
Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report...
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1.1KPartnerships / AcquisitionsBetting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
Stamps.com announced that it was ending an exclusive partnership with the United States Postal Service, according to reports. The company’s shares fell...
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1.4KSecurity & FraudCalifornia To Strengthen Data Breach Laws, Close Loopholes
Lawmakers in California have proposed a new bill that would close some loopholes in data breach notification laws, according to reports. Attorney...
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1.1KInternationalChinese Gov’t Aims To Bolster Rural Economies With Mobile Payments
In an effort to strengthen the economy in hamlets and small cities, China is looking to make mobile payments commonplace in rural...
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1.4KPartnerships / AcquisitionsBMW, Daimler Team For Mobility Services
To compete with on-demand transportation services such as Uber and Didi Chuxing, automakers Daimler and BMW are teaming up for a billion-euro mobility...
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1.5KRetailAmerican Eagle Tests ‘Style Drop’ Subscription
To let shoppers access clothing for a fixed fee on a monthly basis, American Eagle Outfitters is testing out an American Eagle...
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1.5KMobile CommerceVenmo Debuts Limited Edition Rainbow Card
Today Venmo will be rolling out its latest card offering for consumers. Joining the lineup of the six brightly colored, Mastercard-branded debit...
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2.9KDeliveryUber To Sell Its Uber Eats Operations In India To Swiggy
Uber Eats, the food delivery business of Uber, is gearing up to sell its Indian operations to Swiggy, a rival food delivery...
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2.5KBankingFDIC: Banks Pull In $237B In 2018
Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled...
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2.1KBankingSEC Initiates Danske Investigation
Amid the regulators looking into its Estonian money laundering scandal, the U.S. Securities and Exchange Commission (SEC) has reportedly initiated an investigation into...
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1.9KInvestmentsDoorDash Raises $400M, Hits $7.1B Valuation
In a new funding round led by Dragoneer Investment Group and Temasek Holdings, DoorDash notched a $400 million investment at a valuation...
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1.8KDigital BankingAnt, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses
As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set...
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1.4KEarningsCardtronics Same-Store Transactions Up 6 Pct In US
Cardtronics reported fourth-quarter results that topped expectations on the heels of what management noted was continued traction amid its U.S. ATM business,...
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1.7KIPOPinterest Files IPO
Amid a year when well-valued tech companies plan to list their shares, Pinterest has reportedly made a confidential filing with the U.S....
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2.6KInnovationVerizon Plans Rollout Of 5G In 30 U.S. Cities In 2019
Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless...
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2.2KBitcoinBitcoin Daily: QuadrigaCX’s Crypto Moves To EY; Samsung Unveils Smartphone With Built-In Crypto Key
Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed...
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2.4KInvestmentsLogistics Startup Flexport Lands $1B Investment Led By SoftBank
Global investment firm SoftBank’s Vision Fund led a $1 billion funding round for Flexport, a logistics and freight startup, according to reports....
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2.2KLegalFormer Malaysian PM’s PR Rep Charged In 1MDB Case
The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been charged in absentia in the 1Malaysia Development Berhad...
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2.2KAppleApple, Alipay Pair On Interest-Free iPhone Financing In China
In an attempt to increase iPhone sales in China, Apple has teamed up with Alipay to give potential buyers a more affordable...
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2.6KConsumer FinanceAlipay Will Charge Fees For Repayment By Credit Card
Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their...
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2.4KInternationalTrump Urges US Telecoms To ‘Step Up’ 5G Efforts
President Donald Trump told U.S. companies that they need to work harder to build 5G networks, and that they should lead by...
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2.1KInvestmentsBanco BTG Pactual To Raise Millions Via Security Token Offering
An investment bank located in Brazil is raising millions of dollars via a security token offering, as reported by CoinDesk. According to...
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1.9KInvestmentsLogistics Startup Lalamove Goes Unicorn With $300M Investment
Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round,...
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1.7KFacebookFacebook CEO, UK Officials To Meet Over Fake News, Regulation
Mark Zuckerberg, the chief executive of Facebook, is holding meetings with U.K. officials on Thursday (Feb. 21) to discuss fake news and...
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1.7KRetailGlobal Smartphone Shipments Fell Flat In Fourth Quarter
The fourth quarter saw global shipments of smartphones stall, with unit growth of just 0.1 percent compared to the fourth quarter of...
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2.3KLoansFinTech Firms Now 38 Pct Of Personal Loan Market
FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting...
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2.3KRidesharingHello TransTech Takes On Didi Chuxing In China Ride-Hailing
Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a...
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2.2KRetailWalmart Asda Deal Hits Regulatory Roadblock
It looks like the deal to merge Sainsbury’s with Walmart-owned Asda could be in fatal trouble — after a ruling by the Competition...
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2.4KRetailNeiman Marcus Taps Into The Travel Vertical
Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has...
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3.0KCashRetailers In Some States May Be Forced To Accept Cash
With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a...
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2.4KeCommerceUK Government Report Calls On eCommerce Players To Pay More Taxes
The U.K.’s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers...
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2.0KSafety and SecurityUber Fixes Bug That Reveals Client Secrets
After becoming aware of a bug on its back-end systems, Uber repaired a vulnerability that provided access to secret developer tokens. A...
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1.6KVoice ActivationSamsung Teases April Debut Of Galaxy Home Smart Speaker
After announcing its Galaxy Home smart speaker in 2018, Samsung Mobile CEO DJ Koh has reportedly indicated that the device would be...
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1.8KInvestmentsSoftBank-Backed On-Demand Physical Storage Startup Clutter Hits $600M Valuation
After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it...
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1.7KGoogleGoogle Maps Takes On Facebook Pages With ‘For You’ Tab
To help users follow businesses through the Google Maps iOS app, Google announced a new feature that allows users to monitor updates...
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1.9KEarningsGarmin Earnings Boosted By Smartwatch Popularity
With the demand for watches by outdoor adventurers bolstering earnings, Garmin’s stock reached its highest point in 11 years, rising 17 percent....
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2.0KMobile CommerceFlorida Prisons Delete $11M Worth Of Inmate Music Purchases
Following a switch in contractors that reportedly caused prisoners to lose access to music that they purchased, an inmate in a Florida...
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5.7KIPOLyft To List On Nasdaq, File IPO Next Week
Ride-hailing company Lyft is preparing to list shares on Nasdaq at the end of March, according to a report in The Wall...
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7.6KFacebookZuckerberg Considering Blockchain ID For Facebook Login
In an interview with Harvard Law professor Jonathan Zittrain, Facebook CEO Mark Zuckerberg said that he’s “potentially interested” in using blockchain technology...
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3.8KBitcoinBitcoin Daily: Binance Rolls Out Decentralized Exchange; Wyoming Legislators Pass Multiple Crypto Bills
Digital currency exchange Binance, which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according...
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5.0KSecurity & FraudGoogle Erred In Not Disclosing Microphone In Nest Security System
Google admitted that it didn’t tell users about a built-in microphone in its Nest Secure home security system, according to a report...
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3.6KRetailPayless Approved By Bankruptcy Court To Begin Closing Stores
Payless, a nationwide discount shoe retailer, has won approval from a bankruptcy court to begin closing its 2,500 stores in North America,...
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2.7KRetailTide Launches Omnichannel, On-Demand Laundry Service
Tide, the laundry brand owned by CPG Detergent, is introducing a service called Tide Cleaners, an on-demand dry cleaning and laundry service,...
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2.7KMobileSamsung Launches Galaxy Fold As Smartphone Sales Dip
Samsung on Wednesday (Feb. 20) launched its Galaxy Fold, a device designed to act as a smartphone or small tablet depending on...
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3.1KSecurity & FraudSymantec: Formjacking Is Cybercriminals’ Newest Scam
With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise...
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2.8KSecurity & FraudEstonia AML Investigation Widens To Include Swedbank
Estonia’s investigation of money laundering involving Danske Bank is widening to include Swedbank, according to a report by Reuters. Estonia is investigating...
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2.5KMobile ApplicationsApple To Enable App Development Across Devices
Apple is aiming to make it easier for software developers to make apps for its devices under a multistep program, which has...
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1.9KEconomyDefault Rates Remain Stable In First Month Of New Year
S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of...
