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Wish Plays up Discovery-Based Shopping in ‘You Wish’ Campaign
Wish Plays up Discovery-Based Shopping in ‘You Wish’ Campaign
August 15, 2022  |  eCommerce

The re-invention of struggling mobile eCommerce marketplace Wish.com continues as the company is now counting on a new brand campaign to reboot its image and...

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Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
August 15, 2022  |  Retail

Grill maker Weber is planning a 10% “reduction of force” in its management staff after reporting a 21% drop in sales Monday (Aug. 15). Get...

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Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
August 14, 2022  |  CBDC

Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. Get the Full...

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Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
August 14, 2022  |  Legal

Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed...

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Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  Buy Now Pay Later

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

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Stoa Raises $100M for House-Flipping Platform
Stoa Raises $100M for House-Flipping Platform
August 14, 2022  |  Real Estate

Stoa, the Arizona company that debuted the FlipOS by Stoa platform for single-family home investors, has gotten another $100 million securitization toward helping to close...

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Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
August 14, 2022  |  eCommerce

Zalando, the biggest European online fashion retailer, doesn’t think the current slowdown on internet shopping will last, Financial Times (FT) wrote Sunday (Aug. 14). Get...

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Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
August 14, 2022  |  Cryptocurrency

Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million....

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Gaming Sales, Engagement Slide as Discretionary Spending Shrinks
Gaming Sales, Engagement Slide as Discretionary Spending Shrinks
August 14, 2022  |  Connected Economy

As gamers return to real-world pursuits and cut spending in the wake of economic woes, gaming companies are in trouble. Get the Full Story Complete...

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