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Binance Founder Seeks to Prove He’s Not a Flight Risk
Binance Founder Seeks to Prove He’s Not a Flight Risk
November 26, 2023  |  Legal

Binance’s founder is fighting the Justice Department’s efforts to keep him in the U.S. Changpeng Zhao pleaded guilty last week to failing to maintain proper anti-money laundering standards...

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Report: Worldline Could Be Private Equity Takeover Target
Report: Worldline Could Be Private Equity Takeover Target
November 26, 2023  |  Acquisitions

Worldline’s stock climbed last week amid reports that it could be a takeover target. As Seeking Alpha noted Friday (Nov. 24), the French payments firm rose 5% on...

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Smartphone Sales See First Year-Over-Year Gain in 27 Months
Smartphone Sales See First Year-Over-Year Gain in 27 Months
November 22, 2023  |  Connected Economy

The smartphone industry has recorded its first month of year-over-year (YoY) growth in 27 months. Global monthly smartphone sell-through volumes grew by 5% YoY in...

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Temu and Shein Struggle to Convert Visits Into Transactions 
Temu and Shein Struggle to Convert Visits Into Transactions 
November 22, 2023  |  eCommerce

Online retailers Temu and Shein reportedly draw millions of visitors to their websites but struggle to convert those visits to sales.  Despite their popularity, the two retailers still lag...

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Cruise Plans to Resume Robotaxi Service in One City 
Cruise Plans to Resume Robotaxi Service in One City 
November 22, 2023  |  Transportation

Cruise, the autonomous vehicle unit of General Motors, is reportedly planning to resume its robotaxi service with a more focused approach.  After facing safety mishaps and regulatory scrutiny,...

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AI Startup CEO Criticizes Effective Altruism Movement for ‘Self-Righteousness’ 
AI Startup CEO Criticizes Effective Altruism Movement for ‘Self-Righteousness’ 
November 22, 2023  |  artificial intelligence

In a letter addressed to his staff, Aidan Gomez, the CEO of artificial intelligence (AI) startup Cohere, expressed his criticism of the effective altruism movement.  Gomez argued...

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Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
November 22, 2023  |  IPO

Floward, a Middle Eastern eCommerce firm, is reportedly working with Goldman Sachs Group and HSBC Holdings for a planned initial public offering (IPO) in Saudi Arabia.  The company, which...

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IDEX Biometrics Receives Initial Order From Smart Card Manufacturer
IDEX Biometrics Receives Initial Order From Smart Card Manufacturer
November 22, 2023  |  Biometrics

IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia....

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United Airlines Wants the Friendly Skies to Be Personalized With Data
United Airlines Wants the Friendly Skies to Be Personalized With Data
November 22, 2023  |  Travel Payments

United Airlines is reportedly weighing the addition of targeted ads to its passenger information. The airline is considering putting such ads in its in-flight entertainment system or on...

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