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Mastercard Gets Nod To Join China’s $27T Payments Market
Mastercard Gets Nod To Join China’s $27T Payments Market
February 11, 2020  |  Mastercard

China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion...

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Up For Sale: 6.25M Uber Shares Through Morgan Stanley
Up For Sale: 6.25M Uber Shares Through Morgan Stanley
February 11, 2020  |  Investments

Morgan Stanley wants to let people buy up Uber shares, according to people familiar with the subject, as they’re lining up buyers who will commit...

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Judge Throws Out Bid By Uber, Postmates To Halt Gig Worker Law
Judge Throws Out Bid By Uber, Postmates To Halt Gig Worker Law
February 11, 2020  |  Regulation

A judge has rejected the request from Uber and Postmates to put a stop to a new California law that would place new restrictions on...

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Walmart Sees 2.7 Pct Bump In Sales In Mexico
Walmart Sees 2.7 Pct Bump In Sales In Mexico
February 11, 2020  |  International

Walmart de Mexico’s sales are looking up, with a 2.7 percent increase at stores open for more than a year over the same time last...

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Antitrust, Privacy Concerns Surround Google’s Fitbit Takeover Bid
Antitrust, Privacy Concerns Surround Google’s Fitbit Takeover Bid
February 11, 2020  |  Google

Google‘s plan to buy Fitbit isn’t going as well as it had hoped, reports said. The search engine giant has been running into a wall...

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Fiat Chrysler To Debut Robot Taxis In China
Fiat Chrysler To Debut Robot Taxis In China
February 11, 2020  |  Merchant Innovation

Fiat Chrysler, in partnership with Chinese-based AutoX, wants to launch robo-taxis in China later this year, according to an announcement. The automobile maker, one of...

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Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year
Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year
February 11, 2020  |  Amazon

Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. who use the devices are...

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Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
Bitcoin Daily: Trump Plans To Expand Crypto Policing; Crypto Startup Asks For UK Bank License
February 11, 2020  |  Bitcoin

In the U.S., President Trump’s Fiscal Year 2021 budget, sitting at $4.8 trillion as of this week, proposes expanding the Treasury Department’s oversight of cryptocurrency....

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Countries Brace For Global Economic Impact Of Coronavirus
Countries Brace For Global Economic Impact Of Coronavirus
February 11, 2020  |  International

Canada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report...

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