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PayPal Faces Class-Action Lawsuit Alleging Anti-Competitive Practices
PayPal Faces Class-Action Lawsuit Alleging Anti-Competitive Practices
October 05, 2023  |  Legal

A class-action lawsuit has been filed against PayPal, alleging that the company engages in anti-competitive practices that result in higher prices for consumers during eCommerce transactions. The lawsuit,...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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FTX’s Former Customers Face ‘Nightmare’ Recovery Process
FTX’s Former Customers Face ‘Nightmare’ Recovery Process
October 05, 2023  |  Cryptocurrency

Nearly a year after FTX’s collapse, the cryptocurrency exchange’s customers are still hurting. Some have formed support groups. Others, per a report Thursday (Oct. 5) by Reuters, have...

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Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
October 05, 2023  |  Stock Index

Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this...

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Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
October 05, 2023  |  eCommerce

This year’s holiday shopping season will belong to mobile sales and buy now, pay later. That’s according to Adobe, which on Thursday (Oct. 5) released...

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Barclays Analysts See Meta as Well-Positioned for Growth in AI
Barclays Analysts See Meta as Well-Positioned for Growth in AI
October 05, 2023  |  artificial intelligence

Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The...

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Apple Executive Says Firm Considered Bing Acquisition to Challenge Google
Apple Executive Says Firm Considered Bing Acquisition to Challenge Google
October 05, 2023  |  Apple

Unsealed testimony from an Apple senior vice president has revealed that the tech giant considered acquiring Microsoft’s search engine, Bing, as a potential competitor to Google’s search dominance. This...

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Walmart Promotes Upcoming Deals as It Prepares ‘Holiday Kickoff’ Event
Walmart Promotes Upcoming Deals as It Prepares ‘Holiday Kickoff’ Event
October 05, 2023  |  Retail

Walmart has shared with the public some of the deals it will offer as it works to get a jump on its competitors by helping shoppers...

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27% of CFOs Say They ‘Definitely’ Need More AR Automation 
27% of CFOs Say They ‘Definitely’ Need More AR Automation 
October 05, 2023  |  Accounts Receivable

Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more...

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