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FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company
FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company
September 19, 2023  |  Legal

A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. The suit, filed Monday (Sept. 18) by the bankrupt crypto exchange FTX, says...

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IKEA and Afterpay Bring BNPL to Furniture Buying
IKEA and Afterpay Bring BNPL to Furniture Buying
September 19, 2023  |  Retail

IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay. The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay...

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Report: Amazon Picks Ex-Microsoft Product Chief to Run Devices
Report: Amazon Picks Ex-Microsoft Product Chief to Run Devices
September 19, 2023  |  Personnel

Amazon is reportedly set to hire Microsoft’s product chief to oversee its devices business. Panos Panay, who announced he was leaving Microsoft Monday (Sept. 18),...

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Stitch Fix CEO Says Personalization Will Make It Stand Out in Retail
Stitch Fix CEO Says Personalization Will Make It Stand Out in Retail
September 18, 2023  |  Retail

Stitch Fix is leaning into personalized styling services as it aims to revolutionize the way customers shop. By combining advanced technology with human stylists, the online...

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Walmart vs. Amazon: The Battle of Big Deal Days
Walmart vs. Amazon: The Battle of Big Deal Days
September 18, 2023  |  Retail

On the same day Amazon announced its Prime Big Deal Days event in October, Walmart announced Monday (Sept. 18) its own shopping event, Walmart Deals...

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Revolut Extends RevTags Cross-Border Payment Solution to Businesses
Revolut Extends RevTags Cross-Border Payment Solution to Businesses
September 18, 2023  |  Cross-border Payments

Revolut Business has launched a solution for businesses that aims to address the difficulties surrounding cross-border payments. The feature, RevTags, is a free and instant global...

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Report: Spanish Travel Tech Company Hotelbeds Considers IPO
Report: Spanish Travel Tech Company Hotelbeds Considers IPO
September 18, 2023  |  IPO

Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth...

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Instacart Sets IPO Price at High End of Expectations
Instacart Sets IPO Price at High End of Expectations
September 18, 2023  |  IPO

Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At...

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NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
September 18, 2023  |  Cryptocurrency

The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. This guidance builds...

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