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Bitcoin Daily: FBI Searches For BitConnect Victims; Commerzbank Completes Blockchain Test
Bitcoin Daily: FBI Searches For BitConnect Victims; Commerzbank Completes Blockchain Test
February 24, 2019  |  Bitcoin

Japanese internet giant Recruit Holdings launched a $25 million blockchain fund, which closed in November and only became public after the company revealed an investment in...

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Wayfair Beats Q4 Estimates With Logistics And Supply Control
Wayfair Beats Q4 Estimates With Logistics And Supply Control
February 22, 2019  |  Earnings

Wayfair, the online home furnishings firm, had a better than expected Q4, the company announced on Friday (Feb. 22). In its earnings announcement, the company...

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Visa, Mastercard, Banks Settle Card Fee Lawsuit
Visa, Mastercard, Banks Settle Card Fee Lawsuit
February 22, 2019  |  Banking

In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed...

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MUFG Bank Enters Consent Order With OCC Over AML Compliance
MUFG Bank Enters Consent Order With OCC Over AML Compliance
February 22, 2019  |  Security & Fraud

MUFG Bank, a Japan-based institution, announced on Friday (Feb. 22) that it was entering into a consent order with the U.S. Office of the Comptroller...

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Senators Call For FTC Action On FB ‘Friendly Fraud’ Complaint
Senators Call For FTC Action On FB ‘Friendly Fraud’ Complaint
February 22, 2019  |  Facebook

U.S. Senators Edward Markey and Richard Blumenthal have asked the Federal Trade Commission to act on a complaint that Facebook knowingly encouraged children to spend...

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Indian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
Indian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
February 22, 2019  |  Security & Fraud

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and...

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Amazon China May Be Eyeing NetEase Merger
Amazon China May Be Eyeing NetEase Merger
February 22, 2019  |  Amazon

Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report by CNBC. Amazon...

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Betting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
Betting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
February 22, 2019  |  Partnerships / Acquisitions

Stamps.com announced that it was ending an exclusive partnership with the United States Postal Service, according to reports. The company’s shares fell 56 percent —...

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California To Strengthen Data Breach Laws, Close Loopholes
California To Strengthen Data Breach Laws, Close Loopholes
February 22, 2019  |  Security & Fraud

Lawmakers in California have proposed a new bill that would close some loopholes in data breach notification laws, according to reports. Get the Full Story...

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