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Microsoft Invests In Grab; The Two Form Strategic Alliance
Microsoft Invests In Grab; The Two Form Strategic Alliance
October 09, 2018  |  Ridesharing

Microsoft and Grab, the on-demand transportation, mobile payments, and online-to-offline services platform in Southeast Asia, announced Monday (October 9) a strategic partnership in which Grab...

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Siemens Invests In VR Startup Backed By Volkswagon, Audi
Siemens Invests In VR Startup Backed By Volkswagon, Audi
October 09, 2018  |  Investments

German company Varjo Technologies has announced a $31 million Series B investment, led by Atomico and Seimens-backed Next47, that will help it launch the world’s first...

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Garmin Shipping Navigation Unit Suffers Breach
Garmin Shipping Navigation Unit Suffers Breach
October 09, 2018  |  Security & Fraud

Navionics, an Italian company that manufactures electronic navigational charts for boating, was the victim of customer data breach that exposed hundreds of thousands of customer...

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Amazon India Claims Fairness In Seller Relationships
Amazon India Claims Fairness In Seller Relationships
October 09, 2018  |  Amazon

Amazon India has denied favoring select Amazon merchants and brands after a complaint was issued against the eCommerce company by an Indian lobby group. Get...

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Spotify, Apple Music, Pandora Boost Smart Speaker Growth
Spotify, Apple Music, Pandora Boost Smart Speaker Growth
October 09, 2018  |  Subscriptions

A new study has found that the smart speaker and music streaming markets are becoming more interdependent. According to CNBC, market research firm AudienceNet conducted...

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Tencent Invests $180M In Brazilian FinTech Nubank
Tencent Invests $180M In Brazilian FinTech Nubank
October 09, 2018  |  Partnerships / Acquisitions

China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the...

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EU Probes Regulator Oversight On Danske Money Laundering Scandal
EU Probes Regulator Oversight On Danske Money Laundering Scandal
October 09, 2018  |  Regulation

The European Union’s (EU’s) banking supervisor wants to know more about how Denmark’s financial watchdog supervised Danske Bank, which is being investigated by the U.S....

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Goldman Tightens Marcus Lending Reins
Goldman Tightens Marcus Lending Reins
October 08, 2018  |  Loans

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....

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Advertisers Abandon Google For Amazon
Advertisers Abandon Google For Amazon
October 08, 2018  |  Business

Amazon is getting a leg up over Google when it comes to advertising, with CNBC reporting that some advertisers are moving more than half of...

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