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PayPal Picks Intuit’s Alex Chriss as New CEO
PayPal Picks Intuit’s Alex Chriss as New CEO
August 14, 2023  |  Personnel

PayPal has named longtime Intuit executive Alex Chriss to serve as its new president and CEO. The payments company announced Chriss’ appointment in a Monday (Aug. 14) press release, following...

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Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus
Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus
August 14, 2023  |  Acquisitions

Basware subsidiary Genesis Bidco Limited has announced its intention to purchase the entire share capital of Glantus Holdings PLC, a provider of specialist audit recovery and fraud...

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Zuckerberg/Musk Cage Match Appears to Be on Hold
Zuckerberg/Musk Cage Match Appears to Be on Hold
August 14, 2023  |  Big Tech

Don’t expect Mark Zuckerberg and Elon Musk to hold their cage match anytime soon. The unlikely mixed-martial arts match between two of the world’s most...

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Mastercard Investment Values MTN’s FinTech Group at $5.2 Billion
Mastercard Investment Values MTN’s FinTech Group at $5.2 Billion
August 14, 2023  |  Investments

South African telecom MTN now counts Mastercard among its investors. The company announced Monday (Aug. 14) that the payments giant had agreed to a minority investment in its FinTech group, valuing...

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Amazon Debuts AI-Powered Review Highlights
Amazon Debuts AI-Powered Review Highlights
August 14, 2023  |  Amazon

Amazon says it wants to give customers the power to review its reviews. To that end, the retail giant announced Monday (Aug. 14) the launch of an artificial...

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Fears of ‘Humanlike’ AI Are Overblown, Futurist Says
Fears of ‘Humanlike’ AI Are Overblown, Futurist Says
August 13, 2023  |  artificial intelligence

Some people worry about the rise of AI. Theoretical physicist Michio Kaku is not among them. In an interview with CNN Sunday (Aug. 13), Kaku said artificial intelligence (AI)...

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Report: ByteDance Seems to Be Mixing TikTok With Lemon8
Report: ByteDance Seems to Be Mixing TikTok With Lemon8
August 13, 2023  |  Social Commerce

TikTok is apparently attempting to integrate with Lemon8, its sister social media platform. That’s according to a report Friday (Aug. 11) by TechCrunch, citing information by product intelligence...

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Mortgage Lender Better.com Plans SPAC Listing
Mortgage Lender Better.com Plans SPAC Listing
August 13, 2023  |  SPAC

Digital mortgage lender Better.com is set to go public later this month. The company said in a securities filing Friday (Aug. 11) that it will combine with Aurora...

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Amazon’s Palm Payment System Aims to Challenge Apple and Google
Amazon’s Palm Payment System Aims to Challenge Apple and Google
August 13, 2023  |  Payment Methods

Is Amazon’s palm payments method a serious challenger to Apple and Google? Or is it a “solution in search of a problem?” A report Friday (Aug. 11) by The Wall Street...

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