Cyber Monday Rings Up $10.8 Billion In Record Sales
Cyber Monday Rings Up $10.8 Billion In Record Sales
December 01, 2020  |  eCommerce

Cyber Monday consumers rang up $10.8 billion in sales for the holiday, smashing records for the biggest online shopping day ever, according to new data...

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It’s Official: Salesforce Plans To Buy Slack For $27.7 Billion
It’s Official: Salesforce Plans To Buy Slack For $27.7 Billion
December 01, 2020  |  Partnerships / Acquisitions

Salesforce has inked a definitive agreement to buy Slack Technologies for an enterprise value of roughly $27.7 billion based on the Monday (Nov. 30) closing price...

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Mnuchin, Powell See Need For More SMB Stimulus Amid Economic Risks
Mnuchin, Powell See Need For More SMB Stimulus Amid Economic Risks
December 01, 2020  |  Economy

Several programs aimed at extending emergency funding to businesses and governments are ending — but we’re not out of the woods yet, according to Capitol...

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Black Friday Data: Amazon Tightens Digital-First Market Share Grip
Black Friday Data: Amazon Tightens Digital-First Market Share Grip
December 01, 2020  |  Retail

Amazon’s grip on the online shopping industry appears to be tightening. A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant...

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EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
EU’s Vestager Looks To Curb Power Of Fast-Growing Tech Platforms
December 01, 2020  |  Regulation

European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies...

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Amazon Sellers Cash In With $4.8 Billion Holiday Sales Worldwide
Amazon Sellers Cash In With $4.8 Billion Holiday Sales Worldwide
December 01, 2020  |  Amazon

Amazon merchants rang up over $4.8 billion in global sales Black Friday through Cyber Monday, a 60 percent increase over 2019 sales for the same...

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Cutting Through The Cross-Border Payments Confusion
Cutting Through The Cross-Border Payments Confusion
December 01, 2020  |  Payments Innovation

The world doesn’t lack for stories about cross-border payments gone wrong. As North Lane Technologies CEO Seth Brennan told Karen Webster in a recent conversation,...

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Kount, Snowflake Team To Offer Customer Data Insights
Kount, Snowflake Team To Offer Customer Data Insights
December 01, 2020  |  Data

Kount, which works in digital fraud protection and identity trust, announced today (Dec. 1) that it is working with data cloud provider Snowflake to provide...

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Airbnb Sees $3.4 Trillion Addressable Travel Market Amid Increased IPO Expectations
Airbnb Sees $3.4 Trillion Addressable Travel Market Amid Increased IPO Expectations
November 30, 2020  |  IPO

Airbnb, which is reportedly seeking a significantly higher valuation than originally expected for its initial public offering (IPO), wrote in a recent filing that the company has...

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