Oracle Says It Backs Groups Taking On Big Tech Rivals
Oracle Says It Backs Groups Taking On Big Tech Rivals
February 26, 2020  |  Legal

Oracle is among the donors of the Internet Accountability Project (IAP), which aims to fight against the dominance of Big Tech. California-based Oracle donated between $25,000...

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MoneyGram Online Transactions Grow 39 Percent YOY
MoneyGram Online Transactions Grow 39 Percent YOY
February 25, 2020  |  Earnings

MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Fourth-quarter revenues at $323.7 million were off by 6.4...

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Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
Walmart Now Handles Fulfillment, Delivery For Third-Party Sellers
February 25, 2020  |  Retail

A new Walmart service will let third-party vendors hire the retailer to shelve, pack and ship items to customers in a move that could help...

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Uber Ousts Uber Eats Head As It Looks To Stem Losses
Uber Ousts Uber Eats Head As It Looks To Stem Losses
February 25, 2020  |  Personnel

As Uber aims to stem losses from its Eats business in places where there is no indication that it will turn into a number one...

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Tesco To Refocus Business After $357M China Sale
Tesco To Refocus Business After $357M China Sale
February 25, 2020  |  International

With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China....

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Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
February 25, 2020  |  Retail

After Shake Shack Inc. registered less-than-expected comparable sales and set disappointing targets for this year, the quick-service restaurant’s stock dropped on Tuesday (Feb. 25) as...

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Streaming Makes Up 80 Pct Of Music Industry Sales
Streaming Makes Up 80 Pct Of Music Industry Sales
February 25, 2020  |  Retail

Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music industry. Music sales...

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Canada Prepares For Future Digital Currency
Canada Prepares For Future Digital Currency
February 25, 2020  |  Cryptocurrency

The Central Bank of Canada said that while it will not be issuing a digital currency anytime soon, it will still develop a blueprint in...

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US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading
US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading
February 25, 2020  |  Cryptocurrency

The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. wants to change a rule for a survey that compels financial service companies to...

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