Regulators Investigate Fitness Bands Amid Patent Violation Claims
Regulators Investigate Fitness Bands Amid Patent Violation Claims
January 10, 2020  |  Wearables

After allegations of patent infringement by Koninklijke Philips and its North American unit, regulators with the United States International Trade Commission (USITC) said they will...

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Amazon Warns That PayPal’s Honey Poses ‘Security Issue’
Amazon Warns That PayPal’s Honey Poses ‘Security Issue’
January 10, 2020  |  Amazon

Amazon, during the height of the holiday shopping season, told its customers to uninstall Honey, a browser extension that automatically searches for coupon codes at...

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Tesla Invites Hackers To Compete For $1M In Cash And Prizes
Tesla Invites Hackers To Compete For $1M In Cash And Prizes
January 10, 2020  |  Safety and Security

To challenge hackers to find flaws in its vehicles, Tesla, the electric automaker, is returning to the Pwn2Own hacking competition run by Trend Micro’s Zero...

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China’s Central Bank Moves Closer To Digital Coin Launch
China’s Central Bank Moves Closer To Digital Coin Launch
January 10, 2020  |  Cryptocurrency

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. The...

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Aflac Acquisition Targets Mid-Market Financing
Aflac Acquisition Targets Mid-Market Financing
January 10, 2020  |  B2B Payments

Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations...

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Big Brands Are Cutting Ties With Amazon
Big Brands Are Cutting Ties With Amazon
January 10, 2020  |  Amazon

IKEA has announced it is cutting ties with Amazon, a move that other brands like Nike, Birkenstock and PopSockets have also done recently. However, according...

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Takeaway Wins Bid For UK’s Just Eat With $8B Share Offer
Takeaway Wins Bid For UK’s Just Eat With $8B Share Offer
January 10, 2020  |  Partnerships / Acquisitions

Online food ordering firm Takeaway.com has won the battle for the U.K.’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will...

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News
PayPal Deal, Connected Economy And Cyberwar Top Week’s News
January 10, 2020  |  News

The first full work week of the new decade brought a gusher of payments and commerce news, and this latest edition of the PYMNTS Weekender...

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SoftBank To Invest In Indonesia’s Sustainable City
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020  |  Investments

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on...

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