58 Home Online Services Firm Nears $2B In Pre-IPO Round
58 Home Online Services Firm Nears $2B In Pre-IPO Round
January 10, 2020  |  Investments

With a potential U.S. initial public offering (IPO) on the horizon that could value the company at as high as $2 billion, 58 Home is...

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The Troubling Ripple Effects Of The Travelex FX Hack
The Troubling Ripple Effects Of The Travelex FX Hack
January 10, 2020  |  Security & Fraud

It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters...

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Walmart-Amazon Whole Paycheck Tracker: Connected Commerce, Grocery Bot And Grubhub Rumors
Walmart-Amazon Whole Paycheck Tracker: Connected Commerce, Grocery Bot And Grubhub Rumors
January 10, 2020  |  Walmart Amazon whole paycheck

It was a big week for peeks at what’s to come in the race for the consumer’s whole paycheck as both Walmart and Amazon had...

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SoftBank’s Vision Fund Startups See Spate Of Layoffs
SoftBank’s Vision Fund Startups See Spate Of Layoffs
January 10, 2020  |  Investments

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind...

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Mattress Maker Casper Files IPO After $92M Loss In 2018
Mattress Maker Casper Files IPO After $92M Loss In 2018
January 10, 2020  |  IPO

Privately held Casper Sleep filed regulatory paperwork on Friday (Jan. 10) to take the company public on the New York Stock Exchange. According to its...

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Verizon Embraces Cord-Cutting As Streaming Landscape Changes
Verizon Embraces Cord-Cutting As Streaming Landscape Changes
January 10, 2020  |  Internet of Things

This is a big year for streaming TV services, and for the consumers who rely on them – or plan to rely on them – for...

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Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
January 10, 2020  |  News

In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and Netherlands payments firm...

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Alibaba-Backed Chinese Social Media Startup Seeks $6B Valuation
Alibaba-Backed Chinese Social Media Startup Seeks $6B Valuation
January 10, 2020  |  Startups

Chinese eCommerce and social media startup Xiaohongshu, also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg....

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Apple Sued For Allegedly Infringing On Medical Tech Patents
Apple Sued For Allegedly Infringing On Medical Tech Patents
January 10, 2020  |  Legal

Medical technology company Masimo is suing Apple, saying that the company stole trade secrets related to its health monitoring technology and also stole away key...

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