Report: PayPal, Crypto Firm BitGo Acquisition Talks Fall Through
Report: PayPal, Crypto Firm BitGo Acquisition Talks Fall Through
December 27, 2020  |  Partnerships / Acquisitions

PayPal has dropped its bid to acquire bitcoin wallet purveyor BitGo but remains interested in investing in the cryptocurrency space, Fortune reported. PayPal’s pursuit of...

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China’s Market Regulator Investigates Merchant Claims Against Alibaba In Antimonopoly Probe
China’s Market Regulator Investigates Merchant Claims Against Alibaba In Antimonopoly Probe
December 27, 2020  |  ANTITRUST

The Chinese government’s previously announced antitrust investigation of Alibaba Group Holding Ltd. is focusing on whether the internet giant refused access to its online marketplace...

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UK Brexit Deal Lacks Needed Clarity On Financial-Services Access
UK Brexit Deal Lacks Needed Clarity On Financial-Services Access
December 27, 2020  |  International

A Brexit deal has been reached between the U.K. and European Union (EU), which will help to define the future relations of the two entities,...

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China’s Digital Yuan Trial Sees Spending For Retail, Ridesharing And More
China’s Digital Yuan Trial Sees Spending For Retail, Ridesharing And More
December 27, 2020  |  Cryptocurrency

The second trial of digital yuan by the People’s Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery...

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Hackers Tapped Microsoft Resellers To Gain Access, Report Says
Hackers Tapped Microsoft Resellers To Gain Access, Report Says
December 27, 2020  |  Security & Fraud

The suspected Russian hackers who penetrated important U.S. government networks by hijacking the system information technology vendor SolarWinds Corp. used to update customers’ software also...

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Computer Shortages To Linger As Demand Outstrips Supplies
Computer Shortages To Linger As Demand Outstrips Supplies
December 27, 2020  |  Retail

Sales of PCs, defined as computers with keyboards, stormed back in 2020, Reuters reported. Credit the sudden need for remote-work and -study options as COVID-19...

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US Retail Sales Up 2.4 Pct From November To Dec. 24
US Retail Sales Up 2.4 Pct From November To Dec. 24
December 27, 2020  |  Retail

Holiday sales rose this year compared to last but failed to meet many analysts’ expectations and were especially disappointing for brick-and-mortar operators, according to a...

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Direct Listings And SPACs Change The Face of Public Offerings
Direct Listings And SPACs Change The Face of Public Offerings
December 27, 2020  |  IPO

There’s nothing new under the sun, goes the saying. There are just new ways to take it public. As 2020 sunsets, we’ve seen all manner...

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Many (Un)Happy Returns: Navigating ‘Returnmageddon’
Many (Un)Happy Returns: Navigating ‘Returnmageddon’
December 26, 2020  |  Retail

The big show is over for another year. For the tens of millions of Americans who celebrated Christmas this year the party is over —...

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