Ant Group’s IPO Woes Could Slash Valuation In Half To $140B
Ant Group’s IPO Woes Could Slash Valuation In Half To $140B
November 09, 2020  |  IPO

Ant Group‘s stalled initial public offering (IPO) could cut the company’s valuation in half, with one report putting the firm’s value at just $140 billion....

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Mastercard Announces Newest Participants In FinTech Accelerator Program
Mastercard Announces Newest Participants In FinTech Accelerator Program
November 09, 2020  |  Startups

Mastercard has announced the latest class of FinTech startups for its Start Path accelerator and partnership program. Under the program, Mastercard will work with the...

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Israel’s Cellwize Raises $32M Led By Intel, Qualcomm
Israel’s Cellwize Raises $32M Led By Intel, Qualcomm
November 09, 2020  |  Mobile

The Israeli startup Cellwize has completed a $32 million Series B funding round led by Intel Capital and Qualcomm Ventures, according to a Globes Publisher...

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Boeing Subsidies Dispute Prompts EU To Impose Tariffs On $4B In US Goods
Boeing Subsidies Dispute Prompts EU To Impose Tariffs On $4B In US Goods
November 09, 2020  |  International

The European Union is hitting U.S. companies with tariffs on up to $4 billion worth of goods, according to a CNBC report on Monday (Nov....

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Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups
Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups
November 09, 2020  |  Investments

Red Dot Capital Partners has raised close to $200 million to invest in tech companies seeking to expand into Southeast Asia and Japan, Bloomberg reported Monday (Nov....

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FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
November 09, 2020  |  Banking

An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the...

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Patience Required: Consumers Will Wait For Vaccine To Return To Stores And Dining
Patience Required: Consumers Will Wait For Vaccine To Return To Stores And Dining
November 09, 2020  |  Coronavirus

Consumer confidence got a big lift on Monday (Nov. 9) on news that Pfizer and BioNTech’s ongoing COVID-19 vaccine trial has proven 90 percent effective...

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UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable
UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable
November 09, 2020  |  Brexit

FinTech startups in the U.K. are scrambling to create backup plans to avoid disruption to users as a no-deal Brexit appears increasingly probable, CNBC reported on...

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Long-Term Thinking Meets Digital-First Retail Economy
Long-Term Thinking Meets Digital-First Retail Economy
November 09, 2020  |  Retail

By now, it’s apparent that the pandemic has left an indelible mark on retail. That’s not a judgment, it’s reality. No one wants to say...

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