China Telecom – the nation’s largest telecom operator – has officially teamed up with Alibaba to roll out low cost ($48) smartphones to citizens in rural China. The deal with China Telecom – and access to its 186 million subscribers – is part of a...
As PYMNTS noted last week, there’s no shortage of quantitative data on the Internet. It’s barely an exaggeration to state that whatever statistic one needs – no matter how obscure – someone has gathered it and posted it on the Web somewhere. The problem isn’t finding...
While Americans looking for sartorial advice might not think to themselves that a bunch of computer programmers in Northern California would be their go-to source for advice on what is fashion’s cutting edge, it seems Google is not content to just answer all of America’s...
The Great Recession hasn’t really made consumers spending-averse — but they’re spending in significantly different ways. That’s the word from MasterCard Advisors’ senior VP Sarah Quinlan, whose analytics team sifted through billions of retail purchases to figure out why retailers aren’t seeing better results, The...
Some of the banks and credit unions whose customers’ MasterCard payment cards were compromised in Target’s huge 2013 data breach are trying to stop a proposed $19 million settlement between the retailer and the card brand, Reuters reported. Get the Full Story Complete the form...
Customer-tracking vendor Nomi Technologies failed to give in-store customers an adequate chance to opt out of being tracked through their smartphones, according to a settlement announced on Thursday (April 23) with the U.S. Federal Trade Commission. Get the Full Story Complete the form to unlock...
Jet.com, the second eCommerce brainchild from Diapers.com founder Marc Lore, goes into the market valued at $600 million – and that is before the company has sold a single item, according to The Wall Street Journal. However, CEO Lore has a long history of winning at...
As heavy as the head that wears the crown can be, on the upside, at least you get a crown. Being the No. 2 guy to the guy that wears the crown is not so much heavy as it is a headache – particularly if the...
It’s like Black Friday, but in spring. (And it’s online, and it lasts for a week.) Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
