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Regulation
FTC Says Fintech Startup Beam Misled Consumers
Beam allegedly made false promises to users of its app that it would provide them with 24/7 access to their funds and substantial interest rates.
Matthew Heller
November 19, 2020
Mobile
PayPal Posts Record Sales on E-Commerce Boom
“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”
Mobile
Nio Trades Down After Upsized Equity Offering Prices at Discount
With the offering, the Chinese electric vehicle company expects its cash reserves to exceed $2.9 billion.
Mobile
Take-Two Acquires Playdots for $192M
Playdots has made three popular games—Dots, Two Dots, and Dots & Co.—that have been downloaded more than 100 million times.
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Mobile
Facebook Preparing To Launch TikTok Rival In U.S., 50 Other Markets
Instagram Reels launched in parts of Europe in June and is set to hit the U.S., Japan, the U.K., and Mexico next month.
Mobile
EU Launches Probes of App Store, Apple Pay
The European Commission will look into the two Apple services to determine whether they stifle competition.
Mobile
Instacart Worth $14B After Latest Financing Round
The COVID-19 pandemic created a "massive shift" in the grocery industry space, Instacart says.
Mobile
Trump Signs Executive Orders to Ban TikTok, WeChat
The bans are set to take effect in 45 days unless the parent firms agree to sell the apps.
Mobile
Smartphone Market Seen Falling 11.9% in 2020
"What started as a supply-side crisis has evolved into a global demand-side problem."
Mobile
How Cannabis Cultivator Grassroots Upped Its Digital Game When States Shut Down
Grassroots had to pivot almost overnight when shelter-in-place mandates were ordered.
Mobile
Apple iPhone Sales Spike in China
“Apple is better positioned than most to experience a rapid recovery in a post-COVID world. We see demand as pushed out, not canceled.”
Mobile
Five Best Practices for Today’s Stay-at-Home Workforce
Many firms, for a variety of reasons, have been slower to embrace advances in technology to support a nonoffice dwelling staff — until now.
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Latest Articles
M&A
MassMutual to Buy American Financial Annuity Unit
January 28, 2021
Financial Performance
AT&T Takes $15B Writedown on Ailing DirecTV
January 27, 2021
The Economy
IMF More Optimistic on Global Growth
January 27, 2021
The Economy
Will Restaurants Recover in 2021?
January 27, 2021
Financial Performance
Starbucks' U.S. Sales Fall Amid COVID-19 Surge
January 27, 2021