Mobile Archives - CFO

Apple Settles App Makers’ Suit for $100 Million

Apple Settles App Makers’ Suit for $100 Million

The settlement of the antitrust class action also includes changes to App Store rules that prevented developers from billing customers directly.

By Matthew Heller | August 30, 2021

Heading for the SPAC Finish Line

Heading for the SPAC Finish Line

KORE Wireless readies for the close of its merger with Cerberus Telecom Acquisition Corp.

By Vincent Ryan | August 11, 2021

Apple, Google Take Flak Over App Platforms

Apple, Google Take Flak Over App Platforms

A witness at a Senate hearing compared the companies' control over their platforms to the "behavior of the robber barons."

By Matthew Heller | April 22, 2021

Protecting Against Cyberattacks in a Remote Worker World

Protecting Against Cyberattacks in a Remote Worker World

Companies should invest in training to help employees ward off social engineering attacks, which use social media, personal profiles, and websites.

By Vincent Ryan | February 22, 2021

Bumble Courts Wall St. With Increased IPO

Bumble Courts Wall St. With Increased IPO

"We believe there is a significant opportunity to extend our platform beyond online dating into healthy relationships across all areas of life."

By Matthew Heller | February 10, 2021

Electronic Arts Goes Mobile With $2.4B Glu Buy

Electronic Arts Goes Mobile With $2.4B Glu Buy

With the addition of Glu Mobile games such as “Kim Kardashian: Hollywood,” EA will double the size of its mobile business.

By Matthew Heller | February 9, 2021

Taboola Going Public in SPAC Deal

Taboola Going Public in SPAC Deal

The digital ad company has partnerships with over 9,000 digital properties, including CNBC, NBC News, and Business Insider.

By Lauren Muskett | January 25, 2021

FTC Says Fintech Startup Beam Misled Consumers

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.

By Matthew Heller | November 19, 2020

PayPal Posts Record Sales on E-Commerce Boom

PayPal Posts Record Sales on E-Commerce Boom

“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”

By Matthew Heller | November 3, 2020

Nio Trades Down After Upsized Equity Offering Prices at Discount

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.

By Lauren Muskett | August 31, 2020

Take-Two Acquires Playdots for $192M

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.

By Lauren Muskett | August 18, 2020

Trump Signs Executive Orders to Ban TikTok, WeChat

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.

By Lauren Muskett | August 7, 2020

Facebook Preparing To Launch TikTok Rival In U.S., 50 Other Markets

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.

By Vincent Ryan | July 17, 2020

EU Launches Probes of App Store, Apple Pay

EU Launches Probes of App Store, Apple Pay

The European Commission will look into the two Apple services to determine whether they stifle competition.

By Matthew Heller | June 16, 2020

Instacart Worth $14B After Latest Financing Round

Instacart Worth $14B After Latest Financing Round

The COVID-19 pandemic created a "massive shift" in the grocery industry space, Instacart says.

By Vincent Ryan | June 12, 2020