There’s an old joke, told in many forms where one person asks for directions to a famous place, followed by the wrong type of direction. “How do you get to Radio City Music Hall?” “Practice.” “How do you get to Harvard?” “Study.” And while we...
Circle is a consumer financial services company founded by internet pioneer Jeremy Allaire to “transform the world economy with secure, simple, and less costly technology for storing and using money.” Allaire’s and Circle’s vision harkens back to the 1990s when the internet was a brand...
To read more of our earnings coverage, check out our earnings wrap up. Thursday (Jan. 29) was a big day for earnings in more ways than one: a surge in holiday sales and Prime memberships helped Amazon post a profit — potentially giving analysts and...
Facebook CEO Mark Zuckerberg’s plans for his social network are clear: “We’re making progress towards connecting the world,” he wrote in prepared remarks in the company’s fourth-quarters earnings release. But what still isn’t clear for the second quarter in a row is how Zuckerberg is...
After many months of sitting on “pins and needles,” waiting for the Fed to disclose more specifics on its plans to deliver “faster payments” here in the U.S., the world got the results. And, a result that MPD CEO Karen Webster described as somewhat “anticlimatic.” The...
It’s the T if you’re in Boston, the L in Chicago, the Subway in NYC, the Muni in San Francisco, Metro in Los Angeles and the Tube in London. Just like each city has its own local flavor for its public transportation, each has its...
It seems there’s no limit to Jack Ma’s e-commerce empire vision and that includes the people who’ve made him the richest man in Asia. His next plan? Serving 2 billion consumers. At least that what he said at the World Economic Forum in Davos, Switzerland, last week. Ma’s...
There’s no denying that Apple Pay has shown a lot of strength right out of the gate. Part of that strength comes from its ability to get issuing banks engaged and enabling the provisioning of accounts in a simple way. At the time of launch...
As eBay moves beyond what CEO John Donahoe called “a very difficult year” for the company, the e-commerce giant might be preparing to split off from more than just PayPal. Soon eBay’s latest footprint in the marketplace could become threefold instead of just two as...
