Carvana Co., a leading eCommerce platform for buying used cars, saw its shares fall 16 percent on the first day of its initial public offering (IPO). According to Barron’s, the stock was down $2.33, or almost 16 percent, at $12.67, below its IPO price of $15....
Chinese internet giant Tencent, which just last month passed Wells Fargo to become the world’s tenth most valuable public company, recently announced a play that looks to boost the company’s AI prowess. Get the Full Story Complete the form to unlock this article and enjoy...
Dollar General got approval from the Federal Trade Commission to purchase more than 300 Dollar Express stores across 36 states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Even as Netflix and other media companies invest internally in the latest cybersecurity, services at outside entities remain at risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Could fake news and horrific videos in the Facebook news feed create Facebook’s MySpace moment? It’s the question that Karen Webster ponders this week, saying it’s not as far-fetched as it may sound. It’s also a case study that Facebook CEO Mark Zuckerberg knows all...
From bits of paper receipts to bytes across POS, payments have scaled technological heights globally. At an Innovation Project 2017 fireside chat, Mastercard president of Global Products and Solutions Gary Flood told PYMNTS’ Karen Webster that the only constant across networks is change.
SaaS company Visma is teaming up with Platform-as-a-Service company Youredi to enhance SMEs’ supply chain management capabilities. 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...
OpenGov, the Redwood City, Calif. company that makes software used by local governments to keep financial records that are transparent, has been gaining traction and credits some of that to the election of President Donald Trump. Get the Full Story Complete the form to unlock...
It’s been more than a year since Bangladesh’s central bank was attacked by cybercriminals that took away $81 million by infiltrating the bank’s connection to the SWIFT network. Since then, there have been revelations about similar attacks at FIs across the globe, and the blame...
