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ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
February 02, 2021  |  ANTITRUST

ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on...

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Divvy Homes Raises $100 Million To Expand Into 20 Markets
Divvy Homes Raises $100 Million To Expand Into 20 Markets
February 02, 2021  |  Investments

Divvy Homes said it has raised $110 million in a Series C funding round so it can expand its home-buying service into additional markets. The...

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Uber Buys Drizly As Food Delivery Competition Heats Up 
Uber Buys Drizly As Food Delivery Competition Heats Up 
February 02, 2021  |  Delivery

Uber has announced the latest upgrade to its food delivery platform, Uber Eats. The firm announced on Tuesday (Feb. 2) that it will acquire alcohol...

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Today In B2B: Virgin Money Links With Codat; TAP Financial Forms Trade Finance Unit
Today In B2B: Virgin Money Links With Codat; TAP Financial Forms Trade Finance Unit
February 02, 2021  |  B2B Payments

Today in B2B payments, Virgin Money taps Codat to boost business banking offerings, while TAP Financial launches a supply chain finance unit. Plus, Enigma collaborates...

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Germany Plans To Strengthen BaFin’s Leadership Team
Germany Plans To Strengthen BaFin’s Leadership Team
February 02, 2021  |  Regulation

Germany is looking to beef up the leadership of its Federal Financial Supervisory Authority (BaFin) and plans to hire top experts to oversee regulations, Bloomberg...

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Amazon Investors Await Record Revenues With Q4 Release
Amazon Investors Await Record Revenues With Q4 Release
February 02, 2021  |  Earnings

To say that COVID-19 worked out well for the world’s largest online retailer and its founder would be an understatement of Amazonian proportions. While the...

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Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
February 02, 2021  |  Retail

In today’s top retail news, CarLotz unveiled the opening of centers near Orlando, Florida and Seattle Washington, while a National Retail Federation economist said a...

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Pandemic Surge In Cyberattacks Pounds Hospitals
Pandemic Surge In Cyberattacks Pounds Hospitals
February 02, 2021  |  Security & Fraud

The COVID-19 pandemic and the development of vaccines to combat the coronavirus have triggered an increase in cyberattacks on hospitals and healthcare agencies — and...

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UK Antitrust Agency Orders Viagogo To Divest Chunk Of StubHub Operations
UK Antitrust Agency Orders Viagogo To Divest Chunk Of StubHub Operations
February 02, 2021  |  ANTITRUST

Citing competition concerns, the U.K.’s antitrust watchdog is ordering Viagogo to sell StubHub’s international business. After taking a closer look into the $4 billion merger...

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