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Expedia’s Vrbo Growth Slows
Expedia’s Vrbo Growth Slows
May 03, 2019  |  Retail

With slowing growth in the company’s Vrbo short-term rental business, Expedia Group Inc. missed estimates for its first-quarter revenues. The travel company’s sales were $2.61 billion compared...

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Mastercard To Acquire Transactis
Mastercard To Acquire Transactis
May 03, 2019  |  Mastercard

To strengthen its bill payment services, Mastercard said on Friday (May 3) that it has entered into an agreement to acquire Transactis. The move supports efforts to transform...

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Shake Shack Shares Soar On The Wings Of Mobile
Shake Shack Shares Soar On The Wings Of Mobile
May 03, 2019  |  Retail

Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Bloomberg reported that same-store sales...

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NY Lawsuit Against FinTech Banking Licenses Can Proceed
NY Lawsuit Against FinTech Banking Licenses Can Proceed
May 03, 2019  |  Bank Regulation

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on...

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Facebook Seeks $1B To Launch Crypto Payments Rails
Facebook Seeks $1B To Launch Crypto Payments Rails
May 03, 2019  |  Facebook

Facebook has been meeting with financial firms and online merchants as it makes plans to launch its own cryptocurrency-based payments system. The social media giant has...

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Microsoft Launches Azure Blockchain Service
Microsoft Launches Azure Blockchain Service
May 03, 2019  |  Blockchain

Microsoft has announced the launch of Azure Blockchain Service, which simplifies the formation, management and governance of consortium blockchain networks. The news comes after the tech giant...

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Bitcoin Daily: Chinese Blockchain Co. Invests In Cannabis; Canada, Singapore See Positive Results In Cross-Border DLT Tests
Bitcoin Daily: Chinese Blockchain Co. Invests In Cannabis; Canada, Singapore See Positive Results In Cross-Border...
May 03, 2019  |  Bitcoin

The Bank of Canada and the Monetary Authority of Singapore (MAS) announced that they have conducted their first successful experiment between the two banks on...

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CannTrust Pot Stock Slides For Sixth Straight Day
CannTrust Pot Stock Slides For Sixth Straight Day
May 03, 2019  |  Investments

The first-ever U.S. bank-led cannabis equity offering isn’t doing well. In fact, shares of CannTrust Holdings fell as much as 14 percent in New York...

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Gas Station Software Vulnerable To Hacking
Gas Station Software Vulnerable To Hacking
May 03, 2019  |  Security & Fraud

Homeland Security’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. The Cybersecurity...

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