Google Cloud scored a major victory, signing a multi-year contract with PayPal, while also opening a new cloud region in Salt Lake City.
Intuit Close to Buying Credit Karma
Credit Karma, the popular credit and finance service, is on the verge of being bought…
Luxury Online Retailer Farfetch Focusing on Technology to Improve the Consumer Experience
Luxury online retailer Farfetch, where prices start at around a thousand dollars, had a breakout IPO on Thursday raising $885 million while setting a valuation of $6.2 billion on the company.
Buying Fuel May Result In Stolen Credit Cards, Warns Visa
High fuel prices aren’t the only thing travelers need to worry about at the pump.…
Truecaller Flaw Puts 150 Million Users at Risk
Zak Doffman at Forbes is reporting on a newly discovered vulnerability in the Truecaller app…
PayPal Acquires Price Comparison Tool Honey For $4 Billion
PayPal has announced its acquisition of Honey Science Corporation, a price comparison platform that helps…
Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO
Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad, says VMware CEO Pat Gelsinger. Its purpose is almost all illicit and it’s an environmental crisis. This is a terrible implementation of blockchain. I’m not saying that blockchain is bad. I think it is revolutionizing.
Glint Democratizing Gold With New Gold-Backed Debit Card
What we believe is gold is the ultimate form of money. Central banks hold it. It has been being used as money for thousands of years. It just couldn’t be used in electronic payment until now. We’ve just solved the biggest problem with gold. You can now use gold as money.
Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder
“In general, Libra is a force for good,” says PayPal Co-Founder and Affirm CEO Max Levchin. “It’s a really interesting experiment. I’m glad they’re doing it in a way that isn’t just Facebook because of all the headwind that Facebook has experienced with the regulators.”
How WEX Has Dramatically Diversified Its Payment Solutions
“Over the last several years in the company’s history we’ve diversified the business so that we have less and less exposure to fuel,” says WEX CEO Melissa Smith. “But as fuel prices go up we do have some benefit from that and when fuel prices go down we do have something negative to that.”