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‘Buy Now Pay Later’ Is Having a Moment as Pandemic Changes Shopping Habits
on July 11, 2020 at 9:30 am
Since the Australian market bottomed on March 23, installment-payment company Afterpay’s stock has risen more than ninefold, while 1.6 million new U.S. users started spending […]
The Tech Engine at the Heart of Hollywood’s Content Factories
on July 11, 2020 at 4:01 am
Coronavirus and the era of stay-at-home binge-watching is accelerating the entertainment industry’s reliance on analytics and data to target its productions to the increasingly […]
Amazon Reverses Order to Delete TikTok App
on July 11, 2020 at 12:48 am
The company reversed a demand that employees remove the app from company mobile devices, a shocking turnabout from a dictate that just hours before had stoked concern about the […]
Spotify, Tinder, Other Apps Suffer Outages Due to Facebook Glitch
on July 10, 2020 at 8:12 pm
A number of popular apps such as Spotify and Tinder experienced outages because of a bug in Facebook’s software for iPhone users.
How Is Rent the Runway Still In Business? The CEO Moved Quickly, Cut Deep.
on July 10, 2020 at 8:03 pm
The pandemic presented an existential threat to Jenn Hyman, who decided to furlough or lay off half her workforce. A thorough restructuring made Rent the Runway stronger.
Rivian Raises $2.5 Billion as Investors Chase Electric-Car Buzz
on July 10, 2020 at 2:33 pm
Rivian Automotive, the electric pickup-truck startup backed by Ford Motor, Amazon and other investors, has secured another $2.5 billion in private funding, providing it with cash […]
Elon Musk Gloats as Rally Drives Tesla Shares to New Heights
on July 10, 2020 at 11:11 am
The auto maker’s strong performance during the pandemic has sent its stock soaring, dealing a blow to investors betting against the Silicon Valley auto maker. And Tesla’s […]
What’s Been Good for PCs Has Been Great for Google
on July 10, 2020 at 10:33 am
The personal-computer industry finally got its work-from-home boost. And a good bit of help from the kids.
‘Stablecoins’ Vulnerable to Criminal Abuse, Watchdog Says
on July 9, 2020 at 11:31 pm
A type of digital currency that aims to maintain a stable value relative to that of an underlying asset or benchmark has the potential for mass adoption, but that potential also […]
Germany Probes Possible Money Laundering by Wirecard Executives
on July 9, 2020 at 4:39 pm
German prosecutors are looking into possible money laundering by executives at Wirecard, adding to probes related to potential fraud and fake accounting at the insolvent payments […]