Simon Dawson | Bloomberg | Getty Images Antony Jenkins, former chief executive officer of Barclays “We’re really at the end of the beginning of what we see as a revolution driven by technology with financial services and fintech is really a too narrow categorization of what’s going on here,” Jenkins …
Read More »Apple’s AR is closer to reality than Google’s
David Paul Morris | Bloomberg | Getty Images An attendee demonstrates the ARKit, augmented reality tool, on an Apple Inc. iPad Pro during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 5, 2017. Apple has often been accused of acting like it invented things …
Read More »Mobile payments app Yoyo raises $15 million in investment, backed by German retail giant Metro Group
Pau Barrena | Bloomberg | Getty Images A worker demonstrates a mobile payment system at the Visa stand at the Mobile World Congress in Barcelona, Spain last February. Yoyo Wallet, Europe’s fastest growing mobile payments app, raised £12 million ($15.3 million) in a Series B round, it announced on Monday. …
Read More »In a market on edge, stick with the bulls
With the market trying to parse conflicting economic indicators, like strong employment but weak housing, auto, retail and oil sectors, Jim Cramer is looking for resolution. “I don’t even know if there is a market to care about now. There are just incredibly pronounced sectors and remarkably vicious rotations into …
Read More »In spat with Apple, Qualcomm looks to China for new growth
Albert Gea | Reuters People walk past Qualcomm’s stand during the Mobile World Congress in Barcelona, Spain February 24, 2016. Qualcomm is hoping that the entry-level smartphone market in China will help drive growth, according to statements made by Qualcomm president Derek Aberle on Friday. Qualcomm may be seeking new …
Read More »YouTube Cannes Lions interview with YouTube’s Suzanne Daniels
Patrick T. Fallon | Bloomberg | Getty Images Susan Wojcicki, chief executive officer of YouTube Inc., introduces the company’s new television subscription service at the YouTube Space LA venue in Los Angeles, California, U.S., on Tuesday, Feb. 28, 2017. Google made headlines at the start of the Cannes Lions Advertising …
Read More »The Amazon of China invested $400 million into one of the most valuable fashion startups
Billy H.C. Kwok | Bloomberg | Getty Images Billionaire Richard Liu, founder and chief executive officer of JD.com. JD.com, Alibaba’s largest rival in the Chinese e-commerce market, has invested nearly $400 million into Farfetch, a fast-growing online marketplace for luxury fashion boutiques. Alongside the $397 million investment, JD.com founder and …
Read More »Why Uber’s top job is the most desirable in tech right now
Mike Coppola | Getty Images Co-founder of Uber Travis Kalanick attends an Oscar party on February 26, 2017 in Beverly Hills, California. Uber needs a new CEO after its founder CEO, Travis Kalanick, was removed yesterday at the request of a number of Uber’s shareholders. They also need two new …
Read More »Wal-Mart could enter a bidding war with Amazon over Whole Foods, JPMorgan says
Daniel Acker | Bloomberg | Getty Images A customer carrying shopping bags exits a Whole Foods Market Inc. location in Naperville, Illinois, on June 16, 2017. Wal-Mart could step in as a rival bidder for Whole Foods Market, JPMorgan analysts said, as shares of the grocery chain rose above the …
Read More »Bitcoin wallet start-up Blockchain raises $40 million from Google
Paulo Duarte | Bloomberg | Getty Images Peter Smith, chief executive officer of Blockchain Ltd. Smith said that the recent rally in bitcoin has caused high demand for Blockchain’s wallet product, and the funding will help to meet that. “We are really focused on scaling to meet the record demand …
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