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Apple Overhauls Leadership Ranks To Move Beyond iPhone

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In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Appleā€™s moves come at a time when demand for its iPhones is starting to slow.

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Kidd & Company, T-street Capital Team To Acquire DTC Companies

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To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. The firms unveiled their first purchase, Dr. Emil Nutrition, in a Tuesday (July 7) announcement.

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Target Pilots Buy Now Pay Later With Sezzle

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Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. After a recent $55 million capital raise , Sezzle plans to focus more on that area of business.

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Sezzle Names Former PayPal Exec To Lead Sales

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Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In the newly created role, he will be responsible for leading the company’s large-scale retail acquisition efforts.

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Starbucks New Investor: Pershing Square Capital Management

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Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 The Wall Street Journal noted Ackman said he thinks same-store sales have been positive on a consistent basis and that the market in the U.S., percent stake in Starbucks.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

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Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. into the future as we continue to leverage our global capabilities and deepen our presence in the market.”

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ADVANCE.AI Consortium Seeks Singaporean Digital Banking License

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Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. Their holders can take deposits from retail customers, but must have $1.5