INDUSTRY INSIGHTS YOUR PEERS ARE READING
Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal reported is at a “nearly unprecedented clip.”. tech companies during the first ten months of 2018 have come within 180 days of going public. MORE
and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Chamber of Commerce — lobbyists and lawmakers, Donohue and others think the tax would target big American technology companies unfairly. companies. MORE
Things aren’t so bubbly for chewing gum companies and confectioners. Quartz predicts that things are about to get worse rather than better for confectionery companies. So far, only company employees have gotten to try it, but the idea is that shoppers can walk in, fill their carts and walk out. The company gave chase, and it worked. The company’s acquisition of the barkTHINS brand also gave sales a boost. MORE
The rumor mill has been churning over at Honest Company, according to a few inside sources as reported by Recode this week. After a turbulent year led by an almost-filed IPO, the company began its talks with top executives from consumer package companies. To help determine next steps for Honest Company, these executives were brought in by the board of directors. We’re always looking to do what’s best for the company.”. MORE
IKEA wants to form strategic partnerships with Russian companies to expand its online business in the country. In addition to expanding in Russia, the company is also opening its first brick-and-mortar location in India. MORE
Stuart Hunter, founder and CEO of roll: Bicycle Company explained how taking its bike sales online is helping customers not only overcome their fear of purchase, but also find a completely customized product that can be returned if it’s not the perfect fit. PYMNTS: How did roll: Bicycle Company get started? SH: The idea for roll: Bicycle Company was born in our brick and mortar shops. PYMNTS: How has the company disrupted or changed the bicycle industry? MORE
INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. INV associates undergo a less intensive program than full class members. MORE
Google, in an unusual move, has invested in Japanese AI and machine learning company ABEJA during a follow-on funding round, according to a report. It uses machine learning to assist more than 150 companies with finding insight and developing business analysis from data. MORE
According to Dell Technologies, 78 percent of businesses are threatened by digital startups , which is propelling innovative companies ahead and accelerating the demise of others. Close to half of companies surveyed by Dell, or 45 percent, fear they could become obsolete in the next three to five years because of competition from digital startups. “So If companies can’t keep up, they will fall behind … or worse. Innovation companies Dell digital startups News What's Hot MORE
Alphabet’s Google is gearing up to charge hardware companies as much as $40 per device to use its mobile apps as part of a new licensing system that will replace one the European Union found was anticompetitive. MORE
Venture-backed payments companies are gaining on incumbents. For example, Alipay’s parent company, Ant Financial , has raised upwards of $19B since 2015. Publicly traded players like Square and PayPal are acquiring companies at a fast clip to branch into new distribution channels. Private payments tech companies have raised $30B+ since the start of 2014, with a whopping ~$17B raised in 2018 alone, according to CB Insights data. MORE
Chinese companies are setting their sights on a new market for growth: Southeast Asia and its 620 million people. According to a report by The Wall Street Journal , China’s top internet companies, including Alibaba, Tencent, Didi Chuxing and JD.com, are expanding in Southeast Asia, moving beyond the slowing economy in China. What’s more, industry watchers said in the report they think that investments on the part of Chinese tech companies will accelerate next year. MORE
Chinese authorities are getting more power to inspect the information technology, or IT, of companies and access property information and business data as part of new cybersecurity rules, reported the Wall Street Journal. It doesn’t seem like companies have a choice.”. MORE
In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. It also makes it difficult for the traditional financial services companies to reach these consumers. MORE
Tilray , the first cannabis company to conduct an initial public offering on a U.S. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It exchange, closed up 32 percent. According to Financial Times reporting, Tilray’s shares sold for a listing price of $17, higher than the original indicated range of $14 to $16 a share. The IPO raised $153 million. And at $22.39 MORE
1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm. MORE
Anthony Noto, CEO of the financial company SoFi , said this week that his company is preparing for a landscape with higher interest rates, and that it favors quality over quantity, according to CNBC. “We The company, at the time, said it would be profitable by the end of the year. MORE
Approved, the online mortgage platform company, announced Thursday (Aug. What’s more, Singhal pointed out in the report that 80 percent of Credit Karma members are active prior to getting a mortgage, providing an opportunity for the two companies. 16) in a blog post that it has been acquired Credit Karma. MORE
It seems that the Jessica Alba cofounded company Honest Company may be in talks to sell out to one of the big consumer product firms, like Unilever or Procter & Gamble. Honest Company was most recently valued at $1.7 The companies involved did not immediately respond to a request for comment. Honest Company was founded in 2011, is led by CEO Brian Lee and started out by selling nontoxic, eco-friendly diapers and other baby products. Retail Honest Company MORE
China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. The aim is to have plans made for a supervision plan for financial holding companies by the first half of next year. MORE
I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much. MORE
(The Paypers) Ecommerce software provider Shopify has acquired the Sweden-based startup Tictail for an undisclosed amount MORE
While most of the financial world has been focused on Microsoft surpassing Apple as the world’s most valuable company, Amazon quietly stole the top spot for a brief moment on Monday (December 3), according to the Financial Times. MORE
Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. CNET noted that Facebook declined to comment on the reports that it is looking to acquire a security company. MORE
Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. technology companies will choose to go only after the best parts of the financial services market. She doesn’t mind taking on tech companies but wants its to be on the same terms. The banks are concerned that opening their data in Europe will not give them the same access to the large tech companies in the U.S. MORE
According to the report, the investment provides more insight into how Citigroup is using AI across the company. Meanwhile, Gupta noted that Anaconda is popular among students, which is what piqued his interest in the company to begin with. The company has 135 employees and $45 million in capital, and counts General Catalyst as an original investor. Both companies declined to say how much Citi Ventures invested in Anaconda other than it was “significant.” MORE
Constellation Brands , a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation , the world’s largest publicly traded cannabis company. Both companies intend to enter into an agreement to exchange knowledge and expertise. Our company’s success is the result of our focus on identifying early stage consumer trends, and this is another step in that direction.”. MORE
Spying a fake company is difficult, even for India’s Ministry of Consumer Affairs, which just disclosed efforts around identifying about 200 fake commerce companies. The names of each company have not been released to the public, but the Ministry has escalated the matter up to the Department of Industrial Promotion and Policy (DIPP) for further action. She added that for the next few days, all consumer complaints related to commence companies will be answered via Twitter. MORE
In an interview with CNBC, Ant Financial chief executive Eric Jing said Ant Financial views itself as a technology company, and that Alipay — its digital payment service that has more than 700 million annual active users — is just the beginning of what it can do with technology. “Ant MORE
Restaurant chain Noodles & Company is probing a credit card breach that is said to have hit several of its 500 stores. Our investigation is ongoing, and we will continue to share information,” Noodles & Company said in a statement. The fraud attack occurred as the Broomfield, CO-based company was in the process of testing and implementing EMV technology — a situation which many businesses around the U.S. Security & Fraud Noodles & Company What's Hot MORE
According to a report citing the company, the funding came from Casa Verde Capital, which is a $45 million venture firm that was founded by hip-hop star Snoop Dogg. Funding also came from Durant Company, as well as other unnamed investors. “We’re Since launching Dutchie in 2017, the company has been slowly growing the business, recently signing on 50 dispensaries in Oregon. MORE
Spying a fake company is difficult, even for India’s Ministry of Consumer Affairs, which just disclosed efforts around identifying about 200 fake commerce companies. The names of each company have not been released to the public, but the Ministry has escalated the matter up to the Department of Industrial Promotion and Policy (DIPP) for further action. She added that for the next few days, all consumer complaints related to commence companies will be answered via Twitter. MORE
The median valuation for seed companies increased to $7 million from $4.7 Startups that are operating in red-hot sectors and companies run by seasoned entrepreneurs are raising between $30 million and $40 million before they even start operating, noted the report. MORE
Looks like Jessica Alba’s co-founded Honest Company might be in a bit of honest trouble. According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 Honest Company’s last fundraising in 2015 was for $100 million — and at $45.75 The big price tag on Honest Company, however, is as much a limitation as it is an honor. MORE
Noodles & Company unveiled its new NoodlesREWARDS program on Wednesday as a way to say “thank you” to its loyal customers and encourage them to bring new ones into the fold. Noodles & Company serves classic noodle and pasta dishes from a variety of cultures: Italy, Thailand, Korea, Japan, Central America and the American Midwest, to name a few. Surprise noods? Who would say “no” to that? MORE
technology companies, anticipating that they will face increased regulation in how they handle consumers’ data, are working with policymakers to potentially shape the new legislation that’s expected to come from the federal government. The Journal noted that the legislation should include some of the things that the tech companies are urging. MORE
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. Cross River provides services and solutions for leading FinTech companies. MORE
It's a common refrain from bank CEOs -- "My bank is a technology company." But the reality is much rarer. JPMorgan Chase is showing it takes fintech seriously by building (or buying) a Silicon Valley campus, which will house 1,000 employees, including 250 from recently acquired WePay. MORE
The company said it could pay a dividend of 30 percent of the coins’ cost each year. So far, the company has sold only 50,000 of the 1 million Agrocoins that it plans to make available. Investors can currently buy the coins on the company’s website. In an effort to raise funds from small investors, Mexico’s Amar Hidroponia is selling digital currency backed by habanero chilis. MORE
According to a news report in The Wall Street Journal , courier and messenger companies brought on 3,200 new workers in July, marking the fourth month in a row of job increases. While courier and messenger companies are seeing job growth and increasing the number of positions they staff, hiring at warehousing and storage companies is on the decline, slashing 2,200 jobs in July. The jobs report for the month of July was strong, and the U.S. MORE
Groupon , the deal website operator, announced news on Tuesday (May 1) that is buying Cloud Savings Company, the parent company of online discount code platform Vouchercloud and brand loyalty provider Giftcloud. In a press release, the company said it acquired the company at an enterprise value of $65 million. “We’re and beyond,” said Greg Le Tocq, co-founder and director of Cloud Savings Company, in the same press release. “In MORE
The European Commission is gearing up to propose new rules later Wednesday (March 21) that would require digital companies to pay more taxes — and the rules could include U.S. technology companies Google and Facebook. Citing a draft of the rules, Reuters reported that the European Commission is expected to call for companies that have a lot of digital revenue in Europe to pay a 3 percent tax on turnover at the company. The tech companies based in the U.S. MORE
Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. According to a report in Bloomberg back in March, Republican Governor Matt Mead signed into law legislation on limited liability corporations that is more friendly to blockchain companies, making so-called utility tokens an asset class and exempting cryptocurrency from state property taxes. MORE
Company Related Topics PYMNTS
NOVEMBER 2, 2018
1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm.
PYMNTS
NOVEMBER 5, 2018
China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. The aim is to have plans made for a supervision plan for financial holding companies by the first half of next year.
PYMNTS
DECEMBER 5, 2018
Google, in an unusual move, has invested in Japanese AI and machine learning company ABEJA during a follow-on funding round, according to a report. It uses machine learning to assist more than 150 companies with finding insight and developing business analysis from data.
PYMNTS
OCTOBER 22, 2018
Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. CNET noted that Facebook declined to comment on the reports that it is looking to acquire a security company.
PYMNTS
DECEMBER 6, 2018
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. Cross River provides services and solutions for leading FinTech companies.
PYMNTS
NOVEMBER 30, 2018
Anthony Noto, CEO of the financial company SoFi , said this week that his company is preparing for a landscape with higher interest rates, and that it favors quality over quantity, according to CNBC. “We The company, at the time, said it would be profitable by the end of the year.
PYMNTS
NOVEMBER 14, 2018
In an interview with CNBC, Ant Financial chief executive Eric Jing said Ant Financial views itself as a technology company, and that Alipay — its digital payment service that has more than 700 million annual active users — is just the beginning of what it can do with technology. “Ant
PYMNTS
OCTOBER 22, 2018
In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. It also makes it difficult for the traditional financial services companies to reach these consumers.
PYMNTS
SEPTEMBER 5, 2016
Spying a fake company is difficult, even for India’s Ministry of Consumer Affairs, which just disclosed efforts around identifying about 200 fake commerce companies. The names of each company have not been released to the public, but the Ministry has escalated the matter up to the Department of Industrial Promotion and Policy (DIPP) for further action. She added that for the next few days, all consumer complaints related to commence companies will be answered via Twitter.
PYMNTS
OCTOBER 11, 2018
IKEA wants to form strategic partnerships with Russian companies to expand its online business in the country. In addition to expanding in Russia, the company is also opening its first brick-and-mortar location in India.
PYMNTS
MAY 20, 2016
Restaurant chain Noodles & Company is probing a credit card breach that is said to have hit several of its 500 stores. Our investigation is ongoing, and we will continue to share information,” Noodles & Company said in a statement. The fraud attack occurred as the Broomfield, CO-based company was in the process of testing and implementing EMV technology — a situation which many businesses around the U.S. Security & Fraud Noodles & Company What's Hot
PYMNTS
NOVEMBER 4, 2018
Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal reported is at a “nearly unprecedented clip.”. tech companies during the first ten months of 2018 have come within 180 days of going public.
PYMNTS
JULY 20, 2017
Noodles & Company unveiled its new NoodlesREWARDS program on Wednesday as a way to say “thank you” to its loyal customers and encourage them to bring new ones into the fold. Noodles & Company serves classic noodle and pasta dishes from a variety of cultures: Italy, Thailand, Korea, Japan, Central America and the American Midwest, to name a few. Surprise noods? Who would say “no” to that?
PYMNTS
NOVEMBER 12, 2018
The median valuation for seed companies increased to $7 million from $4.7 Startups that are operating in red-hot sectors and companies run by seasoned entrepreneurs are raising between $30 million and $40 million before they even start operating, noted the report.
PYMNTS
DECEMBER 3, 2018
While most of the financial world has been focused on Microsoft surpassing Apple as the world’s most valuable company, Amazon quietly stole the top spot for a brief moment on Monday (December 3), according to the Financial Times.
PYMNTS
MAY 1, 2018
Groupon , the deal website operator, announced news on Tuesday (May 1) that is buying Cloud Savings Company, the parent company of online discount code platform Vouchercloud and brand loyalty provider Giftcloud. In a press release, the company said it acquired the company at an enterprise value of $65 million. “We’re and beyond,” said Greg Le Tocq, co-founder and director of Cloud Savings Company, in the same press release. “In
PYMNTS
OCTOBER 31, 2018
and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Chamber of Commerce — lobbyists and lawmakers, Donohue and others think the tax would target big American technology companies unfairly. companies.
PYMNTS
OCTOBER 6, 2016
According to Dell Technologies, 78 percent of businesses are threatened by digital startups , which is propelling innovative companies ahead and accelerating the demise of others. Close to half of companies surveyed by Dell, or 45 percent, fear they could become obsolete in the next three to five years because of competition from digital startups. “So If companies can’t keep up, they will fall behind … or worse. Innovation companies Dell digital startups News What's Hot
PYMNTS
OCTOBER 7, 2018
Chinese authorities are getting more power to inspect the information technology, or IT, of companies and access property information and business data as part of new cybersecurity rules, reported the Wall Street Journal. It doesn’t seem like companies have a choice.”.
PYMNTS
OCTOBER 6, 2017
Looks like Jessica Alba’s co-founded Honest Company might be in a bit of honest trouble. According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 Honest Company’s last fundraising in 2015 was for $100 million — and at $45.75 The big price tag on Honest Company, however, is as much a limitation as it is an honor.
PYMNTS
MARCH 21, 2018
The European Commission is gearing up to propose new rules later Wednesday (March 21) that would require digital companies to pay more taxes — and the rules could include U.S. technology companies Google and Facebook. Citing a draft of the rules, Reuters reported that the European Commission is expected to call for companies that have a lot of digital revenue in Europe to pay a 3 percent tax on turnover at the company. The tech companies based in the U.S.
PYMNTS
APRIL 13, 2017
Stuart Hunter, founder and CEO of roll: Bicycle Company explained how taking its bike sales online is helping customers not only overcome their fear of purchase, but also find a completely customized product that can be returned if it’s not the perfect fit. PYMNTS: How did roll: Bicycle Company get started? SH: The idea for roll: Bicycle Company was born in our brick and mortar shops. PYMNTS: How has the company disrupted or changed the bicycle industry?
PYMNTS
OCTOBER 23, 2018
Visa, the payments company, announced Tuesday (October 23) a strategic minority investment in Conductor, a digital payments processing technology platform in Brazil.
Bank Innovation
OCTOBER 23, 2018
It's a common refrain from bank CEOs -- "My bank is a technology company." But the reality is much rarer. JPMorgan Chase is showing it takes fintech seriously by building (or buying) a Silicon Valley campus, which will house 1,000 employees, including 250 from recently acquired WePay.
PYMNTS
DECEMBER 28, 2016
Chinese companies are setting their sights on a new market for growth: Southeast Asia and its 620 million people. According to a report by The Wall Street Journal , China’s top internet companies, including Alibaba, Tencent, Didi Chuxing and JD.com, are expanding in Southeast Asia, moving beyond the slowing economy in China. What’s more, industry watchers said in the report they think that investments on the part of Chinese tech companies will accelerate next year.
PYMNTS
SEPTEMBER 24, 2018
According to a report citing the company, the funding came from Casa Verde Capital, which is a $45 million venture firm that was founded by hip-hop star Snoop Dogg. Funding also came from Durant Company, as well as other unnamed investors. “We’re Since launching Dutchie in 2017, the company has been slowly growing the business, recently signing on 50 dispensaries in Oregon.
PYMNTS
SEPTEMBER 5, 2016
Spying a fake company is difficult, even for India’s Ministry of Consumer Affairs, which just disclosed efforts around identifying about 200 fake commerce companies. The names of each company have not been released to the public, but the Ministry has escalated the matter up to the Department of Industrial Promotion and Policy (DIPP) for further action. She added that for the next few days, all consumer complaints related to commence companies will be answered via Twitter.
Bank Innovation
NOVEMBER 30, 2018
INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. INV associates undergo a less intensive program than full class members.
PYMNTS
AUGUST 7, 2018
technology companies, anticipating that they will face increased regulation in how they handle consumers’ data, are working with policymakers to potentially shape the new legislation that’s expected to come from the federal government. The Journal noted that the legislation should include some of the things that the tech companies are urging.
PYMNTS
MARCH 22, 2018
The company said it could pay a dividend of 30 percent of the coins’ cost each year. So far, the company has sold only 50,000 of the 1 million Agrocoins that it plans to make available. Investors can currently buy the coins on the company’s website. In an effort to raise funds from small investors, Mexico’s Amar Hidroponia is selling digital currency backed by habanero chilis.
Chris Skinner
APRIL 6, 2018
I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.
PYMNTS
AUGUST 16, 2018
Approved, the online mortgage platform company, announced Thursday (Aug. What’s more, Singhal pointed out in the report that 80 percent of Credit Karma members are active prior to getting a mortgage, providing an opportunity for the two companies. 16) in a blog post that it has been acquired Credit Karma.
PYMNTS
AUGUST 9, 2017
Things aren’t so bubbly for chewing gum companies and confectioners. Quartz predicts that things are about to get worse rather than better for confectionery companies. So far, only company employees have gotten to try it, but the idea is that shoppers can walk in, fill their carts and walk out. The company gave chase, and it worked. The company’s acquisition of the barkTHINS brand also gave sales a boost.
PYMNTS
MAY 29, 2018
Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. According to a report in Bloomberg back in March, Republican Governor Matt Mead signed into law legislation on limited liability corporations that is more friendly to blockchain companies, making so-called utility tokens an asset class and exempting cryptocurrency from state property taxes.
PYMNTS
FEBRUARY 10, 2017
The rumor mill has been churning over at Honest Company, according to a few inside sources as reported by Recode this week. After a turbulent year led by an almost-filed IPO, the company began its talks with top executives from consumer package companies. To help determine next steps for Honest Company, these executives were brought in by the board of directors. We’re always looking to do what’s best for the company.”.
PYMNTS
AUGUST 7, 2017
According to a news report in The Wall Street Journal , courier and messenger companies brought on 3,200 new workers in July, marking the fourth month in a row of job increases. While courier and messenger companies are seeing job growth and increasing the number of positions they staff, hiring at warehousing and storage companies is on the decline, slashing 2,200 jobs in July. The jobs report for the month of July was strong, and the U.S.
PYMNTS
OCTOBER 31, 2017
Constellation Brands , a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation , the world’s largest publicly traded cannabis company. Both companies intend to enter into an agreement to exchange knowledge and expertise. Our company’s success is the result of our focus on identifying early stage consumer trends, and this is another step in that direction.”.
The Paypers
NOVEMBER 27, 2018
(The Paypers) Ecommerce software provider Shopify has acquired the Sweden-based startup Tictail for an undisclosed amount
CB Insights
OCTOBER 11, 2018
Venture-backed payments companies are gaining on incumbents. For example, Alipay’s parent company, Ant Financial , has raised upwards of $19B since 2015. Publicly traded players like Square and PayPal are acquiring companies at a fast clip to branch into new distribution channels. Private payments tech companies have raised $30B+ since the start of 2014, with a whopping ~$17B raised in 2018 alone, according to CB Insights data.
PYMNTS
JULY 20, 2018
Tilray , the first cannabis company to conduct an initial public offering on a U.S. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It exchange, closed up 32 percent. According to Financial Times reporting, Tilray’s shares sold for a listing price of $17, higher than the original indicated range of $14 to $16 a share. The IPO raised $153 million. And at $22.39
PYMNTS
SEPTEMBER 12, 2016
It seems that the Jessica Alba cofounded company Honest Company may be in talks to sell out to one of the big consumer product firms, like Unilever or Procter & Gamble. Honest Company was most recently valued at $1.7 The companies involved did not immediately respond to a request for comment. Honest Company was founded in 2011, is led by CEO Brian Lee and started out by selling nontoxic, eco-friendly diapers and other baby products. Retail Honest Company
PYMNTS
OCTOBER 21, 2018
Alphabet’s Google is gearing up to charge hardware companies as much as $40 per device to use its mobile apps as part of a new licensing system that will replace one the European Union found was anticompetitive.
PYMNTS
AUGUST 20, 2018
According to the report, the investment provides more insight into how Citigroup is using AI across the company. Meanwhile, Gupta noted that Anaconda is popular among students, which is what piqued his interest in the company to begin with. The company has 135 employees and $45 million in capital, and counts General Catalyst as an original investor. Both companies declined to say how much Citi Ventures invested in Anaconda other than it was “significant.”
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