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Related Special Reports
...Google could still decide to launch certain elements of its experimental AI-powered service into its main, free search engine over time, according to people familiar with its thinking....
...Stripe is in “no rush” to go public after the $65bn payments company returned to positive cash flow and raised its private market valuation....
...The number of RSUs ByteDance withheld to cover the tax liabilities was insufficient in many cases, leaving many individuals needing to make an additional cash payment to the Internal Revenue Service....
...The commission narrowed the scope of the investigation last year and abandoned a charge of pushing developers to use its own in-app payment system....
...Another area under review is digital payments, where banks are regulated but companies such as Apple and Google offering similar services are not....
...“We are enhancing WisdomTree Prime’s capabilities and have plans to enable peer-to-peer transfers and payments in the upcoming quarters,” WisdomTree’s letter said....
...Mastercard and Visa then split the fees received with the banks that issue the cards and the tech firms that facilitate the payments....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
...But it is the return of payments giant Stripe, the $65bn Silicon Valley giant, to crypto payments after a six-year absence that really made people sit up....
...Notably, it deferred hundreds of millions of annual cash interest expense payments until 2025....
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Glass Lewis, the other leading advisory service, has yet to issue its opinion of the deal....
...Moderna paid $1,053,767 for security services to Stéphane Bancel, after not disclosing any security payments for him the previous year....
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...Earlier this week, Nick van Eck, the son of investment manager Jan van Eck, raised $12mn to launch a stablecoin, while payments company PayPal and French bank Société Générale both launched their own stablecoins...
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
...But Institutional Shareholder Services, a proxy adviser to investors, recommended last month that shareholders vote down the plan, which it called “excessive”....
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...Most payment fintechs started the journey of disruption at the other end of the payment journey. They disrupted the way merchants accepted transactions....
...Kalifa is one of the payments industry’s best-known executives....
...Lex succumbed to groupthink by cheering consolidation in the payments industry back in 2019. The error was cruelly exposed during 2023....
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
...Younger shoppers’ penchant for Apple Pay, auto-fill payments and buy now, pay later services is eroding the company’s share of the online payment market it once dominated. Growth has sputtered....
...The likes of well-funded Block and Stripe are driving down costs for merchants but also profit margins for payment service providers....
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