#Trump order bans transactions with eight Chinese apps

#Trump order bans transactions with eight Chinese apps

“#Trump order bans transactions with eight Chinese apps” President Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay, a senior administration official said, escalating tensions with Beijing before President-elect Joe Biden takes office this month. The order, first reported by Reuters, tasks the Commerce Department with…

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#Nike’s free workout apps are a gateway to gaining pricey sales

#Nike’s free workout apps are a gateway to gaining pricey sales

“#Nike’s free workout apps are a gateway to gaining pricey sales” CHICAGO – With consumers under lockdown logging into Nike’s workout apps and digital store, the Beaverton, Oregon-based company has been able to gather additional data on purchasing habits, personal information and exercise routines of tens of millions of people. Between January and November this…

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#Poshmark files to go public after turning profits this year

#Poshmark files to go public after turning profits this year

“#Poshmark files to go public after turning profits this year” Fashion resale platform Poshmark is plotting an initial public offering after raking in its first profits this year. The nine-year-old startup said it’s benefitted from the coronavirus-fueled boom in online shopping that’s helped its 4.5 million active sellers supplement their income by selling clothes out…

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#Adobe Flash is going away for real this month

#Adobe Flash is going away for real this month

“#Adobe Flash is going away for real this month” There have been plans to kill off Adobe Flash — the company’s beleaguered software for running multimedia content across devices and websites — for several years, but the end is now truly nigh. The company pushed its last update for Flash Player yesterday, and announced it…

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#Robinhood hires Goldman Sachs to lead IPO

#Robinhood hires Goldman Sachs to lead IPO

“#Robinhood hires Goldman Sachs to lead IPO” Stock trading app Robinhood Markets has picked Goldman Sachs to lead preparations for an initial public offering which could come next year and value it at more than $20 billion, people familiar with the matter said on Tuesday. Robinhood was valued at $11.7 billion in its last private…

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#Despite promise, few in US adopting COVID-19 exposure apps

#Despite promise, few in US adopting COVID-19 exposure apps

“#Despite promise, few in US adopting COVID-19 exposure apps” RALEIGH, NC — Six months ago, Apple and Google introduced a new smartphone tool designed to notify people who might have been exposed to the coronavirus, without disclosing any personal information. But for the most part, Americans haven’t been all that interested. Fewer than half of US states…

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#Salesforce buying workplace chat app Slack for .7 billion

#Salesforce buying workplace chat app Slack for $27.7 billion

“#Salesforce buying workplace chat app Slack for $27.7 billion” Cloud-computing giant Salesforce on Tuesday said it will acquire popular workplace messaging platform Slack for $27.7 billion. The cash-and-stock deal — one of the largest ever for a software company — will see Slack shareholders receive $26.79 in cash and 0.08 shares of Salesforce stock for…

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