GE To Form New Internet Of Things Company

General Electric will establish a new independent Internet of Things (IoT) company from the GE Digital business and several of its technologies, according to the company. The new company will start with $1.2 billion in yearly software revenue and an established global customer base. It is intended to be a wholly GE-owned, independently run business, but with a new brand

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Instacart Will No Longer Work With Whole Foods

Instacart, the grocery delivery service, will begin the process of separating from long-time partner Whole Foods, according to a report from Bloomberg. The two companies have been heavily intertwined since 2014, when Instacart was only two years old. Instacart made the announcement on Dec. 13, saying Instacart customers will soon no longer be able to order from Amazon-owned Whole Foods.

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Emergent Technology Buys Interpay To Get Access To Africa

Emergent Technology, the financial technology company, announced Thursday (Dec. 13) that it has bought Interpay, a Ghana-based payments processor. Terms of the deal were not disclosed. In a press release, Emergent Technology said that by acquiring Interpay, it will extend the operations of its digital payments business, Emergent Payments, into 70 emerging markets. Interpay has offices in Ghana, Benin and

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Robinhood Launches Checking, Savings Account

Robinhood, the mobile investment app company, announced Thursday (Dec. 13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. In a blog post, Robinhood said its checking and savings product is a departure from traditional accounts that cost more for people who make less money and

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Square Appointments Integrates With Google And Instagram

Square is giving merchants a better way to work with Google and Instagram. The company says that its Square Appointments will now integrate with those two platforms, “allowing sellers to grow awareness of their business and acquire new customers right from their social media feed or search results,� Square said in a statement. The new feature enables businesses that use

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Amazon ends Instacart partnership with Whole Foods

Grocery delivery company Instacart announced today that its partnership with Amazon-owned Whole Foods is coming to an end. Instacart was in the midst of a five-year deal signed in 2016 that established the company as Whole Foods’ exclusive delivery carrier, but the deal became complicated when Amazon acquired Whole Foods in 2017. The details of how the contract was ended

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Bitcoin scammers send bomb threats across US, causing evacuations

Spammers have sent a wave of threats to businesses, schools, and other locations, demanding bitcoin in exchange for not detonating a supposed bomb. There’s no evidence of any actual explosives being placed or detonated, but it’s still caused numerous evacuations and law enforcement investigations, and police are investigating potential threats, asking victims to exercise caution. Several examples of the email

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