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Braintree, eBay's Payment Processing Company, Plans to Accept Bitcoin A victory for digital currency

Braintree will start accepting Bitcoin as a valid currency soon, The New York Times reported this week. The payment processing company, purchased by eBay last year, announced its plans at the TechCrunch…

September 10, 2014, 3:26 PM EDT

Amazon Sponsored Links Seen as Direct Threat to Google AdWords E-commerce giant tapping its data for ads

Amazon is taking control of its own advertising. The e-commerce giant has developed Amazon Sponsored Links to deliver ads on its properties based on keywords users search while shopping online,…

August 25, 2014, 3:57 PM EDT

Peer-to-Peer Digital Banks Are Lending Billions of Dollars Trend grows in U.S. and U.K.

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club…

August 20, 2014, 12:15 PM EDT

AppNexus Picks Up $60 Million, as Valuation Grows to $1.2 Billion Funding to help to further global presence

AppNexus has picked up $60 million in funding from a "large, Boston-based public equity and asset management firm," per a statement from the ad-tech company, which also revealed that an…

August 18, 2014, 1:42 PM EDT

Gilt Co-Founder Leaves for Startup Alexandra Wilkis Wilson will take over as Glamsquad chief

Gilt Groupe co-founder Alexandra Wilkis Wilson is leaving her role at the company she helped nurture from a startup idea to a global enterprise to become co-founder and CEO of…

August 12, 2014, 1:20 PM EDT

Yelp Faces Lawsuit Over Fraudulent Reviews Suit alleges executives sold over $81 million of stock before news depressed price

Yelp Inc. and its executives were accused of selling $81 million of artificially-inflated stock while "deceiving shareholders about the quality of consumer reviews on its website," Reuters reported yesterday. The class-action…

August 7, 2014, 2:45 PM EDT

Gannett Agrees to $1.8 Billion Buyout for Cars.com Could be announced as soon as today

Gannett Co. has agreed to buy out the other companies who own a stake in Cars.com for $1.8 billion, "a person familiar with the matter" told Bloomberg News. Gannet Co. already…

August 5, 2014, 1:32 PM EDT

Full-Page Marijuana Ad to Appear in New York Times A historic moment in pot marketing

It looks like "The Gray Lady" will get a little greener tomorrow. Leafly, a website and mobile app that locates and reviews medical marijuana dispensaries, has bought a full-page ad in the print…

August 2, 2014, 8:19 PM EDT

ModCloth Cuts Almost 15% of Staff Online clothing retailer lays off around 70 employees

Online clothing retailer ModCloth, which specializes in vintage designs, recently laid off 15 percent of its staff, or approximately 70 employees, TechCrunch reports. The layoffs affected employees at all three…

July 17, 2014, 1:12 PM EDT

LivingSocial Taps eBay Exec to Right the Ship Gautam Thakar brings marketing expertise

Seven months after Tim O’Shaughnessy said he would step down as LivingSocial CEO, the deals company has named Gautam Thakar as his replacement. Thakar has spent nearly the last decade working…

July 15, 2014, 3:35 PM EDT

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