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Seang Anouksar
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PayPal, MasterCard reach deal for store payments
REUTERS - MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal's payment services in stores. PayPal's partnership follows a similar deal with MasterCard's larger rival ...

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Box and IBM introduce Box Relay, a new product to streamline work in the cloud
Online storage company Box and enterprise giant IBM on Tuesday introduced Box Relay, the first in a number of new products Box will roll out this week at its BoxWorks 2016 customer conference. "We are going to be introducing an all-new Box," said Box CEO Aa...

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Amazon says new $1,500 selling fees won't apply to existing merchants
It's been a nerve-racking week for sellers after the e-retailer implemented new rules requiring merchants to supply dozens of invoices and pay a fee to sell certain big brands on the site. Amazon is now trying to provide some clarity on what's kn...

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Intel to buy Movidius to help it win in new tech like virtual reality, driverless cars
U.S. semiconductor giant Intel is to acquire Movidius, a company that creates so-called "computer vision" chips which will play a key role in technologies from virtual reality (VR) to driverless cars, the company announced Tuesday. Movidius makes processors...

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HSBC customers can open new bank accounts using a selfie
HSBC business customers can now open new accounts by taking a selfie picture in order to verify their identity. A mobile app uses facial recognition software to take a headshot of a customer, which is then compared against a photo ID uploaded by the custome...

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Why Apple Is 'Likely' To Use Intel Chips In Future iOS Devices
Apple is “likely” to order processors for its iOS-running devices from Intel once it is done with its 2017 releases, insiders said on Friday. Hence, consumers can expect their new devices from the Cupertino giant to come with Intel chips starting 2018. Acco...

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USPS employees accused of hoarding parcels, stealing veterans’ medication
LOS ANGELES — Several authorities have charged dozens of Southern California postal workers and their associates with mail theft, embezzlement and an array of other crimes as part of a sweeping investigation into criminal activity at the U.S. Postal Service...

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This firm beat Amazon to drone deliveries by launching it from the roof of a truck
While Amazon is tussling with regulators over drone deliveries, one company has found a way to make the unmanned flying machines deliver packages today, by launching them out of the roof of a truck. U.S. firm Workhorse has created a system called "HorseFly"...

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Netflix just at the beginning of its potential, shareholder says
With shares of Netflix down more than 15 percent this year, investors have a prime opportunity to buy the stock, shareholder Ross Gerber said Thursday. The move lower comes after the streaming service had a huge run last year. "When you have a 150 percent y...

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Citigroup aims for tie-up with Singapore ride-hailing app Grab
Citigroup has been working on a tie-up with Singapore-based ride-hailing app Grab to allow its credit-card customers to pay for rides with points, the Financial Times reported. In its first attempt at tying up with a transportation service, the U.S.-based b...
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