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Early days, but Apple Pay struggles outside U.S.

June 2, 2016 by · Leave a Comment 

More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and

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Early days, but Apple Pay struggles outside U.S.

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Redstone’s granddaughter says she backs Viacom’s directors

June 2, 2016 by · Leave a Comment 

The independent directors have questioned Sumner Redstone's mental competence, and said they will legally contest any move by his purported representatives to remove them from Viacom's board. “I will soon be announcing legal steps to join with the Viacom directors in our common cause to liberate my grandfather from Shari's clutches and protect my fellow trust beneficiaries and myself …

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Redstone’s granddaughter says she backs Viacom’s directors

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Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund

June 2, 2016 by · Leave a Comment 

By Heather Somerville SAN FRANCISCO (Reuters) – Uber [UBER.UL] has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, the U.S. ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle East. The investment from the Saudi Arabian Public Investment Fund…

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Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund