Month: December 2017

Stripe wants to modernize commerce for the internet age

Back in 2010, Patrick and John Collison cofounded Stripe, which quickly gained a following thanks to how easily it let developers integrate a payment system with a few lines of code, something that financial tech giants like PayPal lacked at the time. More than seven years later, the Y Combinator alumnus has matured; its mission of helping developers […]

Pinterest Adds Former CBS Corp. CFO Fred Reynolds to its Board

Pinterest announced today it’s adding former CBS and PepsiCo exec Fred Reynolds to its board of directors. Reynolds’ background includes global financial and strategic planning as well as business analysis, the company notes. He will also serve as Pinterest’s Audit Committee Chair. Prior to joining Pinterest’s board, Reynolds spent 15 years at CBS and its predecessor […]

Insurance Cos to Focus on IPOs, Consolidation in 2018

More insurance companies are expected to hit the capital markets next year after successful IPOs of five insurers, including two state-owned companies, which collectively raked in about Rs 45,000 crore. Besides the spate of IPOs, 2018 will also witness some consolidation in the insurance space although the merger of Max Life and Max Financial Services […]

Citigroup Follows Morgan Stanley, UBS, Quits Recruiting Pact – Bank

Citigroup Inc became the latest firm on Friday to say it would quit a 14-year-old agreement reached among Wall Street`s biggest securities brokerages to not sue each other when a broker switches firms. Morgan Stanley and UBS Group AG`s Wealth Management Americas discontinued the agreement, called the “broker protocol,” earlier this year.[…] Source: Zee Business […]

SEBI on WhatsApp Leak: Clear That Info Leaked from Companies

In a stern warning to companies for leakage of key financial details, market regulator Sebi today said all those responsible, including auditors, would face action and the rules would be strengthened if required. Addressing a press conference after a board meeting, Sebi Chairman Ajay Tyagi said it is clear from the case involving the leakage […]

McDonald’s Follows Different Food Standards for India: Bakshi

McDonald’s estranged partner Vikram Bakshi today hit out at the fast food major, saying it follows “different standards” for India compared to other countries and continuously ignored the food quality concerns raised by him for the past four years. Bakshi’s response came after McDonald’s India earlier alleged lapses in food quality and safety level by […]

4 Predictions for Social Media Marketing on Pinterest in 2018

Pinterest in 2017 While it’s nowhere near as big as the other players, Pinterest has continued to carve its own path in 2017, adding in new tools – in particular, Pinterest Lens – to boost its use case, while also reporting a jump in users to 175 million monthly actives (up from the 150 million reported last October). The platform […]