PayPal to acquire machine learning-powered fraud detection startup Simility for $120 million
PayPal has acquired its second startup in as many days, as the payments giant announced today that it was snapping up machine learning-powered fraud detection startup Simility. The transaction is valued at $120 million, in what will be an all-cash deal. The news comes two days after PayPal bought out payments startup Hyperwallet in a […]
SINGAPORE (Sept 20): The race is on to get Chinese goods into the US before President Donald Trump’s tariffs bite.
At sea and in the sky, the US president’s trade war with China has ignited a freight frenzy. Hyundai Merchant Marine Co’s vessels leaving China for the US are full, deliveries to California ports are surging, and cargo rates for journeys across the Pacific are at a four-year high.
Everyone’s favorite trillion-dollar retailer hosted a private event today where they continued to exercise their highly-strategic approach to hardware where they just throw everything at the wall and wait to see what sticks. We got some new Amazon Echo devices, sure, but there was also an amp, a camera, a clock and a microwave…? There’s […]