Setting its sights on the future of payment options, wearable fitness tracker maker Fitbit says it has acquired the wearable payments platform of Silicon Valley financial technology company Coin.
Formerly a collection of fishing enclaves that became the epicenter of China's manufacturing-driven miracle, Shenzhen is reinventing itself by staking its future growth on finance, tech and culture.
The head of Chinese e-commerce giant Alibaba, Jack Ma, is withdrawing from an anti-counterfeiting convention in Florida just two days before he was scheduled to give the keynote speech.
Under scrutiny from investors and a federal investigation over its practices, Lending Club may have to do more of something it has always tried to keep to a minimum: lend its own money.
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