News 

Buy Square shares because its sales will soar from its new services to restaurants: Instinet

“Square has a large untapped opportunity to offer more services to the restaurant industry, according to one Wall Street firm” writes Shannon Stapleton for cnbc.com. Nomura Instinet reiterated its buy rating for Square shares, predicting the payment company’s new offering called “Square for Restaurants” will thrive.”The launch of Square for Restaurants marks Square’s entry into the $650-700bn U.S. restaurant industry. We see at least ~30% potential upside to adj. revenue over a three-year period, a combination of payment processing revenue and cross-selling of ancillary software and services,” analyst Dan Dolev…

Read More
News 

Brex just secured $57 million and is now launching globally

“US-based corporate credit card provider for startups, Brex, has secured a $57 million funding round from investors including Y Combinator Continuity Fund, Peter Thiel, Max Levchin, Yuri Milner, VC Ribbit Capital, and former Visa CEO, Carl Pascarella” writes Lea Nonninger for businessinsider.com. Brex was founded last year and aims to provide startups with a quick and effective credit card option — it has already attracted 1,000 customers and is now launching globally.This credit card offering will likely be appealing to small businesses.Brex claims that customers can receive a virtual credit…

Read More
Crypto News 

Press Start to Go: How Crypto is Revolutionizing the $108 Billion Gaming Industry

“One such industry that has been largely neglected by the mainstream conversation around blockchain is the $108 billion-dollar gaming industry” reports financemagnates.com. In any case, the gaming industry is ripe for disruption, and blockchain might just be the golden ticket.Why do these aspects of blockchain make it such a perfect match for the gaming industry?. To understand why blockchain has the potential to play such an integral role in the future of the gaming industry, we have to understand what blockchain actually does. Source: financemagnates.com Share This:

Read More
News 

Source: White House has begun planning a federal approach to data privacy, led by Trump’s special assistant for tech Gail Slater, as EU rolls out GDPR

“Why it matters: The preliminary conversations show that the White House wants a voice in the contentious domestic and global debate about how to protect consumer privacy online” reports axios.com. So far, Europe’s strict General Data Protection Regulation has set the terms of the debate, alarming companies and some regulators in the U.S. The White House is in the early stages of determining what a federal approach to online data privacy should look like, Axios has learned. Source: axios.com Share This:

Read More
GBP News 

Ex-Airbus boss urges UK-French defense industry ties after Brexit

“Although 50/50 ventures are seen as tricky to maintain in highly political arenas such as defense, Bregier said the sensitive UK-French missiles co-operation had worked smoothly” writes Midwest Communications Inc for 95kqds.com. PARIS (Reuters) – A leading French industrialist has urged France and Britain to preserve co-operation in the defense industry despite Britain’s departure from the European Union next year. Source: 95kqds.com Share This:

Read More
News 

Double whammy: U.S. pork, fruit producers brace for second wave of Chinese tariffs

“Last week it included both categories in a second round of tariffs to be imposed on July 6” reports businessinsider.com. “The additional tariff will put us out of business,” said Zhong Zheng, founder of China-based Heartland Brothers, which sells U.S.-produced Berkshire pork to Chinese supermarkets and restaurants.Do we produce for the Chinese market when the tariffs may go up significantly July 6?”. Chinese customers had informed him on Wednesday that the latest tariff would replace the earlier one, he added. Source: businessinsider.com Share This:

Read More
News 

Micro-Businesses’ Major Role In SMB Banking Disruption

“Micro-businesses are a bigger part of the small business scene, but the banking products and services provided have not kept pace with the technological advancements occurring in other parts of the industry” reports pymnts.com. The collaboration reflects a broader trend in the small business banking industry: 71 percent of 440 community bankers surveyed by the American Bankers Association earlier this year said they plan to launch new digital SMB solutions in the next year.They’re falling short of what micro-businesses are doing.” The term micro-business is far from being set in…

Read More
News Platforms 

The CEO of agency giant IPG welcomes challengers to Facebook and Google: ‘The more the merrier’

“That’s what Michael Roth, CEO of ad agency holding company IPG, says he’s focused on at the Cannes Lions festival, where he’s meeting with the tech platforms and clients” writes Michael Newberg for cnbc.com. This year, he’s looking at the range of platforms that might grow to pose a threat to the digital duopoly — Google and Facebook. Source: cnbc.com Share This:

Read More