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Facebook’s exposure to risky revenue

What’s a troubled social network to do? Facing a crisis of confidence, Facebook appears to struggle to take actions on its own, whether out of uncertainty or stubbornness, and it’s not clear a divided Congress and the Trump administration could agree on regulatory actions to force its hand. One simple first step would be a bit more financial transparency. Inspired ...

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Doctors, economists have a prescription for Grab

GrabTaxi Holdings Pte has a lot of smart people on its payroll. Let’s hope the transportation startup spends more time listening to its economists. Yeah I know, startup and economics in the same sentence. Go-Jek Indonesia PT’s entry into Singapore was inevitable the moment Grab bought out the local business of Uber Technologies Inc. It already had its sights on ...

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Retailers try payment apps to sidestep $90bn in third-party swipe fees

Bloomberg Retailers have been trying for years to escape the clutches of the credit-card companies, which this year will levy more than $90 billion in swipe fees on an industry already struggling to navigate the shift online. Some believe the answer lies in payment apps. While shoppers have largely shunned mobile payments offered by third-party providers like Apple Inc., retailers ...

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