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Square strikes processing deal with Eventbrite

Bloomberg Square Inc. struck an agreement to process payments for ticketing service Eventbrite and made a strategic investment in the startup, part of the digital-payments company’s push into online commerce, an area dominated by larger players like PayPal Holdings Inc. San Francisco-based Square invested $25 million in Eventbrite, which lets event organisers sell tickets and promote and manage events. Eventbrite, ...

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Uber board to vote on cutting ex-CEO’s power

Bloomberg Uber Technologies Inc. directors plan to vote on Tuesday on board reforms and whether to pursue a major stock deal with SoftBank Group Corp. despite the surprise appointment of two new members by ousted Chief Executive Officer Travis Kalanick, two people familiar with the matter said. Those two coordinated moves could drastically reshape the ride-hailing company’s governance, while officially ...

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Car sales stabilise as ‘insurance’ checks roll in

Bloomberg As Hurricane Harvey poured on Houston, Frank Rodriguez feared for his 2014 GMC Sierra. Once he saw the pickup’s soaking-wet interior and center console full of water, he knew it was a lost cause. He just hoped his insurance company would agree and cut him a check. Despite a dearth of inspectors in southern Texas to review the damage ...

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