PayPal has struck a deal with Visa that enables it to issue debit cards in Europe, as the online payments service company moves further into traditional retail banking territory. (read more)
Amazon touted a successful Prime Day this week and some of the top selling items both in the U.S. and abroad were safe to say, interesting and odd at the same time.
The top selling item was Amazon’s Echo Dot. Amazon was heavily pushing its own products on Prime Day and hours before, by making deals available for Alexa customers days before. The Echo Dot was also the best-selling product from a manufacturer in any category across Amazon globally, according to a press release from the company. (read more)
Facebook is moving ahead on plans to let people subscribe to publications through Instant Articles. Nothing’s final, but the current thinking is that it will support publications with metered paywalls and freemium models, said a source familiar with the briefings. These options would seem to accommodate metered publications including Facebook skeptic The New York Times; and The Wall Street Journal and The Economist, which make a certain selection of articles free and put the rest behind a paywall. (read more)
Penny, a German discount supermarket chain, has launched its first online store. The discount grocery store enables consumers to order select non-food items online, as well as 30 different types of wine, sparkling wine and other spirits. (read more)
Artificial intelligence (AI) and machine learning play an important role in helping law enforcement deal with increasing threats, but the need then for access to data is likely to further drive concerns about privacy.