All posts on April, 2016


Wall Street

New Facebook Stock Class to Keep Zuckerberg in Driver’s Seat

Facebook on Wednesday announced its board of directors is proposing a new class of shares that will allow its founder to pursue a number of different initiatives while maintaining long-term control over the company. The news came on the heels of a blockbuster first quarter earnings report. The plan calls for Facebook to offer non-voting Class C capital stock, which will allow CEO Mark Zuckerberg to pursue his long-term vision.

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M-Commerce

Get Ready for the Mobile Pay Explosion

Who is leading the mobile payment race? There are several players competing today. PayPal started the revolution 15 years ago, and Apple Pay, Android Pay and Samsung Pay have joined the fray. Many newcomers are entering this space on a regular basis. The traditional money space has undergone change with innovations like debit cards and ATM machines, although they took a while to catch on.

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