MarketWatchIndustry News

Take action against Uber: Uber looks beyond ride-hailing as rebound and quest for profit continues

From MarketWatch: With the ride-hailing recovery rolling along, Uber Technologies Inc. is looking to bolster some of its other businesses. Delivery has been a bright spot as ride-hailing struggled to rebound during the COVID-19 pandemic, and...

T-Mobile customers take note: T-Mobile Boosts Parts of Guidance

From MarketWatch: By Allison Prang T-Mobile US Inc. increased aspects of its outlook. The telecom company is guiding for postpaid net customer additions to be between 5 million and 5.3 million. It was expecting those to be...

Sponsors Athleta, Visa, Uber support Simone Biles’ withdrawal from Olympic events, Warns MarketWatch

From MarketWatch: Simone Biles is still a golden girl in the eyes of her sponsors. Brand partners including the Gap Inc.-owned GPS, -1.85% Athleta, Visa V, -1.59% and Uber UBER, +0.70% expressed their support for...

PayPal Boosts Outlook for Total Payment Volume, GAAP EPS, says MarketWatch

From MarketWatch: By Allison Prang PayPal Holdings Inc. raised its total payment volume and GAAP earnings guidance for the fiscal year. The company expects GAAP earnings to be $3.49 a share, instead of $3.33 a share. It...

Venmo ends global payments feed as part of app redesign, says MarketWatch

From MarketWatch: Venmo is doing away with its global payments feed as part of a broader redesign of the popular financial-technology app. Venmo, which is part of PayPal Holdings Inc PYPL, +0.82%, plans to make several...

Sprint headlines: Sprint’s desperate pleas have become ‘the most urgent yet’ amid T-Mobile merger fears

From MarketWatch: Sprint Corp. continued its show of desperation this week, posting another steep drop in postpaid wireless subscribers and highlighting the challenges it faces as it tries to compete with better-positioned carriers. The company...

PayPal news: PayPal Taps HP CEO Lores for Board

From MarketWatch: By Kimberly Chin PayPal Holdings Inc. named HP Inc. President and Chief Executive Officer Enrique Lores to its board. He has served in the top roles at HP since November 2019 and has spent more...

PayPal steps up efforts to make money off Venmo with new fee changes, Warns MarketWatch

From MarketWatch: PayPal Holdings Inc.’s Venmo is making several changes to its platform, with plans to increase the fees for instant deposits that users make to their bank accounts and add an option that lets...

Latest news

Expedia news: Deal Struck To End Expedia Suit In Chancery Over $2.6B Deal

From Law360: Law360 (August 4, 2021, 5:35 PM EDT) -- A settlement has been reached to end a direct and...

Uber’s recovery accelerates as more people seek rides again, according to Minneapolis Star Tribune

From Minneapolis Star Tribune: SAN RAMON, Calif. — Uber's ride-hailing service is regaining most of the momentum that it lost...

T-Mobile will shut down Sprint’s 4G LTE network on June 30, 2022, warns CNET

From CNET: T-Mobile has been moving to integrate Sprint into its operations since completing its merger last April. This week...