Business

1 in 4 Venmo users’ actions on app can be monetized

A quarter of Venmo users are currently using PayPal’s millennial-friendly payments app in a way which the financial technology company can monetize, PayPal Chief Financial Officer John Rainey told CNBC on Friday. “If we look at the most recent quarter, roughly one in four Venmo customers are using Venmo in a way today which we’re able to monetize,” Rainey said ...

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GoPro’s stock could go higher after holidays

GoPro Inc.: “I think in which GoPro’s going to have a not bad holiday season. They’ve got all fresh stuff. I think in which could trade to $8, although I don’t think in which’s getting more than in which because in which’s pretty darn speculative.” Eli Lilly along with Co.: “I think Eli Lilly will be very not bad, although ...

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Apple’s Tim Cook calls for retraction on Chinese spy chip story

Visual China Group | Getty Images Apple Inc. CEO Tim Cook attends China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse on March 24, 2018 in Beijing, China. China Development Forum (CDF) 2018 is actually hosted by the Development Research Center of the State Council of China on March 24-26 in Beijing.  Apple CEO Tim Cook is actually calling ...

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Brazilian airline Gol to offer premium class with no middle seats

Dado Galdieri | Bloomberg | Getty Images Attendees stand in line in front of a Boeing Co. aircraft operated by GOL Airlines SA during the International Brazil Air Show (IBAS) at Rio Galeao International Airport in Rio de Janeiro, Brazil, on Saturday, April 1, 2017.  Brazil’s largest airline will be trying a completely new tack to get passengers to pay ...

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Microsoft can be right now tying Satya Nadella’s pay to LinkedIn’s performance

According to the filing, the “number of times logged-in members visit LinkedIn, separated by 30 minutes of inactivity,” on desktop in addition to also mobile devices will be evaluated over a three-year period to help determine the number of performance stock awards (PSAs) that will get doled out to Nadella, Hood in addition to also the some other executives — ...

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Cleveland-Cliffs CEO Goncalves says he might go after analysts again

Cleveland-Cliffs CEO Lourenco Goncalves doubled down on his attack of Wall Street analysts, saying during an interview with CNBC’s “Closing Bell” on Friday he might “absolutely” talk that will way to them again. “Oh yeah, absolutely…when you’re not the CEO of Facebook, Google or Tesla, being on CNBC at 3 p.m. is actually a big accomplishment,” Goncalves said. Earlier on ...

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‘Halloween’ massive box office threat in brand-new era of blockbuster horror

If advanced ticket sales are any indicator, “Halloween” can be about to carve out one spectacular opening weekend. The film set 40 years after the original “Halloween,” surpassed “The Nun” as Fandango’s biggest horror preseller of the year in addition to also can be eyeing a first weekend box office haul of up to $100 million. “Halloween” can be being ...

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