WeChat Pay follows Alipay in allowing foreign visitors to make payments in China
* Stories are summarized by an A.I.
* Companies mentioned: Tencent, YUM, UBER, We Company, and GOOG
WeChat Pay follows Alipay in allowing foreign visitors to make payments in China
Tencent | ZDNet
Chinese payments giant WeChat Pay can now be used by foreign visitors to pay for goods and services in China. The Chinese payments giant has partnered with Visa, MasterCard, American Express, Discover Global Network, and JCB to allow foreign visitors to link their credit cards to WeChat Pay. This marks the first time that foreign visitors will be able to use international credit cards to pay with WeChat Pay in China. Previously, WeChat Pay only supported users that had mainland Chinese bank cards, savings cards, and credit cards. To sign up for the newly-expanded service, WeChat Pay users can add international credit cards directly to their digital wallets on the WeChat app.
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Why Yum! Brands Lost 10% Last Month
YUM (Yum! Brands Inc.) | The Motley Fool
YUM Brands (NYSE:YUM) gave up 10% in October, according to data from S&P Global Market Intelligence, as the fast-food titan posted an underwhelming earnings report at the end of the month. As you can see from the chart below, most of the stock's decline came at the end of the month after the third-quarter earnings report. Brands' numbers weren't terrible by any means, but they weren't enough to keep up with the market's lofty expectations. Overall revenue fell 4%, to $1.34 billion, slightly below expectations, as the company continues to refranchise restaurants. Now whatComing into the report, Yum's stock had already gained nearly 30% over the last year.
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Uber's self-driving cars have a huge flaw when it comes to jaywalkers
Uber (Uber Technologies Inc) | Science Alert
The crash that spurred the inquiry is thought to be the first death related to the testing of autonomous vehicles. The company hopes to bring its self-driving cars back to other cities such as San Francisco, Abboud said Wednesday. Before the crash, Governor Doug Ducey (R) said he welcomed Uber's self-driving cars "with open arms and wide open roads," while criticizing California for stifling such testing with "more bureaucracy and more regulation." Difficulties recognizing pedestrians are not unique to Uber's self-driving cars, said Jamie Court, who as president of the nonprofit group Consumer Watchdog has been critical of companies' willingness to deploy the technology. He said NTSB's findings on Uber's technology reinforce his views of autonomous vehicles' shortcomings.
Read More
WeWork chairman Marcelo Claure told staff he's trying to clean up WeWork, after firing 13 people for abusing vendor policies
We Company | Business Insider
WeWork chairman Marcelo Claure said in a Thursday night memo to staff obtained by Business Insider that 13 employees were fired for abusing its vendor selection and management processes. WeWork chairman Marcelo Claure told staff in a memo sent Thursday evening that the company had fired 13 employees after investigating policy abuse. On Thursday, WeWork's coding bootcamp Flatiron School laid off dozens of employees, Business Insider reported. On Thursday, Business Insider reported that the company's IT is due for a big overhaul. You can also contact Business Insider securely via SecureDrop.
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Google digitizes artworks in Puerto Rico for 1st time
GOOG (Alphabet Inc.) | The Houston Chronicle
"Goyita" is one of more than 350 paintings from Puerto Rico that Google Arts & Culture digitized for the first time with help from "Hamilton" creator Lin-Manuel Miranda, who unveiled late Thursday the online exhibition that features work from four Puerto Rico art institutions. The aim is to expose the world to Puerto Rico art, preserve it and help museums in the U.S. territory that are struggling to exhibit paintings given space constraints and budget cuts amid a 13-year recession. As part of the project, Google brought its so-called "art camera" for the first time to Puerto Rico, which required special permits, Miranda said. He traveled to Puerto Rico in July to see the artwork for the first time. Next year, the company expects to launch a larger project with more Puerto Rico artwork.
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* Companies mentioned: Tencent, YUM, UBER, We Company, and GOOG
WeChat Pay follows Alipay in allowing foreign visitors to make payments in China
Tencent | ZDNet
Chinese payments giant WeChat Pay can now be used by foreign visitors to pay for goods and services in China. The Chinese payments giant has partnered with Visa, MasterCard, American Express, Discover Global Network, and JCB to allow foreign visitors to link their credit cards to WeChat Pay. This marks the first time that foreign visitors will be able to use international credit cards to pay with WeChat Pay in China. Previously, WeChat Pay only supported users that had mainland Chinese bank cards, savings cards, and credit cards. To sign up for the newly-expanded service, WeChat Pay users can add international credit cards directly to their digital wallets on the WeChat app.
Read More
Why Yum! Brands Lost 10% Last Month
YUM (Yum! Brands Inc.) | The Motley Fool
YUM Brands (NYSE:YUM) gave up 10% in October, according to data from S&P Global Market Intelligence, as the fast-food titan posted an underwhelming earnings report at the end of the month. As you can see from the chart below, most of the stock's decline came at the end of the month after the third-quarter earnings report. Brands' numbers weren't terrible by any means, but they weren't enough to keep up with the market's lofty expectations. Overall revenue fell 4%, to $1.34 billion, slightly below expectations, as the company continues to refranchise restaurants. Now whatComing into the report, Yum's stock had already gained nearly 30% over the last year.
Read More
Uber's self-driving cars have a huge flaw when it comes to jaywalkers
Uber (Uber Technologies Inc) | Science Alert
The crash that spurred the inquiry is thought to be the first death related to the testing of autonomous vehicles. The company hopes to bring its self-driving cars back to other cities such as San Francisco, Abboud said Wednesday. Before the crash, Governor Doug Ducey (R) said he welcomed Uber's self-driving cars "with open arms and wide open roads," while criticizing California for stifling such testing with "more bureaucracy and more regulation." Difficulties recognizing pedestrians are not unique to Uber's self-driving cars, said Jamie Court, who as president of the nonprofit group Consumer Watchdog has been critical of companies' willingness to deploy the technology. He said NTSB's findings on Uber's technology reinforce his views of autonomous vehicles' shortcomings.
Read More
WeWork chairman Marcelo Claure told staff he's trying to clean up WeWork, after firing 13 people for abusing vendor policies
We Company | Business Insider
WeWork chairman Marcelo Claure said in a Thursday night memo to staff obtained by Business Insider that 13 employees were fired for abusing its vendor selection and management processes. WeWork chairman Marcelo Claure told staff in a memo sent Thursday evening that the company had fired 13 employees after investigating policy abuse. On Thursday, WeWork's coding bootcamp Flatiron School laid off dozens of employees, Business Insider reported. On Thursday, Business Insider reported that the company's IT is due for a big overhaul. You can also contact Business Insider securely via SecureDrop.
Read More
Google digitizes artworks in Puerto Rico for 1st time
GOOG (Alphabet Inc.) | The Houston Chronicle
"Goyita" is one of more than 350 paintings from Puerto Rico that Google Arts & Culture digitized for the first time with help from "Hamilton" creator Lin-Manuel Miranda, who unveiled late Thursday the online exhibition that features work from four Puerto Rico art institutions. The aim is to expose the world to Puerto Rico art, preserve it and help museums in the U.S. territory that are struggling to exhibit paintings given space constraints and budget cuts amid a 13-year recession. As part of the project, Google brought its so-called "art camera" for the first time to Puerto Rico, which required special permits, Miranda said. He traveled to Puerto Rico in July to see the artwork for the first time. Next year, the company expects to launch a larger project with more Puerto Rico artwork.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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