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Charter surges as Japan’s SoftBank considers bid

Charter surges as Japan’s SoftBank considers bid

(Reuters) – Charter Communications Inc’s (CHTR.O) shares surged to a record high on Monday after a source said Japan’s SoftBank Group Corp (9984.T) was considering an acquisition offer, even as Charter has shot down the possibility of it being the acquirer in any merger with SoftBank’s U.S. wireless carrier, Sprint Corp (S.N). A source familiar [...]

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Apple fails to end lawsuit claiming it ‘broke’ FaceTime

Apple fails to end lawsuit claiming it ‘broke’ FaceTime

(Reuters) – Apple Inc (AAPL.O) has failed in its bid to dismiss a lawsuit claiming it disabled the popular FaceTime video conferencing feature on older iPhones to force users to upgrade. U.S. District Judge Lucy Koh ruled late on Friday that iPhone 4 and 4S users can pursue nationwide class action claims that Apple intentionally [...]

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Headline News from PaymentsNews.com – July 31, 2017

Headline News from PaymentsNews.com – July 31, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Late Credit-Card Payments Stoke Fears for Banks – Wall Street Journal (Paywall) – “The average net charge-off rate for large U.S. card issuers—the percentage of outstanding debt that issuers write off [...]

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