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Checkout.com acquires payment optimization startup ProcessOut

Checkout.com, the quiet London-based payment platform, has acquired its first startup, ProcessOut. Checkout.com surprised everyone last year when it announced a gigantic $230 million Series A round. It turns out the payment processing boom is not over yet. Checkout.com focuses on enterprise clients with customers all around the world. It provides a full-stack payment service,…

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Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of screen technology. It’s a tough calculus, but that’s the price of innovation. The rising cost of smartphones is largely regarded as a…

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Fashion mogul HQ raided amid sex trafficking probe

Image copyright Getty Images Image caption Mr Nygard has denied sex abuse allegations against him US agents have raided fashion executive Peter Nygard’s Manhattan offices as part of a sex-trafficking investigation.The FBI and New York police executed a search warrant on Tuesday, a spokesman for the US Attorney’s Office said.The raid comes as Mr Nygard,…

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Disney boss Bob Iger steps down as chief executive

Image copyright Getty Images Image caption Bob Iger has led Disney since 2005 Disney boss Bob Iger, who led the media company through several blockbuster acquisitions and the launch of a streaming network, is stepping down as chief executive.Disney said it had appointed Bob Chapek, who previously ran the company’s parks and products division, to…

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Rahm Emanuel: ‘Panic’ would be the adjective to describe mood right now

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How to win the presidential debate

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How to watch tonight’s Democratic presidential debate

Washington (CNN)Leading Democratic presidential candidates will take the debate stage Tuesday night in South Carolina, days before the state’s primary. The 10th Democratic National Committee-sanctioned debate will be hosted by CBS News and the Congressional Black Caucus Institute in Charleston. What time is the debate?The debate will start at 8 p.m. ET. How can I…

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Salesforce co-CEO Keith Block steps down

Salesforce today announced that Keith Block, the company’s co-CEO, is stepping down. This leaves company founder Marc Benioff as the sole CEO and chair of the CRM juggernaut. Block’s bio has already been wiped from Salesforce’s leadership page. Block stepped into the co-CEO role in 2018, after a long career at the company that saw…

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Disney CEO Bob Iger immediately steps down from CEO position

The Walt Disney Company announced this afternoon that Robert Iger, the company’s long-time CEO who ushered in the company’s lush franchise and entertainment platform profits, will step down immediately as chief executive. Bob Chapek, a long-time senior exec at the company who most recently held the position of Chairman of Disney Parks, Experiences and Products,…

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Facebook acquires the VR game studio behind one of the Rift’s best games

Facebook is aiming to build on its VR hardware launches of 2019 with an investment in virtual reality software. Facebook announced today that it has acquired Bay Area VR studio Sanzaru Games, the developer of “Asgard’s Wrath,” considered by many enthusiasts to be one of the Oculus Rift’s best games. Terms of the deal weren’t…