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In todays top news, U.S. Attorney General William Barr plans to file an antitrust case against Google this month, and Instacart announced a deal with 7-Eleven. Plus, Apple delays an ad tracking change after developers raised concerns.Report: Barr Insists DOJ File Antitrust Charges Against Google Before ElectionU.S. Attorney General William Barr plans to file an antitrust case against Google this month despite pleas from staff lawyers who said they need more time to strengthen the complaint.Instacart Pushes Into Convenience Store Market With 7-Eleven DealOn Thursday Sept. 3 , Instacart announced its first deal with a convenience store chain, adding 7-Eleven to its online ordering platform. It plans to initially start making deliveries from 750 stores across the country and will follow this up with a
stanley termos nationwide rollo
stanley cup ut over the next few months.Apple Delays Ad Tracking Change Over D
stanley canada eveloper ConcernsApple is delaying a system update that would make users give explicit permission before the apps can track them for ad purposes. Apple postponed the update until early next year after Facebook and other companies warned it would be detrimental to their ad systems.SPAC Investor Ackman In Limited Talks With Stripe For IPOBillionaire investor Bill Ackman said hes had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public through a merger with Ackmans blank-check company.New Data: How Online Merchants Build Consumer Trust In The Digital 3.0 EconomyF Iplu Cutting The Expense Out Of Expense Management
Concardis, the German payments group, is about to receive final bids from buyout groups, which could give the company a value of more than $636 million.Reuters, citing people close to the matter, reported CVC, Bridgepoint and Advent/Bain are gearing up to hand in offers for Concardis, which is jointly owned by several German banks. The
stanley website report noted Wirecard, which was seen as a strategic suitor, dropped out of the running for Concardis.According to Reuters, Deutsche Bank is Concardis largest shareholder with a 16 percent stake, while Commerzbank, Unicredit and savings banks and cooperative banks own smaller stakes in the company, which offers card payment terminals and payment technology for online merchants. The service isnt viewed as a core business by its bank owners, noted the report. The report noted Concardis is hoping a new owner will spend more money in technology and expand the companys footprint, which is mainly in聽Germany at this point. Concardis had core earnings of 鈧?3.9 million and net profit of 鈧?4.2 million on sales of 鈧?80 million last year,
stanley quencher noted the report, adding Concardis expects core earnings to increase 7 percent in 2016.The report wen
gourde stanley t on to note that private equity groups have been interested in聽payment companies,聽with PE firms making investments in Worldpay, Nets and ICBPI. The investments were to develop and strengthen those companies ; businesses. More buyout deals are expected to happen in the payment sector, noted Reuters. Reuters pointed to
