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The company is partnering with UnionPay, the overwhelmingly dominant payment network in China ahead of Visa, MasterCard and American Express . And like in the U.S. and the U.K., Apple is also partnering with the biggest local banks so that they support Apple Pay from day one. 19 banks are on board, including ABC, CCB, CMB, ICBC and more.This is only the third real rollout for Apple Pay after the U.S. and Canada. Apple Pay is also available in Canada, Australia, Hong Kong, Singapore and Spain, but the service only supports American Express cards in those countries. Apple has had troubles signing partnerships with banks in some countries and has chosen to partner exclusi
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This can be confusing.However, TechCrunch is here to demystify startup lingo into a more common聽lingua franca. The startup kids, after all, are worth trying to understand. One or two of them might even build something usable.So, without further ado, I give you How To Speak Startup:Acqui-hire 鈥?A strategy for acquiring talent pioneered by Google in the mid-2000s that happens when a bigger company thinks your team is good but your idea is
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stanley cup spain 221;Failure 鈥?A bad thing that the Silly Valley has recently put on a pedestal as something to be celebrated.Cashflow Positive 鈥?Someone gave us a dollar.Pivot 鈥?What happens when a company realizes its聽course of action is not living up to expectations. The classic historic example is The Point, which became Groupon aft
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