Tag: buying

    Facebook Buying $100 Million Worth of Unpaid Invoices from 30K Small Businesses

    Facebook announced it is buying $100 million of unpaid invoices from 30,000 women and minority-owned businesses. The goal is to buy these outstanding invoices through the Facebook Invoice Fast Track program so these owners can have cash on hand to keep their operations going.Facebook Buying $100 Million Worth of InvoicesAccording to Facebook, the $100 million…

    Why is a bank buying Zagat parent The Infatuation?

    JPMorgan Chase said it is acquiring The Infatuation, a popular restaurant recommendation website, which includes the Zagat brand, a restaurant review platform. The move reflects the bank’s expansion into the dining business as it caters to its big-spending credit card customers.The Infatuation will retain its independent point of view and operate as its own brand under…

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