Category: Marcus
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David Marcus: From PayPal President To Bitcoin Believer
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David Marcus takes his experience as the former head of PayPal and Meta Messenger and applies it to building on Bitcoin’s Lightning Network. At the first Lightspark Partner Summit, LightSpark Synche and his team have unlocked new capabilities for Universal Money Address (UMA) The standard was launched one year ago.…
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Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal By Reuters
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(Reuters) – Saks Fifth Avenue parent HPC Inc said on Monday it will acquire department store chain Neiman Marcus Inc in a $2.65 billion deal, giving it stronger negotiating power with vendors and greater control over costs. The deal comes as luxury retailers face slowing demand as higher interest rates…
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Saks owner to buy Neiman Marcus, source says By Reuters
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Written by Ananya Mariam Rajesh and Greg Roumeliotis (Reuters) – The parent company of Saks Fifth Avenue has agreed to buy rival Neiman Marcus, a source familiar with the matter told Reuters on Wednesday, in a move expected to give the struggling luxury retailer more power to negotiate with sellers.…