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TomTom Sells Telematics Unit In Ongoing Push With Google Maps

PYMNTS

In 2007, at the company’s peak, it was worth about $65 a share. Leadership at TomTom tout the sale as one that will allow it to continue moving forward toward its goals. In September, Google signed exclusive deals with carmakers like Renault, Nissan and Mitsubishi in an effort to push android and Google Maps to those maker’s cars.

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Alibaba’s Zhang To Become Executive Chairman

PYMNTS

Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive. According to the Wall Street Journal Zhang, who is 46, will take on the leadership role at China’s biggest eCommerce company.

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Why Does The Path To Retail Innovation Go Through So Many Labs?

PYMNTS

Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. Amazon’s innovation lab effort, launched in 2004, is where employees developed such products as the first Kindle eReader in 2007, followed by Amazon Fire TV and Amazon Echo. Lab Changes.

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Walmart Adds Another eCommerce Purchase To The Pile

PYMNTS

Shoes.com shut down its online sites and brick-and-mortar operations in January. Founded in 2007, Bonobos sells dress pants, suits and outerwear via its website and later through Nordstrom. Reports indicated that going forward, shoppers heading to shoes.com will be sent to a new homepage on Shoe.com.

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Best Community Banks to Work For 2022

Independent Banker

On Thanksgiving 2007, he founded Bank of Montana, which now has one branch and 13 employees. Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Reasons to stay. Two of us have gotten to take it so far.

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The Many Pivots On The Path To A Multi-Million Dollar Skincare Brand

PYMNTS

The problem, it turned out, was that in 2007 when this project was first lifting off the ground, regulations in most states made this model basically illegal. Sunscreen, much to Thaggard’s surprise, was viewed as an over-the-counter drug in most states in 2007, meaning children couldn’t self administer it in a public school.

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Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. Founded in 2007 with a focus on community development, the community development financial institution (CDFI) has goals that extend far beyond its West Coast communities.

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