2010 Online Operations 
PYMNTS
MAY 19, 2020
The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010. More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18).
PYMNTS
JANUARY 8, 2021
on its brick-and-mortar operation. Family Video , which operates some 200 stores in 17 Midwest and Southern states, announced this week that it’s closing all physical locations after four decades in the business. Industry leader Blockbuster Video went from a peak of more than 9,000 stores in 2004 to filing for bankruptcy in 2010.
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PYMNTS
FEBRUARY 5, 2019
CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.
PYMNTS
JUNE 23, 2020
The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number is the highest since 2010’s 44 percent, the index says. The number of small U.S. companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports.
PYMNTS
MARCH 5, 2019
“What we can share at this stage is that we are conducting test operations during this early phase,” a JD.com spokeswoman said. Even though Google search hasn’t been accessible in China since 2010, the company maintains sales and engineering teams in the country.
PYMNTS
SEPTEMBER 28, 2020
Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. By and large, Italian consumers first encountered Amazon as a group that firmly preferred shopping in person and paying in cash.
Bank Innovation
FEBRUARY 6, 2019
In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce. Now, based on the events of the last couple years, no one holds “so Panglossian a view,” said the 30-year-old chief executive officer.
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