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San Francisco Votes To Ban eCigarettes

PYMNTS

In a ban that would be the first of its kind to go into effect in the United States, San Francisco has voted to prohibit the sale of eCigarettes. While the law is reportedly geared toward all eCigarette firms, the report noted that the legislation “has to feel personal” for San Francisco-based Juul Labs Inc.

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Shifting The Used Car Market Into Overdrive

PYMNTS

He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4

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Momentum Machines Gets $18M In Venture Funding For San Francisco Restaurant Run By Its Burger Bot

PYMNTS

Momentum Machines introduced its fully autonomous burger bot in 2012, and now, with news of an $18 million venture capital funding round , it’s one step closer to opening its flagship San Francisco restaurant based around the prototype, which has been in the works since June of last year. Whenever it finally comes to fruition.

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FinTech Revolut’s Losses Triple As Customer Base Grows

PYMNTS

Revolut attributed the losses to its expansion into new markets and the introduction of new products. Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The latest infusion of cash came from TSG Consumer Partners , a San Francisco-based private equity company.

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Top 5 Fintech Fundings: Credit Scoring in China and AI for the Stock Market

Bank Innovation

That trend continues this week, with some San Francisco-grown AI thrown into the mix. Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. This Read More.

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Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco.

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Epic Games Loses Bid For Immediate Access To Apple App Store

PYMNTS

Epic sued Apple in August, accusing the technology giant of violating laws that restrict anti-competitive behavior. WSJ quoted David Hoppe, a technology and media lawyer at Gamma Law in San Francisco who is not involved in the case, as having said the ruling hurts Epic. A federal judge Friday (Oct.9)

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