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Popular Japanese messaging app Line just made its debut on the New York Stock Exchange, opening at $42 per share and offering up 22 million shares, according to CNBC.
RR On July 30 and 31, REI is holding a free weekend of Outdoor School, where people can choose from over 400 classes that are usually paid — like How to Ride a Bike and Introduction to Outdoor Rock Climbing — and attend them for free. ES • The latest New York Times/CBS News poll indicates that Hillary Clinton and Donald Trump would both receive 40% of support from voters—a departure from previous polls that reported Clinton had a six-percentage-point lead.
It's part of the brand's larger #Opt Outside campaign, an effort to transform the role of the retailer into a community builder. • The New York Times obtained the lineup for the Republican National Convention, which includes Rudy Giuliani, Peter Thiel, and Tim Tebow—but conspicuously does not list Sarah Palin as a speaker.
Since Line offers free calls and messaging, most of its revenue comes from games (which have been downloaded 628 million times), digital stickers, and ads.
Mastercard is expanding Masterpass, its one-touch online checkout option to the offline world.
The credit card company is unleashing an NFC-enabled tap-to-pay solution a la Apple Pay, so that customers can pay in-stores with Masterpass using their phone.
The new product is not unlike the one Visa debuted last month for its banking partners.
UPDATE, am: Shares of the company jumped more than 30 percent this morning, valuing it at more than $9 billion.Contactless payments for Masterpass is rolling out in two ways in the next month.Ally Bank, Associated, Bank of America, Bank of the West, BMO Harris Bank, Capital One, Central Bank, Citi, Fifth Third Bank, First Hawaiian Bank, First Tech Federal Credit Union, Key Bank, People's United Bank, Security Services Federal Credit Union, Sun Trust and Virginia Credit Union will all support Masterpass in-store tap-to-pay feature within their own Android banking apps.Additionally, Masterpass will have a stand alone app.Consumers can use the payment method at 5 million locations throughout 77 countries, according to the company.Notably, i Phone users will not be able to use Masterpass new in-store shopping experience, though of course they can still use Masterpass to make payments within mobile apps.