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Tuesday, September 10, 2019

Stripe launches a credit card

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THE DAILY CRUNCH
TUESDAY, SEPTEMBER 10 2019 By Anthony Ha

Stripe launches a corporate credit card, Jack Ma retires from Alibaba and Apple is about to announce the new iPhone. Here's your Daily Crunch for September 10, 2019.

1. Payments giant Stripe debuts a credit card in its latest step into the financing fray

Following the launch of its money-lending program Stripe Capital, the company is unveiling the Stripe Corporate Card, a Visa card open to businesses incorporated in the United States.

Those businesses can use the card without worrying about interest rates or fees — Stripe's Cristina Cordova said the company expects to have "fewer problems" with this, particularly because participants will be approved based on their revenue in the Stripe platform.

Stripe corporate card

2. Jack Ma officially retires as Alibaba's chairman

Ma is handing the role over to the company's current CEO, Daniel Zhang. The transition was announced a year ago.

3. Watch Apple unveil the new iPhone live right here

The event starts at 10am Pacific!

4. McDonald's acquires Apprente to bring voice technology to drive-thrus

The company has already been testing Apprente's technology in select locations, creating voice-activated drive-thrus (along with robot fryers) that it said will offer "faster, simpler and more accurate order taking."

5. Facebook tightens policies around self-harm and suicide

Facebook will no longer allow graphic cutting images, which can unintentionally promote or trigger self-harm.

6. Why am I seeing this ad? AI, ML & human error in advertising

Adboy founder Adam Zelcer investigates why he's being served irrelevant ads. (Extra Crunch membership required.)

7. The CEO of Naspers — one of the world's most powerful and lowest-flying investment firms — is coming to Disrupt

Naspers CEO Bob van Dijk is joining us to talk about the process of spinning out a new holding company called Prosus NV. We'll also ask about how the company thinks about new investments, including how it views different sectors and different geographies.

Get more stories at techcrunch.com 

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