Protected: From Couches to Crypto: Inside Overstock’s Shaky Efforts to Become a Blockchain Pioneer
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After Voting Startup Fails to Pick Up, Overstock Needs to Rethink Its Blockchain Future
When Overstock invested $2.2 million into the blockchain-based voting app, Voatz, this summer, company executives probably didn’t imagine it would be called “the Theranos of voting” before midterms came around. Overstock’s intent for the startup was to bring the...
Despite Signs of Strength on eCommerce Side, Overstock Aims to Shed Retail Arm
If the dollar ever fails in the U.S., Overstock.com has a backup plan: cryptocurrency. But if selling its retail business does—not so much. Shares of the online furniture giant plunged 11% November 8 after company executives suggested they were uncertain about finding...
Overspending on Monthly Subscriptions is Putting a Dent in Your Savings
Your Netflix binge-watching habit could be holding you back from your financial goals. Overpaying for monthly subscription services, from video-streaming sites to gym memberships, could contribute to debt, according personal finance experts. And U.S. consumers are...
Overstock Subsidiary Medici Ventures Invests in Crypto Wine Startup
Overstock.com, Inc. is setting its foot in the startup market—again. The online furniture retailer’s blockchain-focused business, Medici Ventures, has invested in an Israel-based platform that aims to streamline wine futures trading and reduce fraud through...
Corporate Strategy Spending Amid Tax Cut Gives Retail Stocks a Boost
Retail is not dead. In fact, many retail stocks have been given new life thanks to the Republican tax cut. With extra cash to spend on corporate strategies, many companies have revamped their e-commerce business and upgraded physical stores—improvements that have...Investment Journal
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