Australian fintech Zip announced on Monday that it will acquire U.S.-based competitor Sezzle in an all-stock deal valued at $354 million. The companies, which let shoppers buy goods online and pay off purchases in short-term, interest free installment loans, said last month that they had been discussing a deal. The acquisition, which is expected to close in the third quarter, will help Zip become...
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Creator Economy entertainment
The Rise of Influencer Scams and Scandals
A new Hulu docuseries out on Monday called “The Age of Influence” examines the underbelly of the influencer world, from people who’ve used social media to perpetuate scams and fraud to child abuse happening behind the scenes of a popular kids YouTube channel.The show, produced by Part2 Pictures for ABC News Studios, looks at lesser known scandals involving social media that haven’t risen to the...
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