Cuba’s government said Thursday it will recognize — and regulate — cryptocurrencies for payments on the island. A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba. The popularity of such currencies has grown among a technologically […]
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Automakers are constantly introducing new models and nameplates to their lineups to meet consumer preferences and to keep their lineup fresh. With that comes the need to cycle older models out. These discontinuations aren’t promoted, and shoppers often don’t realize they’re gone until it’s too late. With this in mind, Edmunds’ experts highlighted five outgoing […]
Facebook announced on Tuesday the launch of its Marketplace service to 37 countries and territories across Sub-Saharan Africa. The service is considered as a convenient destination where people can discover, buy, and sell items from others in their local communities, simply by tapping on the Marketplace icon to browse and search for items, or filter […]
Ericsson CEO, Borje Ekholm, expressed deep concerns over the U.S.-China tech war, arguing that the west might get deprived of accessing China’s R&D if global mobile standards are torn between both China’s and the West’s 6G efforts, reaching 5G network’s final stages. Swedish telecoms vendor Ericsson continuously demonstrated its unbiased stance regarding the geopolitical aspect of […]
Best Buy raised its sales outlook for the year Tuesday after breezing past Wall Street expectations in the second quarter. The nation’s largest consumer electronics chain joined other major retailers including Walmart, Target and Macy’s in putting up banner numbers, suggesting that Americans have continued to be spend even as the delta variant spreads. Department […]
Global transaction value of instant payments is expected to surpass $27.7 trillion in 2026, from just $4.8 trillion in 2021, according to a new report published on Tuesday. The report was published by U.K.- based Juniper Research, an analyst house specializing in digital technology market research, revealed that the growth percentage will amount 470 percent. […]
U.S.- based audio chat app Clubhouse announced earlier this week safety measures to protect Afghan users living in the Taliban-ruled country. As the Taliban regained control in Afghanistan earlier this month, many residents tried to delete photos from their social media accounts and phones showing any connection to the West, or the former Afghan government. […]
On Tuesday, Cryptocurrency trading platform, Binance revealed that it had hired Greg Monahan, a former IRS criminal investigator as the platform’s Global Money Laundering Reporting Officer (GMLRO), to investigate crypto money laundering allegations. As it bets on reinforcing its existence in the digital currencies market, Binance played its latest card to reinvent itself as a […]
Prominent players operating in the POS terminals market comprise of NEC Corporation, VeriFone Inc., Ingenico Group, PAR Technology Corporation, NCR Corporation, Posiflex Technology, Inc., and others. The global POS terminals market is poised to register appreciable gains through the forthcoming years, owing to the increasing adoption of corporate strategies such as mergers and acquisitions by […]
Facebook announced on Thursday new security measures for users in Afghanistan, as the Taliban regained control over the country after its government collapsed this week. “We’ve launched a one-click tool for people in Afghanistan to quickly lock down their account. When their profile is locked, people who aren’t their friends can’t download or share their […]