For months, Gabrielle Walker had been looking for a part-time job. She applied to restaurant chains and retailers like Nando’s and Primark, and she scoured the job search site Indeed. Nothing. Then one day, Walker, a 19-year-old student at University College London, was scrolling through TikTok and stumbled on a video about an app called […]
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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. […]
A1 Telekom Austria Group granted on Monday to Scandinavian network equipment suppliers Nokia and Ericsson 5G contacts in Bulgaria, Croatia, Serbia, and Slovenia. This step follows the group’s purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia earlier last week. As for the geographical distribution between the two chosen […]
Walmart says it will start commercializing its delivery service, using contract workers, autonomous vehicles and even drones to deliver other retailers’ products directly to their customers’ homes as fast as just a few hours. The Bentonville, Arkansas-based retailer launched delivery and Express delivery for its shoppers three years ago on more than 160,000 items from […]
As the Taliban negotiates with senior politicians and government leaders following its lighting-fast takeover of Afghanistan, U.S. social media companies are reckoning with how to deal with a violent extremist group that is poised to rule a country of 40 million people. Should the Taliban be allowed on social platforms if they don’t break any […]
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 […]
Japan’s global chip manufacturing thrown is finally usurped as it fears U.S.’s tactics of pouring billions of dollars to deflect from China’s overtake of Japan’s semiconductor industry. The time has come, after three long decades overwhelmed with success in the chip manufacturing industry, Japan’s industry ministry announced that the nation’s share of the world’s chip […]
Mastercard announced on Thursday its plans to halt the issuance of cards with a magnetic strip by 2033. The global financial firm will have strip-less debt and credit cards in Europe starting from 2024, and across the globe by 2033, Mastercard declared in a statement. The company claimed that it will be the first payments network to phase out the technology, which dates to the 1960s. “Magnetic strip is reaching its expiration date with […]
The Taliban’s content will remain banned on Facebook, the company confirmed to Sky News on Tuesday, as the group is considered a dangerous terrorist organization under the site’s policies. The Taliban seized power over Afghanistan nearly 20 years after the U.S. war with the country ended. However, the organization is listed under a Specially Designated […]
Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes. “We’re not simply going back to the economy that we had before the pandemic,” Powell said at a Fed virtual town hall for educators […]