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 […]
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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 […]
Intel announced on Monday manufacturing plans for its brand-new consumer Graphical Programming Units (GPU) dubbed as Intel Arc, which will rival some of the biggest names in the industry with its modern high-end discreet GPUs. The chip manufacturer’s journey kicks off with innovative graphics solutions aiming to deliver high-performance gaming, engaging visuals, and consistent game streaming […]
The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system after a series of collisions with parked emergency vehicles. The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year. Of the crashes identified by the National Highway Traffic […]
Following a retrial in a patent dispute, a Texas jury decided on Friday that Apple should settle $300 million in royalties as a division of a global fight with Optis Wireless Technology concerning the iPhone maker’s ownership of patents on the LTE cellular standard. The trial mostly highlighted the sum Apple should pay PanOptis Patent Management and its Optis Cellular and Unwired […]
A deadly virus on the loose and a global lockdown, scenarios only seen in Sci-Fi movies, quickly became a reality to most of humanity. Naturally, several industries took a major blow, as life was on pause indefinitely. Luckily, technology doesn’t stop for anyone. The tech industry continued to develop, even after outbreaks overwhelmed countries. The rate in which technological […]
U.S. Senate introduced on Wednesday its latest bill directed at tech powerhouses Google and Apple to restrain their app stores’ influence on the market. The “Open App Market Act,” initiated and sponsored by senators Richard Blumenthal, Amy Klobuchar, and Marsha Blackburn would play a restrictive role in some of the largest app marketplaces, which according […]