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Japan Post, Rakuten tie-up in digital delivery, cashless pay

Japan’s postal system is investing 150 billion yen ($1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areas. Rakuten’s shares shot up 8.6% in Tokyo trading Friday on news of the tie-up with Japan Post. Japan Post’s gained 4.9%. Japan Post Holdings President Hiroya […]

E-cigarette market to reach $39 billion sales by 2030

While smoking has been a phenomenon for many centuries in human history, e-cigarettes are still in their nascent years, only being introduced in the later part of the 21st century. While its emergence was relatively low, and only used by chain smokers looking for a way out, the explosive rise of JUUL really propelled the […]

Netflix tests out a possible password-sharing crackdown

Netflix is testing a way to crack down on password sharing. The popular streaming service has been using popups to ask some users to verify their account via email or text, or to “verify later.” “If you don’t live with the owner of this account, you need your own account to keep watching,” the screen […]

As climate fight shifts to oil, Biden faces a formidable foe

President Joe Biden’s bid to tackle climate change is running straight through the heart of the U.S. oil and gas industry — a much bigger, more influential foe than Democrats faced when they took on the coal industry during the Obama years. Coal dominated U.S. power generation for decades, with the bulk of that fuel […]

Uber, Lyft team up on database to expose abusive drivers

Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years. The clearinghouse unveiled Thursday will initially list drivers expelled by the ride-hailing rivals in the U.S. But it will also be open to […]

Clubhouse Media Group launches an innovative Creator advisory panel

Clubhouse, the growing social media conglomerate that also encompasses a digital studio subsidiary, software division, and an worldwide network of professionally operated content and influencer houses, announced this week its new content Creator advisory panel—a first for the industry. The seven-member committee will be composed of professionals across various sectors, including peer influencers, Clubhouse executives […]

Gig economy shifts: Spain makes delivery riders employees

The Spanish government on Thursday announced legislation that classifies food delivery riders as employees of the digital platforms they work for, not self-employed, in a legal change that could have far-reaching consequences for Spanish businesses. The legislation also includes a groundbreaking requirement for companies operating the platforms, such as Glovo and Deliveroo, to hand over […]

Fire at French cloud computing firm disrupts websites

Numerous companies and websites in France suffered outages and disruptions to services after a fire swept through a cloud computing provider’s facility. Disruption continued Thursday after OVH said the fire erupted early Wednesday in a room at one of its data centers in Strasbourg in eastern France. No one was injured in the blaze, which […]

China moves to tame rapidly growing Tech sector, with Alibaba at the helm

Chinese antitrust regulators are considering a record fine to slap on e-commerce titan Alibaba Group along with smaller fines against other leading technology companies in a bid to tame China’s sprawling tech industry, The Wall Street Journal reported on Thursday citing people familiar with the matter. The regulator has already issued fines on Friday to […]