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 […]
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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 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 […]
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 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, 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 […]
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 […]
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 […]
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 […]
What was innovative yesterday is already obsolete by tomorrow. This is more true now than ever in the era of the pandemic which, in many cases, intensifies and accelerates this process. The speed of development is and will always remain high in the telecommunications industry. And here it is clear: COVID-19 is challenging for the […]