60% of Card Payments in Europe are Contactless
European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU
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Microsoft Considers $10B Investment into OpenAI
If Microsoft investment takes place, OpenAI – the startup behind the ChatGPT chatbot – will be valued at $29 billion
Research: eSIM Market to Reach $4 Billion Globally in 2023
As Apple innovation disrupts the smartphone industry, eSIM market is poised to be valued at $4.7 billion in 2023, rising to $16.3 billion by 2027
UK Fintech Funding Slashed by 8%
Fintech funding in the UK remained ahead of the levels seen in Europe and Asia amid a sharp global slowdown, but still decreased about 8% compared to its 2021 value
CES 2023 Showcases Touch and Smell Tech for Metaverse
Metaverse needs more customised and real-life-like user experiences such as the integration of the senses of smell and touch into VR experiences, as demonstrated at CES 2023
ChatGPT Helps Students Cheating, OpenAI Works on Mitigation
US Educators are blocking the use of ChatGPT on its premises, while the company behind it develops a solution to help spot the AI-generated texts
Stellantis to Turn Vehicle Data into Apps and Services
The global automaker and mobility provider Stellantis introduces an independent business unit, dedicated to data as a service (DaaS) business, innovative B2B products, applications and services
You Should Plant 430 Million Trees to Offset Yearly Crypto Mining: Research
A new study from Forex Suggest reveals 431.6 million trees would need to be planted to amend bitcoin mining pollution over the last year only, not to mention the impact of other crypto activities
Meta Disputes $400M Fine over Personalised Ads
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
CaixaBank to Explore AI Use for Cybersecurity
CaixaBank participates in the European research consortium along with eleven international entities to improve cybersecurity by leveraging AI and big data
Apple’s Market Cap Falls Below $2T as Deliveries Decline
Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion
Ethereum vs Bitcoin: Which Crypto was More Popular in 2022?
Total transactions on the Ethereum network outstripped Bitcoin more than fourfold, although Bitcoin remained the leader in online search interest
Virtual Employees Hired in China for $14K a Year
While US companies are slow to adopt virtual employees trend, China’s cyberspace has doubled its “hiring” of digitised human beings
New AI Service QuickVid Generates Videos with Voiceovers
A new AI-enabled web service QuickVid combines several generative systems to automatically create short-form YouTube, Instagram, TikTok and Snapchat videos
Microsoft to Acquire a Stake in London Stock Exchange
The symbiosis between the two giants of the tech industry and traditional markets will also involve the creation of new products able to “revolutionize the way financial advisers provide advice to their clients”
Basics Of Data Backup: Why Is It So Important And What Tools Can Help You
Isabella Goode Author With the constant development of technology, bringing parts of your business to the digital dimension is easier than ever. Even though it might make your work easier and more efficient, working online comes with its risks and dangers. Malware and hackers are only a few of the threats you must be […]
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