Facebook’s Libra Crypto Coin: 5 Things We Know, and 5 We Don’t

Thanks;Joe Weisenthal Published;June 22, 2019, 6:00 AM EDT A visual representation of a digital cryptocurrency coin sits on display in front of a Facebook logo on June 17, 2019 in Paris, France.  Photographer: Chesnot/Getty Images Europe Facebook Inc. unveiled plans for a new cryptocurrency called Libra this week. When it launches in 2020 or later, it will be…

Supreme Court allows lawsuit over Apple’s iPhone apps to proceed

Thanks; Brent Kendall, Tripp Mickle Published: May 13, 2019 11:21 am ET The lawsuit claims Apple has unfairly monopolized the market for the sale of iPhone apps WASHINGTON—The Supreme Court ruled Monday that consumers can proceed with an antitrust lawsuit challenging Apple Inc.’s AAPL-5.81%   exclusive control over the marketplace for iPhone apps, threatening the tech giant’s slice of…

Ginni Rometty says IBM will be Number One in a new trillion dollar cloud market

Thanks;Julie Bort  Published; Jan,24, 2019, 8:29 PM IBM CEO Ginni Rometty says IBM will become the biggest player in a new cloud computing market that she says will be worth $1 trillion.  Or so Rometty told Maria Bartiromo on “Fox Business Network’s Mornings With Maria” in an interview from Davos, Switzerland.  The market is called hybrid cloud,…

S. Korea aims to become No. 4 robotics player by 2023

Thanks; Shin Ji-hye Published; Mar 22, 2019 – 16:44  South Korea plans to turn the nation’s robotics technology into a 15 trillion-won ($13.3 billion) industry, with the aim of becoming the fourth-largest player in the world by 2023.  “Traditional manufacturing sectors can be transformed into future industries by making use of robots,” said President Moon Jae-in…

The Payment Industry Ecosystem: The trend towards digital payments and key players moving markets

Thanks;Jaime Toplin Published;Dec. 21, 2018, 11:44 AM Payments ecosystem 2019: Key players in payments value chain This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. The digitization of daily life is making phones and connected devices the preferred payment tools for consumers — preferences that are causing digital…

Visa and MasterCard to cap fees for non-EU travellers

Thanks; ANDREW PENTOLWednesday, 2 January 2019 13:50 Published;Wednesday, 2 January 2019 13:50 MasterCard and Visa have offered to cap face-to-face transactions at 0.2% for debit and 0.3% for credit transactions. The European Commission has announced that non-EU MasterCard and Visa debit and credit cards used in European stores will have the same rates of interchange fees…

Readers React: Plastic straw ban a start to improving environment

Thanks;Marlena Ruser Published;December,19 @6.55am Duke Moscrip, owner of Duke’s Restaurants, displays paper straws at his business in Seattle, where plastic straws were banned July 1. (Greg Gilbert / The Seattle Times via AP) The recent movement to ban plastic straws by many large corporations is an important step in Big Business accepting that there are…