Thousands Descend on Miami to Glorify Bitcoin

It was the largest Bitcoin event in the world and the first major in-person crypto conference since the pandemic started. The jargon, the liquor and the millionaire talk flowed.

#banking-and-financial-institutions, #bitcoin-currency, #computers-and-the-internet, #coronavirus-2019-ncov, #dorsey-jack, #high-net-worth-individuals, #mobile-commerce-and-payments, #nonfungible-tokens-nfts, #quarantine-life-and-culture, #social-media, #suarez-francis-x-1977, #twitter, #virtual-currency, #winklevoss-cameron, #wynwood-miami-fla, #zed-run-digital-platform

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Can Snapchat Win the War Against TikTok?

Evan Spiegel, the C.E.O. of Snap Inc., says he knows what users want: “fame, fortune” — and wearable A.R.

#augmented-reality-computers, #facebook-inc, #instagram-inc, #mobile-commerce-and-payments, #snap-inc, #social-media, #spiegel-evan, #tiktok-bytedance

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Apple’s App Store Draws E.U. Antitrust Charge

By forcing app developers to use its payment system and comply with other rules, regulators said Apple broke European Union competition laws.

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #apple-inc, #e-commerce, #europe, #european-commission, #european-union, #mobile-applications, #mobile-commerce-and-payments, #regulation-and-deregulation-of-industry, #software, #vestager-margrethe

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A Global Tipping Point for Reining In Tech Has Arrived

Never before have so many countries, including China, moved with such vigor at the same time to limit the power of a single industry.

#alibaba-group-holding-ltd, #amazon-com-inc, #ant-financial-services-group, #antitrust-laws-and-competition-issues, #apple-inc, #artificial-intelligence, #australia, #baidu-inc, #beijing-bytedance-technology-co-ltd, #censorship, #china, #computers-and-the-internet, #data-mining-and-database-marketing, #e-commerce, #europe, #european-commission, #facebook-inc, #law-and-legislation, #lobbying-and-lobbyists, #mobile-applications, #mobile-commerce-and-payments, #politics-and-government, #privacy, #regulation-and-deregulation-of-industry, #rumors-and-misinformation, #search-engines, #social-media, #united-states

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Alibaba Faces $2.8 Billion Fine From Chinese Regulators

The penalty is Beijing’s toughest action to date in its campaign to tighten supervision of the country’s internet Goliaths.

#alibaba-group-holding-ltd, #ant-financial-services-group, #antitrust-laws-and-competition-issues, #china, #computers-and-the-internet, #fines-penalties, #ma-jack, #mobile-commerce-and-payments, #regulation-and-deregulation-of-industry

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The Start-Up Enemies of Wall Street Are Booming

Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment.

#affirm-inc, #banking-and-financial-institutions, #brex-inc, #coinbase-inc, #computers-and-the-internet, #coronavirus-2019-ncov, #e-commerce, #initial-public-offerings, #mobile-applications, #mobile-commerce-and-payments, #robinhood-financial-llc, #start-ups, #stripe-inc, #venture-capital

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A Smarter App Is Watching Your Wallet

As artificial intelligence evolves, personal finance programs are working to offer you, and your budget, tailored advice.

#artificial-intelligence, #banking-and-financial-institutions, #budgets-and-budgeting, #content-type-service, #credit-cards, #mobile-commerce-and-payments, #personal-finances, #savings

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China Charges Ahead With a National Digital Currency

The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.

#alipay, #banking-and-financial-institutions, #bitcoin-currency, #computers-and-the-internet, #currency, #innovation, #mobile-applications, #mobile-commerce-and-payments, #peoples-bank-of-china, #politics-and-government, #renminbi-currency, #virtual-currency, #wechat-mobile-app

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Bitcoin and Dogecoin Are Boosted by Elon Musk

Bitcoin and even Dogecoin, which began as a playful experiment, are soaring in value as billionaires, companies and celebrities promote the digital currencies.

#bitcoin-currency, #celebrities, #computers-and-the-internet, #dogecoin-project, #electric-and-hybrid-vehicles, #hedge-funds, #mobile-applications, #mobile-commerce-and-payments, #musk-elon, #snoop-dogg, #social-media, #tesla-motors-inc, #virtual-currency

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The Tech That Will Invade Our Lives in 2021

Spoiler: We’re looking at another year of internet services dominating many aspects of our lives.

#apple-inc, #apple-pay, #artificial-intelligence, #augmented-reality-computers, #computers-and-the-internet, #coronavirus-2019-ncov, #facebook-inc, #mobile-applications, #mobile-commerce-and-payments, #oculus-vr-inc, #shopping-and-retail, #software, #videophones-and-videoconferencing, #wireless-communications

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Ant Challenged Beijing and Prospered. Now It Toes the Line.

The tech giant, which is preparing for a mega I.P.O., has transformed personal finance in China. Regulators have taken notice.

#alibaba-group-holding-ltd, #alipay, #ant-financial-services-group, #banking-and-financial-institutions, #china, #e-commerce, #initial-public-offerings, #ma-jack, #mobile-commerce-and-payments, #personal-finances

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When Your Last $166 Vanishes: ‘Fast Fraud’ Surges on Payment Apps

People are getting defrauded as they turn to Square’s Cash App and PayPal’s Venmo to do more online banking in the pandemic.

#banking-and-financial-institutions, #computers-and-the-internet, #consumer-reviews, #coronavirus-2019-ncov, #customer-relations, #e-commerce, #frauds-and-swindling, #mobile-applications, #mobile-commerce-and-payments, #paypal, #security-and-warning-systems, #square-inc, #zelle-early-warning-services-llc

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Apple and Epic Games Spar Over Returning Fortnite to the App Store

The two companies argued in federal court over Apple’s power over apps, as their fight heads to trial next year.

#antitrust-laws-and-competition-issues, #apple-inc, #computer-and-video-games, #computers-and-the-internet, #decisions-and-verdicts, #epic-games, #mobile-applications, #mobile-commerce-and-payments, #software, #suits-and-litigation-civil, #sweeney-tim-1970

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Google Demands Its 30% Cut From App Developers in Play Store

Some companies like Netflix and Spotify had avoided making the payment when people paid for something inside their apps.

#android-operating-system, #apple-inc, #computers-and-the-internet, #google-inc, #google-play, #mobile-applications, #mobile-commerce-and-payments

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Free the Apps!

Apple and Google have a virtual monopoly on distributing mobile apps — that’s bad for competition.

#android-operating-system, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #cook-timothy-d, #e-commerce, #epic-games, #google-inc, #mobile-applications, #mobile-commerce-and-payments, #prices-fares-fees-and-rates, #smartphones, #software, #suits-and-litigation-civil, #sweeney-tim-1970

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To Fight Apple and Google, Smaller App Rivals Organize a Coalition

Spotify, Match Group, Epic Games and others have created a nonprofit alliance that they hope will amplify a protest against the power of the giants.

#antitrust-laws-and-competition-issues, #apple-inc, #basecamp-llc, #blockchain, #computer-and-video-games, #computers-and-the-internet, #epic-games, #google-inc, #match-group-inc, #mobile-applications, #mobile-commerce-and-payments, #smartphones, #software, #spotify, #sweeney-tim-1970

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Trump Wants to Cripple TikTok and WeChat. Why?

He says that they are a security threat. If so, it is time to show the world the evidence.

#beijing-bytedance-technology-co-ltd, #chinese-americans, #commerce-department, #computers-and-the-internet, #instant-messaging, #mergers-acquisitions-and-divestitures, #mobile-applications, #mobile-commerce-and-payments, #politics-and-government, #ross-wilbur-l-jr, #social-media, #tiktok-bytedance, #trump-donald-j, #wechat-mobile-app

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‘It’s So Essential’: WeChat Ban Makes U.S.-China Standoff Personal

When downloads of the Chinese-owned messaging service are barred in the U.S. starting at midnight on Sunday, the feud between the countries will hit home for millions of people.

#beijing-bytedance-technology-co-ltd, #commerce-department, #instant-messaging, #mobile-commerce-and-payments, #politics-and-government, #social-media, #tencent-holdings-ltd, #tiktok-bytedance, #videophones-and-videoconferencing, #wechat-mobile-app

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Explaining Trump Ban on TikTok, WeChat

The Commerce Department announced that it was prohibiting downloads of WeChat and TikTok in U.S. app stores. Here’s what you need to know.

#commerce-department, #computer-security, #computers-and-the-internet, #content-type-service, #instant-messaging, #mobile-applications, #mobile-commerce-and-payments, #social-media, #software, #tiktok-bytedance, #trump-donald-j, #united-states, #wechat-mobile-app

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Who Gets Hurt When the World Stops Using Cash

Some people don’t have credit or debit cards, so a growing number of state and local governments are requiring businesses to accept cash.

#consumer-protection, #content-type-service, #coronavirus-2019-ncov, #coronavirus-risks-and-safety-concerns, #credit-cards, #debit-cards, #hygiene-and-cleanliness, #mobile-commerce-and-payments, #personal-finances, #shopping-and-retail, #us-dollar-currency

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Why Does Walmart Want to Buy TikTok?

The app’s Chinese version, Douyin, is trying to become a mobile marketplace where video stars promote products. That could be a model for the U.S. retail giant if it acquires TikTok.

#china, #e-commerce, #mobile-applications, #mobile-commerce-and-payments, #pinduoduo-mobile-app, #tiktok-bytedance, #walmart-stores-inc

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To Fight Apple and Google’s Grip, Fortnite Creator Mounts a Crusade

Tim Sweeney, chief executive of Epic Games, the maker of Fortnite, has railed against tech power. “The market is out of control,” he said.

#antitrust-laws-and-competition-issues, #apple-inc, #computer-and-video-games, #computers-and-the-internet, #epic-games, #google-inc, #google-play, #mobile-applications, #mobile-commerce-and-payments, #prices-fares-fees-and-rates, #software, #suits-and-litigation-civil, #tim-sweeney

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How Apple’s 30% App Store Cut Became a Boon and a Headache

App makers like the game company Epic and the music service Spotify are challenging Apple’s right to a large cut of their sales. Regulators have taken notice.

#antitrust-laws-and-competition-issues, #apple-inc, #e-commerce, #epic-games, #google-inc, #mobile-applications, #mobile-commerce-and-payments, #prices-fares-fees-and-rates, #spotify

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Apple Bans Fortnite From Its App Store

The hugely popular gaming app was removed by Apple after it said Fortnite’s creator, Epic Games, violated its App Store guidelines.

#apple-inc, #computer-and-video-games, #epic-games, #mobile-applications, #mobile-commerce-and-payments

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Trump’s Orders on WeChat and TikTok Are Uncertain. That May Be the Point.

The restrictions on the two Chinese-owned apps followed a familiar model for other policy announcements on China from the Trump administration.

#international-trade-and-world-market, #mobile-applications, #mobile-commerce-and-payments, #social-media, #tencent-holdings-ltd, #tiktok-bytedance, #trump-donald-j, #united-states-politics-and-government, #wechat-mobile-app

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The Boohoo Disaster, Explained

Boohoo was one of the fastest-growing retailers in Britain. Now the company is in trouble after revelations about working conditions in supplier factories.

#e-commerce, #england, #factories-and-manufacturing, #fashion-and-apparel, #fashion-nova-inc, #green-philip, #hm-hennesmauritz-ab, #instagram-inc, #jenner-kylie, #kane-carol, #leicester-england, #manchester-england, #marksspencer-plc, #mobile-commerce-and-payments, #shopping-and-retail, #wages-and-salaries, #workplace-hazards-and-violations, #your-feed-fashion

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Deutsche Bank May Offer Wirecard a Lifeline

Deutsche Bank said it was considering offering emergency financing to the hobbled German fintech giant, which has filed for insolvency.

#braun-markus-1969, #deutsche-bank-ag, #federal-financial-supervisory-authority-bafin-germany, #mobile-commerce-and-payments, #wirecard-ag

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Behind Wirecard’s Collapse: Allegations of Lies, Spies and Missing Billions

Markus Braun built Wirecard to “conquer the world,” but those aspirations attracted skeptics. Its accounting scandal has sent shock waves through Germany.

#accounting-and-accountants, #banking-and-financial-institutions, #braun-markus-1969, #credit-cards, #cyberattacks-and-hackers, #ernstyoung, #financial-times, #frauds-and-swindling, #germany, #mobile-commerce-and-payments, #phishing-computer-fraud, #wirecard-ag

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Square, Jack Dorsey’s Pay Service, Is Withholding Money Merchants Say They Need

Small businesses say the Twitter chief’s other company is holding on to 30 percent of their customers’ payments during the pandemic.

#computers-and-the-internet, #consumer-protection, #coronavirus-2019-ncov, #credit-cards, #dorsey-jack, #layoffs-and-job-reductions, #mobile-commerce-and-payments, #small-business, #square-inc

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Instagram Wants Its Influencers to Make More Money

The platform announced updates aimed at helping creators monetize their audience.

#advertising-and-marketing, #instagram-inc, #mobile-commerce-and-payments, #online-advertising, #social-media

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Facebook-Backed Libra Cryptocurrency Project Is Scaled Back

After months of criticism, the cryptocurrency is moving ahead with significant revisions.

#computers-and-the-internet, #coronavirus-2019-ncov, #currency, #facebook-inc, #libra-currency, #mobile-commerce-and-payments, #politics-and-government, #regulation-and-deregulation-of-industry, #social-media, #virtual-currency

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