In China, the abacus was mentioned by the Eastern Han Dynasty (25-220 A.D.). During the Song Dynasty (960-1279), the Chinese were the first to use paper money.
In late 2013, many Chinese raved about Yú’é Bǎo, 余额宝 (“leftover treasure”), a money market fund offering roughly double the interest rates banks did. Launched by Alipay, an Alibaba subsidiary, the fund attracted 150 million clients and $93 billion within 18 months, a phenomenal feat.
Continue reading “China is disrupting global fintech”
HeavenHR, a cloud-based HR management platform for small and medium enterprises (SMEs), has closed €6 million in Series A funding. Leading the round in the Berlin-based startup are Target Global, and Open Ocean Capital.
HeavenHR, which is just 10 months old, says the new financing will be used to continue building out the product and to accelerate growth. The company is currently active in Germany, Austria, France and Switzerland,
Continue reading “Cloud-based HR management platform HeavenHR closes €6M Series A”
Hiring, free trade agreements and GDPR are just some of the issues the UK tech sector is uncertain about following the vote to leave the European Union.
Continue reading “Tech after Brexit: What UK tech firms need to consider about life outside the EU”
You probably know that it’s unwise to play Pokémon Go while you’re behind the wheel, but Niantic and The Pokémon Company aren’t taking any chances. They’re trotting out an update to the mobile game (on both Android and iOS) that tells you not to catch creatures while driving. You have to tap an “I’m a passenger” button if you want to keep playing while moving at high speed. The game can’t check to see that you’re being honest, of course, but this will at least serve as a reminder that irresponsible gameplay can have serious consequences.
Continue reading “‘Pokémon Go’ update warns you not to catch and drive”
No Man’s Sky will receive a massive day-one patch that adds a ton of content and gameplay elements to an already-humongous game. This would be just fine, except a few retailers across the nation started selling the game early — it comes out Tuesday, but some people (including reviewers) were playing it late last week. The patch, which includes the actual finished game with all its bells and whistles, requires these early players to delete their saves and start over when No Man’s Sky actually comes out. Developers at Hello Games wiped No Man’s Sky‘s servers Sunday, and they’re doing the same thing today.
Continue reading “Day-one patches are the new normal”
Nationwide, reports say call centers have been shorted by at least $600 million per year.
Calling 911 is one of those things you just expect to work regardless of the circumstances. A new lawsuit alleges that mobile carriers including AT&T and Engadget parent company Verizon are shortchanging the indispensable emergency service, however. Apparently, in an effort to cut deals with business customers, the aforementioned telcos have been lowering the typical $1 fee per-line charge that goes straight to funding 911 call centers, according to The Wall Street Journal.
Continue reading “AT&T, Verizon sued for giving businesses discounts on 911 fees”
Apple’s iPhone 7 seems set to lag far behind flagship Android devices such as the Samsung Galaxy S7 or the Note 7, but there’s a very good reason why Apple doesn’t care.
As has been the case for several years now, I’m confident that we have a pretty good idea of what the iPhone 7 is going to bring to the table, thanks to all the leaked photos, reports from “people in the know,” and supply chain chatter.
Continue reading “Why Apple doesn’t care that flagship Android smartphones are better than the iPhone”
Researchers have exposed the questionable practices of the pay-per-install industry behind the lucrative market for unwanted software.
Continue reading “Google: Unwanted bundled software is way more aggressive than malware”
The cyber-battle between Mike Pence and Tim Kaine is pretty lopsided.
Aside from sound bites on Russia and hacking, where Clinton and Trump stand on cybersecurity issues is generally unclear. In fact, they’ve devoted little time to this crucial and urgent subject. Which is weird in light of the epic amount of hacking shenanigans this presidential race has compelled us to endure.
Continue reading “Where the would-be vice presidents stand on cybersecurity”
After NSA whistleblower and millennial sex symbol Edward Snowden tweeted a mysterious string of characters on Friday afternoon, conspiracy theorists and concerned fans feared he might be dead when Sputnik, a Russian news site, reported the now-deleted code might be a “dead man’s switch,” which is apparently something Snowden could have set up “if he did not check in to the computer at a certain time,” according to Inquisitr.
Continue reading “LMAO, People Thought Snowden Was Dead Because of a Tweet”