Mastercard began rolling out a suite of solutions designed to help banks support the cross-border payment needs of small- to medium-sized businesses (SMBs) in the Asia-Pacific region. The new Mastercard Global Commerce Suite for Small Businesses offers multicurrency support, real-time visibility and seamless integration, the company said in a Wednesday (March 11) press release. The…
A big shift in Apple’s App Store strategy could set a precedent for how mobile software may be developed and monetized. Apple has announced a new program that halves the standard 30% fee it takes from app developers on in-app sales for a category of software called “mini apps.” A CNBC report explained that the…
Google argued against a Justice Department proposal that would bar it from bundling its YouTube and Google Maps apps with its Gemini artificial intelligence (AI) service, telling a judge Wednesday (Oct. 8) that these haven’t been found to be monopoly products. The argument came during the court battle in which the judge is developing a…
Amazon founder Jeff Bezos reportedly said Friday (Oct. 3) that the artificial intelligence boom is an “industrial bubble” rather than a “financial bubble,” meaning that even if the sector’s share prices collapse, the technology’s benefits will remain. Speaking at Italian Tech Week, Bezos pointed to the fiber-optic cable that outlived the dot-com crash and the…
Apple is building a ChatGPT-like iPhone app to test a revamped version of Siri. Still, the tool is restricted to internal testing only and will not be released to consumers, Bloomberg reported Friday (Sept. 26). The app lets Apple engineers experiment with features such as searching through emails and music or completing in-app tasks like…
Google asked the U.S. Supreme Court on Wednesday (Sept. 24) to pause a lower court’s ruling that requires changes to the company’s app store policies, saying the changes would cause “irreparable harm” to Google and its Android ecosystem. The lower court’s ruling, which was handed down in July in the antitrust case filed by Epic…
American financial giants are investing in Great Britain ahead of a U.S.-U.K. technology summit. The $1.6 billion investment is from companies including PayPal, Bank of America and Citigroup and will create 1,800 jobs in England, Scotland and Northern Ireland, the U.K. Department for Business and Trade said Saturday (Sept. 13). “Strengthening ties with the U.S….
The upcoming expiration of federal electric vehicle credits is reportedly fueling an automotive sales boom. It’s the end of an era for the United States car sector, The Wall Street Journal reported Monday (Sept. 1). Dealers have spent years selling electric cars but are now preparing for the federal government’s $7,500 tax credit for electric…
The Google Play store is updating its external offers program in the European Union to allow links to download developers’ own external apps and to let developers select ongoing service tiers. These changes will be available in the fall, Google said in a Tuesday (Aug. 19) post on a support page. The external offers program was introduced in March 2024….
Visa found that 73% of university students in the United Kingdom would welcome technology that makes it easier for them to manage their bills. The findings came from a survey of 2,000 students between the ages of 18 and 23, according to a Tuesday (Aug. 19) press release. The survey revealed that 88% of these…