The Bank of Korea (BOK) rolled out details on its pilot program for its retail central bank digital currency (CBDC), stating that 100,000 selected Korean citizens will join the trial in the fourth quarter of next year. The participants will be able to buy goods with tokens in the form of CBDC issued by commercial […]
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NomuPay — the payments startup that was formed out of some of the healthier pieces of the dramatically failed fintech Wirecard — has made an acquisition as it continues on its trajectory of better economies of scale. It has picked up Total Processing, a startup out of Manchester that builds payment processing solutions for functions […]
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Since its launch in July, Meta’s text-based social network Threads has gained many features, but a major missing part in the puzzle has been the app’s availability in the EU. The company, however, could launch the platform in the EU next month, according to the Wall Street Journal. The report notes that to comply with […]
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Tesla is moving forward with the long-awaited launch of its Cybertruck electric pickup. The boxy vehicle is Tesla’s first new model since 2020, when it started delivering the Model Y. Yet, Cybertruck’s initial debut predates that moment; Tesla CEO Elon Musk showed off an early version of the pickup at a memorable 2019 event, when […]
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The new investment will be deployed into growing Zubale’s three e-commerce productivity offerings, continued product development and strategies to consolidate its presence in Mexico and Brazil.
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PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. This development marked a historic shift in China’s e-commerce space, where for years Alibaba had held the crown jewel. Now […]
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Days after Evernote started testing a free plan with access to only one notebook and 50 notes with limited users, the company has now made this its new default free plan. The notetaking app said that this change will be applicable for all new and existing free users starting December 4. In a post on […]
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