Mastercard technology that allows you to pay in stores with your face or hand

Mastercard’s biometric POS technology allows users to pay by scanning their face or palm. MasterCard Mastercard is testing new technology that allows shoppers to make payments using just their face or hand at the register. The company on Tuesday launched a program for retailers to offer biometric payment methods, such as facial recognition and fingerprint … Read more

Twitter deal off until bot numbers are cleared

Musk’s plan to buy Twitter has alarmed policymakers around the world. Joe Schipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not go through until he has more clarity about how many accounts are fake. Twitter estimated in a filing earlier this month that less than 5% of its daily … Read more

Elon Musk has a wrong approach to counting fakes, spam on Twitter: experts

Tesla CEO Elon Musk sent Twitter shares down on Friday when he said he would put his $44 billion takeover of the social network “on hold” as he investigates the proportion of fake and spam accounts on the network. platform. Although Musk later made it clear that he will continue to stick to the deal, … Read more

Elon Musk Can’t Just Walk Away From Twitter Deal By Paying $1 Billion

Musk’s plan to buy Twitter has alarmed policymakers around the world. Joe Schipper | Reuters Elon Musk can’t just walk away from his deal to take over Twitter by paying an agreed break-up fee of $1 billion. It’s not that simple. Musk tweeted Friday that he has decided to put his Twitter takeover “on hold” … Read more

Treat Uber as a ‘privilege’ to cut costs: CEO email

Uber posted a loss of $5.9 billion in the first quarter of 2022. Philip Pacheco | AFP via Getty Images Uber will cut spending and focus on becoming a leaner company to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After the profit, I spent … Read more

Facebook Algorithm Caused Chaos Ahead of Australian Media Act: WSJ

The Wall Street Journal reported that last year Facebook purposely used a broad algorithm to block news in Australia, affecting pages of charities, emergency services and hospitals. Rafael Henrique | SOPA images | Light Rocket | Getty Images Facebook used an algorithm it knew would affect pages other than publishers in Australia, pending legislation that … Read more

How Ireland Lost Its Chance To Become Big Tech’s ‘Super Regulator’

Many of the largest US technology companies have their European headquarters in Dublin. Arthur Widak | Nurfoto | Getty Images Incoming EU rules forcing Big Tech to monitor content on the internet more aggressively will be directly enforced by the European Commission, a move that experts say will further enhance the role Ireland has played … Read more

Amazon and Google close their worst months on Wall Street since 2008

Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet have just completed their steepest monthly declines since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and difficult comparisons to outbreak rates … Read more

Nasdaq Rising Slightly as Market Tries Again to Make a Comeback from April Selling

The Nasdaq Composite rose slightly higher on Thursday following a strong earnings report from Meta Platforms as the market tried to recover from this month’s sell-off. The tech-heavy index rose 1.1%. The S&P 500 gained 0.9%. The Dow Jones Industrial Average rose about 140 points, or 0.4%. Investors have endured volatile trading sessions this week … Read more

Meta (FB) Q1 2022 profit

Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company approaches the metaverse. Facebook | via Reuters Shares of Facebook parent company Meta rose 19% in expanded trading on Wednesday after the company reported profits that exceeded estimates, even if sales fell short. Here are the results. Profit … Read more