PayPal is launching a new suite of fraud management features for mid-market and enterprise businesses that aims to help combat the rise in online payments fraud brought on by the pandemic. Featured These are the terrible passwords that people are still using. Here's how to do better Dear President Biden: Let Chinese phones compete fairly in the US The best printer for your home office The best VPN services: Safe and fast don't come free The COVID-19 pandemic spurred unprecedented growth in online spending in 2020, with e-commerce penetration reaching an all-time high of 21.3% -- the highest year-over-year jump for US retail sales ever recorded, according to estimates . But the spike in e-commerce and digital payments also led to an increase in online scams, sophisticated attempts at fraud by malicious actors and new operating risks for online businesses. According to PayPal, its new Fraud Protection Advanced service uses device fingerprinting, machine … [Read more...] about PayPal rolls out new fraud management tools for merchants
Article about business management
Uber reported bookings for its ride-hailing business rose 9 percent in March
Uber saw record gross bookings in March 2021, according to a filing posted Monday with the Securities and Exchange Commission. The increase may signal the beginning of a comeback for the ride-hailing business, which suffered mightily in 2020 due to the coronavirus pandemic. Uber’s mobility segment, which includes its ride-hailing business, was up 9 percent between February and March 2021, with an annualized run rate of $30 billion. Uber’s food delivery segment UberEats, which helped the company stave off even bigger losses in 2020, doubled its annual run rate from March of last year, coming in at $52 billion. “As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,” Uber said in the SEC filing. In February, Uber reported it lost $968 million in the fourth quarter of 2020 and had a net loss of $6.7 billion for … [Read more...] about Uber reported bookings for its ride-hailing business rose 9 percent in March
New Mobvoi TicWatch GTH includes a skin temperature sensor and 10-day battery life for $80
Keeping you in the know The TicWatch GHT can tell you how hot you are. Derrek Lee 13 Apr 2021 0 Source: Mobvoi What you need to know Mobvoi announced the global launch of its TicWatch GHT. The smartwatch features an Apple Watch-like square design and a 10-day battery life. The TicWatch GHT will be available starting today for $80. When it comes to the best Android smartwatches , Mobvoi is undoubtedly near the top. The Mobvoi TicWatch Pro 3 GPS offers the best that Wear OS has to offer with good battery life and snappy performance. The company has decided to switch things up a bit by offering a new smartwatch more focused on health features and extended battery life. That brings us to the Mobvoi TicWatch GTH, which is receiving its global launch today. Source: Mobvoi The TicWatch GTH moves away from Mobvoi's usual circular smartwatch designs to offer a style akin to the Apple Watch Series 6 or OPPO Watch . The … [Read more...] about New Mobvoi TicWatch GTH includes a skin temperature sensor and 10-day battery life for $80
Google is poisoning its reputation with AI researchers
Google has worked for years to position itself as a responsible steward of AI. Its research lab hires respected academics, publishes groundbreaking papers, and steers the agenda at the field’s biggest conferences. But now its reputation has been badly, perhaps irreversibly damaged, just as the company is struggling to put a politically palatable face on its empire of data. The company’s decision to fire Timnit Gebru and Margaret Mitchell — two of its top AI ethics researchers, who happened to be examining the downsides of technology integral to Google’s search products — has triggered waves of protest. Academics have registered their discontent in various ways. Two backed out of a Google research workshop, a third turned down a $60,000 grant from the company, and a fourth pledged not to accept its funding in the future. Two engineers quit the company in protest of Gebru’s treatment and just last week, one of Google’s top AI employees, a research manager named Samy Bengio who … [Read more...] about Google is poisoning its reputation with AI researchers
The Epic Games Store lost $454 million in the past two years
In context: Epic Games has been spending the big bucks to compete against Steam. From free game offerings to signing exclusivity deals with third party developers, Epic has been somewhat successful at pulling more customers to its platform, but at what cost? As detailed in the company's court filings in the lawsuit against Apple, Epic reported a $181 million loss in 2019 and $273 million in 2020 on the Games Store alone. Epic Games and Apple's legal feud has been going on since last August. Back then, Apple decided to remove Fortnite from the App Store after the developer introduced an alternative payment method to bypass the App Store's 30% cut. In preparation for the upcoming trial, scheduled for May 3, 2021, both Apple and Epic have filed their respective "Proposed Findings of Fact and Conclusions of Law," unveiling some interesting data. In 2019, the Epic Games Store (EGS) lost about $181 million, but in 2020, the expected loss is even bigger at roughly $273 million. … [Read more...] about The Epic Games Store lost $454 million in the past two years