As FedEx Corp.’s TNT unit is still working to fulfill deliveries and catch up on some transactions by hand, the company said its information systems may never fully recover from a June cyberattack that is also expected to affect its earnings. According to Bloomberg Technology,...
Facebook reported to its advertisers that India has overtaken the United States to become the platform’s largest country audience. According to The Next Web, as of July 13, Facebook is reporting a total “potential audience” of 241 million active users in India, compared with 240...
The financial services firm Revolut has garnered a $66-million funding round via Series B financing, TechCrunch reports, with a series of new and existing investors. The site reported that Index Ventures led the round and had accompaniment by existing investors Ribbit Capital and Balderton Capital. ...
Finding nearby friends through an online platform became a lot easier when Snapchat unveiled its Snap Map offering. Just a few weeks ago, the disappearing photo social media site introduced Snap Map to the world, and now we’re learning about the potential technology behind it. Before...
The chief executives of U.S. banks have been paid handsomely since 2004, with the average boss making three times as much as their counterparts around the globe. That’s according to a new study by Bernstein analysts, which was covered by the Financial Times, who pointed...
For the last few years, ride-hailing apps like Uber and Lyft have taken off and completely disrupted the taxi industry. As we reported last month, the Chicago cab and taxi drivers union released data. It showed that there has been a 40 percent decline in...
Any way the online arena can make transferring and making money for payments easier, the better. This is especially true for employees. Global payouts provider Hyperwallet accomplished just that with its partnership announcement with FinTech company Dosh. Through this joint endeavor, anyone using Hyperwallet’s loyalty...
The movies were wrong about holograms replacing teachers in the future, but they weren’t that far off. Walmart is introducing virtual reality training at 200 of its Walmart Academy training centers. Next year, 140,000 new Walmart employees will learn their job using a VR headset....
So many burgers, s0 little money. The average person has between $4 and $6 to spend on lunch daily, and that’s just not enough to treat themselves to a nice burger, even if they skip the drink and fries. To buy a better burger, customers...
