SAN FRANCISCO — When people enter Teeth, a bar in San Francisco’s Mission neighborhood, the bouncer gives them options. They can order food and drinks at the bar, he says, […]
Mobile Commerce and Payments
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Back to news homeChina Called Finance Apps the Best Thing Since the Compass. No Longer.
When the coronavirus jammed up China’s economy last year, Rao Yong needed cash to tide over his online handicrafts business. But he dreaded the idea of spending long, dull hours […]
Thousands Descend on Miami to Glorify Bitcoin
MIAMI — There was money in the air. Buzzwords floated around, like NFT, BTD, blockchain, token. There was a frenzied energy.And there was heat — a humid, sticky South Florida […]
Apple’s App Store Draws E.U. Antitrust Charge
This week, Apple flexed its power by introducing a software update that gave customers more power to block data tracking by apps, a change that has started a feud with […]
A Global Tipping Point for Reining In Tech Has Arrived
On Dec. 9, the Federal Trade Commission and nearly every state filed bipartisan lawsuits accusing Facebook of acting anticompetitively. Less than a week later, European policymakers introduced a competition law […]
Alibaba Faces $2.8 Billion Fine From Chinese Regulators
China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its campaign […]
The Start-Up Enemies of Wall Street Are Booming
“The infrastructure has gone to a whole other level,” said CJ MacDonald, founder of Step, a debit card provider aimed at teenagers. Introduced in September, Step quickly reached one million […]
The Tech That Will Invade Our Lives in 2021
Here’s what that means. Let’s say your family owns smartphones, several computers and a game console. If all of them are being used to consume heavy amounts of data — […]
Ant Challenged Beijing and Prospered. Now It Toes the Line.
As Jack Ma of Alibaba helped turn China into the world’s biggest e-commerce market over the past two decades, he was also vowing to pull off a more audacious transformation. […]