Business & Economy: 4 of 10
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61.
+30
Apple Pay to Launch in South Korea This Year Following Regulator Approval
After years of discussions with local authorities, Apple Pay in South Korea has been approved by the financial regulator, paving the way for the mobile payment system to launch in the first half of this year (via The Korea Herald). The FSC emphasized that credit card firms should not transfer fees arising from the use of Apple Pay to customers or shops, while calling for measures to ensure customer protection from such risks as the theft of personal information.
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62.
+19
Rely on Microsoft Bing Search APIs? Price hike incoming
Microsoft is implementing massive price hikes for developers that use the Bing Search API, with some of the tiers scheduled to see rises up to nine times their current level. The overhauled price list is due to be introduced from the start of May and is applicable globally, Redmond said yesterday – potentially ruining the sabbath for employers of hard pressed software engineers.
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63.
+24
Apple is trying to avoid a possible EU fine of $39 billion
Executives from Apple will meet with EU antitrust regulators on Tuesday (Feb 14) in a closed-door meeting to discuss the market dominance of Apple Pay, the iOS mobile wallet feature, according to Reuters. The company based in Cupertino, California, will seek to convince senior European Commission officials that it does not block rival companies from utilizing its technology for mobile wallet access on the popular iOS mobile operating system.
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64.
+18
Gen Z is key to Apple's dominance, due to their fear of green bubbles
Gen Z is key to Apple’s dominance, according to a new report – which says that fear of being “the green bubble guy”‘ in group chats is a key motivation. The report also underlines the importance the iPhone plays in hooking people into the Apple ecosystem, spurring sales of AirPods, iPads, and Apple Watches …
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65.
+19
The Age of Advertising Must Come to an End
Advertisements are a scourge upon society, the environment, and ultimately ourselves. They are among the worst that capitalism has to offer. Why not get rid of them?
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66.
+23
Reddit reportedly revives plans to go public, but it's likely to be worth way less than the $15 billion it once hoped for
Reddit, the birthplace of the meme stock craze, is reviving its plan to go public, The Information reported — but the social media platform is likely to be worth way less than its once hoped-for $15 billion valuation. The company is planning to list on the stock exchange in the second half of 2023 through an initial public offering, The Information reported Tuesday, citing people familiar with the matter.
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67.
+10
Oil CEOs Should Be Barred From Global Climate Summits, Not Running Them
The Chief Executive of the twelfth largest oil producer – Sultan Al Jaber of Abu Dhabi National Oil Company (ADNOC) – has been appointed as president of the United Nations Framework Convention on Climate Change’s (UNFCCC) COP28, the biggest climate change conference that will take place in November, 2023 in the United Arab Emirates (UAE).
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68.
+22
New lithium development in Canada could lure Tesla
A fresh lithium development in Saskatchewan, Canada, along with other significant supply developments, could make the country more enticing than ever to supply-hungry Tesla. Tesla and its CEO, Elon Musk, have made it no secret that lithium is a vital resource for its business. It intends to work closely with suppliers and potentially develop its own reserves in the near future.
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69.
+15
Cleanup workers who became ill after Deepwater Horizon oil spill are suing BP for compensation
The oil washed ashore every day, globs of tarlike ooze blighting sugar-white sand beaches. Rodney Boblitt’s job was to report it. A special agent for the Florida Department of Environmental Protection, he was assigned to patrol 14 miles of Panhandle beaches on an all-terrain vehicle, alerting cleanup crews to new slicks from the BP Deepwater Horizon oil rig explosion.
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70.
+24
Tech layoffs shrink ‘trust and safety’ teams, raising fears of backsliding efforts to curb online abuse
“Fewer people means less work is being done in a lot of different spaces,” said one of Twitter’s remaining content moderation staffers.
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71.
+23
Blockbuster Video Will Run An Ad During The Super Bowl
Get out your membership cards. The last Blockbuster store in the US is planning to run an ad during the Super Bowl. No, a bunch of late fees didn’t suddenly appear in its bank account. The store, located in Bend, Oregon, won’t be buying a seven-milliion-dollar TV spot. Instead, it’s streaming on Instagram. It will also play it on a VHS tape at the store, then will make the tape available for rent at $2 per day.
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72.
+20
CEOs need to be experts in social psychology and motivation
As a CEO, there are many things you need to be an expert in, but you can’t be an expert in everything. You must rely on the expertise in the organization to create the right strategy and make the right decisions. But one area where it pays for you to have greater expertise is social psychology – to understand just what it is that makes people tick.
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73.
+27
I tried Delta's new free inflight Wi-Fi. Here's how fast it was
Delta's new free inflight internet service is better and more stable than earlier services and free to all SkyMiles members.
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74.
+29
Short selling Adani: how an obscure US firm profited from triggering the Indian giant's price plunge
Activist short selling is certainly controversial. But it’s not necessarily illegal nor unethical.
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75.
+25
Apple signs union agreement for Glasgow Apple Store staff
The Apple Glasgow store was the first in the UK to unionize, but it has now entered a formal agreement with Apple to have that status recognized. Following months of negotiations, Apple Glasgow became unionized in November, 2022. Initially workers had to individually join a union, the UK's GMB, then ask Apple to have union representation recognized.
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76.
+22
Uber is integrating its driver app with Apple CarPlay
Uber drivers who have an iPhone will soon be able to use the Uber app directly from their car’s dashboard while using Apple’s CarPlay, according to an email sent to drivers and viewed by TechCrunch. The integration has been rolling out to drivers across the U.S., and all drivers should have access to it by the end of the month.
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77.
+19
Laid-off Google workers say the impersonal way the company let them go shows it's 'just as cutthroat corporate as anybody else'
"It feels very much like they are just as cutthroat corporate as anybody else," one laid-off employee said. "The crown has fallen here."
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78.
+19
Epic Games alleges Google not complying with Indian antitrust order
U.S. firm Epic Games is challenging Google in an Indian tribunal for not complying with some portions of an antitrust directive, alleging that the tech giant is not hosting the gaming company's app store on Google's Play Store app.
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79.
+20
Tech Giants Are Building a Dystopia of Desperate Workers and Social Isolation
Tech companies like Amazon and Uber are creating a society divided between the served and their servants, where the “friction” of in-person interaction is eliminated. That friction is the stuff of social connection — a world without it is nightmarish.
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80.
+18
Can Akamai compete with AWS, Google and Microsoft in cloud?
Akamai wants it own slice of the cloud pie. | IDC VP of Research Dave McCarthy told Silverlinings, that Akamai's portfolio of cloud services is smaller than the major cloud providers, but it can win business by offering more flexibility in deployment locations and aggressive pricing.