PayPal Holdings Inc. agreed to buy Paidy Inc. for about $2.7 billion, adding to a flurry of activity involving companies that let consumers pay for purchases in installments as an alternative to traditional forms of credit. The transaction adds to a series of activity in the world’s third-largest e-commerce market.
The Biden administration released a report showing the United States can get 40% of its electricity from solar energy by 2035, a significant jump. The report outlines how solar energy can help decarbonize the U.S. power grid and help achieve a Biden administration goal of net zero emissions in the electricity sector.
Apple announced on Tuesday that it plans to host its annual fall event, but the event comes at the same time that Apple is facing antitrust and security issues. The tech giant is also facing probes from the Department of Justice and the European Commission, but its stock prices continue to rise.
Google has released the fifth and final beta for Pixel phones and several third-party devices, giving you one more look before the finished version arrives. The beta 5 is a release candidate build with the usual last-minute fixes and performance improvements, but don't expect major changes from beta 4 or even beta 3.
Twitter is planning to introduce Communities to make it easier to connect with people with shared interests. The company is working on new reporting flows and bespoke enforcement actions to proactively identify problem Communities. The earliest Communities will center around popular topics such as dogs, weather, sneakers, skincare, and astrology.
Intel Corp. plans to build new chip-making facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing capacity at a time of a global chip-supply crunch, planning two chip factories at a new site in Europe and potentially expanding it further.
The price of bitcoin fell after breaking through $52,000 late Monday, reaching its highest level since May, dropping as much as 16% on Tuesday morning. The price action comes on the day El Salvador is set to adopt the largest cryptocurrency by market cap as legal tender, becoming the first country to do so.
Microsoft is introducing its own personalized news reading experience called Microsoft Start, available as both a website and mobile app, in addition to being integrated with other Microsoft products, including Windows 10 and 11 and its Microsoft Edge web browser, combining content from news publishers in a way that’s tailored to users’ individual interests.
Ayayi has joined the list of virtual influencers and her appearance is eerily realistic. Her appearance does sometimes look artificial but is still very realistic, especially considering that it was created by a computer program. Big brands will now pay large sums of money to fund their design and animation.
Apple's next big fall event will take place on Tuesday, September 14th at 1PM ET, another virtual event broadcast from Apple Park. The company typically announces the year's new iPhones at the fall event, and this year’s entry is expected to be called the iPhone 13.
The new trend in crypto gaming is to create characters and take them on adventures, and purchase in-game items and traits, all for games that don't even exist yet. While there are no guarantees of any future utility, these items are selling for millions, with those offering the items having no plans to build the game.
Researchers in California have developed and tested an experimental brain implant that translates brain signals into words on a computer screen, marking a step toward technology that may help people speak by thinking, offering hope for thousands of people who lose the ability to speak due to injury and illness.