Mobile commerce to see 68 percent growth by the close of the year

Mobile commerce growth - shopping

As a growing number of people shop on their smartphones, companies see more income from apps. Mobile commerce has been taking off – particularly since the start of the pandemic – meaning that companies with online strategies focusing on smartphone shoppers have been winning out. The trend is only expected to continue through until the end of this year and beyond. According to a recent eMarketer report, online shopping will have reached $845 billion by the end of this year. Moreover, mobile commerce is expected to drive about half of…

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Apple mobile wallet practices hurt competition, says EU regulators

Mobile wallet - Back of iPhone - Blue case

The European Commission’s preliminary findings were that the policies harmed competition. European regulators have notified Apple Inc. that its mobile wallet practices were, in their initial view, harmful to competition. The preliminary findings of the European Commission do not “prejudge the outcome” in antitrust investigations. The European Commission (EC) announced in a news release that it had advised Apple “of its preliminary view that it abused its dominant position in markets for mobile wallets on iOS devices.” The focus of the concerns expressed about the payment app had to do…

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Autocorrect creator explains why feature can be so ducking annoying

Autocorrect - Frustration

The feature’s creator Ken Kocienda admits that it can be irritating, but that there are reasons for that. If there’s anything that virtually every smartphone user can agree on, it’s that autocorrect is a feature that can be as irritating as it is helpful. The creator of the feature, Ken Kocienda, is in complete agreement but can explain it. According to a recent Wall Street Journal report, the creator of the autocorrect feature in smartphones said that it has become more intelligent over the years. As a result, it is…

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Meta to release data for artificial intelligence research to support green energy

Artificial Intelligence Research - AI Business

The Facebook parent company will release data about catalysts to make hydrogen fuel cheaper to make. Meta has announced that it will be releasing catalyst data for artificial intelligence research that could make it possible to develop a cheaper way to produce hydrogen fuel, a carbon emission-free energy source. Meta’s catalyst data set was developed as a part of a collaboration with Carnegie Mellon University. The data set would be useful in artificial intelligence research used to develop cheaper chemical catalysts that are used in the vital reactions that are…

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The metaverse may not be Meta’s best path to gaining Gen Z leaving Facebook

Metaverse Gen Z

According to a recent study, teens are split as to whether the concept sounds appealing to them. The results of a new survey of Gen Z showed that while Meta may think that the metaverse is the key to capturing those stepping away from Facebook, this might not end up being the case. This new strategy to use virtual reality to build a broader audience isn’t appealing to teens as expected. Piper Sandler recently released a Gen Z research report showing the results of a survey of the generation’s opinions…

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