Elon Musk’s reputation proceeded him. Back in the mid-’90s at first company Zip2 – which sold software packages to newspapers to provide online city guides and directories – Musk had hit a load-balancing problem.
In the past few weeks, North Carolina and Mississippi have adopted laws enabling businesses to discriminate against gays and transgender people by those who say serving them would infringe on their religious beliefs. Some large tech companies have condemned the laws.
The push for mobile payments in the U.S. continues to build steam as banks shift to more secure chip-embedded credit and debit cards for consumers -- and merchants embrace payment terminals that can accept the new cards.
In recent weeks, more and more iTunes users have been reporting fraudulent activity on their Apple accounts, reporting hundreds or even thousands of dollars worth of bogus purchases. With the reports of this type of fraud on the uptick in recent weeks, many users have been quick to blame Apple or PayPal, as many of the affected iTunes accounts were linked to PayPal accounts.
Today it's easy to transfer money, make payments, and buy goods and services in countless ways outside the walls of a bank or retailer. In fact, physical visits to banks are down 30 percent since last year, and the use of mobile banking apps is up 33 percent, according to a new survey from Chase. Banks are embracing new technologies and evolving consumer habits to engage the next generation of customers.
Last week, at the Wearable World Congress in San Francisco, executives from Capital One, MasterCard and PayPal participated in an animated discussion about the future of mobile payments and explained why wearable technology is an important part of their companies' game plans.
Tesla CEO Elon Musk is no stranger to risky but successful ventures. He's helped found companies such as PayPal and other leading edge tech firms, including an aerospace manufacturer to help colonize Mars.
Though it seems as if we're sourrounded by innovative products, services and technologies, there's a growing counter argument that we're living in a dismal era. Science is hated. Real technological progress has stalled. And what we call innovation today really isn't very innovative.
The OpenStack cloud platform works well for companies that aim to deploy software or infrastructure as a service but remain wary of doing so using public cloud services. Here's how to find out if OpenStack is right for your business.