Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

Mastercard Results Detail Spending ‘Shift’ by Consumers Amid Inflation
Mastercard Results Detail Spending ‘Shift’ by Consumers Amid Inflation
July 28, 2022  |  Earnings

It’s becoming a familiar theme — the U.S. consumer is resilient, and spending is buoyant and of course, the wild card is how long it...

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Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

If a value menu deal seems too good to be true, there is a good chance that the restaurant agrees — as food prices continue...

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As Jack Ma Gives up Ant Control, the Super App Now ‘Belongs’ to the Government
As Jack Ma Gives up Ant Control, the Super App Now ‘Belongs’ to the Government
July 28, 2022  |  Connected Economy

The government gets the super app — at least in China — and a fulcrum upon which it can shape the nonbank financial services ecosystem....

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Crypto Regulation Weekly: SEC Targets Coinbase as CFTC Prepares to Take Lead
Crypto Regulation Weekly: SEC Targets Coinbase as CFTC Prepares to Take Lead
July 27, 2022  |  Cryptocurrency

Reports that the U.S. Securities and Exchange Commission will sue publicly listed crypto exchange Coinbase for allegedly selling unregistered securities to the general public signal...

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Twitter Shutters Offices in Move to Work From Home
Twitter Shutters Offices in Move to Work From Home
July 27, 2022  |  Personnel

Twitter said it is scaling back on physical office space around the world in favor of remote work as the social media giant tries to...

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Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022  |  Investments

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C...

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Crypto Says It Can Transform the Creator Economy. So Why Isn’t It Working?
Crypto Says It Can Transform the Creator Economy. So Why Isn’t It Working?
July 26, 2022  |  Cryptocurrency

If you want to know why there’s so much talk about crypto and blockchain’s potential to transform the creator economy, one good answer might be...

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Social Commerce Evolution’s in Motion at Instagram
Social Commerce Evolution’s in Motion at Instagram
July 26, 2022  |  Social Commerce

Picture Instagram as a video-centric platform. Some can’t, others won’t, but with TikTok breathing down its neck at a delicate time, expect changes to how...

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Chipotle Check Sizes Shrink as Consumers Shift From Family Dining to Individual Ordering
Chipotle Check Sizes Shrink as Consumers Shift From Family Dining to Individual Ordering
July 26, 2022  |  Earnings

Throughout the worst phases of the pandemic, major restaurant brands saw order sizes grow as consumers, stuck inside with their family or other cohabitants, opted...

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