WhatsApp Is Testing Self Destructing Feature on Group Messages
[bctt tweet=WhatsApp is testing a self destruct feature which will allow users to create a mini-lifetime of a text. The innovation will enable users to create messages which can self-destruct [...]
Samsung Stops Mobile Phone Production in China
Samsung Electronics has stopped mobile phone production in China, citing intense competition from cheaper local brands such as Huawei Technologies and Xiaomi. According to market research firm Counterpoint, Samsung’s share [...]World's GDP Growth Rate Declines to its Lowest, Fitch Rating
According to the Fitch Rating report, the outlook of the global economy has significantly declined as a result of the US-China trade wars. The report predicts the world growth rate [...]Consumption Tax up from 8% to 10% in Japan
Japan has raised its consumption tax from 8% to 10% in a bid to find funds to pay its public debt and fund social welfare programs such as pre-school education. [...]Regulatory Compliance Biggest Concern for Most Fintechs
Compliance remains the biggest challenge for companies adopting Fintech solutions according to a recent report by Thomson Reuters. The report further notes that 21% of the world's firms believe that [...]PayPal Acquires China's Tech Company GoPay
PayPal's 70% equity acquisition in Guofubao Information Technology Company (GoPay) has been approved by The People's Bank of China. It will now be the first foreign payment platform in China. [...]Revolut to Expand its Market as it Partners with Visa Inc
Fintech firm Revolut is seeking to expand into 24 new markets after it entered into a new partnership with Visa Inc. The UK based digital banking app aims to disrupt [...]Transsion Lists in Chinese IPO Targeting $394 million
One of China's largest mobile phone maker, Transsion, has listed in an IPO on Shanghai’s STAR Market. Transsion issued 80 million A-shares at an opening price of $5 as it [...]
Forever 21 to Close up to 178 stores in U.S as it Files for Bankruptcy
Forever 21, an American fast-fashion retailer is seeking to shut down close to 178 stores in 40 countries after it filed for the chapter 11 bankruptcy protection, which involves re-organization of [...]Delta Airlines Set to Buy 20% Stake in LATAM Airlines Group
Delta Airlines is set to buy a 20% stake in LATAM Airlines Group with the aim of expanding its business in Latin America. The stake, which is worth $1.9 billion, [...]China Unveils One of the World's Biggest Airports
China's Daxing International Airport, which boasts of having the world's biggest terminal, was officially opened in a ceremony presided over by President Xi Jinping on Wednesday. The airport's terminal is [...]Huawei Launches 5G Stations Without U.S Components
Huawei Technologies has started making 5G base stations without U.S. parts. This is after the U.S. blacklisted Huawei, limiting its access to components like microprocessors and Google services. The company [...]
