Tag: Digital

Here’s a first glimpse of China’s digital yuan



Yuan bank notes.


© Provided by Quartz
Yuan bank notes.

China’s long-anticipated digital yuan has arrived in the wallets of some ordinary citizens.

Beijing began exploring a digital currency in 2014, with the project going into high gear in 2017—the same year the country cracked down on cryptocurrency trading. The digital yuan is very much not a cryptocurrency; like the regular yuan, it is under the control of the People’s Bank of China, and will be rolled out with the help of the country’s largest commercial banks. After conducting small-scale trials earlier this year, China began its largest test yet yesterday, with 200 yuan ($30) worth of the virtual money issued to 50,000 citizens in the southern tech hub of Shenzhen through a lottery.

The pilot comes as the Chinese president Xi Jinping prepares to visit Shenzhen tomorrow (Oct. 14) to celebrate the 40th anniversary of the country’s establishment of its first special

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Revived All Def Digital Charts Broader Content, Partnerships Under New Ownership

A year after All Def Digital, one of the web’s biggest Black-owned digital sites, collapsed in the aftermath of #MeToo allegations against founder Russell Simmons, the reborn company is charting a new course led by two former tech executives and backed by an ownership group that includes music and sports notables such as T.I., Killer Mike, Jason Geter, and Baron Davis.

The new ADD is moving beyond the original platform’s tight digital focus on hip hop, comedy and slam poetry. Under new CEO Cedric J. Rogers and partner Shaun Newsum, the new ADD is exploring more genres and distribution approaches. It’s also expanding relationships and programming ventures with traditional media companies, working with WarnerMedia-owned FullScreen, and Comcast
CMCSA
-backed production company Jupiter Entertainment, to beef up its programming, creator networks, brand relationships, and several new initiatives.

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Triton Digital Releases the Australian Podcast Ranker for September 2020

Triton Digital®, the global technology and services leader to the digital audio and podcast industry, announced today the release of the latest Australian Podcast Ranker. The Ranker provides insight into the Top 100 Podcasts as well as the Top 10 Publishers in Australia from 1 September through 30 September, 2020, as measured by Triton’s Podcast Metrics measurement service.

Three new entities appear in the Top 100 Podcast Ranker this reporting period, including This is Actually Happening (Wondery), Watch What Crappens (Stitcher), and Bunga Bunga (Wondery). Stuff You Should Know (ARN/iHeartMedia) remained in the #1 spot as the most downloaded podcast in the country in September.

As for the All-Australian Top 100, three new entities appear this reporting period, including The New South Wales Briefing (Southern Cross Astereo), League Pass and Chill (News Corp Australia), and The Imperfects (ARN/iHeartMedia). Casefile True Crime (Audioboom) remained the #1 spot as the

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Demon’s Souls Remake Preorder Info: PS5 Release Date, Digital Deluxe Edition, And Price

Demon’s Souls won the GameSpot Game of the Year award in 2009 and kickstarted From Software’s current era of generation-defining action-RPGs. It’s little surprise, then, that people have wanted a remake for a long time. That’s finally coming true, and it’s a PlayStation 5 launch title. Developer Bluepoint’s take on From Software’s PS3 classic is set to launch alongside the PS5 on November 12, and if you want to play it on release day, you can preorder a copy ahead of time.

During the recent PS5 showcase event, Sony gave us our first look at Demon’s Souls gameplay. It showed off the very first area you play through, with what appears to be no loading times between warps. It all looks similar to the original game but with much more detailed visuals and in 4K accompanied by 60 frames per second. We see the player take on the area’s

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Hoping to be LatAm’s top digital bank for SMBs, Xepelin launches a lending and revenue management service

There’s another entrant in the startup race to provide financial services to Latin America’s small and medium-sized businesses.

Financial services have been a huge opportunity for startups coming out of Brazil, Colombia and Mexico in recent years, and now Xepelin, a new company from Chile, is looking to join the fray.

Xepelin’s founders, Sebastian Kreis and Guillermo Molina Carvallo, launched their company with the vision of creating a new kind of online bank for Latin America’s small businesses.

Sebastian Kreis, chief executive officer, Xepelin. Image Credits: Xepelin

The company’s pitch to business owners depends on a variation of the lending tool known as factoring, where small businesses can take out loans based on the income they’re expecting to receive. In Latin America, where small businesses have limited avenues to traditional loans, according to Kreis, factoring represents a novel solution.

Xepelin already has a multimillion dollar credit line on the books

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Stock Image Market | Use of Stock Image for Digital Marketing to Boost the Market Growth

The stock image market size is poised to grow by USD 1.82 billion during 2020-2024, progressing at a CAGR of over 8% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005455/en/

Technavio has announced its latest market research report titled Global Stock Images Market 2020-2024 (Graphic: Business Wire)

The increased popularity of stock images for digital and social media marketing will be a significant factor in driving the growth of the stock images market size. Companies are increasingly using social media platforms for marketing different products and services. The

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Innovation Inc: Walmart’s AI vendors, Securus Tech’s digital overhaul

We often highlight stories of digital overhauls that enable faster business growth, deeper operational cost cuts, and more seamless interactions with customers. 

But there’s another component to transformations, too: reputation. 

Walmart, for example, is investing heavily in technology, both as part of its epic battle with Amazon for retail dominance and from a desire to be viewed as a software behemoth. The company works with a slew of outside vendors, but is developing many of applications in-house, as well — like its recent express delivery option. The overhaul is so robust that some Wall Street analysts believe Walmart’s stock should be treated more like that of a tech company.

In the case of Aventiv Technologies — the parent-firm of prison communications company Securus Technologies that’s backed by billionaire Tom Gores — new CEO Dave Abel is relying on a digital overhaul to rebuild a tattered public image. 

Securus has faced

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Apple’s new iPhone will include a powerful 30x digital camera



a hand holding a remote control: MailOnline logo


© Provided by Daily Mail
MailOnline logo

Apple is revealing its next-generation iPhone Tuesday that is rumored to include 5G connectivity and boast squared-off edges – but new leaks provide more details of what many are calling the iPhone 12.

The smartphone is set to have a 30x zoom camera that is capable of focusing in on objects and people three times farther than previous models.

Previous leaks suggested there will be four models release during the ‘Hi, Speed’ event and the latest news to surface says pricing will range from $699 to $1,099, with pre-orders starting October 16.

The lineup includes an iPhone 12 Mini with a 5.4-inch display, which starts at $699, a 6.1-inch handset at $799, the Pro handset is set at $999 and the iPhone 12 Pro Max will cost $1,099.

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The smartphone is set to include a 30x zoom camera that is capable of focusing in on objects and people three times farther than previous models. The latest news to surface says pricing will range from $699 to $1,099, with pre-orders starting October 16 (pictured is the iPhone 11)


© Provided by Daily Mail
The smartphone is set to include

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China’s digital yuan tests leap forward in Shenzhen

Shenzhen, known for its maker community and manufacturing resources, is taking the lead in trialing China’s digital yuan.

Last week, the city issued 10 million yuan worth of digital currency to 50,000 randomly selected residents who applied. The government doled out the money through mobile “red envelopes,” a tool designed to digitize the custom of gifting money in red packets and first popularized by WeChat’s e-wallet.

“Red packets are a common way we’ve seen in China Internet companies to spur adoption like what we’ve seen with Tencent WeChat and Alibaba’s Alipay in the early days, when these products were first launched,” Flex Yang, CEO of crypto finance firm Babel Finance, told TechCrunch.

The digital yuan is not to be mistaken as a form of cryptocurrency. Rather, it is issued and managed by the central bank, serving as the statutory, digital version of China’s physical currency and giving Beijing a better

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Chinese city launches cryptocurrency lottery, gives away digital coins to promote adoption

The Chinese city of Shenzhen will become a testing ground for a new sovereign cryptocurrency with residents issued millions in the digital coin for free. 

As reported by the South China Morning Post, citizens have been able to enter a lottery to receive the digital funds, of which coins worth 10 million yuan ($1.47 million) will be awarded to promote their use in roughly 3,400 designated stores in the Luohu district. 

The 50,000 “red packets” will each contain roughly $30 in cryptocurrency. Chinese citizens living in Shenzhen have been able to apply via iShenzhen, a blockchain-based and government-operated network that backs the new sovereign asset. 

See also: IRS offers grants for software to trace privacy-focused cryptocurrency trades

Digital Renminbi, an official state app, can be used to create an e-wallet to store and exchange the cryptocurrency. The gift amounts can only be used until October 18 and cannot be transferred

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