Security
The city of New Haven lost more than $6 million in multiple cyberattacks on its public school district earlier this summer and has so far managed to recoup about half of the money, officials announced Thursday.
Aug 11, 2023
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3
Internet
France's international news agency, Agence France-Presse, says it is pursuing a copyright case against X, the social media platform formerly known as Twitter, in an effort to secure potential payment for its news content.
Aug 3, 2023
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1
Business
Elon Musk is rebranding his Twitter platform as "X" and wants to create a super-app where users will do all their finances as well as their socializing.
Jul 26, 2023
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Consumer & Gadgets
Google users can now apply for their share of a $23 million privacy lawsuit settlement.
Jul 6, 2023
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38
Business
The EU on Wednesday took its first significant step towards launching a digital version of the euro, a controversial project that has been questioned by politicians and banks.
Jun 28, 2023
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Consumer & Gadgets
Cashless societies, where transactions are entirely digital, are gaining traction in many parts of the world, particularly after a pandemic-era boom in demand for online banking.
Jun 8, 2023
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Business
Nintendo has said it will no longer sell games in Russia through its online store as the Japanese giant winds down operations in the increasingly isolated country.
Jun 1, 2023
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Consumer & Gadgets
Citizens living in the euro area make an average of 13 payments per week of all types. They circulate through a range of channels and by way of different media, including cash, payment cards, and online.
Apr 14, 2023
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38
Consumer & Gadgets
Apple is getting into the buy now, pay later space with a few tweaks to the existing model—including no option to pay with a credit card. The company will roll out the product to some consumers this spring, and will begin ...
Mar 28, 2023
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3
Consumer & Gadgets
An increasing number of people are using mobile devices—their smartphone, a smartwatch or tablet—to pay for goods and services. Mobile devices allow people to complete transactions without using cash or a traditional ...
Mar 14, 2023
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16
A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation.
The simplest and oldest form of payment is barter, the exchange of one good or service for another. In the modern world, common means of payment by an individual include money, cheque, debit, credit, or bank transfer, and in trade such payments are frequently preceded by an invoice or result in a receipt. However, there are no arbitrary limits on the form a payment can take and thus in complex transactions between businesses, payments may take the form of stock or other more complicated arrangements.
In law, the payer is the party making a payment while the payee is the party receiving the payment.
This text uses material from Wikipedia, licensed under CC BY-SA
