Mastercard says it wants to help musicians use Web3 to build their audience. To that end, the company has launched its Artist Accelerator, designed to give musicians tools to function in a digital economy using the Polygon blockchain. “Web3’s capabilities have the potential to open...
A new cloud business group in Dubai points to the growth of high-tech industries. With a plan to launch 100 new business groups by March 2023, the Dubai Chamber of Commerce recently announced groups to represent the FinTech sector, companies developing renewable energy solutions, medical...
Blackberry showcased an embedded vehicle wallet at the 2023 Consumer Electronics Show (CES). The company debuted its in-vehicle software platform Blackberry IVY at CES on Thursday (Jan. 05). The technology, co-developed with Amazon Web Services (AWS), offers auto manufacturers an integrated artificial intelligence solution for digital cockpits...
For automakers, making and selling the car is a start — selling data is what comes next. To that end, automaker Stellantis NV — which makes Jeeps and Fiat cars, among other autos — is establishing a new, software-focused unit to harness car-level information and...
Supply chain shocks dominate the headlines — and nowhere is the impact of disruption and inflation more apparent than in food prices. Indeed, food prices outpaced inflation into the end of 2022. In just one recent data point, November food prices showed a 10.6% increase...
Mirroring increases in other pillars of the connected economy, by the third quarter of 2022, consumers were working remotely and online 10% more than they did one year prior. That’s the upshot of the PYMNTS report “12 Months of the ConnectedEconomy™” comparing changes in consumer...
For connected economy and tech stocks, the good news is that 2022 is finally over. The CE 100 Index managed to eke out slight gains in the final five trading days, up 0.5% but finished the year 35.7% lower. The dismal performance outpaced even the...
2022 marked many consumers’ triumphant return to the physical world after two years of pandemic-related restrictions — but even after options have opened up, their appetite for digital commerce experiences has not gone away. PYMNTS’ research finds that consumers used digital in their everyday lives...
The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are worries, at least on Wall Street, over weakening demand, how macro pressures may come to...
