In China, the mobile internet has breached 50 percent for the first time. As of December, there were 731 million Chinese internet users, about 53.2 percent of the approximately 1.4 billion population. Some 95 percent of internet users in China are accessing it via mobile...
According to a report highlighting findings from the Identity Theft Resource Center and CyberScout, data breaches in the U.S. reached an all-time high in 2016: 1,093, a 40 percent increase from the year earlier. The financial services industry accounted for only 52 of the breaches...
Shares of mall companies fell earlier this month after the announcement by Sears Holding Corp. that it will close as many as 150 stores over the next few months. Bloomberg reported that its index tracking regional mall firms slipped 2.8 percent during the first week...
Young adults in India are using their smartphones for shopping online at an increasing rate. According to eMarketer, it’s expected that younger generations in India will help drive the number of smartphone users in the country to 267.1 million this year — a 19.5 percent...
U.K.-based food on demand firm Deliveroo has announced that orders were up over 650 percent last year. In response to the swell of demand, the firm will be taking on over 1,000 full-time employees in its business globally and has announced that it will increase...
Eight individuals, all of whom are men, have as much wealth as the poorest half of the population around the globe. The wealth gap is wider than ever before, with data from China and India showing the poorest people in the world own less than...
Retail spending in the months of November and December 2016 was the strongest in five years. Retail sales increased 4.8 percent during the holiday season when compared to the holiday season in 2015. What’s more, eCommerce spending increased 19 percent. November saw the creation of more...
Wellington, New Zealand, has become a hub for successful tech-based startups and social enterprises due to its 20 percent advantage. It is 20 percent easier to launch a tech startup, expand a business or seek innovative investment opportunities in Wellington than elsewhere in the world. With...
Get ready for some rather large numbers. This could very well be the year Apple hits $1 trillion in revenue from iOS. At least 1.2 billion iPhone units have been sold in the last 10 years, and the combined total unit sales of iOS devices...