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An analysis of mobile wallet adoption across 11 major economies shows that the most consequential shift in digital payments is unfolding not in headline growth rates but in the sharp contrasts between markets where wallets replace familiar payment habits and those where they struggle to gain ground.
The report, “How the World Does Digital 2025: Pocket Revolution,” finds that mobile...
Crypto wallet Trust Wallet has integrated Revolut as a payment provider, enabling users to fund their wallets instantly and buy crypto across Europe, Trust Wallet said in an announcement on its website.
In a Thursday (Dec. 11) post on X, Trust Wallet said the integration enables Revolut users to buy crypto directly in Trust Wallet.
“Two trusted brands. One seamless onramp,” the company...
Terraform Labs Co-Founder Do Kwon was sentenced to 15 years in prison for his role in the $40 billion crash of the company’s TerraUSD and Luna coins in 2022.
Kwon, who pleaded guilty to two criminal counts in August, had asked for a sentence of five years, while federal prosecutors had sought a sentence of no more than 12 years, The Wall Street Journal reported Thursday (Dec. 11).
The...
Costco’s digital transformation continues, as the fiscal first quarter delivered double-digit growth in digital comparable sales and engagement with the app, and warehouse members are showing what management termed “consistency” in their spending even amid economic uncertainty.
The company logged net sales growth of 7.2% to just under $66 billion, and comparable sales gained 6.4%. CFO...
A federal appeals court handed Apple a victory and a loss in the company’s long-running legal battle with Epic Games.
The court ruled that a district court judge must consider allowing Apple to collect a commission on transactions made outside its App Store, though not the 27% commission it used to charge, Bloomberg reported Thursday (Dec. 11).
The district court banned all commissions...
On Thursday (Dec. 11), The Walt Disney Company announced a $1 billion investment in OpenAI and a groundbreaking three-year licensing agreement that will allow the artificial intelligence firm’s Sora video model to generate short fan-created clips using more than 200 Disney-owned characters, settings and worlds.
This is more than a creative collaboration; it’s a new intellectual...
DoorDash and Uber have sued to block a New York City law that requires delivery platforms to ask consumers to tip at checkout, instead of after the delivery, and to display the amounts of a suggested tip.
“A reminder to tip is a courtesy, a forced solicitation of a tip may as well be a tax,” DoorDash said in a Thursday (Dec. 11) blog post announcing the lawsuit.
The company added in...
OpenAI has begun rolling out GPT-5.2, saying the new model is designed for professional knowledge work and unlocks “even more economic value for people.”
GPT-5.2 is better than its predecessors at creating spreadsheets, building presentations, writing code, perceiving images, understanding long contexts, using tools and handling multistep projects, the company said in a Thursday (Dec....
The age-old desire to automate online work is driving a new arms race in Silicon Valley: the agentic browser.
With today’s (Dec. 11) launch of Opera’s Neon artificial intelligence (AI) browser, available for $20 a month, the field of competitors is expanding, promising an AI assistant that can browse, click, and reason on a user’s behalf. These new tools, like Neon’s ability to analyze...
Crypto.com and e...