Apple is rumored to be working on a softPOS solution that could threaten the dominance of mPOS titans like Square and PayPal.

Apple is developing technology to let merchants accept contactless payments with their iPhones, according to reports.
Apple is planning to launch a new payments product that will be aimed at merchants.
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Disney has appointed an exec to run its metaverse and his first job is to figure out what the hell it is.

According to Reuters, Mike White, an 11-year veteran at Disney who previously worked at Yahoo, has been named the head of the company’s metaverse strategy. The appointment, which was announced through an internal email on Tuesday, suggests Disney is taking this whole metaverse thing very seriously, even if no one can quite agree on a definition of what the metaverse even is yet. "For nearly 100 years, our company has been a pioneer in the entertainment industry, using technology to bring stories to life in new and innovative ways," Disney CEO Bob Chapek said in an email to Disney employees on Tuesday, according to Reuters. "Today, we have an opportunity to connect those universes and create an entirely new paradigm for how audiences experience and engage with our stories," Chapek continued. Disney first announced in November it had plans to make a splash in the virtual world, following on the heels of Facebook’s announcement that it would be changing the nam...

In Luge and Skeleton, the goal is to go fast. Just not too fast.

Technology and safety are clashing in sliding sports, where sleds made for speed are finding tracks built to slow them down. Yanqing, China - U.S.A. Luge has partnered with Ferrari to use their mechanical and aeronautical engineering professors to improve their sleds. Italy's bobsled and skeleton teams have been working with Ferrari for a long time, and new Chinese bobsleds are incorporating rocket technology into their designs. The expanding incorporation of technology into sliding sports is happening with one overarching goal: making sleds faster. Virtually every country with aspirations of winning Olympic medals at this month’s Beijing Olympics in bobsled, skeleton and luge is now aligned with a racecar designer, aeronautics expert or rocket scientist. This is being done in an effort to make sleds go faster and hopefully win more medals. They will chase those medals at China’s Yanqing National Sliding Center, where the track’s 16 winding curves are designed to resemble a...

Technology stocks rallied on Tuesday, helping the Toronto market pare its decline.

Gold prices edged up on Wednesday as the dollar weakened, with the metal supported by expectations of a U.S. interest rate cut this year, which would reduce the attractiveness of the dollar. Gold prices edged up on Wednesday as the dollar weakened, with the metal supported by expectations of a U.S. interest rate cut this year, which would reduce the attractiveness of the dollar. Gold prices edged up on Wednesday as the dollar weakened, with the metal supported by expectations of a U.S. interest rate cut this year, which would make the metal more attractive to investors. The TSX ended down 50.09 points, or 0.2%, at 20,571.30. The Dow Jones Industrial Average (DJIA) closed at its lowest level since December 20. Oil prices fell 2.2% on Wednesday, while energy prices fell 1.5%. Technology stocks ended higher on Wednesday, with Shopify among the biggest gainers after the company reported quarterly results that topped Wall Street expectations. TORONTO, Jan 24 (Reuters) - Canada...

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