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...

Reuters reports that Alpine sign water company BWT as F1 title sponsors.

Formula One F1 - Young Driver Test - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - December 14, 2021 Esteban Ocon of Alpine during testing REUTERS/Hamad I Mohammed Formula One team Alpine has announced that BWT will be their new title sponsor. The Renault-owned team will incorporate BWT's pink colour scheme into its traditional blue as part of the deal starting this season, the team said in a statement. The long-term agreement will also involve Alpine and BWT working together to "spread the message of sustainability around the world," the pair added. Alpine will set up bottle-free zones at its factories and races as part of eliminating single use plastics. BWT has a long history of sponsoring Aston Martin, going back to the team's Racing Point and Force India days. The Silverstone-based outfit last week announced that they have partnered with Saudi energy giant Aramco. BWT's tie-up with Alpine had been expected for some time. Aston Martin...

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...

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