DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 7542

Google Parent Company Alphabet bought a startup specializing in eye-tracking technology

0

Alphabet bought a startup specializing in eye-tracking technology. Who needs a computer mouse when eye movements can control things on a screen? That’s the idea behind three-year-old Eyefluence, which will now join the search giant Google at Alphabet. Its technology could work especially well in virtual reality and augmented reality environments.

Eyefluence, which is working to enable eye movements to control digital screens, wrote in a blog post on Monday that it’s joining the search giant Alphabet Inc. The three-year-old startup, which had reportedly raised $21.6 million in funding, didn’t disclose a price

Uber launches Uber Debit Card

0
File illustration picture showing the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. A Frankfurt court earlier this month instituted a temporary injunction against Uber from offering car-sharing services across Germany. San Francisco-based Uber, which allows users to summon taxi-like services on their smartphones, offers two main services, Uber, its classic low-cost, limousine pick-up service, and Uberpop, a newer ride-sharing service, which connects private drivers to passengers - an established practice in Germany that nonetheless operates in a legal grey area of rules governing commercial transportation. REUTERS/Kai Pfaffenbach/Files (GERMANY - Tags: BUSINESS EMPLOYMENT CRIME LAW TRANSPORT)

Uber  has partnered up with MasterCard MA  and Mexican online bank Bankaool to launch a debit card in Mexico.

According to Business Insider, the UberCard will only be available in Mexico where many card providers don’t allow their customers to use their cards for online payments, which is what Uber generally relies on. Luckily, because of MasterCard’s role in this collaboration, UberCard payments aren’t only relegated to the Uber app, but can be used anywhere that MasterCard is accepted.

Guaranty Trust Bank (GTBank) is still growing in this economy

0

Guaranty Trust Bank (GTBank) in its nine-month unaudited report posted an 8.2 per cent increase in operating expenses, an indication of rising challenges in the industry.

Also, although it recorded 59.6 per cent increase in profit after tax to N119.9 billion from N75.2 billion in the corresponding period of 2015, its cost-to-income ratio, which moderated to 28.5 per cent in the period under review is said to be high too.The bank’s Profit Before Tax also rose from N92.06 billion to N140.84 billion, an increase of 53 per cent.

The improved performance, according to the bank, was attributable to its aggressive pursuit of outlined key objectives for the year, as well as benchmarking the bank in line with global standards.

Its loan book grew by 19.6 per cent, from N1.372 trillion recorded in December 2015 to N1.640trillion in September 2016, while Total Assets of the bank stood at N3.093 trillion, with shareholders’ funds of N483.4billion.

Venmo gets a competitor from U.S. banks via Zelle

0

US banks announced their Venmo competitor. Set to compete against PayPal-owned Venmo, their money-transfer app will be called Zelle. It will launch next year and be built atop the payments networks of the nation’s biggest banks, including Chase, Citi, and Bank of America.

Applications Open for Olam Prize for Innovation in Food Security

0

The Olam Prize is one of four initiatives launched for Olam’s 25th anniversary in 2014, which also includes a scholarship program, a foundation and the Building Sustainable Futures Forum, which was held on September 15, 2016. Entries are now open for the second global Olam Prize for Innovation in Food Security. The winning research project for the 2016/2017 edition will receive $50k of funding. The laureates may also have the opportunity to work with Olam to develop the practical application of their innovation with the company’s expertise in agricultural supply chains spanning 47 products in 70 countries.