Archive | Industry

PayPal Fined $7.7m

E-payment company PayPal have agreed to pay $7.7 million to settle charges by the US Treasury Department. This is due to the claims that PayPal, owned by popular auction site EBay, violated sanction programs against countries such as Cuba and Iran. They also violated the US law 486 times according to the Treasury. PayPal are also said to have dismissed alerts about doing business with a company on the sanctions blacklist, who are tied to […]

New Moto 360 Smartwatch Revealed By Lenovo CEO?

The next range of Moto 360 smartwatches may have been revealed online accidentally by a member of the Lenovo hierarchy. Yang Yuanqing, CEO of Lenovo posted an image of smartwatches and components for the devices on social media platform Weibo. The image was later deleted. From what we can see, the new range of Moto 360’s will still have a circular face, whilst new bands will be released to connect to the face. We predict […]

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