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IDC: Huawei was the #1 smartwatch maker in Q1-Q3 this year, Xiaomi was the fastest growing

The global market for wrist-worn smart devices – a category that combines smartwatches with the simpler fitness trackers – has reached 150+ million units shipped during the first three quarters of this year. This represents a 10% increase over the same period last year, IDC reports. Of those, smartwatches accounted for nearly 120 million units

IDC: Huawei was the #1 smartwatch maker in Q1-Q3 this year, Xiaomi was the fastest growing Read More »

PayPal wants to become a bank

PayPal now wants to become a bank in the US. The company has submitted the required applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, which would be a Utah-based chartered industrial loan company. PayPal says this would strengthen its business and improve its efficiency, enabling

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