Airbnb wins this round

Posted by & filed under eCommerce.

Description:  In the grand battle of the City of New York versus Airbnb, the online rental agency wins this round. This means that Airbnb and other online rental agencies will not have to provide the City with details of renter addresses and names. The City is concerned that Airbnb and similar agencies can drive up… Read more »

Do you use self-checkout?

Posted by & filed under Canadian Economy, eCommerce.

Description:  Some call them job killers, those automated checkouts that seem to be spreading in the retail world. According to a survey from Dalhousie University, about 25% of those sampled had never used a self-checkout. Automation obviously allows for companies to cut costs. Some argue, though, that technological change leads to job growth. Date:  December… Read more »

StatsCan . . . and your banking

Posted by & filed under eCommerce.

Description:   Statistics Canada says that our banking information is “carefully protected and never shared publicly.” But with the headlines full of data breach stories, news that Statistics Canada has been asking the banks for our banking information – without asking us first – was grabbing attention this past week. Opposition politicians are piling on… Read more »

Not again!

Posted by & filed under eCommerce.

Description:  Not again! Here comes another data breach. This time out Air Canada is revealing that some hotel bookings made by its customers may have been included in a breach of the Orbitz site. Orbitz first reported this data breach on March 20. The size of the problem is relatively small compared to some of… Read more »

Dumping Facebook

Posted by & filed under eCommerce, Student life.

Description:  In the light of the controversy surrounding Cambridge Analytics’ use of Facebook user data during the 2016 U.S. election, users are dumping Facebook in a #DeleteFacebook movement. One organization benefiting from the #DeleteFacebook trend is Mastadon. Mastadon – https://mastodon.social/about – is a decentralized social network, meaning its users, in effect, operate the network. And its code… Read more »

Not a lot of wealth-sharing at YouTube

Posted by & filed under e-Commerce.

Description: There are a few YouTube stars who are making it rich, like the gamer Daniel Middleton who raked in about $16.5 million in the previous year. But most contributors are far away from big riches. Professor Mathias Bartl from Germany determined that reaching over a million views a month in the most viewed channels on… Read more »

Twitter posts a profit

Posted by & filed under e-Commerce, Ethics.

Description: After years of losses, Twitter has finally posted a quarterly profit. New tools that have helped to keep users online longer could be behind the recent success. This is definitely better news for Twitter than all the 2017 talk of how Russian bots may have infiltrated the social media platform and influenced the 2016… Read more »

Feeding the Bitcoin Generator

Posted by & filed under eCommerce, Managerial Accounting.

Description: With Bitcoin grabbing so many headlines lately with its dramatic rise in price, accompanied by a fall back towards $10,000 per unit, some are focusing attention on the costs of creating it. The so-called mining process that generates new bitcoin requires a shocking amount of computer power with some miners setting up server farms… Read more »

A new news partnership

Posted by & filed under eCommerce.

Description: With traditional news media in decline, Facebook is joining with Ryerson University to encourage start-up innovation in this industry. The program will target five startup companies to see how these new players might innovate within this important tech space. It will be interesting to see how this incubation experience might lead to genuine breakthroughs… Read more »

Cyber Monday

Posted by & filed under eCommerce.

Description: Cyber Monday has now overtaken Black Friday as the biggest day on the holiday shopping calendar. The online phenomenon has grown so huge that actually the Tuesday after Cyber Monday is now the second largest holiday purchase day in the United States. Accounting firm Deloitte indicated that 50% of consumers now seem to prefer… Read more »