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Mtgz Partnership Helps Telecom Companies Collect Cash 鈥?Digitally
Singles Day started quite humbly.Before it was <a href=https://www.stanleycups.pl>kubki stanley</a>  an international shopping festival raking in just under $50 billion in sales in a single day, it was an informal holiday in China, seen as an alternative to Valentine <a href=https://www.cup-stanley.fr>stanley france</a> s Da <a href=https://www.cup-stanley.fr>stanley cup</a> y for single college students.But a decade ago, Alibaba decided to turn Singles Day from an informal Nov. 11 holiday celebrated on college campuses into an event 鈥?specifically, a shopping event modeled after Black Friday in the U.S.The first Singles Day event in 2009 didnt look like much of a world changer, as the company took in only $7.8 million in sales. Black Friday, by comparison, brought in $595 million 鈥?and that was widely considered a bit of an off year because of the Great Recession.In the intervening decades, both events have gotten bigger, but Singles Day  also known as 11.11  has long since surpassed its inspiration in terms of dollars brought in. In 2019, Black Friday generated roughly $7.2 billion in sales, while Singles Day brought in roughly $38.3 billion.Part of that difference, PYMNTS discussed in a recent conversation with PingPongs Senior Director of the International Product Richard Zheng, is a simple matter of size. There are roughly 240 million American adults, compared to 1 billion Chinese adults. Starting with a shopping population that is more than four times larger is a big advantage.But, Zheng noted, it isnt just the fact that China has a lot more people 鈥?over the last decade, the countrys digital commerce culture has evolved quite  Kher Neiman Marcus Adds MasterPass To eCommerce Portfolio
The government has jus <a href=https://www.stanleycup.fr>stanley mug</a> t named two leaders in its ongoing  and, at this point, arguably losing  battle with cybercrime.President Obama   former national security advisor, Thomas Donilon, and IBM   former CEO, Sam Palmisano, will serve as the chairman and vice chairman of a 12-person work group tasked with the simple job of coming up with some solid recommendations as to how to slow down cyberth <a href=https://www.stanley-cup.us>stanley us</a> reats by December of this year.So far, two members have been appointed; now, they just have to find the other ten.The  <a href=https://www.stanleycups.us>stanley website</a> group will be tasked with heading off attacks lobbed at the government directly, like last year   devastating hack against the Office of Personnel Management聽 or last week   rather embarrassing attacks on the DoJ and Homeland Security by an amateur hacker who did the task almost entirely to make a point about how lousy U.S. cybersecurity really is . The group will also be tasked with offering businesses the assistance they ;ve been seeking from the federal government to protect their networks from hackers.Obama met with Donilon and Palmisano on聽Wednesday  Feb. 17  at the White House. He wants this commission not to just generate a fat report  8230; but rather take on the big questions and the hard challenges and lay out some concrete proposals for how the next administration 鈥?and, frankly, administrations after that 鈥?can chart the course to navigate those long-term challenges,  Lisa Monaco, the White Houses assistant to the president for ho
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