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Telecoms engineer Peng Jiezhao's taste for new smartphones and expensive sneakers seemed like a harmless, if expensive, hobby – until he started borrowing money from Chinese online lending sites to feed it.
India's dependency on cash may slow the country's transition to digital payments despite large numbers of Internet and mobile phone users.
Smartisan founder Luo Yonghao is now barred from taking flights or high-speed train trips as well as any sort of lavish spending.
In South Korea, videogames are practically the national pastime, played by the majority of adults and adolescents. Even after the WHO recognized gaming addictions as a mental health disorder, the country is struggling to come to terms with this health problem.
Chance to ‘participate in whistle-blowing’ in line with China’s social credit system.
French supermarket retailer Casino said it was beefing up its partnership with tech giant Amazon following the success of an earlier deal between its Monoprix supermarket chain and Amazon in Paris.
For Dimitra Dionysopoulou, who lives in the shadow of the Acropolis, there is no mistaking the signs of the Airbnb takeover in her neighbourhood.
You just had dinner with a co-worker, and you want to pay her back then and there. So, you grab your smartphone to settle the debt via Venmo or Zelle or Square Cash. She's not a contact, but no big deal, you think. These apps are made for moving money easily.
On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.
Building a blacklist to name and shame misconduct in cyberspace is likely part of China’s broader plan for a social credit system.