Mobile World Congress called off amid virus worries
Mobile World Congress 2020 has officially been canceled, after swaths of companies individually pulled out due to concerns about the global spread of the coronavirus.
GSMA canceled the Barcelona event (the year’s biggest event for the telecom industry) because the virus concerns made it “impossible.”
Several companies pulled out of the event over the past week, with the exits of Ericsson (NASDAQ:ERIC) and Nokia (NYSE:NOK) carrying heavy weight (followed yesterday by the withdrawals of Facebook, Sprint, and Cisco).
“The Host City Parties respect and understand this decision. The GSMA and the Host City Parties will continue to be working in unison and supporting each other for MWC Barcelona 2021 and future editions,” says GSMA CEO John Hoffman.
WhatsApp hits two billion users
WhatsApp (FB +0.6%) has amassed 2B users, up from the 1.5B it revealed two years ago, according to a blog post that reiterated how committed the company is to providing end-to-end encryption.
While the platform remains smaller than Facebook’s 2.5B monthly users, it is more popular outside the U.S.
Beginning in Q3 2020, cardholders of U.S. financial institutions that participate in FIS Premium Payback network will be able to use their reward points to pay for purchases at PayPal merchants globally.
The agreement builds on the existing relationship between FIS and Worldpay for processing card payments for PayPal customers in more than 50 markets around the world.
Digital Realty buying 49% of key Northwest interconnect