Practical Techie: Tech advances flow in ’21 amid pandemic and disasters
December 29, 2021
Now that 2021 is the year that was…it was, as usual, one with many high-tech advances. Breakthroughs in digital science were not the least deterred by the cataclysmic events of these past year. So, what flows next? There are already clear insights on the horizon of technological developments for 2022 and beyond as applied to […]
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Puerto Rico among 30 jurisdictions exploring adoption of Apple Wallet digital IDs
December 28, 2021
Puerto Rico is among 30 jurisdictions that is exploring the possibility of adopting technology giant Apple’s digital ID feature, which would allow citizens to add their driver’s license or state ID to their iPhone’s digital Wallet application. The feature could go live early next year. The ID stored in the Wallet app could be used […]
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Reconstruction investments should push Puerto Rico’s economy to 2.0% growth in ’22
December 27, 2021
After a year of stabilization in the labor market and some economic sectors’ recovery following the dislocation caused by the COVID-19 pandemic, it is possible to expect a moderate economic growth of 2.0% by the end of fiscal year 2022, according to economic analysis firm Estudios Técnicos Inc. “The favorable performance of the Puerto Rico […]
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FTC, Debt.com stats show 2916% surge in identity theft in US, PR
December 23, 2021
The COVID-19 pandemic is being blamed for an increase of 2916% of identity theft reports filed in the US and Puerto Rico, mostly related to government benefits, credit cards and online sales, statistics from the Federal Trade Commission and Debt.com show. Debt.com’s data shows that 46% of people whose identity was stolen was related to […]
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Practical Techie: Digital money seen as a damper for political corruption
December 23, 2021
The famous Mexican actress Maria Félix said it candidly: “Money is not the most important thing in life, but it does calm your nerves.” Others say that money indeed makes the world go ‘round. Truly, it has been humanity’s instrument of barter and exchange goods since time immemorial. Also, since long ago, coinage has been […]
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Practical Techie: Be careful — digital toys may be spying devices
December 15, 2021
In the high-tech world, security and privacy go hand in hand. If a device stores personal information, privacy depends on the gadget’s ability to keep secrets safe from intruders. In that sense, some of the playthings we give our kids as Christmas or birthday gifts may be spying on us. So, which toys should we […]
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Practical Techie: YouTube puts out list of top 10 video creators for ’21
December 8, 2021
As 2021 winds up, it’s time to look back on specific developments in the high-tech sphere. For one, video retained its standing as the prime communication tool in social media. Consequently, YouTube is a central platform for videography. Thus, the platform released an overview of the top videos of the year, and it depicts interesting […]
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Work credit could lift 125K people out of poverty in Puerto Rico
December 2, 2021
An estimated 125,000 people, or 54,920 families or taxpayers, could cross the poverty line in Puerto Rico by adopting the new Earned Income Tax Credit, Economist Daniel Santamaría-Ots, senior public policy analyst at Espacios Abiertos, confirmed upon analyzing tax returns filed for the year 2019. The nonprofit released the results of the study entitled “The […]
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Cybercrimes have escalated during COVID-19 pandemic
December 2, 2021
Considering the increasing incidence of cybercrimes, companies must know their risk profiles, prioritize cyber hygiene, and identify the appropriate insurance solutions for their type of company, but above all, start as soon as possible. Those were some of the recommendations offered by Brian J. Schnese who, prior to becoming a risk consultant for Hub International, […]
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Practical Techie: Is artificial intelligence deciding who gets a top job?
December 1, 2021
Automation has turned the corner far enough to reach the pile of resumes of job seekers sitting atop the desk of a typical human resources executive. The crucial document is being screened at present time by artificial intelligence (AI) before it even reaches the hands of the top recruitment decision-makers. In reality, it’s two technologies […]
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CNE to host annual conference to ‘reimagine Puerto Rico’s future’
November 30, 2021
The Center for a New Economy (CNE) will hold its annual conference, the Growth Policy Summit 2021, when it will address Puerto Rico’s economic growth from different perspectives with the input of leaders in education, philanthropy, fiscal affairs, and economics. The Growth Policy Summit will be held Dec. 3 at the Sheraton Hotel in the […]
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Economic Activity Index up 2.7% in Sept. despite pandemic-related crisis
November 24, 2021
Puerto Rico’s Economic Activity Index (EAI) for September 2021 reached a maximum level of 120.3 points, representing a year-on-year increase of 2.7%, according to the Puerto Rico Economic Development Bank’s Center for Economic Studies. “This is the seventh year-on-year increase after 12 consecutive reductions. If compared to the previous month, the EDB-EAI’s growth rate rose […]
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Practical Techie: Cyberattacks against business on the rise in LatAm
November 24, 2021
As cybercriminals become more audacious, a small business must counter the new danger by paying more attention to the different types of cyberattacks that bring loss and frustration to any entrepreneur. Cyberattacks have gone up in Latin America by 24%, since last year, as compared with 2020, according to the Kaspersky digital security platform. Such […]
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Puerto Rico ranks 69th in global Economic Freedom Index
November 19, 2021
Puerto Rico’s standing in the 2020 edition of the Economic Freedom Index did not reflect drastic changes, increasing just oane point to 64.4 in 2020 vs. 64.4 in 2019. This ranks the island in 69th place among 181 countries worldwide, and in 13th place among 33 countries in the Americas. The US mainland ranks 17 […]
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CNE study: Public university system needs to be ‘divorced from politics’
November 18, 2021
The Center for a New Economy (CNE) is incorporating the topic of higher or post-secondary education in its work agenda, for which it has added an expert who in an analysis concluded, among other things, that higher learning in Puerto Rico cannot be tied to election cycles. In her first analysis for the think-tank, titled […]
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