Here are five technological occasions that occurred last week and how they work. Did you miss them?
1 – Boeing 747s use floppy disks. Yes, floppy disks.
A recent report revealed that Boeing 747s, which were originally revealed in the 1980s, continue to use floppy disks to download critical software updates. Recently, members of Pen Test Partners’ security research team had the opportunity to read the entire avionics of the aircraft in detail, finding a disk drive that was still a floppy disk. According to the report, the disk reader was used to import critical knowledge that guided the navigation of the aircraft and required updates once a month that were installed through an engineer who scaled at the site. (Source: The Verge)
Why it’s vital to your business:
Before I panic, I really sense it, basically because a lot of my small business clients do the same. Despite all the experts who insist that we use the newest technologies, there is an explanation for why stick to the old: if it works, don’t break it. Perhaps the cost/benefit of replacing those archaic floppy disk systems doesn’t value it. That’s a question Boeing has to answer. But countless small business owners use this logic when deciding where to spend their investments. And in many cases, the resolve to stay with older technologies makes more sense if the return of the investment cannot be justified.
2 – Wireless headphones and Bluetooth headphones are for phone calls.
CNET’s publishers, on technology, culture, and science, recently released their possible options for the most productive wireless headsets by 2020. Possible options were divided into 3 categories: inexpensive wireless headphones, more productive noise-reducing headphones and most real wireless headphones/genuine productive ones. (Source: CNET)
Why it’s vital to your business:
Everyone uses these things and maybe you’ll pay for it as an advantage. If so, then the first selection of wireless headphones actually with the most productive sound, Momentum True Wireless 2 from Momentum, which costs three hundred dollars. The first position for the noise-cancelling headphones was for Sony’s $350 WH-1000XM3. Finally, at a cost of $249, the most productive wireless noise-reducing headphones were the Apple Airpods Pro.
3 —Amazon launches Amazon Accelerate, a small virtual event, in September.
Amazon announced last week that it plans to launch its first Amazon Accelerate, a flexible convention for small businesses that will run virtually. The convention, scheduled for the first 3 days of September, will offer more than 60 more sessions for small businesses to navigate the remaining months of the year and prepare them for years to come. (Source: Market Watch)
Why it’s vital to your business:
According to the company, over the following year, small businesses in the United States have sold more than $3.4 billion worth of products in the tech giant’s stores. If you’re an Amazon partner, merchant, or reseller, this time is likely to provide you with valuable data to help you be more successful on the platform.
4 – Facebook has shaped Facebook Financial to intensify its online payment efforts.
Facebook is stepping up its participation in e-commerce through the recent launch of Facebook Financial, an organization that will care about e-commerce and payment companies. According to Bloomberg News, Facebook Financial will manage all of the organization’s payment companies, which come with its existing payment platform, Facebook Pay. The purpose of this new effort is to keep users in their apps for longer to magnify their advertising efforts and make more purchases on WhatsApp, Messenger and Instagram. (Source package: Pymnts)
Why it’s vital to your business:
Social brands like Facebook will continue to make a wonderful effort to keep their small businesses on their sites by providing more features to sell, rent and collect money. I anticipate a time when a small business will do all its business on Facebook because of all the equipment available.
5— Start auditing the revenue stream The Closing Docs is assisting asset managers in this economic crisis.
The Closing Docs, a Seattle-based startup, seeks to help landlords and tenants with the coronavirus pandemic. The startup is helping asset managers get a clearer picture of a tenant’s ability to pay rent through their source of income verification software. (Source package: GeekWire)
Why it’s vital to your business:
If you are in the genuine goods control industry, this is a tool to consider. When a prospective tenant applies for an apartment, the company software connects to the applicant’s bank account to review and organize their deposit knowledge in a revenue source report for single people. The software also has the ability to be incorporated with online rental applications.
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I was a former senior executive at KPMG and since 1994 I own Marks Group PC, a 10-person visitor dating consulting firm founded abroad.
I was a former senior executive at KPMG and since 1994 the owner of Marks Group PC, a 10-person visitor dating consulting firm founded outdoors in Philadelphia. I’ve written six books on small business control, adding the latest “Manufacturer List Book” and “In God We Trust, All Pay Cash: Simple Lessons from Smart Entrepreneurs.” In addition to Forbes, in the past I wrote for The Washington Post and The New York Times and now I write for The Guardian, The Philadelphia Inquirer, Inc., Magazine, Entrepreneur Magazine and Fox Business. I don’t make up for the number of people who read what I write.