CUBA'S INFORMAL MARKET FINDS NEW SPACE ON GROWING INTERNET
Techlife News|Techlife News #579
In the Telegram group chat, the messages roll in like waves.
CUBA'S INFORMAL MARKET FINDS NEW SPACE ON GROWING INTERNET

“I need liquid ibuprofen and acetaminophen, please,” wrote one user. “It’s urgent, it’s for my 10-month-old baby.”

Others offer medicine brought from outside of Cuba, adding, “Write to me in a direct message.” Emoji-speckled lists offer antibiotics, pregnancy tests, vitamins, rash creams and more.

The group message, which includes 170,000 people, is just one of many that have flourished in recent years in Cuba alongside an exponential increase in internet usage on the communist-governed island.

The informal sale of everything from eggs to car parts – the country’s so-called black market – is a time-honored practice in crisis-stricken Cuba, where access to the most basic items such as milk, chicken, medicine and cleaning products has always been limited. The market is technically illegal, but the extent of illegality, in official eyes, can vary by the sort of items sold and how they were obtained.

Before the internet, such exchanges took place “through your contacts, your neighbors, your local community,” said Ricardo Torres, a Cuban and economics fellow at American University in Washington. “But now, through the internet, you get to reach out to an entire province.”

With shortages and economic turmoil at the worst they’ve been in years, the online marketplace “has exploded,” Torres said.

Bustling WhatsApp groups discuss the informal exchange rate, which provides more pesos per dollar or euro than the official bank rate.

هذه القصة مأخوذة من طبعة Techlife News #579 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة Techlife News #579 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من TECHLIFE NEWS مشاهدة الكل
iPad mini - AI-READY DESIGN: THE A17 CHIP POWERHOUSE IN A COMPACT SIZE
Techlife News

iPad mini - AI-READY DESIGN: THE A17 CHIP POWERHOUSE IN A COMPACT SIZE

Technology continues to shrink in size yet grow in capability, and the new iPad mini is no exception. The robust tool was designed to meet the demands of both personal and professional users.

time-read
5 mins  |
December 28, 2024
16 Pro - AI-ORIENTED IMPROVEMENTS ON THE NEW IPHONE FLAGSHIP
Techlife News

16 Pro - AI-ORIENTED IMPROVEMENTS ON THE NEW IPHONE FLAGSHIP

At this year’s September Event, Glowtime, Apple unveiled new Apple Watches, AirPods, and iPhones.

time-read
4 mins  |
December 28, 2024
iPhone 16 - THE STANDARD MODEL HAS NEVER BEEN THIS CLOSE TO PRO PERFORMANCE
Techlife News

iPhone 16 - THE STANDARD MODEL HAS NEVER BEEN THIS CLOSE TO PRO PERFORMANCE

The iPhone 16 and iPhone 16 Plus usher in a new era of tech powered by cutting-edge Apple Intelligence.

time-read
5 mins  |
December 28, 2024
iPad Pro M4 - LOGIC PRO & FINAL CUT PRO: THE NEW HEIGHTS OF MOBILE COMPUTING
Techlife News

iPad Pro M4 - LOGIC PRO & FINAL CUT PRO: THE NEW HEIGHTS OF MOBILE COMPUTING

Apple wowed professionals with its all-new iPad Pro and iPad Air at its Let Loose event in May, but it is the accessories and software that will make the next generation of tablets stand out from the crowd and empower users to be more creative and productive than ever before.

time-read
5 mins  |
December 28, 2024
Next Gen - iOS 18: PERSONALIZATION & INTELLIGENCE ACROSS MULTIPLE FEATURES & APPS
Techlife News

Next Gen - iOS 18: PERSONALIZATION & INTELLIGENCE ACROSS MULTIPLE FEATURES & APPS

At this year’s WWDC, Apple introduced iOS 18, a significant update set to redefine the user experience on iPhone.

time-read
4 mins  |
December 28, 2024
Robotics - AI TECHNOLOGY NOW TURNING SCI-FI INTO INDUSTRIAL REVOLUTION
Techlife News

Robotics - AI TECHNOLOGY NOW TURNING SCI-FI INTO INDUSTRIAL REVOLUTION

The lines between science fiction and reality continue to blur, and new AI innovations bring the Machine Era closer to reality.

time-read
3 mins  |
December 28, 2024
AirPods 4 - THE FAST EVOLUTION OF THE POPULAR WIRELESS EARPHONES
Techlife News

AirPods 4 - THE FAST EVOLUTION OF THE POPULAR WIRELESS EARPHONES

AirPods have transformed how we experience audio. With the introduction of the fourth generation, Apple is pushing the boundaries of innovation further, delivering immersive sound and connectivity.

time-read
4 mins  |
December 28, 2024
Robot War - NEXT-GEN HUMANOID: OPTIMUS TESLA BOT VS ATLAS BOSTON DYNAMICS
Techlife News

Robot War - NEXT-GEN HUMANOID: OPTIMUS TESLA BOT VS ATLAS BOSTON DYNAMICS

Once a thing of science fiction, humanoid robots are now a reality, unlocking a new chapter in the world of technology and bringing to the fore a fascinating contest between two titans of the industry: Tesla, with its Optimus Tesla Bot, and Boston Dynamics, the creators of Atlas. It's a clash that could shape the future of robotics and how we live and work forever.

time-read
4 mins  |
December 28, 2024
2024 THE DAWN OF THE APPLE INTELLIGENCE PRODUCTIVITY
Techlife News

2024 THE DAWN OF THE APPLE INTELLIGENCE PRODUCTIVITY

2024 has been a groundbreaking year for Apple, with the tech giant continuing to deliver premium products catering to diverse users.

time-read
7 mins  |
December 28, 2024
AUSTRALIA PLANS TO TAX DIGITAL PLATFORMS THAT DON'T PAY FOR NEWS
Techlife News

AUSTRALIA PLANS TO TAX DIGITAL PLATFORMS THAT DON'T PAY FOR NEWS

The Australian government said it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizations.

time-read
2 mins  |
December 21, 2024