Acer and Porsche Design teamed up for the luxury Acer Book RS laptop

Tech News

Acer is teaming up with Porsche Design on a new high-end luxury laptop, the Porsche Design Acer Book RS, which looks to combine Porsche Design’s product designs with Acer’s laptop. The partnership here is an important one, given that the brand’s last laptop, the Porsche Design Book One, had some key flaws caused by prioritising style over functionality. The Porsche Design Acer Book RS, on the other hand, looks like a more conventional laptop. The specs are also encouraging, with a choice of Intel’s 11th Gen Core i5 and i7 processors, 8GB or 16GB of RAM, and either 512GB or 1TB of storage. Graphics can either be left to Intel’s integrated Iris Xe graphics or an optional discrete Nvidia MX350 GPU. The laptop itself is also far cheaper than Porsche Design’s last laptop, starting at $1,399 in the United States; although exact pricing and a release date have yet to be announced. The two companies are also offering a variety of matching accessories to go with the laptop, including a $109.99 mouse (also with carbon fiber accents) and a case, which can be bundled together for $329.99, or in a “premium package” that includes the higher-specced i7 model of the laptop.

PayPal and Venmo will now accept crypto currency for all online payments

PayPal announced it would begin supporting crypto currencies for the first time, allowing any PayPal account holder to store, buy, and sell virtual currencies starting later this year. The announcement makes PayPal arguably the most significant company in the financial tech sector to adopt support for virtual currencies. PayPal competitor Square launched support for bitcoin back in 2018 through its Cash app, but PayPal is going further in supporting bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal also plans to extend support to its money-sending subsidiary Venmo and international markets starting early next year. For now, PayPal plans to launch digital currency support for US users in the coming weeks. The move makes PayPal a major digital wallet as well as a crypto currency exchange, and the result could substantially increase potential adoption of crypto currencies among everyday users and online merchants. According to Bloomberg, PayPal has more than 346 million active accounts, of which 26 million are merchants. Reuter’s reports transactions on PayPal’s platform will be settled using traditional fiat currency, so merchants won’t need to transfer digital coins into dollars following a transaction.