Category Archives: (KFGO The Mighty 790) Technology
Analysis: South Korea’s high-speed 5G mobile revolution gives way to evolution
By Byungwook Kim SEOUL (Reuters) - South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and s...
May 12, 2022
Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto
SINGAPORE (Reuters) - Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled ...
May 12, 2022
Nomura offers its first bitcoin derivatives, just as crypto markets tumble
HONG KONG (Reuters) - Nomura has begun offering bitcoin over-the-counter derivatives to clients, it said Friday, the latest move by a traditional financial institution into the cryptocurrency industry...
May 12, 2022
Affirm lifts revenue outlook, extends Shopify deal; shares surge
(Reuters) - Affirm Holdings Inc raised its annual revenue forecast and said it has extended a multi-year partnership with Shopify in the United States, sending shares of the buy now, pay later (BNPL) ...
May 12, 2022
SoftBank’s chip tech firm Arm posts record 2021 revenue
By Jane Lanhee Lee SAN FRANCISCO (Reuters) - SoftBank Group Corp's chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive Rene Haas told Reuters its business fo...
May 12, 2022
Memory chip maker Micron launches new pricing experiment for stability
By Jane Lanhee Lee and Chavi Mehta SAN FRANCISCO (Reuters) - Chipmaker Micron Technology Inc on Thursday announced it was experimenting with a new pricing model for its chips called forward pricing ag...
May 12, 2022
Privacy advocates slam Mexico court ruling over access to bank data
MEXICO CITY (Reuters) - A Mexican Supreme Court ruling giving the country's finance agencies automatic access to citizens' and companies' banking information sparked outrage on Thursday from privacy a...
May 12, 2022
U.S. lawmakers ask tech companies to archive evidence of potential Russian war crimes, NBC reports
(Reuters) - Four Democratic lawmakers have sent letters to the CEOs of YouTube, TikTok, Twitter and Facebook-owner Meta asking them to archive content that could be used as evidence of Russian war cri...
May 12, 2022
SEC’s Hester sees ‘movement’ on U.S. stablecoin regulations
LONDON (Reuters) - A top official at Wall Street watchdog the Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto "stablecoins" could be drawing closer. Cr...
May 12, 2022
Explainer-What are stablecoins, the asset rocking the cryptocurrency market?
By Elizabeth Howcroft LONDON (Reuters) - Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins. As crypt...
May 12, 2022
