Category Archives: (KFGO The Mighty 790) Technology
FTC files partially redacted version of complaint against Facebook — court filing
WASHINGTON (Reuters) - The Federal Trade Commission on Thursday filed an amended complaint in federal court to continue pursuing its claims against Facebook saying the online platform maintains monopo...
Aug 19, 2021
Explainer-Binance: The crypto giant facing pressure from regulators
By Tom Wilson LONDON (Reuters) - Financial regulators across the world have targeted major cryptocurrency exchange Binance. Some have banned the platform from certain activities, while others have war...
Aug 19, 2021
U.S. FTC expected to file amended complaint against Facebook
WASHINGTON (Reuters) - The U.S. Federal Trade Commission is expected to file on Thursday its amended complaint against Facebook, accusing it of breaking antitrust law. The agency had filed a lawsuit i...
Aug 19, 2021
Exclusive: Facebook selects local journalists paid in $5 million newsletter recruitment push
By Elizabeth Culliford (Reuters) - Facebook Inc has chosen 25 local independent journalists to be paid out of a $5 million pot to write for its newsletter site Bulletin through multiyear deals, the co...
Aug 19, 2021
Fireblocks appoints former SEC Chair Clayton to advisory board
By Noor Zainab Hussain (Reuters) - Fireblocks, a platform that allows banks and other financial institutions to store, move and issue cryptocurrencies, on Thursday appointed Jay Clayton, former U.S. S...
Aug 19, 2021
EV scooter startup Bird posts lower loss amid rapid expansion
By Nick Carey (Reuters) - Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions eas...
Aug 19, 2021
Facebook launches VR remote work app, calling it a step to the ‘metaverse’
By Elizabeth Culliford (Reuters) - Facebook Inc on Thursday launched a test of a new virtual-reality remote work app where users of the company's Oculus Quest 2 headsets can hold meetings as avatar ve...
Aug 19, 2021
Robinhood tumbles 12% after warning of slowdown in retail trading
(Reuters) - Shares of Robinhood Markets Inc tumbled 12% on Thursday, after the owner of the popular trading app warned that the trading frenzy among small-time investors that boosted its second-quarte...
Aug 19, 2021
Indonesia’s GoTo set to wrap up $2 billion funding round, eyes IPO in 2022 -sources
By Anshuman Daga and Fanny Potkin SINGAPORE (Reuters) - Indonesia's biggest tech group GoTo is set to complete a pre-IPO funding exercise to raise up to $2 billion in the next few weeks, but regulator...
Aug 19, 2021
Russia fines Google a further $26,989 for failing to remove banned content
MOSCOW (Reuters) - A Moscow court on Thursday said it had fined Alphabet Inc.'s Google 2 million roubles ($26,989) for failing to delete content Russia deems illegal, part of a wider dispute between M...
Aug 19, 2021
