Category Archives: (KFGO The Mighty 790) Technology
FTX’s COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says
By Hannah Lang (Reuters) - Former FTX chief operating officer Constance Wang agreed to serve as a witness for U.S. prosecutors in their case against the crypto exchange's founder and former CEO Sam Ba...
Oct 03, 2023
Revolut strikes share deal with SoftBank to remove barrier to UK licence – FT
(Reuters) - UK-based fintech company Revolut has agreed to simplify its ownership structure with investor SoftBank, removing one obstacle to win a long-delayed banking license in its home market, the ...
Oct 03, 2023
US SEC asks judge to deny Coinbase motion to dismiss its lawsuit -filing
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday asked a federal judge to deny a motion from Coinbase Global to dismiss the regulator's lawsuit against the cryptocurre...
Oct 03, 2023
Intel to operate its Programmable Solutions Group as standalone business
(Reuters) - Chipmaker Intel said on Tuesday it plans to operate its Programmable Solutions Group as a standalone business starting January next year. (Reporting by Samrhitha Arunasalam in Bengaluru; E...
Oct 03, 2023
EU lawmakers back tough media law against Big Tech’s content removal decisions
By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers on Tuesday voted for draft rules targeting Alphabet's Google, Meta Platforms and other large online platforms' content moderation restrictions after s...
Oct 03, 2023
Exclusive-Meta to lay off employees in metaverse silicon unit on Wednesday
NEW YORK (Reuters) - Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the ma...
Oct 03, 2023
Meta Oversight Board to open case on manipulated video of US President Biden
NEW YORK (Reuters) - Meta's Oversight Board plans to open a case examining an altered video of U.S. President Joe Biden that was flagged by a user on the company's flagship social media service Facebo...
Oct 03, 2023
US senators examine TikTok hiring of ByteDance executives
By David Shepardson WASHINGTON (Reuters) - Two U.S. senators said they were investigating short video sharing app TikTok's reported decision recently to hire several high-level executives from its Chi...
Oct 03, 2023
Elon Musk must face fraud lawsuit for disclosing Twitter stake late
By Jonathan Stempel NEW YORK (Reuters) - Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose tha...
Oct 03, 2023
Russian tech firm Astra to open books for IPO on Thursday – sources
By Olga Popova and Gleb Stolyarov MOSCOW (Reuters) - Russian technology company Astra plans to open the books for an initial public offering (IPO) on the Moscow Exchange on Thursday, two financial mar...
Oct 03, 2023
