Category Archives: (KFGO The Mighty 790) Technology
BlockFi in talks to raise funding at about $5 billion valuation – The Information
(Reuters) - Cryptocurrency startup BlockFi is in late-stage talks with new and existing investors to raise funding at a valuation of about $5 billion, the Information reported on Tuesday. New York-bas...
Syndicated Content Jun 08, 2021
Volkswagen weighs autonomous driving from 7 euros an hour
FRANKFURT (Reuters) - Volkswagen is considering offering autonomous driving on a pay-per-use basis, one of the brand's board members said in a newspaper interview. "Regarding autonomous driving we can...
Syndicated Content Jun 08, 2021
Kenyan president urges Ethiopia to open up mobile money market
By Giulia Paravicini ADDIS ABABA (Reuters) - Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to private mobile money business investors, a move that would comp...
Syndicated Content Jun 08, 2021
E-brokerage Scalable Capital raises 150 million euros in Tencent-led round
By Nadine Schimroszik BERLIN (Reuters) - Online brokerage Scalable Capital said on Tuesday it had raised 150 million euros ($183 million) from investors led by China's Tencent, becoming the latest Ger...
Syndicated Content Jun 08, 2021
MicroStrategy increases bitcoin-linked junk bond sale to $500 million – Bloomberg News
(Reuters) - MicroStrategy Inc, a major bitcoin corporate backer, has increased the size of a junk-bond sale to help buy more bitcoin, now targeting $500 million, Bloomberg News reported on Tuesday. Th...
Syndicated Content Jun 08, 2021
Chips shortage limits auto production in Brazil, automakers association says
By Alberto Alerigi SAO PAULO (Reuters) - Automaker's plants in Brazil have reached a "production ceiling" after the first five months of the year, below pre-pandemic levels, due to a shortage of compu...
Syndicated Content Jun 08, 2021
U.S. IRS chief says needs congressional authority for cryptocurrency reporting
WASHINGTON (Reuters) - U.S. Internal Revenue Service chief Charles Rettig said on Tuesday that Congress needs to provide clear statutory authority for the tax agency to collect information on cryptocu...
Syndicated Content Jun 08, 2021
G7 countries devise way to catch Amazon in tax net – sources
PARIS (Reuters) - G7 states have found a way to include Amazon, one of the world's biggest companies, on a list of 100 set to face higher taxes in the countries where they do business by targeting its...
Syndicated Content Jun 08, 2021
Colonial Pipeline CEO tells Senate cyber defenses were compromised ahead of hack
By Stephanie Kelly and Jessica Resnick-Ault NEW YORK (Reuters) - Colonial Pipeline Chief Executive Joseph Blount told a U.S. Senate committee on Tuesday that the company's cyber defenses were in place...
Syndicated Content Jun 08, 2021
Berkshire leads $750 million Nubank funding round, values it at $30 billion
By Carolina Mandl (Reuters) -Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint a...
Syndicated Content Jun 08, 2021

