Category Archives: (KFGO The Mighty 790) Technology
REUTERS NEXT: U.S. Treasury’s Adeyemo calls for global cooperation on crypto regulations
WASHINGTON (Reuters) - The collapse of Bahamas-based cryptocurrency exchange FTX points up the need for the United States to cooperate with other countries to develop effective international regulatio...
Dec 01, 2022
France’s Macron criticizes Musk for relaxing Twitter content rules
(Reuters) - Elon Musk relaxing content moderation policies on Twitter is "a big issue", French President Emmanuel Macron said on Thursday in an interview on television show Good Morning America. The M...
Dec 01, 2022
U.S. lawmakers say some fintechs failed to prevent ‘obvious’ pandemic fraud
By Hannah Lang (Reuters) - Several fintech companies that facilitated high volumes of pandemic-related loans to businesses in 2020 had inadequate processes to detect fraud, according to a new report f...
Dec 01, 2022
U.S. CFTC chairman says met with former FTX chief 10 times over clearing application
WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam told lawmakers on Thursday that he met with former FTX chief executive officer Sam Bankman-Fried 10 t...
Dec 01, 2022
Exclusive-Meta sought to settle EU antitrust investigations, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Facebook owner Meta reached out to EU antitrust regulators some time back in an attempt to settle investigations into its use of customer data and the tying of its ...
Dec 01, 2022
U.S. Justice Department weighs new guidance on messaging apps, clawback policies -official
By Chris Prentice WASHINGTON (Reuters) -The U.S. Justice Department's criminal division is weighing issuing additional guidance for corporations on employees' use of personal devices and third-party m...
Dec 01, 2022
Salesforce shares tumble after surprise exit of co-CEO Taylor
(Reuters) - Shares of Salesforce Inc sank more than 7% before the bell on Thursday after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two...
Dec 01, 2022
FTX ex-CEO Bankman-Fried says he did not know of improper use of customer funds -ABC News
WASHINGTON (Reuters) - FTX founder Sam Bankman-Fried said there was a borrowing-lending facility at the cryptocurrency exchange but he did not know of deposits being used to pay its affiliated trading...
Dec 01, 2022
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) - Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc's December quarter, as Beijing's strict lockdowns crimp production at the world's biggest i...
Dec 01, 2022
India’s digital rupee fails to excite interest, bankers say
By Nupur Anand and Swati Bhat MUMBAI (Reuters) - A month into India's pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefi...
Dec 01, 2022
