Tag Archives: technology
Russia’s watchdog imposes measures against TikTok, Telegram, Zoom, Discord, Pinterest
MOSCOW (Reuters) - Russia's state communications watchdog Roskomnadzor said on Friday that it was taking punitive measures against a string of foreign IT companies, including TikTok, Telegram, Zoom, D...
Aug 19, 2022
Stablecoin Tether’s reserves fall by $16 billion in second quarter
LONDON (Reuters) - Stablecoin Tether's reserves were worth $66 billion at the end of June 2022, down from $82.4 billion at the end of March, the company said in a statement on Friday. Tether's holding...
Aug 19, 2022
ByteDance’s Douyin teams up with Alibaba’s Ele.me in mini programme push
BEIJING (Reuters) - ByteDance's Douyin and Alibaba-owned Ele.me said on Friday they have agreed on a collaboration that will see the food delivery app establish a presence on Douyin, as the Chinese sh...
Aug 19, 2022
Xiaomi Q2 revenue drops as COVID restrictions hit China sales
SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp posted a 20% drop in second quarter revenue on Friday, as the world's biggest smartphone market shrank, hit by strict COVID restrictions. Xiao...
Aug 19, 2022
Key Pakistani internet providers report outage
(Reuters) - Key Pakistani telecom operators reported that internet connectivity was down in some regions in the country on Friday, while the country's telecom regulator said it was investigating the i...
Aug 19, 2022
UK cost-of-living crisis prompts warning to ‘buy now, pay later’ lenders
By Huw Jones LONDON (Reuters) - Britain's financial watchdog has told firms offering 'buy now, pay later' loans to spell out the cost of late repayments to customers as the UK cost-of-living crisis in...
Aug 19, 2022
Crypto lender Hodlnaut lays off staff, reveals police probe
(Reuters) - Troubled crypto lender and borrower Hodlnaut on Friday laid off about 40 employees since pausing crypto withdrawals and disclosed an investigation by the Singapore police. The company, whi...
Aug 19, 2022
Just Eat Takeaway grabs cash, sells Brazil’s iFood to Prosus for 1.8 billion euros
By Toby Sterling AMSTERDAM (Reuters) -Technology investor Prosus said on Friday it would pay up to 1.8 billion euros ($1.81 billion) to buy the 33% stake in Brazil's iFood from rival Just Eat Takeaway...
Aug 19, 2022
China’s cyberspace regulator: supportive of domestic firms seeking foreign capital
BEIJING (Reuters) - China's cyberspace regulator said on Friday that it was supportive of domestic companies seeking foreign capital and that the focus of its review was whether there was the risk of ...
Aug 18, 2022
Indonesia president wants Tesla to make EVs in country – Bloomberg News
(Reuters) - Electric vehicle maker Tesla must make its cars - not just batteries - in Indonesia, the country's president told Bloomberg News on Thursday. President Joko Widodo said Indonesia wants a "...
Aug 18, 2022
