Tag Archives: technology
Russia’s Sberbank executes first digital asset issue on its platform
MOSCOW (Reuters) - Russia's dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing ...
Jul 09, 2022
Twitter workers brace for more ‘circus’ after Elon Musk torpedoes deal
By Sheila Dang and Katie Paul (Reuters) - Twitter Inc employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social m...
Jul 08, 2022
Timeline: Elon Musk seeks to end $44 billion Twitter pursuit
(Reuters) - Elon Musk has said he intends to terminate his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter said it wo...
Jul 08, 2022
Elon Musk terminates $44 billion Twitter deal
(Reuters) - Tesla Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc, citing material breach of multiple provisions of the agreement. Shares of Tw...
Jul 08, 2022
Florida man charged with selling fake Cisco equipment in $1 billion scheme
By Jonathan Stempel (Reuters) - U.S. prosecutors on Friday announced the arrest of a Florida man accused of importing counterfeit Cisco networking equipment that if authentic would be worth more than ...
Jul 08, 2022
Aerojet Rocketdyne to pay $9 million to resolve allegations of U.S. cybersecurity violations
WASHINGTON (Reuters) - Rocket engine maker Aerojet Rocketdyne has agreed to pay $9 million to resolve allegations that it violated U.S. law by misrepresenting its compliance with cybersecurity require...
Jul 08, 2022
Google offers concessions to avoid U.S. antitrust lawsuit -WSJ
WASHINGTON (Reuters) -Alphabet Inc's Google has offered concessions to avoid a potential U.S. antitrust lawsuit alleging that the company abuses its clout in the advertising technology business, the W...
Jul 08, 2022
Panasonic lawsuits say Broadcom violated computer tech patents
By Blake Brittain (Reuters) - Japanese electronics maker Panasonic accused chipmaker Broadcom Corp of violating its rights in several computer-technology patents in Texas federal court Thursday. Panas...
Jul 08, 2022
Blockchain.com faces $270 million hit on loans to bankrupt Three Arrows – CoinDesk
(Reuters) - Cryptocurrency exchange Blockchain.com could lose $270 million from lending to hedge fund Three Arrows Capital (3AC), which filed for bankruptcy earlier this month, CoinDesk reported on Fr...
Jul 08, 2022
Fed’s Brainard urges swift action on regulating cryptocurrencies
(Reuters) - The world of cryptocurrencies needs strong regulation to be begun to be put in place now before it becomes so pervasive it poses financial stability risks, Federal Reserve Vice Chair Lael ...
Jul 08, 2022
