Tag Archives: technology
Crypto platform FalconX valued at $8 billion in new funding round
By Carolina Mandl NEW YORK (Reuters) - Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling it...
Jun 22, 2022
Fingerprint Cards board chair resigns after insider trading conviction
OSLO (Reuters) - Fingerprint Cards' board chair Johan Carlstrom resigned from his post on Wednesday after being found guilty of illegal insider trading, the company said in a statement. Carlstrom was ...
Jun 22, 2022
Crypto giant Tether to launch sterling-pegged stablecoin
By Elizabeth Howcroft and Tom Wilson LONDON (Reuters) - Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London dra...
Jun 22, 2022
Swedish court upholds ban on Huawei sale of 5G gear
STOCKHOLM (Reuters) - A Swedish appeals court on Wednesday upheld a ruling by a lower court that bans Chinese telecoms company Huawei from selling 5G equipment in the Nordic country. In 2020, Swedish ...
Jun 22, 2022
Japanese automotive hose maker Nichirin hit by ransomware attack
TOKYO (Reuters) - Japanese automotive hose maker Nichirin Co. on Wednesday said that a U.S. subsidiary had been hit by a ransomware attack forcing it shut down its computerised production controls. Th...
Jun 22, 2022
Buy now, pay later firm Zip to raise fees amid surging inflation
(Reuters) - Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising in...
Jun 22, 2022
SoftBank overseas business chief exits in latest churn
By Sam Nussey TOKYO (Reuters) -Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes wh...
Jun 21, 2022
Google News re-opens in Spain after eight-year shutdown
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet reopened Google News in Spain on Wednesday, eight years after it shut down the service because of a Spanish rule forcing the company and other news aggreg...
Jun 21, 2022
Messaging app Telegram: few paid subscribers needed to cover costs
(Reuters) - The Telegram messaging app, used by a wide range of Russian and Ukrainian officials during the war, only needs a small number of paid subscribers to cover its costs, founder Pavel Durov sa...
Jun 21, 2022
Canada passes bill to compel local content on streaming platforms
OTTAWA (Reuters) - Canada's lower house of the parliament passed legislation on Tuesday that would bring online streaming platforms under the stewardship of the country's broadcast regulator and compe...
Jun 21, 2022
