Tag Archives: technology
Sony to build space lasers with new satellite services unit
By Joey Roulette WASHINGTON (Reuters) - Sony on Thursday said it formed a new company that will build and supply devices that allow small satellites in orbit to communicate with one another via laser ...
Jun 02, 2022
Coinbase to extend hiring freeze and rescind some accepted offers – blog post
By Hannah Lang (Reuters) - Coinbase Global Inc will extend its hiring freeze for the foreseeable future and rescind a number of accepted offers in order to deal with current macroeconomic conditions, ...
Jun 02, 2022
Apple to improve working hours for retail staff – Bloomberg News
(Reuters) - Apple Inc will make work schedules for retail staff flexible amid a push towards unionization, Bloomberg News reported on Thursday, citing sources. The company told staff at some stores th...
Jun 02, 2022
Nikola founder Trevor Milton votes against issuing new shares – Bloomberg News
(Reuters) - Nikola Corp's founder Trevor Milton voted against the electric vehicle company's proposal to issue new shares at the company's annual general meeting, a Bloomberg News report on Thursday, ...
Jun 02, 2022
Sandberg’s exit may not be a big blow for Facebook-parent Meta
By Nivedita Balu (Reuters) - Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall...
Jun 02, 2022
U.S. tech sector sees highest job cuts in May since Dec. 2020 – report
(Reuters) - U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first four months of the year as rising inflation and slowing demand force companies to cut corne...
Jun 02, 2022
U.S. CFTC sues crypto exchange Gemini over misleading statements from 2017
(Reuters) - The U.S. CFTC filed a federal lawsuit in New York accusing Gemini Trust Co of making false and misleading statements concerning a bitcoin futures contract the firm was pursuing in 2017. Th...
Jun 02, 2022
A coming crypto storm for central banks? Focus on digital money intensifies
By Howard Schneider NEW YORK (Reuters) - Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy...
Jun 02, 2022
Kenya’s Safaricom, Visa offer virtual card for global transactions
By Duncan Miriri NANYUKI, Kenya (Reuters) - Kenya's biggest telecoms operator Safaricom has launched a virtual payment card with Visa Inc, offering the more than 30 million users of its M-Pesa payment...
Jun 02, 2022
Block to integrate Square payments with Apple iPhone’s ‘Tap to Pay’ feature
(Reuters) - Block Inc will work with Apple Inc to integrate Square payments with "Tap to Pay" feature on iPhones and launch it later this year, the fintech company said on Thursday. The San Francisco-...
Jun 02, 2022
