Tag Archives: technology
Crypto exchange KuCoin valued at $10 billion in latest funding round
By Medha Singh (Reuters) - Cryptocurrency exchange KuCoin raised $150 million in a series B funding round led by Jump Crypto, the company said on Tuesday, giving it a valuation of $10 billion. KuCoin,...
May 10, 2022
Content moderator in Kenya sues Meta over working conditions
By Ayenat Mersie NAIROBI (Reuters) - A former moderator working for Facebook owner Meta Platforms Inc on Tuesday filed a lawsuit alleging that poor working conditions for contracted content moderators...
May 10, 2022
Tiger Global hit by $17 billion losses in tech rout – FT
(Reuters) - New York-based Tiger Global has been hit by losses of around $17 billion during this year's technology stock selloff, marking one of the biggest dollar declines for a hedge fund in history...
May 10, 2022
EV maker Lucid to launch luxury sedans in Europe in late 2022
(Reuters) - Electric carmaker Lucid Group plans to launch luxury sedans in Europe later this year, as the Tesla rival aims to expand its footprint outside the United States amid strong global demand f...
May 10, 2022
Swiss to vote on streaming tax, European border agency
By Michael Shields ZURICH (Reuters) - Swiss voters decide on Sunday whether to make global video streaming services support Swiss filmmakers and on spending more money on Europe's Frontex border secur...
May 10, 2022
Indian payments firm BharatPe to overhaul governance framework, sack several employees
BENGALURU (Reuters) - Indian payments startup BharatPe said on Tuesday its board had recommended several measures, following a corporate governance review, including termination of several employees a...
May 10, 2022
Nintendo expects to sell 21 million Switch consoles this year
By Sam Nussey TOKYO (Reuters) - Japanese videogame maker Nintendo Co Ltd said on Tuesday it expects to sell 21 million Switch games consoles in the current financial year that started on April 1, a 9%...
May 10, 2022
Sony’s Q4 operating profit more than doubles, helped by gaming
TOKYO (Reuters) -Japan's Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and ne...
May 10, 2022
Stablecoin Terra’s broken dollar peg hits wider crypto markets
By Alun John HONG KONG (Reuters) - TerraUSD, the world's fourth-largest stablecoin, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble ...
May 10, 2022
Cryptoverse: Buying the dip? Bitcoin’s a rates rookie
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop. The cryptocurrenc...
May 10, 2022
