Tag Archives: technology
$9.5 billion spent using Chinese central bank’s digital currency – official
HONG KONG (Reuters) - Some 140 million people had opened "wallets" for China's new digital yuan as of October and used it for transactions totalling around 62 billion yuan ($9.7 billion), a senior Chi...
Syndicated Content Nov 03, 2021
Ether scales $4,600 to record high, bitcoin trails
SINGAPORE (Reuters) - Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news of wider blockchain adoption. The ether t...
Syndicated Content Nov 03, 2021
Volkswagen invests in EU-backed energy transformation fund
By Christoph Steitz FRANKFURT (Reuters) - Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carma...
Syndicated Content Nov 03, 2021
Tencent has long-term plan for chip development, investment
SHANGHAI (Reuters) - China's tech giant Tencent Holdings has a long-term chip development and investment plan, the head of its cloud and smart industry group was quoted as saying on Wednesday. Tang Da...
Syndicated Content Nov 03, 2021
China opposes U.S. revocation of China Telecom license
SHANGHAI (Reuters) - China "resolutely opposes" Washington's revocation of China Telecom Corp Inc's license to operate in the United States, the Ministry of Industry and Information Technology (MIIT) ...
Syndicated Content Nov 02, 2021
China central bank chief says it is urgent to strengthen personal data protection
BEIJING (Reuters) - China's central bank chief Yi Gang said on Wednesday it is urgent to strengthen personal data protection in the financial technology (fintech) sector and data protection is high on...
Syndicated Content Nov 02, 2021
ByteDance founder Zhang Yiming steps down as chairman – source
(Reuters) - ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after announcing his resignation as chief executive officer in May, a person with direct knowledge of the m...
Syndicated Content Nov 02, 2021
Australia says U.S. facial recognition software firm Clearview breached privacy law
By Byron Kaye SYDNEY (Reuters) - An Australian regulator on Wednesday ordered U.S. facial recognition software company Clearview AI Inc to stop collecting images from websites and destroy data collect...
Syndicated Content Nov 02, 2021
Shares in S.Korea fintech firm Kakao Pay jump in debut
By Joyce Lee and Jihoon Lee SEOUL (Reuters) -South Korea's Kakao Pay Corp saw its shares double in value from their initial public offering (IPO) price on their trading debut on Wednesday. Kakao Pay s...
Syndicated Content Nov 02, 2021
Australia’s CBA leads industry to offer in-app crypto trading
By Paulina Duran SYDNEY (Reuters) - Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday, signalling a cha...
Syndicated Content Nov 02, 2021

