Tag Archives: technology
Fireblocks appoints former SEC Chair Clayton to advisory board
By Noor Zainab Hussain (Reuters) - Fireblocks, a platform that allows banks and other financial institutions to store, move and issue cryptocurrencies, on Thursday appointed Jay Clayton, former U.S. S...
Aug 19, 2021
EV scooter startup Bird posts lower loss amid rapid expansion
By Nick Carey (Reuters) - Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions eas...
Aug 19, 2021
Facebook launches VR remote work app, calling it a step to the ‘metaverse’
By Elizabeth Culliford (Reuters) - Facebook Inc on Thursday launched a test of a new virtual-reality remote work app where users of the company's Oculus Quest 2 headsets can hold meetings as avatar ve...
Aug 19, 2021
Robinhood tumbles 12% after warning of slowdown in retail trading
(Reuters) - Shares of Robinhood Markets Inc tumbled 12% on Thursday, after the owner of the popular trading app warned that the trading frenzy among small-time investors that boosted its second-quarte...
Aug 19, 2021
Indonesia’s GoTo set to wrap up $2 billion funding round, eyes IPO in 2022 -sources
By Anshuman Daga and Fanny Potkin SINGAPORE (Reuters) - Indonesia's biggest tech group GoTo is set to complete a pre-IPO funding exercise to raise up to $2 billion in the next few weeks, but regulator...
Aug 19, 2021
Russia fines Google a further $26,989 for failing to remove banned content
MOSCOW (Reuters) - A Moscow court on Thursday said it had fined Alphabet Inc.'s Google 2 million roubles ($26,989) for failing to delete content Russia deems illegal, part of a wider dispute between M...
Aug 19, 2021
Chinese AI startup SenseTime to file for Hong Kong IPO by end-August -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the e...
Aug 19, 2021
Payments processor Adyen’s profit boosted by US volumes
AMSTERDAM (Reuters) - Adyen NV, the Dutch company that helps to process payments for Netflix, Facebook and Uber, on Thursday beat market expectations with a 65% jump in first-half core profit, citing ...
Aug 19, 2021
Policy groups ask Apple to drop plans to inspect iMessages, scan for abuse images
By Joseph Menn (Reuters) -More than 90 policy and rights groups around the world published an open letter on Thursday urging Apple to abandon plans for scanning children's messages for nudity and the ...
Aug 18, 2021
Baidu raises $1 billion in ESG bond issue despite China tech sector woes
By Scott Murdoch HONG KONG (Reuters) - Chinese internet giant Baidu Inc has raised $1 billion in a two-tranche, U.S. dollar sustainability bond, its first environment, social and governance (ESG) tran...
Aug 18, 2021
