Tag Archives: technology
Invoking ‘Quit India’, minister welcomes Amazon, Flipkart ruling
By Aditya Kalra and Nupur Anand NEW DELHI (Reuters) - India's commerce minister welcomed on Tuesday a Supreme Court decision that Amazon and Walmart's Flipkart should face investigations into alleged ...
Aug 10, 2021
PayPal’s Venmo allows credit cardholders to buy crypto with cashback
(Reuters) - Paypal Holdings Inc-owned Venmo on Tuesday rolled out a feature that would allow holders of its credit cards to automatically buy cryptocurrencies with the cashback earned on their purchas...
Aug 10, 2021
Salesforce launches streaming service for original content
(Reuters) - Enterprise software firm Salesforce Inc said on Tuesday it would launch a streaming service, Salesforce+, for original content focused on businesses and professionals. The company said tha...
Aug 10, 2021
Cloud protection firm OwnBackup nears $3.35 billion valuation
JERUSALEM (Reuters) - U.S.-Israeli cloud data protection firm OwnBackup said on Tuesday it raised $240 million in a late-stage funding round to bring its valuation to near $3.35 billion. The round was...
Aug 10, 2021
“DeFi” crime hits record high in first 7 months of 2021 -CipherTrace
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Losses from theft, hacks, and fraud in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the fi...
Aug 10, 2021
Google restricts ad targeting of under-18s
By Elizabeth Culliford (Reuters) - Alphabet Inc's Google is blocking ad targeting based on the age, gender or interests of people under 18, the company said on Tuesday. It also said it would turn off ...
Aug 10, 2021
Top public relations director at Chinese social media giant Weibo arrested
SHANGHAI (Reuters) - Chinese authorities have arrested a top public relations executive at Chinese social media giant Weibo Corp, local Chinese media reported widely on Tuesday and confirmed to Reuter...
Aug 10, 2021
Pay cut: Google employees who work from home could lose money
By Danielle Kaye NEW YORK (Reuters) - Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently, with long commut...
Aug 10, 2021
LG Elec revises Q2 operating profit to 878 billion won from 1.1 trln won to reflect provision
SEOUL (Reuters) - South Korea's LG Electronics Inc said on Tuesday it has revised its second quarter operating profit to 878 billion won ($763.56 million) from a previously announced 1.1 trillion won ...
Aug 10, 2021
SoftBank’s Vision Fund posts $2 billion profit, share weakness casts shadow
By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp's Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion) profit in the first quarter after gains from listing portfolio companies were ...
Aug 10, 2021
