Tag Archives: technology
Amazon Pharmacy automates discounts to help insulin patients get pledged prices
By Patrick Wingrove (Reuters) - Amazon.com said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than 15 insulin and diabetes medicines to help patients a...
Aug 15, 2023
Security startup Abnormal hits $100 million in recurring revenue, eyes IPO
By Krystal Hu (Reuters) - Abnormal Security, an AI-powered email security startup, said it has crossed $100 million in annual recurring revenue, meeting a milestone for software companies as it eyes a...
Aug 15, 2023
AI startup Grit raises $7 million to automate software maintenance
By Anna Tong (Reuters) - Artificial intelligence code cleanup startup Grit has raised a $7 million in a seed round, the New York City-based startup said on Tuesday. Founders Fund and Abstract Ventures...
Aug 15, 2023
Singapore’s Sea misses quarterly revenue estimates
(Reuters) - Southeast Asian technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services. U.S.-listed shares o...
Aug 15, 2023
Indonesia’s GoTo narrows losses, says on track for profitability
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesia's biggest tech firm GoTo slashed underlying losses in the second quarter of 2023 to 1.2 trillion rupiah ($78.25 million), down from 4.3 trillion rupi...
Aug 15, 2023
Tencent Music’s quarterly revenue rises as more Chinese users pay for music
(Reuters) - China's Tencent Music Entertainment Group said on Tuesday second-quarter revenue rose 5.5% from a year ago, driven by growth in paying users on its Spotify-like music streaming platform an...
Aug 15, 2023
US watchdog to announce plans to regulate ‘surveillance industry’
(Reuters) - The top U.S. agency for consumer financial protection will announce plans at the White House on Tuesday to regulate companies that track and sell people's personal data, part of the Biden ...
Aug 15, 2023
India’s Ola Electric launches its most affordable e-scooter
By VarunVyas Hebbalalu and Riddhima Talwani POCHAMPALLI, TAMIL NADU (Reuters) - Ola Electric, India's largest maker of electric scooters, launched its most affordable ride on Tuesday, in an effort to ...
Aug 15, 2023
Binance files for protective order against SEC – court filing
(Reuters) - Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission claiming the agency's requests for the company's communications are "overbroad...
Aug 15, 2023
Singapore releases regulatory framework for single-currency stablecoins
By Xinghui Kok SINGAPORE (Reuters) - Singapore's central bank released a regulatory framework on Tuesday intended to bolster the stability of single-currency stablecoins. The framework will apply to n...
Aug 15, 2023
