Tag Archives: technology
Researchers say Russia-linked ransomware group has raked in more than $100 million
By Raphael Satter WASHINGTON (Reuters) - A cyber extortion gang suspected of being an offshoot of the notorious Russian Conti group of hackers has raked in more than $100 million since it emerged last...
Nov 29, 2023
IOTA launches $100 million entity in Abu Dhabi to create digital network
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Global technology network IOTA on Wednesday launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technolo...
Nov 29, 2023
GameStop shares climb on strong volume
(Reuters) - Shares of retail traders' darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to build on a rally from the previous session as a broader recovery in mark...
Nov 29, 2023
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
By Foo Yun Chee BRUSSELS (Reuters) - Adobe will aim to counter EU antitrust charges that its proposed $20 billion acquisition of cloud-based designer platform Figma hurts competition at a closed heari...
Nov 29, 2023
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN (Reuters) -Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after the financial regulator BaFin ordered its subsidiary futurum bank to re...
Nov 29, 2023
Philippines’ SEC to block access to world’s largest crypto exchange Binance
MANILA (Reuters) - The Philippines' Securities and Exchange Commission has begun the process of blocking access to the world's largest crypto exchange Binance, whose chief last week stepped down and p...
Nov 29, 2023
Prosus cuts India’s Byju’s valuation to under $3 billion
MUMBAI (Reuters) - Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the compa...
Nov 29, 2023
Richemont monitoring situation at online luxury retailer Farfetch
ZURICH (Reuters) - Cartier-jewellery owner Richemont on Wednesday said it was "carefully monitoring" the situation after Farfetch's founder said he was considering taking the online luxury retailer pr...
Nov 29, 2023
Exclusive-Huawei’s new smart car firm valued up to $35 billion amid advanced stake talks -sources
By Julie Zhu and Zhuzhu Cui HONG KONG/SHANGHAI (Reuters) - Huawei Technologies' new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it se...
Nov 29, 2023
Prosus reports $2 billion in core earnings, up 118%
AMSTERDAM (Reuters) - Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of 2024, citing improved profitability in its stable of inve...
Nov 29, 2023
