Tag Archives: technology
Crypto firm Nexo Capital agrees to pay $45 million to settle U.S. SEC, state charges
By Chris Prentice NEW YORK (Reuters) -Nexo Capital Inc has agreed to pay $45 million in penalties to settle charges from the U.S. Securities and Exchange Commission (SEC) and state regulators that the...
Jan 19, 2023
Texas Instruments CEO Templeton to step down; company veteran to succeed
(Reuters) - Chipmaker Texas Instruments Inc said on Thursday that Chief Executive Rich Templeton will step down from the role in April after nearly 20 years. He will be succeeded by company veteran an...
Jan 19, 2023
T-Mobile says investigating data breach affecting 37 million accounts
(Reuters) -U.S. wireless carrier T-Mobile said on Thursday it was investigating a data breach that potentially affected 37 million accounts. The company said it identified malicious activity on Jan. 5...
Jan 19, 2023
Wayfair prepares to cut more than 1,000 jobs – WSJ
(Reuters) - Online furniture retailer Wayfair Inc is preparing to lay off over 1,000 workers, or more than 5% of its workforce, the Wall Street Journal reported on Thursday, citing people familiar wit...
Jan 19, 2023
Capital One scraps 1,100 tech positions – source
(Reuters) - Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar with the matter told Reuters on Thursday, a move that comes as its dig...
Jan 19, 2023
Reed Hastings steps down as Netflix CEO as company posts subscriber gains
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Netflix Inc co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming servic...
Jan 19, 2023
Here’s what Twitter lost in advertising revenue in final months of 2022
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) - Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research fi...
Jan 19, 2023
New FTX chief says bankrupt crypto exchange could restart – WSJ
(Reuters) - Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal on Thursday. Ray, who took over the rei...
Jan 19, 2023
Comply with EU rules or face ban, Breton tells TikTok CEO
By Supantha Mukherjee STOCKHOLM (Reuters) - Chinese social media company TikTok could face a ban in the European Union if it does not step up efforts to comply with EU legislation before September, th...
Jan 19, 2023
Playtika offers to buy ‘Angry Birds’ maker Rovio for $683 million
(Reuters) - Israeli gaming firm Playtika Holding Corp said on Thursday it offered to buy Finnish game maker Rovio, best known for its "Angry Birds" franchise, for 683 million euros ($683 million) in a...
Jan 19, 2023
