Tag Archives: technology
Davos 2023: Cowed crypto crowd feel winter freeze at WEF
By Paritosh Bansal and Divya Chowdhury DAVOS, Switzerland (Reuters) - In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to see. Last May, the dr...
Jan 19, 2023
Davos 2023-Uber not planning any company-wide layoffs -CEO
DAVOS, Switzerland (Reuters) - Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs. The rideshare and delivery company has work...
Jan 19, 2023
Online pharmacy Zur Rose improves 2022 core loss target
(Reuters) -Zur Rose expects a smaller full-year core loss than previously guided, the Swiss online drug retailer said on Thursday, citing a faster-than-planned progress in its break-even programme for...
Jan 19, 2023
India’s PhonePe raises $350 million at $12 billion valuation
BENGALURU (Reuters) - Walmart-backed Indian digital payments app PhonePe has raised $350 million in a funding round led by private equity firm General Atlantic that valued the company at $12 billion. ...
Jan 18, 2023
Vietnam EV maker VinFast plans promotions in response to Tesla price cuts
HANOI (Reuters) - Vietnam's electric-vehicle (EV) maker VinFast said on Thursday it will launch promotions to protect the market competitiveness of its models, a week after Tesla announced aggressive ...
Jan 18, 2023
Trump says his campaign talking with Meta about possible return to Facebook -Fox News
(Reuters) - Former U.S. President Donald Trump told Fox News Digital on Wednesday that his campaign was in talks with Meta Platforms about a possible return to Facebook and Instagram, two years after ...
Jan 18, 2023
Crypto news site CoinDesk hires banker to explore potential sale
(Reuters) - Crypto outlet CoinDesk Inc is exploring a full or partial sale of its business and has hired investment bank Lazard Ltd to lead the process, the media company's chief executive said on Wed...
Jan 18, 2023
Twitter plans further layoffs – Insider
(Reuters) - Twitter Inc plans to lay off 50 workers in the social media site's product division in the coming weeks, news site Insider reported on Wednesday, citing two people familiar with the compan...
Jan 18, 2023
Brazil antitrust agency to investigate MercadoLibre complaint against Apple
BRASILIA (Reuters) - Brazil's antitrust watchdog CADE has begun investigating a complaint by e-commerce retailer MercadoLibre Inc against Apple Inc for alleged abuse of a monopoly in the distribution ...
Jan 18, 2023
U.S. CFTC commissioner warns of risks if crypto firms self-certify
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) - A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to warn lawmakers against allowing cryptoc...
Jan 18, 2023
