Tag Archives: technology
Crypto collapse brings focus to digital assets’ ‘true value’ – ex-India central bank governor
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) - The collapse in the prices of digital assets over the past year will allow investors to focus on the "true value" of this new technol...
Jan 18, 2023
Big Tech braces for dismal profits, more job cuts
By Nivedita Balu and Yuvraj Malik (Reuters) - Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. technology firms are expected to whittle away at their ...
Jan 18, 2023
Crypto firm Genesis preparing to file for bankruptcy – Bloomberg News
(Reuters) - Cryptocurrency firm Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation. (Re...
Jan 18, 2023
Crypto firm Bitzlato’s website seized
(Reuters) - Cryptocurrency firm Bitzlato's website has been seized as part of an international law enforcement action against the company, according to a notice posted on the website. (Reporting by Ni...
Jan 18, 2023
U.S. Treasury Dept says has identified Bitzlato Ltd as a ‘money laundering concern’
WASHINGTON (Reuters) - The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual currency exchange Bitzlato Ltd as a "money laundering concern" re...
Jan 18, 2023
Britain’s Royal Mail begins moving some export parcels after cyber incident
LONDON (Reuters) - Britain's Royal Mail said on Wednesday it had begun moving limited volumes of export parcels as it trials "operational workarounds", after a cyber incident severely disrupted its in...
Jan 18, 2023
Davos 2023: Thirty years on, author Neal Stephenson discusses his metaverse vision with Meta
DAVOS, Switzerland (Reuters) - The author who first envisioned the metaverse 30 years ago sat down on Wednesday with a top executive from the company investing billions in building it and agreed there...
Jan 18, 2023
Crypto company ConsenSys lays off 96 employees – blog
(Reuters) - Blockchain technology company ConsenSys plans to cut 11% of its workforce, or 96 jobs, according to a letter from chief executive officer Joseph Lubin on Wednesday. The job cuts will help ...
Jan 18, 2023
Italy committed to secure Intel investment over chip factory, minister says
MILAN (Reuters) - Italy's government is determined to secure an investment by Intel to build a chip factory in the country, the economy minister said on Wednesday. "Unfortunately, or luckily, we have ...
Jan 18, 2023
Twitter offers new annual plan for subscription service
(Reuters) - Twitter Inc said on Wednesday it was offering an annual plan for its subscription service called Twitter Blue, which includes its sought-after "verified" badge, at a discount to its monthl...
Jan 18, 2023
