Tag Archives: technology
France, Singapore, Switzerland jointly test central bank digital currencies
LONDON (Reuters) - France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind. The projec...
Syndicated Content Nov 02, 2022
Opendoor Technologies lays off about 18% of workforce
(Reuters) - Property-selling platform Opendoor Technologies Inc is laying off about 550 employees, Chief Executive Officer Eric Wu said on Wednesday. "We're navigating one of the most challenging real...
Syndicated Content Nov 02, 2022
Bed Bath & Beyond’s technology chief resigns after possible data breach
(Reuters) - Bed Bath & Beyond Inc said on Wednesday its customer and technology chief, Rafeh Masood, will step down, days after the home goods retailer reported a possible data breach. Last week, Bed ...
Syndicated Content Nov 02, 2022
Verkor raises 250 million euros to fund EV battery megafactory
By Nick Carey LONDON (Reuters) - French battery startup Verkor has raised 250 million euros ($248 million) from investors to fund a battery "megafactory" on its way to building a much larger plant to ...
Syndicated Content Nov 02, 2022
Bank of Canada sets out path for regulating digital payment providers
By Julie Gordon OTTAWA (Reuters) - The Bank of Canada on Wednesday said it would take a flexible, risk-based approach in its nascent role as a digital payment regulator, aiming to ensure confidence in...
Syndicated Content Nov 02, 2022
Twitter will not reinstate banned users without ‘clear process,’ Musk says
By Sheila Dang (Reuters) - Banned accounts will not be allowed back onto Twitter until the social media platform has "a clear process for doing so," Elon Musk tweeted in the early hours on Wednesday, ...
Syndicated Content Nov 02, 2022
Binance CEO sees no threat to crypto from central banks’ digital currencies
By Sergio Goncalves and Catarina Demony LISBON (Reuters) - Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology a...
Syndicated Content Nov 02, 2022
Google veteran launches ‘digital family office’ backed by Betsy Cohen, Eric Schmidt
By Hannah Lang (Reuters) - Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in fu...
Syndicated Content Nov 02, 2022
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) - The global chip industry is bracing for a downturn by reining in on investments for the year, in a stark contrast to initial 2022 predictions that pandemic-fueled demand would drive growth...
Syndicated Content Nov 02, 2022
VC firm Molten Ventures cuts portfolio value after tech sell-off
LONDON (Reuters) - European tech venture capital firm Molten Ventures cut the value of its portfolio by about 17%, measured in constant currency, on Wednesday to reflect the drop in public markets suc...
Syndicated Content Nov 02, 2022

