Tag Archives: technology
EU crypto rules set to cap dollar-pegged stablecoins
By Huw Jones and Elizabeth Howcroft LONDON (Reuters) - European Union rules to regulate crypto assets will curb the market share of non-euro denominated stablecoins from 2024, potentially limiting EU ...
Oct 07, 2022
Biden signs order to implement EU-U.S. data privacy framework
By David Shepardson and Philip Blenkinsop WASHINGTON/BRUSSELS (Reuters) - U.S. President Joe Biden on Friday signed an executive order to implement a European Union-United States data transfer framewo...
Oct 07, 2022
Four Malaysian telco firms agree to take stakes in govt 5G agency
By Rozanna Latiff KUALA LUMPUR (Reuters) - Four of Malaysia's major telecommunications companies have agreed to take stakes in government-owned 5G agency Digital Nasional Berhad (DNB), the agency said...
Oct 07, 2022
Chip stocks slide as Samsung, AMD expect steep fall in demand
(Reuters) - Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump in demand for semiconductors could be mu...
Oct 07, 2022
India’s IT hub directs Uber, others to stop three-wheeler services
BENGALURU (Reuters) - India's southern state of Karnataka has asked cab aggregators Uber, SoftBank-backed Ola and Rapido to stop three-wheeler services in Bengaluru, a top government official said, ac...
Oct 07, 2022
Stellantis to halt production at Melfi plant in Italy next week – union
MILAN (Reuters) - Stellantis will halt production next week at its key Melfi plant, in southern Italy, due to a semiconductor shortage affecting the supply of a specific component, the local head of U...
Oct 07, 2022
India’s RBI to soon commence pilot project of digital rupee
MUMBAI (Reuters) - The Indian central bank will soon commence limited pilot launches of a central bank backed digital rupee for specific use cases, it said in a concept paper released on Friday. The R...
Oct 07, 2022
Safaricom surges after securing Ethiopia mobile financial services licence
NAIROBI (Reuters) - Shares of Kenyan telecoms operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia, market participants said. Ethiopia's Fi...
Oct 07, 2022
EU says Shopify to improve platform to make online shopping safer
BRUSSELS (Reuters) - The European Commission said on Friday e-commerce business Shopify has committed to put in place improvements aimed at making online shopping safer for customers, according to a s...
Oct 07, 2022
Hackers steal around $100 million cryptocurrency from Binance-linked blockchain
LONDON (Reuters) - Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain, Binance CEO Changpeng Zhao said in a tweet on Friday. Zhao said the tokens were sto...
Oct 07, 2022
