Month: January 2021

Japanese video game maker Nintendo will face an EU-wide complaint for premature wear of a joystick controller, French and EU consumer groups said Wednesday. The French consumer protection group UFC-Que Choisir said it would join a complaint launched by The European Consumer Organisation (BEUC) against recurring problems with the Nintendo Switch console. The glitch has
0 Comments
Jan.20 — ASML Holding NV Chief Executive Officer Peter Wennink says the chip industry needs to deal with the global semiconductor supply shortage. He spoke on “Bloomberg Markets: European Open” after the firm, a crucial supplier to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co, reported first-quarter results which beat analyst expectations.
0 Comments
The United Nations chief called Thursday for global rules to regulate powerful social media companies like Twitter and Facebook. Secretary-General António Guterres said he believes it shouldn’t be a company that has the power to decide whether, for example, then president Donald Trump’s Twitter account should be closed, as a questioner asked. Rather, he said,
0 Comments
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now Startups providing the tools to build software that will run on quantum computers are enjoying interest from investors. Classiq, which provides a modeling tool for building algorithms for quantum computers, revealed this week
0 Comments
The return of Manoj Bajpayee’s (missing) agent in Amazon’s The Family Man is the highlight of February’s local streaming picks, alongside Parineeti Chopra in Netflix’s The Girl on the Train, and the Telugu-language anthology film Pitta Kathalu also on Netflix. Lastly, we’ve 1962: The War in the Hills, a Hotstar Specials series based on the
0 Comments
The website of U.K. stock trading app Freetrade. Freetrade LONDON — British share trading app Freetrade told clients Friday that it had disabled purchases of U.S. stocks. Freetrade blamed the halt to U.S. stock purchases on a move by its currency exchange provider and their bank to limit the platform’s trading volume. Freetrade uses U.K.
0 Comments
Social media chatrooms are beginning to resemble the squawk boxes on old-fashioned trading floors, as a new generation of retail traders continues to gain influence over the stock market. While attention has focused on the Wallstreetbets Reddit page that helped send shares of GameStop and AMC Entertainment Holdings soaring, thousands of “amateur” investors have also
0 Comments
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now To provide clarity and avert potential harms, algorithms that impact human lives would ideally be reviewed by an independent body before they’re deployed, just as environmental impact reports must be approved before
0 Comments
The government has listed a bill that will prohibit “all private cryptocurrencies” in India and provide a framework for creation of an official digital currency to be issued by the Reserve Bank of India. Titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021,” the bill will be considered in the ongoing Budget session
0 Comments
A pedestrian wearing a protective mask crosses California Street in San Francisco, California, U.S., on Tuesday, Dec. 29, 2020. David Paul Morris | Bloomberg | Getty Images In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” — indicating minimal spread of the coronavirus — Lauren Crabbe was hopeful. Crabbe, the owner
0 Comments
With so much of the world transitioning to working, shopping, studying, and streaming online during the coronavirus pandemic, cybercriminals now have access to a larger base of potential victims than ever before. “Zoombomb” became the new photobomb—hackers would gain access to a private meeting or online class hosted on Zoom and shout profanities and racial
0 Comments
Social media services including Facebook and Reddit restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks. Some people think they should. Users of a Reddit group, in which five million members exchange investment ideas, generated significant profits by gorging on shares of GameStop
0 Comments
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now 2020 was a huge struggle for individuals and businesses, but it did also bring progress, as it transformed work-life balance into work-life blended. It also gave companies a reality check on their
0 Comments
Amazon’s bid to stall Future Group’s $3.4 billion (roughly Rs. 24,788 crores) retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said in an internal staff memo seen by Reuters. Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated
0 Comments
PlayStation Plus subscribers can get their hands on three free games in the month of February. Control: Ultimate Edition, Concrete Genie, and Destruction AllStars are on the slate, to be available for download starting February 2. As Sony pushes more free exclusives for its newly launched PlayStation 5 consoles, Control: Ultimate Edition and Destruction AllStars
0 Comments
Facebook said on Friday it would soon start developing “topic exclusion controls” on its platform to give advertisers greater ability to weed out certain types of content from appearing alongside their ads. This comes after companies including Coca-Cola and Starbucks boycotted Facebook in July for not doing enough to curb hate speech on its site
0 Comments
SpaceX’s first high-altitude test flight of its Starship rocket, which exploded last month while attempting to land after an otherwise successful test launch, violated the terms of its Federal Aviation Administration test license, the Verge reported on Friday, citing sources. An investigation was opened that week focusing on the explosive landing and on SpaceX’s refusal
0 Comments
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now Physna, a Cincinnati, Ohio-based startup developing an AI-powered 3D modeling platform for industrial engineering, today announced that it raised $20 million. The company says the funds will be used to grow its
0 Comments