Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China will step up supervision over large payment firms- state media
BEIJING (Reuters) - China will step up the supervision of large payment firms to ward off systemic financial risks and to support platform companies in servicing the real economy, state TV reported on...
Jun 22, 2022
Financial watchdogs should do more to protect crypto investors, Swiss regulator says
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Cryptocurrency trading increasingly resembles the U.S. stock market of the late 1920s, Switzerland's top market regulator said on Wednesday, calling for reg...
Jun 22, 2022
German Gorillas grocery app seeks big retail partners to boost profit
DUBLIN (Reuters) -German grocery delivery app Gorillas, which announced job cuts last month, is looking to collaborate with large retailers and may also use private-brand products to try to secure gro...
Jun 22, 2022
Crypto platform FalconX valued at $8 billion in new funding round
By Carolina Mandl NEW YORK (Reuters) - Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling it...
Jun 22, 2022
Fingerprint Cards board chair resigns after insider trading conviction
OSLO (Reuters) - Fingerprint Cards' board chair Johan Carlstrom resigned from his post on Wednesday after being found guilty of illegal insider trading, the company said in a statement. Carlstrom was ...
Jun 22, 2022
Crypto giant Tether to launch sterling-pegged stablecoin
By Elizabeth Howcroft and Tom Wilson LONDON (Reuters) - Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London dra...
Jun 22, 2022
Swedish court upholds ban on Huawei sale of 5G gear
STOCKHOLM (Reuters) - A Swedish appeals court on Wednesday upheld a ruling by a lower court that bans Chinese telecoms company Huawei from selling 5G equipment in the Nordic country. In 2020, Swedish ...
Jun 22, 2022
Japanese automotive hose maker Nichirin hit by ransomware attack
TOKYO (Reuters) - Japanese automotive hose maker Nichirin Co. on Wednesday said that a U.S. subsidiary had been hit by a ransomware attack forcing it shut down its computerised production controls. Th...
Jun 22, 2022
Buy now, pay later firm Zip to raise fees amid surging inflation
(Reuters) - Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising in...
Jun 22, 2022
SoftBank overseas business chief exits in latest churn
By Sam Nussey TOKYO (Reuters) -Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes wh...
Jun 21, 2022
