Two of China’s very popular mobile apps, Tencent’s WeChat and Ant’s Alipay have blocked the light-version app of Didi Global Inc’s ride hailing services in China for new users, said a source familiar with the matter at hand. Didi’s service continues to be available to users who have used them on the platforms earlier, said the…
On Tuesday, Pleo, a Danish fintech platform which offers expense management tool and smart company cards, said it had raised $150 million from U.S. investment firms Bain Capital Ventures and Thrive Capital in its latest funding round which valued it around $1.7 billion. The company has more than 17,000 customers across Denmark, Sweden, Germany, the…
Marketplace data shows, the non-fungible tokens (NFTs) market has surged to new highs during the second quarter clocking $2.5 billion in sales, up from just $13.7 million in the first half of 2020. An NFT is a crypto asset, representing an intangible digital item such as an image, video, or in-game item. Owners of NFTs…
In a statement the CEO of Kaseya. The US IT company that has been at the center of a massive ransomware attack saud, between 800 to 1,500 businesses around the globe have been affected by the ransomware attack. In an interview, the CEO of the Florida-based company said, it was hard to estimate the precise…
On Friday, in a report Nikkei Asia said, Apple Inc and Intel Corp have emerged as the first adopters of Taiwan Semiconductor Manufacturing Co’s next-generation chip production technology ahead of its deployment in 2022. Both tech companies are testing their chip designs with TSMC’s 3-nanometer production technology, said sources briefed on the matter. These chips will be available…
US Financial services firm Robinhood, which is at the center of Wall Street’s recent retail trading frenzy, disclosed that it plans on listing itself on Nasdaq in a regulatory filing. The notification sets the stage for one of the most hotly anticipated initial public offerings of the year.
In a significant development, the United States, Canada and Australia have teamed up to create and launch an interactive map of deposits of rare earths and other critical minerals that are expected to be in hot demand as the world moves to cleaner forms of energy. The website portal.ga.gov.au/persona/cmmi contains the world’s largest dataset of minerals such…
On Monday, Britain and Singapore are set to commence negotiations on a new digital trade agreement that could potentially remove trade barriers; the move is part of Britain’s push to become what it calls a “global tech powerhouse” post-Brexit. Following its exit from the EU, Britain is trying to gain new trade deals with countries…
In a statement, Mexican billionaire Ricardo Salinas Pliego said, his banking business may begin using bitcoin, becoming the country’s first bank to start accepting the digital currency. Salinas, who is ranked as Mexico’s third richest man with a family fortune estimated at $15.8 billion by Forbes, is the owner of the large Banco Azteca banking…
In a statement Microsoft said, it had found a new vulnerability which was exploited by SolarWinds hackers. The attackers had gained access to one of Microsoft’s customer-service agents, they had then used information gained from there to launch hacking attempts against customers. Microsoft had discovered the route used by hackers while responding to hacks by a…
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