London-based fintech companies have increased their funding from venture capital investors in the first six months of this year compared to any year in the past signaling the British capital’s resilience as a fintech hub post-Brexit. nvestors have sunk $5.3 billion into London fintech startups in the first half of 2021. compared to $2.1 billion…
In a significant development 37 U.S. state and district attorneys general have sued Alphabet Inc’s Google alleging that the search engine giant’s search and advertising policies violates antitrust law. The lawsuit, one of a series that has been filed against Google in the United States, comes in the wakes of complaints from app developers regarding…
In a significant development, former U.S. President Donald Trump has filed several lawsuits against Alphabet Inc’s Google, Twitter Inc, and Facebook Inc, alleging that the tech giant have unlawfully silenced conservative points of view. Trump has also filed lawsuits against the CEOs of these three social giants. Trump’s lawsuits, filed in the U.S. District Court…
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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