The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes of the financial system to the mainstream, a top official said. The Treasury’s Financial Literacy Education Commission will create educational materials and organize outreach to inform the public about […]
Reuters
U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress to fund $52 billion in grants to chipmakers to ease the semiconductor crunch. Biden, along with Commerce Secretary Gina Raimondo, hosted the event with Dr. Siyoung Choi, president […]
Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and […]
Sherlock Biosciences said on Tuesday it had raised $80 million in new funding to help bolster sales of its CRISPR-based COVID-19 test and develop new diagnostics based on the breakthrough gene editing technology. The latest round for Sherlock, which was the first to gain authorization for a CRISPR-based COVID-19 test in 2020, was led by […]
Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3? That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than […]
Moderna Inc said on Monday it plans to develop and begin testing vaccines targeting 15 of the world’s most worrisome pathogens by 2025 and will permanently wave its COVID-19 vaccine patents for shots intended for certain low- and middle-income countries. The U.S. biotechnology company also said it will make its messenger RNA (mRNA) technology available […]
ZTE Corp., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have violated its probation from its 2017 guilty plea for illegally shipping U.S. technology to Iran. The possible violation relates to an alleged conspiracy to commit visa fraud, according to a March […]
Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]
U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there. Within days, all transactions initiated with Visa cards issued in Russia will no longer work outside of the country […]
Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, public broadcaster NHK reported on Friday. Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas close to Texas, where […]