TK Maloy

TK Maloy has been in the journalism/media profession for over 30 years, with a writing portfolio that includes coverage of Capitol Hill, Wall Street, Main Street, and the world, doing business, economic, political, and feature reporting, with specializations including corporate and high-tech topics.

Consumer confidence hitting record high, but with hangovers left from pandemic

Global consumer confidence soared to record heights in the first quarter of 2021, according to The Conference Board: Global Consumer Confidence Survey, as vaccination campaigns broadened, travel restrictions loosened, and governments and central banks continued to provide robust economic stimulus. These factors are contributing to various geographic regions returning to a “state of normalcy sooner” including increased spending […]

Tencent Cloud launches its first Internet data center in Indonesia

Tencent Cloud, the cloud division of Shenzhen-based tech giant Tencent, announced Sunday the launching of its first Internet Data Center (IDC) in Indonesia to meet the growing regional demand for cloud services. With the opening of its Jakarta center, Tencent Cloud adds to its global footprint with an infrastructure network that now spans across 27 […]

COVID-19 vaccines boost consumer confidence across the board, IBM study finds

IBM’s consumer survey released Thursday adds to the growing amount of data showing optimism as the world slowly emerges from the pandemic. The study shows that global consumer confidence is high, “with more than half of respondents surveyed saying that they expect COVID-19 vaccines to keep them protected,” the company said. According to IBM’s study […]

ING: Pandemic creates “white swan” moment for green banking

A new global survey of companies and institutional investors commissioned by ING, the multinational banking and financial services corporation, shows the pandemic, as a ‘white swan’ moment – perhaps an unintended positive outcome – which has accelerated the majority of companies’ green banking and financial services corporation plans. At the same time, investors are demanding […]

Godzilla vs. Kong smashes box office earnings, as cinemas slowly reopen

Globally, Godzilla vs. Kong, part the Warner Bros. and Legendary Pictures’ battle of the titans MonsterVerse combination continued to smash expectations, earning $13 million this weekend across all markets, according to the group. Through the IMAX franchise, the duo scored its biggest domestic opening weekend in more than a year as “Godzilla vs. Kong” earned […]

Would you like some Bitcoin with your Burrito?

April Fool’s Day is National Burrito Day and Chipotle is giving away $100,000 of the Tex-Mex delicacy or $100,00 in Bitcoin if customers guess a six-digit code. The brand is teaming up with Stefan Thomas, the tech founder who notoriously lost his Bitcoin login worth $387 million earlier this year and calling upon fans to […]

FCC hits robocaller with record $225 million fine

The Federal Communications Commission has fined Texas-based telemarketers $225 million—the largest fine in FCC history—for transmitting approximately 1 billion robocalls, many of them illegally spoofed, to sell short-term, limited-duration health insurance plans, the agency said. According to the agency press statement, the robocalls falsely claimed to offer health insurance plans from well-known health insurance companies […]

White House legal official Tim Wu will put Big Tech under scrutiny

On Feb.  4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]

Facebook launches vaccine finder tool, other features for vaccine awareness

Facebook announced Monday plans to assist in informing the public about COVID-19 vaccine options, vaccinations sites, and related information, using a vaccine finder tool and other features. “We’re launching a global campaign to help bring 50 million people a step closer to getting COVID-19 vaccines,” said Mark Zuckerberg, company founder and CEO, in a press […]

Lou Ottens, inventor of the innovative cassette tape dies, aged 94

The inventor of the cassette tape, Lou (Lodewijk Frederik) Ottens, has passed away at the age of 94, his family confirmed to news media. As much as the world has lived with game-changing new technologies over the last several decades, at the time of its invention, over 50 years ago, the cassette greatly changed the […]