Search results for "IT"

Exclusive: China in Talks with Automakers on EV Subsidy Extension - Sources

China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three people familiar with the matter said. The move by policymakers comes as the world’s second-biggest economy has slowed sharply – and […]

German Financial Authority BaFin Calls for Unified DeFi EU Regulation

Executive director of Germany’s Federal Financial Supervisory Authority (BaFin), Birgit Rodolphe, has appealed for novel and comprehensive regulation of the decentralized finance (DeFi) sector across the European Union and to create a consistent DeFi EU regulation. BaFin is Germany’s financial regulator, in charge of overseeing banks, insurance companies, and other financial organizations, which includes everything […]

FTX's billionaire chief says bitcoin has no future as a payments network- FT

Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday. Bitcoin, the world’s largest cryptocurrency, is created by a process called “proof of work” that requires computers to “mine” the currency by […]

How can Businesses Benefit from Web 3.0?

If you don’t evolve, you will be left behind. This premise applies to people as well as businesses. While this is a scary concept for many, it is the way of the world. For this reason, entrepreneurs and company executives must look ahead into how businesses benefit from Web 3.0 and the technologies that constitute […]

U.S. Will Share COVID-19 Vaccine Technology, Biden Tells Global Summit

The United States will share technologies used to make COVID-19 vaccines through the World Health Organization and is working to expand rapid testing and antiviral treatments for hard-to-reach populations, President Joe Biden said on Thursday. Speaking at the second global COVID-19 summit, Biden called on Congress to provide additional funds so that the U.S. may […]

Bitcoin Set for Record Losing Streak After 'Stablecoin' Collapse

Cryptocurrencies nursed large losses on Friday, with bitcoin just above $30,000 and set for a record losing streak after the collapse of TerraUSD, a so-called stablecoin, rippled through cryptocurrency markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly […]

Musk Puts $44 Billion Twitter Deal 'Temporarily on Hold', Shares Slide

Elon Musk tweeted that his $44-billion deal for Twitter Inc was “temporarily on hold” on Friday while he waits for data on the proportion of its fake accounts, sending shares in the social media platform plunging. Tesla CEO Musk, who added that he was still committed to the acquisition, decided to waive due diligence when […]

Am I Shadowbanned on Twitter? How to Know and What to Do

If you are reading this, you may have had a particularly nasty argument on a Twitter feed, tested automation tools, or been a particularly annoying troll on Twitter. If you are noticing less activity on your page, fewer likes on your Tweets than usual, or if you’re sensing something strange happening to your account in […]