Robinhood revealed on Wednesday its latest feature allowing users to invest in the cryptocurrency market customarily and regularly for just one U.S. dollar without any additional fees in a bid to augment the company’s fast-growing parts. The trading company announced that the reason behind releasing this feature is to provide a secure way to minimize […]
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BEIJING (AP) — Chinese regulators have ordered ride-hailing platforms to correct unfair market tactics amid a broad crackdown on the internet sector that has spooked investors and shaved billions off the valuations of some of China’s biggest technology companies. The transport ministry, internet watchdog and other regulators on Wednesday ordered 11 such platforms by year’s […]
Google is appealing a 500 million euro ($591 million) fine issued by French regulators over its handling of negotiations with publishers in a dispute over copyright. The dispute is part of a larger battle by authorities in Europe and elsewhere to force Google and other tech companies to compensate publishers for content. “We disagree with […]
Apple is receiving major backlash after prohibiting its staff from creating a Slack channel dedicated to discussing pay equity. The tech giant’s HR team justified the ban by explaining that even though discussing it is “aligned with Apple’s commitment to pay equity,” it does not stand with Slack’s own terms and regulations. “Slack channels are […]
MTN Cameroon appealed for a license to deploy and operate a trial for 5G networks from the country’s Telecommunications Regulatory Board, aiming to provide Cameroonians entry to more modernized uses of information technologies, Business in Cameroon reports. Local media reported that the subsidiary of the South African telecommunications company MTN Group, MTN Cameroon (MTNC), has […]
Billionaire investor, John Paulson, is setting his bets against cryptocurrency, predicting the crypto market’s vacant financial fantasy is bound to collapse as it will “go to zero,” as he gives gold the knighthood of a “safe haven.” Since digital coins are the desired novelty of this era, from the looks of it, cryptocurrency will stand its ground as […]
The U.S. Government Accountability Office (GAO) report revealed on Thursday that at least 10 governmental agencies such as the Department of Defense and Department of Homeland Security (DHS) implemented facial recognition technology into its systems, disclosing a debatable use of Artificial Intelligence (AI). In a previous report, GAO also publicized how federal agencies acquired useful […]
On Tuesday, Cryptocurrency trading platform, Binance revealed that it had hired Greg Monahan, a former IRS criminal investigator as the platform’s Global Money Laundering Reporting Officer (GMLRO), to investigate crypto money laundering allegations. As it bets on reinforcing its existence in the digital currencies market, Binance played its latest card to reinvent itself as a […]
Germany’s Hamburg privacy watchdog warned its government on Monday that the use of Zoom’s on-demand videoconferencing violates the EU’s privacy laws. Privacy advocates considered that the use of the U.S.-based service will lead to the transmission of EU data to the company’s hometown. “The transmission of data is said to reach the U.S., which violates […]
After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies. More than $4 of every $10 that Robinhood Markets Inc. made in revenue during the spring came just from customers trading dogecoin, bitcoin and other cryptocurrencies. Robinhood also said Wednesday that it lost $501.7 million, or $2.16 […]