Consulting firm, Deloitte, released on Wednesday its latest report addressing the ongoing global semiconductor crisis, with predictions of the crunch to last till early 2023. Deloitte’s research stated that even though the chip shortage crisis’ intensity will be far less severe than it is now, chances are customers will wait around 10 to 20 weeks for a […]
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Top cryptocurrency executive at Meta Platforms Inc., David Marcus, publicized on Tuesday his departure from Meta’s Diem Project after seven years of service to pursue different entrepreneurial projects. Marcus joined Facebook’s team in 2014 to supervise the networking platform’s Messenger division. Then, in December 2017, he was reshuffled to take charge of the giant’s cryptocurrency […]
Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]
2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself. If your finances are in better shape this giving […]
It was every sports bettor’s dream: Being able to bet on a game after it had already ended. But the 86 New Jersey gamblers who thought they were beating the system had their bets on a British soccer game voided, and the two betting companies involved got fined. The mishap was revealed in documents made […]
Facebook whistleblower France Haugen is once again asked to testify to Congress on December 1, as a subcommittee will uphold a hearing to address future “targeted reforms” and to amend Section 230 of The Communications Decency Act. The leading directive force of the hearings will be the House Energy and Commerce subcommittee on communications and […]
Retail giants Amazon, Aldi and Tesco are trialing checkout-free stores in the UK, where customers can conveniently grab their shopping and leave the store without visiting a cashier. It’s clear that consumers today expect intuitive digital services as standard — and supermarkets aren’t the only ones who should listen. The COVID-19 pandemic has accelerated digitalisation […]
It is expected that the UK’s Competition and Markets Authority (CMA) will reverse Facebook parent company Meta’s purchase of Giphy in the coming days, according to the Financial Times. If that happens, it will mark the first time that the country’s competition regulator has unraveled a major tech acquisition. Meta (Facebook previously) announced in May […]
Japanese manufacturing titan, Panasonic, confirmed Friday its network has been infiltrated by a cyberattack directed at its access data, on November 11, by gaining entry via third party. In its statement, the company revealed that “some data on a file server had been accessed during the intrusion.” This marks the only information publicized by the […]
CoinShares revealed Monday a heavy institutional investor flow into cryptocurrency products and funds despite a substantial drop in the past weeks, as a new digital asset emerges to the scene, carrying the same title after the new coronavirus variant, the Omicron. Despite its rising record inflows in 2021’s first 11 months, cryptocurrency has marked a […]