Search results for "IT"

Coinbase soars in market debut, valued near $86 billion

Coinbase made a rousing debut on Wall Street, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. Coinbase Global Inc.‘s initial public offering happened with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. Digital currencies are being incorporated into business plans […]

Mastercard, Geidea team up to bring contactless payments to Saudi Arabia

Global financial services company Mastercard, and Geidea, the largest fintech company in Saudi Arabia by market share, announced earlier this week a strategic partnership agreement to accept Mastercard payments using a Tap-on-Phone solution in Saudi Arabia. Geidea is the first fintech company to roll out contactless payments acceptance technology across the Kingdom, which will enable […]

Biden tells execs US needs to invest, lead in computer chips

President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader. “We need to build the infrastructure of today, not repair the one of yesterday,” he told the group […]

Late president's book outlines vision for Japan's Nintendo

Nintendo’s late president Satoru Iwata oversaw the video-game maker’s global growth as Super Mario and Pokemon became household names. “Ask Iwata” was published after his death from cancer in 2015 at age 55. This month, VIZ Media is publishing the English translation of the book, which came out in Japanese in 2019. “On my business […]

Drivers wanted: Record demand at Uber as vaccinations rise

Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery. The San Francisco ride-hailing company said Monday that total monthly bookings, including food delivery and passenger service, reached an all-time high in March. In a government filing, the company said demand for ride-hailing, which plunged […]

Chinese regulator orders Ant Group to conduct major overhaul

Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms. In a meeting Monday, the central bank and other financial regulators also ordered Ant to cease anti-competitive behavior in its payments business and […]

FCC makes speed test app available

The U.S. Federal Communications Commission is offering a speed test app to the public for measuring their broadband speed. The app provides a way for consumers to test the performance of their mobile and in-home broadband networks.  In addition to showing network performance test results to the user, the app provides the test results to […]

Biden sees `win' for US in electric vehicle battery deal

Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG Energy Solution and SK […]

Study: Facebook delivers biased job ads, skewed by gender

Facebook is showing different job ads to women and men in a way that might run afoul of anti-discrimination laws, according to a new study. University of Southern California researchers who examined the ad-delivery algorithms of Facebook and LinkedIn found that Facebook’s were skewed by gender beyond what can be legally justified by differences in […]