Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect […]
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Tim Berners-Lee, the creator of the internet’s source code is auctioning an autographed copy of the source code of the World Wide Web with donations proceeding to charity in $5 million in non-fungible tokens sale (NFT). The sale will offer an immense opportunity to have ownership over a remarkable piece of history that led to […]
With the economy growing rapidly as it reopens from the pandemic, many employers are increasingly desperate to hire. Yet evidence suggests that as a group, the unemployed aren’t feeling the same urgency to take jobs. Many people who are out of work are either seeking higher pay than they had before or are still reluctant […]
Didi Global Inc., a Chinese ride-hailing service, gained 1% Wednesday in its highly anticipated U.S. stock market debut, giving up most of a early double-digit gain. The Beijing-headquartered company’s initial public offering of 288 million shares was priced at $14 a share and opened at $16.65, up 16%. The shares closed at $14.14. Prior to […]
Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience. The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority, a non-governmental organization that […]
Microsoft soon releasing its most advanced futuristic technology for users to collaborate in augmented reality. One of the biggest names associated with communicative collaboration in our present time is Microsoft. This has been highlighted in the past year after the emerge of the COVID-19 pandemic and organizations transitioning into a more flexible remote work environment. […]
In a classical plot twisting manner, a newly published report showed that Big Tech giant Apple resorts to using Google’s server farms to store iCloud Data in a partnership that sees the iPhone maker as one of Google’s largest clients. The report, published by The Information, revealed that Apple entrusts its rival Google with user […]
Facebook has officially joined the trillion-dollar company club after yesterday’s stock market close, according to Yahoo Finance. The landmark came following the tech giant’s victory in a court against Federal Trade Commission (FTC) where a federal court rejected two lawsuits from the FTC and a coalition of state, spiking Facebook shares up 4.2 percent. The […]
Scientists at MIT and Harvard University have created a smart face mask that can detect COVID-19 results of the person wearing it within about 90 minutes. The masks are implanted with tiny, non-reusable sensors that can be attached into other face masks and could also be altered to detect other viruses. The sensors are based […]
Popular Chinese grocery shopping app Dingdong has slashed its initial public offering by 74 percent on Monday, a mere three days following it’s rival MissFresh witnessed disappointing placements on Nasdaq. Many pundits and industry analysts have argued that the reason for Dingdong’s fall from grace is due to the cooling appetite of online grocery-based apps, […]