Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and […]
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Britain’s finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD this month. It is the latest sign of how regulators are trying to catch up with fast-moving developments in crypto markets which straddle national borders. “Since the initial commitment to regulate certain […]
The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of the world’s production, with wire […]
After struggling to find staff during the pandemic, businesses in Singapore have increasingly turned to deploying robots to help carry out a range of tasks, from surveying construction sites to scanning library bookshelves. The city-state relies on foreign workers, but their number fell by 235,700 between December 2019 and September 2021, according to the manpower […]
Google is the undisputed king of browsers worldwide. In terms of numbers, quality, and diversity of services, no other browser can hold a candle to its usefulness, and Google’s extensive range of plugins and browser extensions make the experience even better, solving problems you didn’t know you had. Now, in the era of machine-to-machine communications […]
Binance said on Friday its legal entity in Italy had registered with the regulator in the country, as the major cryptocurrency exchange seeks to gain traction in Europe. The registration of Binance Italy, which was established in recent months, could potentially make the company more accountable and reduce the prospects for money laundering. Binance said […]
Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday. “The idea of using digital currencies in transactions for international settlements is being actively discussed,” Ivan Chebeskov, head of the finance ministry’s financial policy department, was quoted as saying. Russian officials are wrestling […]
Russia’s communications regulator Roskomnadzor said on Friday it had opened administrative cases against Alphabet Inc’s Google and six other foreign technology companies for alleged violations of personal data legislation. Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has erupted into a full-on information battle since […]
Republican senators want to bar U.S. app stores including Apple and Google from hosting apps that allow payments to be made with China’s digital currency, amid fears the payment system could allow Beijing to spy on Americans. The bill, unveiled Thursday and first reported by Reuters, states that companies that own or control app stores […]
Tiny slivers of ear tissue snipped from hours-old piglets offer valuable clues for the team at Best Genetics Group (BGG) as it strives to improve the genetics of China’s hog herd to produce cheaper meat for the world’s top pork consumer. Breeding pigs that have larger litters, reach slaughter weight quicker and require less feed […]