Technology
Apple buys UK fintech start-up Credit Kudos
Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier […]
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Bitcoin is a lifeline for some Ukrainian refugees, like this 20-year-old who escaped with $2,000 on a thumb drive
Civilians continue to flee from Irpin due to ongoing Russian attacks in Irpin, Ukraine on March 07, 2022. Wolfgang Schwan | Anadolu Agency | Getty Images On the morning that Russia went to war with Ukraine, Fadey woke up at 9am to a deluge of Telegram messages from friends asking him what was happening on […]
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‘We want them to go to the Stone Age’: Ukrainian coders are splitting their time between work and cyber warfare
Thomas Samson | AFP | Getty Images Hordes of Ukrainian coders are splitting their time between doing their day jobs and fighting a cyber war with Russia. Over 311,000 people have joined a group called “IT Army of Ukraine” on the social media platform Telegram, where Russian targets are shared. While not all of them […]
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BuzzFeed investors have pushed CEO Jonah Peretti to shut down entire newsroom, sources say
BuzzFeed founder and CEO Jonah Peretti Manuel Blondeau | AOP.Press/Corbis | Getty Images BuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people familiar with the matter describe as broader investor concern that the division is weighing down the company. Several large shareholders have urged BuzzFeed CEO Jonah Peretti to shut […]
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BuzzFeed says people are spending less time on Facebook
The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background. Igor Golovniov | SOPA Images | LightRocket | Getty Images BuzzFeed’s earnings call Tuesday morning pointed to a continuing theme in tech: consumers are moving away from Meta’s Facebook. “At this point in the quarter, we continue […]
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Britain’s Royal Mint to build plant that will extract gold from electronic waste
Smith Collection/Gado | Archive Photos | Getty Images LONDON — Britain’s Royal Mint plans to build a facility that will extract gold from electronic waste, with the plant set to be fully up and running in 2023. In a statement Monday, the government-owned company which manufactures precious metal products and coins said it would use […]
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Alphabet’s quantum tech group Sandbox spins off into an independent company
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Sandbox, Alphabet’s quantum technology group, is spinning off into an independent company, it announced Tuesday. Alphabet has been relatively quiet about Sandbox, which was launched in […]
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Authentication firm Okta says it has found no evidence of new attack after hackers claim breach
In this photo illustration an Okta logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Identity management firm Okta has said it found no evidence of ongoing malicious activity after a group called Lapsus$ posted pictures claiming to have hacked the company. Lapsus$ posted screenshots on its Telegram […]
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UK watchdog puts 50 crypto companies on notice over ‘misleading’ ads
A bitcoin ATM inside a shop in Finsbury Park, London, on Feb. 4, 2022. Luke MacGregor | Bloomberg | Getty Images LONDON — Over 50 cryptocurrency companies have been sent enforcement notices by the U.K.’s advertising watchdog as part of a regulatory crackdown on promotions in the industry. The Advertising Standards Authority said Tuesday it […]
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Alibaba surges nearly 10% after it ups share buyback program to $25 billion
Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba’s Hong Kong-listed stock surged nearly 10% on Tuesday after the Chinese e-commerce giant said it would increase the size of its share buyback program from $15 billion to $25 billion. The share repurchase scheme will be effective […]
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