Internet
A members-only club for female executives is coming to San Francisco with the help of Google’s cash
Chief co-founders Carolyn Childers and Lindsay Kaplan Photos courtesy of Chief As companies see a record number of women leaving their jobs in “the Great Resignation,” Google parent Alphabet is putting money behind an initiative that could help them stay. Launched in 2019, Chief is a membership-based company for female executives that’s designed to provide […]
Read More
EU agrees on landmark law aimed at forcing Big Tech firms to tackle illegal content
European Executive Vice-President Margrethe Vestager. Anadolu Agency | Anadolu Agency | Getty Images The European Union agreed on new digital regulations Saturday that will force tech giants like Google and Meta to police illegal content on their platforms more aggressively, or else risk potential multibillion-dollar fines. The European Parliament and EU member states reached a […]
Read More
Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets. The $95 billion online payments company said Friday it will start […]
Read More
Sanctions threaten to cripple Russia’s multibillion-dollar crypto industry
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russia over the country’s unprovoked invasion of Ukraine could hamper the growth of its multibillion-dollar crypto sector, according to experts. This week, U.S. officials targeted Russian bitcoin mining firm BitRiver in […]
Read More
Digital banks aren’t doing enough to tackle financial crime, UK regulator warns
Icons for the Monzo and Starling banking apps on a smartphone. Adrian Dennis | AFP via Getty Images Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms by criminals, regulators have warned. The Financial Conduct Authority on Friday published the findings of a review into financial crime controls at […]
Read More
Check out Google’s new Hudson River campus in Manhattan, a magnet for New York talent
Google officially opened its new mixed-use campus on New York’s Hudson River that includes a two-acre rooftop and public gathering spaces. Photo courtesy of Google As Google employees return to campus life following over two years of remote work, the company has a splashy new office for workers in New York. Google has officially opened […]
Read More
Amazon launches $1 billion fund to invest in warehouse technologies
Robots transport goods to the employees in the warehouse of a logistics centre of the mail order company Amazon. Rolf Vennenbernd | dpa | Picture Alliance | Getty Images Amazon is launching a $1 billion fund that will back companies “of all stages” building supply chain, fulfillment and logistics technologies, the company announced Thursday. The […]
Read More
Crypto exchange Binance removes Twitter emoji that resembled a swastika after outcry
The logo of cryptocurrency exchange Binance. STR | NurPhoto via Getty Images Cryptocurrency exchange Binance removed and redesigned an emoji on Twitter, after outcry from users who pointed out it looked like a swastika. Twitter sometimes lets brands design their own custom emojis to include in hashtags in order to promote their business. In this […]
Read More
Amazon opens up Prime delivery service to other retailers in its latest move to compete with FedEx and UPS
Leon Neal | Getty Images News | Getty Images Amazon will let other online merchants piggyback on its Prime service to deliver goods quickly to their customers. The company on Thursday launched a new service, Buy with Prime, that lets third-party merchants use Amazon’s vast shipping and logistics network to fulfill orders on their own […]
Read More
Netflix stock plunges 36% on shocking subscriber loss
Reed Hastings, founder, Netflix speaks onstage at 2019 New York Times Dealbook on November 06, 2019 in New York City. Michael Cohen | Getty Images Shares of Netflix plunged 36% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers in its most recent quarter and gave a weak outlook. The […]
Read More