Technology
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 […]
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Goldman likes Meta’s moves in the metaverse — and gives the stock serious upside
Goldman Sachs says Meta — formerly Facebook — is one of two “main emerging players” in the augmented and virtual reality space. Source
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Why would an Oscar-winning actor create a travel app? Kevin Costner shares his story
Kevin Costner knows a good story when he hears one. That’s why he said he was intrigued when he heard about an app designed to alert travelers of notable, yet often unnoticed, places of interest along their journeys. “I’m the guy that driving around America … when you see those bronze markers along the […]
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Obama calls for tech regulation to combat disinformation on social media
Former US President Barack Obama gestures as he speaks at the 2021 climate summit in Glasgow on November 08, 2021. NBC News reports Obama will return to the White House on Tuesday for the first time since he left office to promote the Affordable Care Act in an event alongside President Joe Biden. Jeff J […]
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SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]
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Snap stock falls after ‘challenging’ quarter that missed sales and profit estimates
CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results […]
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It’s time to buy these e-commerce stocks after the sell-off, Morgan Stanley says
The e-commerce industry has strong growth prospects, according to Morgan Stanley. Source
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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 […]
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Cathie Wood’s Ark Invest sees Tesla stock soaring over 350% by 2026, touts Elon Musk’s robotaxis
Cathie Wood’s Ark Invest remains a believer in Tesla, projecting shares of the electric vehicle maker will reach $4,600 apiece in 2026. Source
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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 […]
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