BOSTON, Aug 23 (Reuters) – Proxy advisory firm Institutional Shareholder Services on Monday backed cloud storage vendor Box Inc (BOX.N) in its fight with activist investor Starboard Value by recommending that shareholders vote for the company’s directors instead of the hedge fund’s nominees. In its report, ISS said shareholders should vote for Box directors Peter… Continue reading Technology · 2:02 PM UTCISS backs Box directors in proxy fight with StarboardProxy advisory firm Institutional Shareholder Services on Monday backed c…
Category: Uncategorized
Future of Money · 12:45 PM UTCCrypto platform Poly Network says hacked funds returnedCryptocurrency platform Poly Network said on Monday that almost a…
HONG KONG, Aug 23 (Reuters) – Cryptocurrency platform Poly Network said on Monday that almost all of the $610 million stolen this month in one of the biggest crypto heists had now been returned by the unknown person or persons behind the attack. In a Twitter post, Poly Network said it had regained control of… Continue reading Future of Money · 12:45 PM UTCCrypto platform Poly Network says hacked funds returnedCryptocurrency platform Poly Network said on Monday that almost a…
Media & Telecom · 11:06 AM UTCEthiopia to build local rival to Facebook, other platformsEthiopia has begun developing its own social media platform to…
ADDIS ABABA, Aug 23 (Reuters) – Ethiopia has begun developing its own social media platform to rival Facebook (FB.O), Twitter (TWTR.N) and Whatsapp, though it does not plan to block the global services, the state communications security agency said on Monday. Ethiopia has been engulfed since last year in an armed conflict pitting the federal… Continue reading Media & Telecom · 11:06 AM UTCEthiopia to build local rival to Facebook, other platformsEthiopia has begun developing its own social media platform to…
DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC
FREMONT, Calif., Aug 23 (Reuters) – Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional feature: Human operators. While there is no driver behind the wheel, the passenger seat is occupied by a safety operator who “has a red button… Continue reading DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC
India · 8:23 AM UTCIndia court gives police three weeks to conclude Paytm ownership probeAn Indian court on Monday has given police three weeks to con…
NEW DELHI, Aug 23 (Reuters) – An Indian court on Monday has given police three weeks to conclude an investigation into claims from a former Paytm director who said he co-founded the digital payment platform but did not receive shares owed. Ashok Kumar Saxena, 71, in legal documents said he invested $27,500 two decades ago… Continue reading India · 8:23 AM UTCIndia court gives police three weeks to conclude Paytm ownership probeAn Indian court on Monday has given police three weeks to con…
Autos & Transportation · 4:19 AM UTCS.Korea’s LG Chem shares dive on GM electric car recallLG Chem Ltd (051910.KS) shares slid nearly 10% on Monday af…
The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji/File Photo//File Photo GM expands Bolt EV recall over fire risk Battery supplier parent LG Chem shares drop nearly 10% Recall may delay LG Chem battery unit IPO -analyst SEOUL, Aug 23 (Reuters) – LG Chem… Continue reading Autos & Transportation · 4:19 AM UTCS.Korea’s LG Chem shares dive on GM electric car recallLG Chem Ltd (051910.KS) shares slid nearly 10% on Monday af…
Technology · August 22, 2021 · 11:07 PM UTCPayPal launches crypto buying and selling in the UKPayPal Holdings Inc will allow customers in the UK to bu…
A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration LONDON, Aug 23 (Reuters) – PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out,… Continue reading Technology · August 22, 2021 · 11:07 PM UTCPayPal launches crypto buying and selling in the UKPayPal Holdings Inc will allow customers in the UK to bu…
Autos & Transportation · 12:09 AM UTCGM expands Chevy Bolt EV recall for fire risk, will take $1 billion hitGeneral Motors Co said on Friday it would …
WASHINGTON, Aug 21 (Reuters) – General Motors Co (GM.N) said on Friday it would take a hit of $1 billion to expand the recall of its Chevrolet Bolt electric vehicles due to the risk of fires from the high-voltage battery pack – a blow for the largest U.S. automaker as it seeks to ramp up… Continue reading Autos & Transportation · 12:09 AM UTCGM expands Chevy Bolt EV recall for fire risk, will take $1 billion hitGeneral Motors Co said on Friday it would …
Technology · 10:37 PM UTCBitcoin rises 5 percent to $49,106Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous cl…
A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration Aug 20 (Reuters) – Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 77.4% from the year’s low of $27,734 on Jan.… Continue reading Technology · 10:37 PM UTCBitcoin rises 5 percent to $49,106Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous cl…
TechnologyNvidia’s $40 bln deal for ARM dealt blow by UK regulator4:13 PM UTC
Regulator finds competition issues with deal Says full investigation is needed LONDON, Aug 20 (Reuters) – Nvidia Corp’s (NVDA.O) planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation. Struck in September… Continue reading TechnologyNvidia’s $40 bln deal for ARM dealt blow by UK regulator4:13 PM UTC