Technology · 10:51 AM UTCOver half of crypto tokens stolen in $610 mln hack now returned, Poly Network saysHackers behind one of the biggest ever digi…

LONDON, Aug 12 (Reuters) – Hackers behind one of the biggest ever digital coin heists have now returned over half of the $610 million-plus they stole, the cryptocurrency platform targeted by the hack said on Thursday. Poly Network, a platform that facilitates peer-to-peer transactions, said on Twitter that, as of 0818 GMT, hackers had returned… Continue reading Technology · 10:51 AM UTCOver half of crypto tokens stolen in $610 mln hack now returned, Poly Network saysHackers behind one of the biggest ever digi…

Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…

BERLIN, Aug 12 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said. Tesla also said it was willing to intensify communication in the… Continue reading Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…

ChinaDidi denies management changes amid cybersecurity probe6:41 AM UTC

BEIJING, Aug 12 (Reuters) – China’s ride-hailing giant Didi Global Inc (DIDI.N) said on Thursday that rumours about a possible management change are not true. “Didi is actively and fully cooperating with regulators’ cybersecurity probe, market rumours about management change at the company is not true,” Didi said in a Weibo post. The statement followed… Continue reading ChinaDidi denies management changes amid cybersecurity probe6:41 AM UTC

Finance · 10:15 AM UTCCrypto fashion: why people pay real money for virtual clothesPeople care what their avatars are wearing.

LONDON, Aug 12 (Reuters) – People care what their avatars are wearing. When the virtual world Decentraland said in June users could make and sell their own clothing for avatars to wear on the site, Hiroto Kai stayed up all night designing Japanese-inspired garments. Selling kimonos for around $140 each, he said he made $15,000-$20,000… Continue reading Finance · 10:15 AM UTCCrypto fashion: why people pay real money for virtual clothesPeople care what their avatars are wearing.

TechnologyFacebook may have to sell Giphy on Britain’s competition concerns10:12 AM UTC

A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/File Photo Aug 12 (Reuters) – Britain might require Facebook (FB.O) to sell GIF website Giphy after the country’s competition regulator said on Thursday its investigation found the deal between the two companies would harm competition in the display… Continue reading TechnologyFacebook may have to sell Giphy on Britain’s competition concerns10:12 AM UTC

Tesla’s Musk says must keep to schedule on European gigafactory – minister

By Reuters Staff 1 Min Read SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Tesla CEO Elon Musk has made clear how important it… Continue reading Tesla’s Musk says must keep to schedule on European gigafactory – minister

Technology · 5:04 AM UTCExplainer: How hackers stole $613 million in crypto tokens from Poly NetworkHackers pulled off the biggest ever cryptocurrency…

WASHINGTON, Aug 12 (Reuters) – Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing $613 million in digital coins from token-swapping platform Poly Network, only to return $260 million worth of tokens less than 24 hours later, the company said. Here’s what we know so far about the heist. WHAT IS POLY NETWORK?… Continue reading Technology · 5:04 AM UTCExplainer: How hackers stole $613 million in crypto tokens from Poly NetworkHackers pulled off the biggest ever cryptocurrency…

Autos & Transportation · 3:16 AM UTCChina urges automakers to strengthen data protectionThe Chinese government has asked automakers to strengthen data…

Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS BEIJING, Aug 12 (Reuters) – The Chinese government has asked automakers to strengthen data protection and store locally generated key data in the country. Automakers need to get regulatory approval for both when they need… Continue reading Autos & Transportation · 3:16 AM UTCChina urges automakers to strengthen data protectionThe Chinese government has asked automakers to strengthen data…

Autos & TransportationChina’s Li Auto shares fall 2.1% at HK debut, plans battery electric models, new factory3:01 AM UTC

Aug 12 (Reuters) – Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer price of HK$118 in the company’s trading debut at the Hong Kong Stock Exchange on Thursday. The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city. Li Auto is… Continue reading Autos & TransportationChina’s Li Auto shares fall 2.1% at HK debut, plans battery electric models, new factory3:01 AM UTC

Autos & Transportation · August 11, 2021 · 9:09 PM UTCU.S. House Democrats seek at least $160 billion in new EV fundingA group of 29 U.S. House Democr…

An Ionity electric vehicle charging station is pictured near Dresden, Germany, August 27, 2019. REUTERS/Annegret Hilse WASHINGTON, Aug 11 (Reuters) – A group of 29 U.S. House Democrats want congressional leaders to include at least $160 billion in additional funding for electric vehicles as part of a $3.5 trillion spending measure, according to a letter… Continue reading Autos & Transportation · August 11, 2021 · 9:09 PM UTCU.S. House Democrats seek at least $160 billion in new EV fundingA group of 29 U.S. House Democr…