News

As companies process ever-increasing amounts of data, moving it in real time is a huge challenge for organizations. Confluent is a streaming data platform built on top of the open source Apache Kafka project that’s been designed to process massive numbers of events. To discuss this, and more, Confluent CEO and co-founder Jay Kreps will […]

September 16, 2021 By David Shepardson and Diane Bartz WASHINGTON (Reuters) -The Biden administration will announce on Thursday it plans to award 16 slots for flights at Newark International airport in New Jersey to a low-cost carrier to spur competition at the busy northeast U.S. airport, documents seen by Reuters show. Separately, the Federal Aviation […]

September 16, 2021 By Liz Lee KUALA LUMPUR (Reuters) – Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012. The finance ministry said in a […]

Whatnot, a live streaming shopping platform for collectors to buy and sell things like rare Pokémon cards and Funko Pops, has closed a $150M Series C — its third round of fundraising in 2021 alone. This round pins Whatnot’s valuation at $1.5B, earning it a spot on the ever-growing list of unicorns. So what’s a […]

Facebook today is announcing the launch of new products and features for business owners, following the threat to its ad targeting business driven by Apple’s new privacy features, which now allow mobile users to opt out of being tracked across their iOS apps. The social networking giant has repeatedly argued that Apple’s changes would impact […]

September 16, 2021 BRUSSELS (Reuters) – The European Commission launched on Thursday a health crisis body that will coordinate EU spending of almost 30 billion euros ($35.3 billion) to prepare for a future pandemic. The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical […]

September 16, 2021 CAIRO (Reuters) – Egypt and Libya’s unity government signed a series of cooperation agreements and several infrastructure contracts on Thursday as Cairo eyes reconstruction opportunities in its oil-rich neighbour. Though Libya’s political prospects remain uncertain, the deals are the latest sign of Egypt’s efforts to re-engage with Tripoli after years of siding […]

September 16, 2021 ZURICH (Reuters) – The World Economic Forum (WEF) is to take place in the Swiss mountain resort of Davos next year on Jan. 17-21, reverting to an in-person meeting of world and business leaders, organisers said on Thursday. The meeting will focus on accelerating stakeholder capitalism, harnessing the technologies of the Fourth […]

Ford said Thursday it will invest another $250 million and add 450 positions to increase production capacity of its upcoming F-150 Lightning after receiving more than 150,000 pre-orders for the all-electric pickup truck. The additional funds and jobs will be spread out across its new Rouge Electric Vehicle Center in Dearborn, Michigan, Van Dyke Electric […]

The art of pitching is perhaps the most important art that a founder learns on their journey to unicorn status and beyond. And like any art, it helps to get some critical feedback along the way from the judges on the other side of the table. That’s why every Disrupt, we host Pitch Deck Teardown, […]

September 16, 2021 (Reuters) -American Alberto Salazar, who has coached some of the world’s top long-distance runners, had his four-year suspension for a series of anti-doping rule violations upheld by the highest court in sport. The 63-year-old, who guided Britain’s Mo Farah to Olympic titles, was banned by the U.S. Anti-Doping Agency (USADA) in 2019 […]

September 16, 2021 BEIJING (Reuters) – China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country’s commerce ministry said on Thursday. The regional trade pact was signed by 11 nations including Australia in 2018. Chinese Commerce Minister Wang Wentao submitted the application to New Zealand’s Trade Minister […]

September 16, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Delta variants, spending splurges, inflation scares and debt ceilings all threaten to bamboozle U.S. bonds, and yet it’s the delicate and often misread dance between the Fed and Treasury that’s likely keeping everything in check. On one side the Federal Reserve will likely start reducing […]

September 16, 2021 WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva will speak at a virtual global COVID-19 summit on Sept. 22 that the United States is organizing on the sidelines of the U.N. General Assembly, the IMF said on Thursday. U.S. President Joe Biden had asked Georgieva to speak at the summit, […]

September 16, 2021 WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it was deeply concerned with the economic situation facing Afghanistan and warned of a looming humanitarian crisis facing the country after last month’s takeover by Islamist Taliban insurgents. IMF spokesman Gerry Rice said the global lender’s engagement with Afghanistan remains suspended, which […]

September 16, 2021 (Reuters) – Four-times major winner Brooks Koepka confirmed his participation in next week’s Ryder Cup, after his commitment to the competition was called into question. In an interview with Golf Digest this week, Koepka described the biennial team event between the United States and Europe as “a bit odd” and mentally challenging, […]

September 16, 2021 WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that it was important for the U.S. government should find a solution to a looming debt limit deadline to avoid “counterproductive brinkmanship” and that Washington should consider replacing the federal borrowing cap. IMF spokesman Gerry Rice told a regular press briefing that […]

September 16, 2021 WASHINGTON (Reuters) – General Motors Co said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October in the aftermath of a new recall of its Chevrolet Bolt electric vehicles over battery issues after 10 reported fires. The largest U.S. automaker said the extension of the production halt […]

September 16, 2021 By Jill Serjeant (Reuters) – Britain’s Prince Harry and his wife Meghan on Wednesday graced the cover of Time magazine’s annual 100 most influential people in the world issue. The list also includes singers Billie Eilish and Britney Spears, and Olympic gymnast Simone Biles. Harry and Meghan, who quit their royal duties […]

September 16, 2021 By Elizabeth Culliford and Fanny Potkin (Reuters) – Facebook is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the company told Reuters. The new approach, reported […]