TechCrunch Sessions is back! On October 27, we’re taking on the ferociously competitive field of software as a service (SaaS), and we’re thrilled to announce our final packed agenda, overflowing with some of the biggest names and most exciting startups in the industry. And you’re in luck, because $75 early-bird tickets are still on sale — […]
News
UK publishes safety-focused rules for video sharing platforms like TikTok
Video sharing platforms that offer a service in the UK have to comply with new regulations intended to protect users and under 18s from harmful content such as hate speech and videos/ads likely to incite violence again protected groups. Ofcom, the country’s comms, broadcast and — in an expanding role — Internet content regulator, has […]
BeeHero’s precision pollination platform wings its way to $19M in new funding
Move over, precision agriculture — precision apiculture is what’s on the minds of all future-focused farmers. BeeHero has been growing fast since its debut and seed round last year, and $19M in new funding means it can scale beyond its initial markets and find more uses for its one-of-a-kind collection of data collected from thousands […]
Column: Markets dust off Trump trade war playbook
October 6, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – The intense Washington-Beijing tariff war of 2018 has been put on ice since Donald Trump vacated the White House, but investors are wary of how markets reacted to the original escalation as Sino-U.S. trade relations return to the agenda this week. The trade standoff between […]
Amazon’s Twitch hit by data breach
October 6, 2021 (Reuters) -Twitch, a live-streaming platform for video gamers, has suffered a data breach, the Amazon.com Inc-owned company said on Wednesday, without providing further details. “We can confirm a breach has taken place. Our teams are working with urgency to understand the extent of this. We will update the community as soon as […]
OPEC+ caution and money behind reluctance to pump more oil-sources
October 6, 2021 By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+’s decision on Monday to stick with a plan to raise oil output modestly and gradually, despite prices surging to multi-year highs, was partly driven by concern that demand and prices could weaken, sources close to the group told Reuters. The […]
European stocks skid on inflation angst as oil jumps
October 6, 2021 By Sruthi Shankar and Susan Mathew (Reuters) – Automakers, retail and travel shares fell more than 2.5% on Wednesday, leading declines across all major sectors in Europe as soaring oil and gas prices intensified concerns inflation will dent economic growth. The pan-European STOXX 600 index fell 1%, giving back almost all of […]
GM aims to double revenues by 2030 as it drives to pass Tesla
October 6, 2021 By Joseph White and Ben Klayman DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra told investors Wednesday the automaker plans to double revenue by 2030, expanding profits from combustion vehicles as it rolls out new electric vehicles and new digitally-powered services in a bid to catch up with Tesla Inc. […]
Auto output dives in Brazil, Mexico as chip shortages bite
October 6, 2021 MEXICO CITY/SAO PAULO (Reuters) – Automotive production in Brazil and Mexico, Latin America’s two largest economies, plummeted in September, dragged down by an industry-wide semiconductor chip shortage and railroad blockades in Mexico, data showed on Wednesday. Brazilian auto production was down 21.3% to 173,287 units in September from the same month in […]
Stocks slip, dollar gains as inflation concerns simmer
October 6, 2021 By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -Global equity markets slid and the dollar rose on Wednesday after a strong private payrolls report and surging energy prices fueled the inflation outlook and expectations the Federal Reserve will soon taper its massive bond purchases. U.S. private payrolls increased by 568,000 jobs […]
Facebook should cancel Instagram Kids, not put it on ‘pause’
Sean Herman Contributor Share on Twitter Sean Herman is the CEO of Kinzoo, a kid tech company based in Vancouver, BC, and is the author of “Screen Captured: Helping Families Explore the Digital World in the Age of Manipulation.” In a blog post announcing plans to temporarily stop developing a new app targeted at children, […]
A new US bill would force companies to disclose ransomware payments
A new proposed law would compel businesses in the U.S. to disclose any ransomware payments within 48 hours of the transaction. The bicameral Ransom Disclosure Act, drafted by Sen. Elizabeth Warren and Rep. Deborah Ross, would mandate companies and organizations — though not individuals — to provide the U.S. Department of Homeland Security data on […]
VCs say there are more startup opportunities to chase in Latin America
Regions once overlooked by the venture capital industry are racking up impressive investment totals in recent quarters. African startups, for example, were long ignored by the global VC scene, with totals for the continent’s upstart technology companies representing a fraction of a fraction of the funds made available to other regions’ next-generation companies. But in […]
Motor racing-Hamilton and Verstappen renew battle in Turkey
October 6, 2021 By Alan Baldwin (Reuters) – Lewis Hamilton clinched his seventh Formula One world championship in Turkey last year while Max Verstappen had a race to forget, but this time the title remains wide open and the Dutch driver could be the one celebrating on Sunday. Only two points separate Mercedes’ championship leader […]
Motor racing-Formula One statistics for the Turkish Grand Prix
October 6, 2021 (Reuters) – Formula One statistics for Sunday’s Turkish Grand Prix at the Istanbul Park circuit, round 16 of the Formula One world championship: Lap distance: 5.338km. Total distance: 309.396km (58 laps) 2020 pole position: Lance Stroll (Canada) Racing Point, one minute 47.765 seconds. 2020 winner: Lewis Hamilton (Britain) Mercedes Race lap record: […]
ServiceNow announces partnership with Germany’s Celonis
October 6, 2021 BERLIN (Reuters) – U.S. technology platform ServiceNow is entering into a strategic partnership with German software company Celonis to help customers identify workflow processes that can be automated, the two companies said on Wednesday. The partnership includes ServiceNow making an unspecified investment in Celonis and will combine ServiceNow’s workflow platform with the […]
U.S. Justice Dept launches new initiatives on cryptocurrencies, contractor hacks
October 6, 2021 WASHINGTON (Reuters) – U.S. Deputy Attorney General Lisa Monaco on Wednesday unveiled two new Justice Department enforcement initiatives aimed targeting cryptocurrencies and government contractors who fail to report cyber breaches. (Reporting by Chris Bing; Writing by Sarah N. Lynch; Editing by Mark Porter) Source Link U.S. Justice Dept launches new initiatives on […]
Pinterest launches new ad features to drive shopping
October 6, 2021 By Sheila Dang (Reuters) – Pinterest will roll out new features for brands to promote products and ideas to users, the digital pinboard company said Wednesday, part of an effort to grow online shopping on its site. The features come as social media rivals including Facebook, TikTok and Snap Inc compete for […]
Two Congos seek UNESCO listing to reclaim rumba’s rhythms
October 6, 2021 By Hereward Holland KINSHASA (Reuters) – Perched on a corner of the stage at La Septente, an open-air club in Democratic Republic of Congo’s capital Kinshasa, Manda Chante sings the lilting opening to “Independence Cha Cha”, an old anthem for African anti-colonial movements. The song debuted one evening in Brussels in February […]
Soccer-England’s Tomori thriving under gaze of Maldini
October 6, 2021 LONDON (Reuters) – England defender Fikayo Tomori says playing under the gaze of Italian great Paolo Maldini at AC Milan has helped him produce the form to earn a recall to Gareth Southgate’s squad. The former Chelsea defender, who joined the Serie A club in June after an impressive loan spell, is […]