News

October 6, 2021 (Corrects paragraph two to remove timeframe, adds 12-month timeframe to paragraph eight) By Nick Carey LONDON (Reuters) -British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough traffic on busy city streets. Wayve’s technology […]

October 6, 2021 By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday that headline consumer price inflation should peak this fall and recede to pre-pandemic levels by mid-2022, but risks remain that shortage-driven inflation spikes could prove more persistent, unanchoring expectations. The IMF’s baseline forecasts for advanced economies shows headline inflation […]

October 6, 2021 By Natalia Zinets and Pavel Polityuk KYIV (Reuters) – Ukraine’s third-biggest bank suspended its chairman on Wednesday after a video was aired showing a scuffle in his office with journalists investigating the bank’s lending practices. State-run lender Ukreximbank said in a statement it had suspended Yevgen Metsger and apologised to the journalists. […]

October 6, 2021 By Sabine Siebold, Ivana Sekularac and Robin Emmott BRDO, Slovenia (Reuters) -The European Union’s 27 leaders promised future membership to their six Balkan neighbours on Wednesday, restating a pledge first made 18 years ago, but they brushed aside calls for a 2030 goal for fear of a backlash at home over migration. […]

Copper Banking, a digital banking service aimed at teens, announced today it has raised a total of $13.3 million in seed funding. PSL Ventures, an arm of Pioneer Square Labs, led a $4.3 million raise for Seattle-based Copper last year and an additional $9 million this year. Other investors in the fintech startup include Clocktower […]

Hello and welcome back to Equity, TechCrunch’s venture capital focused podcast where we unpack the numbers behind the headlines. This is our Wednesday show, the time of the week when we niche down to a single topic. Today? Gaming. Natasha and Danny and Alex got together to discuss the gaming world from a few perspectives, […]

A startup called Matter, which aims to build a better reading app for today’s internet, is launching out of private beta testing and announcing the close of its $7 million Series A, led by GV (formerly Google Ventures.) The app enters a space where technologies for saving articles to read later, like Instapaper and Pocket, […]

October 6, 2021 By Dan Williams JERUSALEM (Reuters) – An Israeli right-wing opposition legislator is seeking to outlaw the planned reopening of a U.S. mission in Jerusalem that has traditionally been a base for diplomatic outreach to the Palestinians. Israel’s new cross-partisan government led by nationalist Prime Minister Naftali Bennett also opposes the reinauguration of […]

October 6, 2021 By Tim Hepher BOSTON (Reuters) -Airbus is sticking to its quest for record jet output after airlines reported glimmers of a post-pandemic recovery this week, and believes engine makers who have questioned its most ambitious proposals will be “unable to resist” demand. Airbus has said it hopes to almost double jet production […]

October 6, 2021 By Foo Yun Chee BRUSSELS (Reuters) -Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday. The deal announced by world’s biggest maker of graphics and AI chips last year has sparked concerns […]

October 6, 2021 By Joyce Lee SEOUL (Reuters) – South Korean Internet service provider SK Broadband has sued Netflix to pay for costs from increased network traffic and maintenance work because of a surge of viewers to the U.S. firm’s content, an SK spokesperson said on Friday. The move comes after a Seoul court said […]

October 6, 2021 By Sangmi Cha SEOUL (Reuters) – A South Korean woman who was deluged with thousands of prank calls and text messages after her phone number was highlighted as a key plot point in Netflix’s hit show “Squid Game https://ift.tt/3D22ODQ; may soon get some relief. Netflix and local production company Siren Pictures said […]

Increasingly, companies are being encouraged by governments to engage in carbon accounting, but of course, only a small number of companies actually do. Even those probably count only 10% of their emissions because they don’t account for the emissions of their supply chain, which, when looked at, probably accounts for 90% of their total emissions. […]

Earlier this year, Spotify introduced its new audio advertising marketplace, the Spotify Audience Network, which allows advertisers to reach audiences across Spotify’s ad-supported music and original and exclusive podcast programs, as well as third-party podcasts from Megaphone publishers, all in one place. Today, the company is launching access to the Spotify Audience Network to creators […]

Mariella Moon Contributor Mariella Moon is an associate editor at Engadget. More posts by this contributor FCC proposes new rules to combat SIM swapping scams ‘Pokémon Unite’ has arrived on Android and iOS Alphabet subsidiary Wing has launched a pilot program that will have its drones fly products from the rooftops of shopping centers. In […]

October 6, 2021 BRDO, Slovenia (Reuters) – There is still discussion among the European Union’s 27 leaders about whether the bloc can take in new members, the EU’s chairman said on Wednesday, even as the bloc pledged to one day give membership to Balkans countries. “In all frankness, there is discussion among the 27 about […]

October 6, 2021 By Paul Carrel and Kirsti Knolle BERLIN (Reuters) -The centre-left Social Democrats (SPD) moved a step closer on Wednesday to heading Germany’s next government, signing up the Greens and business-friendly Free Democrats (FDP) for coalition talks following an inconclusive national election. The Sept. 26 federal ballot, in which no party won an […]

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 […]

A huge cache of source code repositories, creator payouts, and other internal data from Twitch has leaked online after an apparent hack. In a post on Tuesday (but which was widely circulated on Wednesday), the hacker claims to have taken the video game streaming giant’s source code, as well as proprietary SDKs, or software development […]

October 6, 2021 By Ernest Scheyder (Reuters) – BMW said on Wednesday it will invest in lithium technology startup Lilac Solutions Inc to support more-efficient ways to produce the electric vehicle battery metal. Privately-held Lilac is part of a growing number of technology developers seeking to extract lithium from saltwater brines faster, cheaper and with […]