News

September 23, 2021 By David Henry (Reuters) – Borrowers who apply for “buy now, pay later” or other point-of-sale financing tend not to pay down their credit card debts as much as the general population, credit reporting company TransUnion said on Thursday. The conclusion, from a new study, indicates that credit card lenders might not […]

September 23, 2021 By Josh Horwitz and David Kirton SUZHOU/SHENZHEN, China (Reuters) – At an eerily quiet construction site in eastern China’s Suzhou, worker Li Hongjun says property developer Evergrande’s debt crisis means he will soon run out of food. Christina Xie, who works in export in the bustling southern city of Shenzhen, fears Evergrande […]

September 23, 2021 BRAUNSCHWEIG (Reuters) – A former Volkswagen manager, who is on trial over the carmaker’s emissions-cheating scandal, blamed company culture on Thursday for his and others’ silence on the matter, but said he would have acted differently had he known the consequences. Hanno Jelden, who prosecutors said was in charge of the development […]

September 23, 2021 WASHINGTON (Reuters) -The rate of unruly airline passenger incidents has dropped sharply since regulators moved to impose fines in January but remains twice as high as last year, the Federal Aviation Administration said on Thursday. The incidents were occurring six times per 10,000 flights as of last week – a 50% drop […]

Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels of open banking startup TrueLayer hitting a $1 billion valuation in its latest round after seeing strong traction for its services, today another open banking […]

September 23, 2021 (Reuters) – The United Nations High Commissioner for Human Rights on Thursday warned of a human rights catastrophe under military rule in Myanmar and urged the international community to do more to prevent conflict from worsening. “The national consequences are terrible and tragic – the regional consequences could also be profound,” Michelle Bachelet said […]

September 23, 2021 TUNIS (Reuters) – Four Tunisian parties said on Thursday that President Kais Saied has lost his legitimacy and called for an end to what they called a “coup”,‮ ‬after the president said he was taking control of legislative and executive powers. Saied declared on Wednesday he would rule by decree and ignore […]

September 23, 2021 By Ayenat Mersie and George Obulutsa NAIROBI (Reuters) – The African Union’s (AU) top health official called Britain’s lack of recognition for coronavirus vaccines administered in Africa regrettable, saying on Thursday it sends a confusing public health message. England announced last week that it would expand the list of countries from which […]

Earning passive income as an investor in single-family rental homes is a dream for many, but also something that can be intimidating to break into. Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities […]

EU lawmakers are finally set to standardize charging ports for consumer electronics devices like smartphones and tablets — announcing a proposal today that, once adopted, will see the region settle on USB-C as a universal charging port for gadgets which will also include cameras, headphones, portable speakers and handheld videogames consoles. Some smaller consumer electronics […]

The COVID-19 pandemic has undoubtedly been devastating on many levels. But if there’s any silver lining in the global crisis, it could be that it’s less taboo to talk about feeling anxious, depressed or burnt out. Because chances are, the person you’re talking to is feeling one of those things too. So it’s no surprise […]

The Cinematic Mode on the iPhone 13 Pro models had a marquee spot in Apple’s presentation about the devices last week. The reviews so far this week have people acknowledging the cleverness but questioning its usefulness.  I’ve been testing out the feature for the past week and this weekend took it to Disneyland to give […]

Behavioral health is not only a business for Jake Cooper, it is also personal. The Grow Therapy co-founder and CEO has been managing ADHD since he was a child. He began working with a psychiatrist, and his parents could afford the $300 per session, but when they tried to find an in-network clinician, they came […]

San Francisco startup Loyal is rethinking the concept of longevity and starting with man’s best friend. The company raised $27 million in Series A funding in a round, led by Khosla Ventures and including First Round Capital, Box Group, Collaborative Fund, The Longevity Fund and Lachy Groom — all companies involved in Loyal’s $11 million […]

Jscrambler, a Portugal-based startup specializing in cybersecurity products that protect organizations against web data exfiltration attacks, has secured $15 million in Series A funding. The investment, which comes two years after the startup secured $2.3 million in seed funding, was led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures. Jscrambler […]

Bigeye on Thursday announced a $45 million in Series B funding, just six months after securing a $17 million Series A round. Coatue led the new investment that included existing investors Sequoia Capital and Costanoa Ventures. Together, the San Francisco-based company has brought in a total of $66 million, which also includes a $4 million […]

September 23, 2021 By Shilpa Jamkhandikar and Sankalp Phartiyal MUMBAI (Reuters) – A merger of India’s Zee and a domestic unit of Japan’s Sony Group Corp will create a television powerhouse to grab more advertising revenue, challenging top rival Walt Disney Co in a key growth market, industry officials said. The Sony-Zee alliance, with about […]

September 23, 2021 SEOUL (Reuters) – Samsung Electronics is in talks with Tesla to make Tesla’s next-generation self-driving chips based on Samsung’s 7-nanometre chip production process, a South Korean newspaper reported on Thursday. Since the beginning of this year, Tesla and Samsung have discussed chip design multiple times and exchanged chip prototypes for Tesla’s upcoming […]

September 23, 2021 (Reuters) -Salesforce.com Inc on Thursday raised its full-year revenue forecast, as the pandemic-led shift to hybrid work fueled demand for its cloud-based software. Shares of the company were up 2.4% at $265.4 in premarket trading. The business software maker’s revenue has gone from strength to strength over the past year, with the […]

September 23, 2021 SYDNEY (Reuters) – Australian Prime Minister Scott Morrison said he has tried to arrange a conversation with French President Emmanuel Macron but has been unsuccessful so far, a week after his cancellation of a major submarine deal sparked a diplomatic row with Paris. Morrison, speaking in Washington on Wednesday, said he would […]