News

Avatar startups have come and go over the past few years, but the future that many of the entrepreneurs behind them originally imagined has proven more or less accurate. Apple is increasingly interested in avatar representations through Memoji, Mark Zuckerberg wants Facebook to be a metaverse company, and platforms like Roblox where users enter a […]

October 7, 2021 By Noah Browning and Susanna Twidale LONDON (Reuters) – Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business, while industry groups called on Thursday for government action to ensure there is no supply interruption this winter. Natural gas prices, particularly […]

October 7, 2021 By Joseph Ax (Reuters) – New York City Mayor Bill de Blasio’s security detail was misused for personal tasks, including helping his daughter move and shuttling his son to and from college, a watchdog agency said on Thursday, likening the actions to a “concierge service.” It also said the mayor has not […]

October 7, 2021 MOSCOW (Reuters) – A Moscow court told state bailiffs on Thursday to enforce the collection of 26 million roubles ($361,400) in fines imposed on U.S. social media giant Facebook for failing to delete content that Russia deems illegal. Moscow’s Tagansky District Court issued the order over eight fines that Facebook has not […]

October 7, 2021 By Ann Saphir (Reuters) – U.S. hiring probably accelerated last month, a range of high-frequency indicators suggests, as the effects of the latest COVID-19 surge began to subside, but even a second straight weak employment report would be unlikely to derail the Federal Reserve’s plans to begin reducing its support for the […]

October 7, 2021 MILAN (Reuters) – The organizers of the Geneva International Motor Show said on Thursday that they would not organize the event next year due to “industry-wide issues relating to the COVID-19 pandemic”. The organisers said in a statement that direct and indirect issues linked to the pandemic left them “with no alternative”. […]

October 7, 2021 By Elizabeth Dilts Marshall NEW YORK (Reuters) – JPMorgan Chase & Co on Thursday said it would allow others to use its intellectual property in hopes of speeding up the transition to low carbon technology and energy sources. The bank is making several key patents related to how it efficiently cools and […]

I’ve been working on a big project the past several days (more on that soon), which means, unfortunately, I’ve been away from the daily breaking news. That means, in turn, that I really haven’t been on top of the big robotics news this week. So let’s use this column as an opportunity to play a […]

Snapchat is rolling out new tools and educational resources to prevent younger users from buying counterfeit pills and illicit drugs via the platform. The company said on Thursday that the goal of the new tools is to keep its users safe from “the devastating impacts of the fentanyl crisis.” “We are determined to remove illegal […]

Otto, a fintech startup which aims to allow people to tap into their vehicle’s equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially let people borrow against their vehicles at the same interest rate as standard credit cards. […]

Remember when a Twitter contractor deactivated Donald Trump’s personal account for 11 minutes in 2017? Opal co-founder Stephen Cobbe says that is one example of an instance where certain employees were provided too much access to the inner-workings of the company. His company, based in San Francisco and New York, is working with enterprises to […]

On-demand grocery delivery platform Instacart announced this morning that it’s acquiring FoodStorm, a SaaS order management system (OMS) that powers end-to-end order-ahead and catering for grocery retailers. The companies have not disclosed the financial details of the deal, but as part of the acquisition, Instacart will integrate FoodStorm’s technology into its suite of enterprise grocery […]

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor Jeep’s Grand Cherokee plug-in hybrid will arrive in early 2022 Microsoft’s Windows store is now open to third-party app stores Your iPhone could soon be useful for more in a car than answering calls and spicing up the music […]

October 7, 2021 By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Governor Lael Brainard said Thursday the central bank should move forward with its efforts to gauge how banks might be impacted by climate change, saying such analysis will be a key tool in measuring risks. In a prepared speech, Brainard noted regulators face “substantial work” […]

October 7, 2021 ABUJA (Reuters) – The Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, Governor Godwin Emefiele told a conference on Thursday. He said this would make Nigeria “one of the first countries in Africa, and indeed the globe, to adopt the digitisation […]

October 7, 2021 By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits dropped by the most in three months last week, suggesting the labor market recovery was regaining momentum after a recent slowdown, as the wave of COVID-19 infections began to subside. The weekly unemployment claims report from […]

October 7, 2021 PRAGUE (Reuters) – Skoda Auto, a Volkswagen unit and the Czech Republic’s biggest exporter, will “significantly reduce or even halt” production from Oct. 18 until the end of the year due to the global shortage of chips hobbling the automotive sector. Carmakers around the world are struggling with a lack of semiconductor […]

October 7, 2021 PARIS (Reuters) – France’s top bishop has been summoned by the interior minister after saying that the pact of secrecy would prevent a priest from reporting sex crimes against children that were revealed during Catholic confession. Following the publication of a report this week about sexual abuse of children by the clergy […]

BrightHire, a startup that wants to transform the way people are hired inside organizations, announced a $20.5 million Series B investment today led by 01 Advisors with participation from Index Ventures and Zoom Apps Fund. The fact that Zoom Apps Fund is involved is not a coincidence, as the company is based on taking information […]

Medley, the group coaching platform that focuses on both personal and professional development, has today announced the close of a $3.7 million seed round led by A16Z. Connie Chan and Anne Lee Skates of Andreesen Horowitz led the round, with participation from Aglaé Ventures, Foundation Capital, Ciara Wilson, Jen Rubio, Dara Treseder (Peloton). and Sanyin […]