News

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 […]

October 7, 2021 By Cate Cadell QINZHOU, China (Reuters) – U.S. remote-control maker Universal Electronics Inc told Reuters it struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the southern Chinese city of Qinzhou, the first confirmed instance of an American company participating in a transfer program […]

October 7, 2021 FRANKFURT (Reuters) -European Central Bank policymakers debated a bigger cut in asset purchases last month and harboured greater inflation concerns than their post-meeting communication suggested, the accounts of the Sept. 9 discussions showed on Thursday. With the economy now on a solid footing and inflation well above the ECB’s target, policymakers are […]

October 7, 2021 (Reuters) – Twitch, a live streaming e-sports platform owned by Amazon.com Inc, on Wednesday blamed “an error” in server configuration change that might have allowed an alleged hacker to leak sensitive information. The platform said it was still assessing the impact and that it had reset all stream keys, or codes that […]

October 7, 2021 By David Lawder WASHINGTON (Reuters) – Governments should start planning a return to more sustainable budgets with policies that win the trust of investors, after unprecedented fiscal stimulus to fight the COVID-19 pandemic, the International Monetary Fund said on Thursday. But each country must determine the appropriate timing and pace of fiscal […]

October 7, 2021 BERLIN (Reuters) – Workers at Opel’s Eisenach plant, which was shut down last week until the end of the year due to chip shortages, on Thursday accused the carmaker’s owner, Stellantis, of exploiting Germany’s furlough scheme to move production out of the country. Union officials fear that Opel, which is bound by […]

October 7, 2021 By Carolina Mandl and Tatiana Bautzer SAO PAULO (Reuters) – Alberto Joseph Safra and his family are close to an agreement over the will of his father, Brazilian billionaire banker Joseph Safra, that could avoid litigation over an almost $15 billion fortune, two sources with knowledge of the matter said on Tuesday. […]