Facebook’s stock took a dive Monday as the site suffered one of its worst outages of the past decade with services across its entire suite of products going offline while the tech company struggled to even bring its own internal services back online. The stock ended the day down nearly 5%, with Facebook shedding tens […]
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GraphWear closes $20.5M Series B for a needle-free, nanotech-powered glucose monitor
GraphWear, a company pursuing needle-free approaches to glucose monitoring, has closed a $20.5 million Series B round. This series B round is a vote of confidence by investors in GraphWear’s approach: to monitor key metrics in the body, like glucose, without breaking the skin at all. GraphWear Technologies was founded in 2015 by Rajatesh Gudibande […]
France, Spain urge pan-European response to energy price surge
October 4, 2021 By Jan Strupczewski LUXEMBOURG (Reuters) -France and Spain on Monday called for a coordinated European response to the surge in global energy prices to protect Europe’s poorest citizens, the competitiveness of its businesses and its 2050 plan to cut greenhouse emissions. The call, along with ideas shared by European Union governments during […]
Calpers’ CEO Frost hopes COP26 yields more green-investing data
October 4, 2021 By Ross Kerber BOSTON (Reuters) – An upcoming United Nations climate summit will give world leaders a chance to push for standardized measures of areas like corporate carbon emissions, the head of the largest U.S. pension fund said on Monday. Marcie Frost, chief executive of the California Public Employees’ Retirement System, said […]
Dollar edges down as traders await U.S. jobs data
October 4, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Monday, pulling back from the 1-year high hit last week, as traders looked to U.S. jobs data at the end of the week for clues to the Federal Reserve’s next move. The U.S. Dollar Currency Index, […]
Exclusive-Bank of Mexico’s rate hike cycle not over, deputy governor says
October 4, 2021 By Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s cycle of rate hikes is not yet over and one or two increases are likely forthcoming amid concerns about inflation, though any monetary policy moves will depend on incoming data, Deputy Governor Jonathan Heath said on Monday. Expressing concern about above-target inflation, […]
Play director questioned in Lebanon, fuelling freedom worries
October 4, 2021 By Issam Abdallah BEIRUT (Reuters) – A theatre director whose play was reported to the Lebanese authorities for allegedly criticising the president was released without charge after questioning on Monday, his lawyer said, in a case that has fuelled worry about freedom of expression in Lebanon. The director, Awad Awad, was also […]
Oil settles above $81 with OPEC+ sticking to output increase
October 4, 2021 By Laura Sanicola (Reuters) -Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output policy as demand for petroleum products rebounds, despite pressure from some countries for a bigger boost to production. The producer club’s decision to keep increasing oil output gradually sent prices […]
Evergrande eyeing $5 billion property unit sale; rival Fantasia misses payment
October 4, 2021 By Tom Westbrook and Donny Kwok HONG KONG (Reuters) -Debt-saddled China Evergrande is set to raise more than $5 billion by selling a majority stake in its property management arm, Chinese media said on Monday, a deal which would be the struggling giant’s largest asset sale yet if it goes ahead. Once […]
Facebook ‘accountable to no one,’ whistleblower will say in testimony
October 4, 2021 By David Shepardson WASHINGTON (Reuters) – Former Facebook employee and whistleblower Frances Haugen will tell Congress Tuesday the company faces little oversight and will liken the social media giant to tobacco companies that for decades denied that smoking damaged health, according to testimony seen by Reuters. “When we realized tobacco companies were […]
Investors share how infrastructure as code is taking over DevOps
Infrastructure as code (IaC) has been gaining wider adoption among DevOps teams in recent years, but the complexities of data center configuration and management continue to create problems — and opportunities. We surveyed top investors in IaC startups to find out more. Overall, they see a lot of room for growth given all of the […]
Henrietta Lacks’ estate says pharma company profited from stolen cells
October 4, 2021 By Blake Brittain (Reuters) – The estate of a Black woman whose cervical cells were taken from her decades ago without her permission sued a pharmaceutical company on Monday, saying it made a “conscious choice” to mass produce the cells and profit from a “racially unjust medical system.” Henrietta Lacks’ estate hasn’t […]
Senator asks Facebook CEO to answer questions on teen safety
October 4, 2021 By David Shepardson WASHINGTON (Reuters) -Democratic Senator Ed Markey on Monday asked for answers from Facebook Chief Executive Mark Zuckerberg after new research suggested the social media company failed to prevent display of harmful advertisements to teen Facebook users. Markey cited comments by a Facebook executive before Congress last week that the […]
White House: Biden to hold meeting with progressives, discuss smaller bill
October 4, 2021 WASHINGTON (Reuters) – President Joe Biden will hold a virtual meeting with left-leaning progressive lawmakers from the House of Representatives on Monday afternoon to discuss a social spending bill, which he plans to make clear will be smaller than they hoped, the White House said. White House spokesperson Jen Psaki said Biden […]
Jordanian king says he has nothing to hide as leaked papers cite his wealth
October 4, 2021 By Suleiman Al-Khalidi AMMAN (Reuters) -King Abdullah of Jordan said on Monday he had nothing to hide following leaks of financial documents that showed he used offshore accounts to buy expensive properties abroad. Earlier, a palace statement reacting to the leak of what major news outlets called a secret trove of documents […]
Paris landmark sheds its wrapper as art installation ends
October 4, 2021 PARIS (Reuters) – After a month wrapped in silvery-blue plastic as part of an art installation, Paris landmark the Arc de Triomphe was returning to its familiar form on Monday as work to dismantle the wrapping got underway. The plan to encase the 19th century arch was originally conceived by the late […]
U.S. urges fair treatment for Georgia’s Saakashvili
October 4, 2021 WASHINGTON (Reuters) – The U.S. State Department said on Monday it is following developments in Georgia closely and urged the country to ensure detained former president Mikheil Saakashvili is treated fairly. Georgia’s ruling party won a commanding lead in a municipal election held a day after the arrest of Saakashvili, who had […]
Pandora Papers: Rich and powerful deny wrongdoing after dump of purported secrets
October 4, 2021 (Removes in paragraphs 1 and 23 the description of Reliance Group as India’s largest conglomerate) WASHINGTON (Reuters) – The Czech prime minister, the king of Jordan and the chairman of a well-known Indian conglomerate were among global figures denying wrongdoing on Monday after the leak of what major news outlets called a […]
Neurodiversity and the software design dilemma
Pouyan Salehi Contributor Share on Twitter Pouyan Salehi is the co-founder and CEO of Scratchpad. Homo sapiens is truly a diverse species. We appear distinct from each other based on our origins in various regions of the planet; we communicate using thousands of languages; we have different thought patterns based on our experiences, heritage and […]
Informatica’s IPO will test public markets’ appetite for slower-growing tech offerings
Informatica filed to go public late last week, some six years after it was taken private by two private equity teams for $5.3 billion. The data-focused company used its passage through the private markets to execute a move to the cloud, work that came to a head in early 2021, when Informatica announced its dive […]