Oracle Financial Services Software Ltd, a unit of Oracle Corp, has teamed up with financial technology provider Everest to bring blockchain to banks worldwide to enhance their product offerings, Everest Chief Executive and co-founder Bob Reid said.
Federal Reserve Chair Jerome Powell on Wednesday (Jul 14) said one of the stronger arguments for the US central bank to set up a digital currency is that it could undercut the need for private alternatives such as cryptocurrencies and stablecoins.
Twitter Inc said on Wednesday it will shut down its ephemeral posts feature called Fleets on Aug. 3 after the product failed to gain traction with users.
Federal Reserve Chair Jerome Powell said on Wednesday that crypto currencies are unlikely to become a mainstream part of the U.S. payments system but stablecoins might be, adding that more regulations are needed before that can happen.
Social audio app Clubhouse launched a direct messaging feature on Wednesday called 'Backchannel' to allow one-to-one and group text chats.
Facebook Inc will invest over US$1 billion to support content creators through the end of 2022, the social media giant said Wednesday, as it aims to compete with platforms like TikTok and YouTube for the attention of top social media personalities.
(Corrects name of California Housing Finance Agency)
GENEVA: Britain and other countries drawing up legislation to regulate online content: including racist abuse: must avoid overly broad definitions and over-reliance on algorithms that might curb free speech, United Nations officials warned on Wednesday. Some 40 new laws on social media have ...
SEOUL: S.Korea imports no Iran crude oil for June and a year ago, preliminary data from Korea Customs Service showed on Thursday. The world’s fifth-largest crude buyer imported a total 10.8 million tonnes of crude last month against 10 million tonnes imported a year ago, the data also showed...
Microsoft Corp on Wednesday said it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.
