scorecardresearch
Monday, September 30, 2024
HomeTech

Tech

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal

By DhanushVignesh Babu and Padraic Halpin (Reuters) -Flutter said on Tuesday it would buy Italy's Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech,

FAA proposes to fine SpaceX $633,000 over 2023 launch requirements

WASHINGTON (Reuters) - The Federal Aviation Administration said Tuesday it proposing to fine SpaceX $633,000 for allegedly failing to follow license requirements and not getting approval for changes

Intel rises as Amazon deal boosts struggling foundry unit’s prospects

By Deborah Mary Sophia and Arsheeya Bajwa (Reuters) -Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon's cloud business gave a major stamp of approval to its

US regulator to propose strengthened rules for banks working with fintechs

By Hannah Lang (Reuters) - A top U.S. banking regulator is set to propose that banks bolster recordkeeping requirements for accounts held by fintech companies on behalf of their customers, following

Intuit releases enterprise suite of financial products to tap new customers

(Reuters) - TurboTax maker Intuit said on Tuesday it has released a new customizable enterprise suite of its financial products in the United States to capture new customers looking for an all-in-one

Google takes Chile data center plans back to square one on environmental concerns

SANTIAGO (Reuters) - Google will rework from scratch its plans to build a $200 million data center in Santiago after concerns were raised about its environmental impact on the Chilean capital, the U.S

Microsoft, UAE’s AI firm G42 to set up two new centres in Abu Dhabi

DUBAI (Reuters) - Microsoft and United Arab Emirates-based artificial intelligence company G42 will open two centres in Abu Dhabi to work on "responsible" AI initiatives, the companies said on Tuesday

Instagram rolls out teen accounts with privacy, parental controls as scrutiny mounts

(Reuters) - Meta Platforms is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a significant overhaul aimed at addressing growing concerns around the

Travel tech startup Hotel Engine valued at $2.1 billion after latest fundraise

(Reuters) - Hotel Engine said on Tuesday it had raised $140 million in a funding round led by a fund advised by private equity giant Permira that valued the travel technology startup at $2.1 billion.

Instagram rolls out teen account with privacy, parental controls as scrutiny mounts

(Reuters) - Meta Platforms is rolling out special accounts with new privacy settings for teenaged Instagram users, it said on Tuesday, its latest effort to limit their exposure to harmful content on

On Camera

No more lip service on UNSC reforms—it’s time to form an implementation roadmap

Most of the UNSC’s failures stem from the use of veto power by the P5. In a world that champions democracy, the UNSC is inherently the most undemocratic entity possible.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?