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LONDON (Reuters) - Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts.
TUNJA, Colombia (Reuters) - A Colombian exporter of long-horned beetles, a popular pet for Japanese children, has created its own cryptocurrency to avoid high commissions on international sales.
(Reuters) -Brazilian fintech Nubank, which was valued at $30 billion in a recent funding round led by Warren Buffett's Berkshire Hathaway, has filed for an initial public offering in the United States.
(Corrects number of Sequoia investments in paragraph 30)
Currency crash pushes Lebanese to stash savings in digital money, with miners using subsidised fuel amid rolling power cuts. Crypto inhabits legal grey area that may limit widespread use.
Gig work offers flexibility, but activists warn against low wages and few benefits as digital labour platforms have increased five-fold in 10 years. New businesses use gig model to pay fair wages and cut emissions.
With YouTube videos “debunking” allegations of human rights abuses and diatribes on Western “conspiracies” against China, an unlikely set of foreigners are loudly defending Beijing from its international critics.
By turning money raised illegally into cryptocurrency and then using it in illegal parts of the Internet, like the dark web, the Mafia can launder money or pay bills without attracting notice.
Covid-19 spurs governments to bridge digital divide, with new laws declaring the Internet as an essential service and expanding Internet access to include lowering costs.
No Internet and scant tech skills keep migrants on margins. Legal status could mean work, benefits, peace of mind.