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Banks and consumer groups have raised concerns about tech companies running their own independent payment networks.
It's no surprise that on-demand rides are more expensive now than they were in the early, heady days of Lyft and its larger competitor, Uber.
(Reuters) - Former U.S. President Donald Trump has announced his return to the digital world with the planned launch of his own social media app as he promises to "stand up to Big Tech" after being banished from major platforms.
OAKLAND, Calif. (Reuters) - Meta4 Fund Management, a Miami-based crypto-currency investment management firm, said on Thursday it launched a new fund to invest in so-called non-fungible tokens (NFT) and aims to raise $100 million with one of Silicon Valley's top venture capital firms Andreessen Horowitz as its lead investor.
(Corrects number of Sequoia investments in paragraph 30)
The announcement comes as Facebook grapples with the fallout of a damaging scandal, major outages of its services, and rising calls for regulation to curb its vast influence.
(Reuters) - Netflix Inc employees are staging a walk-out on Wednesday in an unprecedented show of defiance to protest the streaming giant’s decision to release comedian Dave Chappelle’s controversial new comedy special, which they say ridicules trans people.
Despite massive global investment in electromobility, the internal combustion engine is far from dead. Many experts believe climate-friendly synthetic fuels could prolong its life by many years if sufficient quantities can be produced at the right price.
LONDON (Reuters) - Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself https://www.reuters.com/technology/facebook-plans-change-its-name-verge-2021-10-20 with a new name that focuses on the metaverse, the Verge reported on Tuesday.
(Reuters) - Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new group name that focuses on the metaverse, the Verge reported on Tuesday.