Cryptoverse-Tether gets a lift from stability doubts
By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the…
Technology
Writers’ strike freezes ‘Handmaid’s Tale,’ ‘Game of Thrones’ spinoff
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – (This May 8 story has been corrected to say that…
EA’s quarterly bookings beat estimates on ‘FIFA’ strength
By Chavi Mehta (Reuters) -Videogame publisher Electronic Arts Inc beat fourth-quarter booking estimates on Tuesday as gamers stuck with familiar…
Amazon offers US shoppers $10 to pick up purchases as it targets delivery costs
By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com is offering U.S. customers $10 to pick up a purchase rather than have…
Twilio forecasts weak second-quarter revenue, shares slip
(Reuters) -Twilio Inc on Tuesday forecast second-quarter revenue below estimates on shrinking demand for cloud services, sending the company’s shares…
Metaverse could contribute up to 2.4% of US GDP by 2035 – study
(Reuters) – The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product…
EU draft rules propose tougher cybersecurity labelling rules for Amazon, Google, Microsoft
By Foo Yun Chee BRUSSELS (Reuters) – Amazon, Alphabet’s Google, Microsoft and other non-European Union cloud service providers looking to…
Walmart takes fintech plunge into Mexico’s risky marketplace
By Diego Oré MEXICO CITY (Reuters) – U.S. retail giant Walmart wants to get on top of Mexico’s fintech market…
Coinbase ex-manager sentenced to 2 years in prison in US insider trading case
By Jody Godoy NEW YORK (Reuters) -Ishan Wahi, a former Coinbase Global Inc product manager, was sentenced on Tuesday to…
FTX’s law firm is back in the cross-hairs as Bankman-Fried kicks off defense
By Andrew Goudsward (Reuters) – Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange’s law…