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ECB executive warns green energy push will drive inflation higher

Policies to tackle climate change are likely to keep energy prices higher for longer and may force the European Central Bank to withdraw its stimulus more quickly than planned, one of its senior executives has warned. Isabel Schnabel, the ECB executive responsible for market operations, said the planned transition away from fossil fuels to a…
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8 January 2022 0

MODERNA CEO SAYS PEOPLE MAY NEED ANOTHER BOOSTER IN FALL OF 2022

A pharmacist holds a vial of the Moderna coronavirus disease (COVID-19) vaccine in West Haven, Connecticut, U.S., February 17, 2021. REUTERS/Mike Segar The effectiveness of COVID-19 boosters  is likely to wane in the coming months, and people may need another shot in the fall of 2022, Moderna Inc CEO Stéphane Bancel told a  conference on…
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8 January 2022 0

Sonos wins Google import ban ruling in U.S. patent fight

The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville A US commercial court has banned Google  from importing products that infringe the smart speaker patents of the home audio company Sonos. The US International Trade Commission upheld a ruling in August  that Google’s audio products infringe five…
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8 January 2022 0

GameStop jumps after report on NFT trading hub, crypto pact

  A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike Blake Shares of GameStop Corp (GME.N) rose on Friday after  the video game retailer announced plans to expand its non-fungible token (NFT) market and partner with crypto companies. The company’s shares soared last year as they were at the center…
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8 January 2022 0

Chinese police rap Walmart for cybersecurity loopholes – local media

Walmart signs are displayed inside a Walmart store in Mexico City, Mexico March 28, 2019. REUTERS/Edgard Garrido/File Photo Chinese authorities rapped Walmart for allegedly breaking cybersecurity laws, according to local media, the latest issue for retailer U.S which is already the subject of allegations in the country for allegedly halting sales of products from the…
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8 January 2022 0

India’s antitrust body orders Google inquiry after news publishers complain

The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay India’s competition regulator on Friday ordered an investigation into Alphabet Inc’s (GOOGL.O) Google following allegations by news publishers, saying its initial view was that the tech giant had violated certain antitrust laws. In its order,…
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8 January 2022 0

Reddit taps Morgan Stanley, Goldman Sachs for IPO – source

Reddit app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Social media platform Reddit Inc, whose message boards became the center of the stock trading frenzy in 2021, relies on Wall Street banks Morgan Stanley (MS.N) and Goldman Sachs Group (GS. N) for its initial public offering, a…
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8 January 2022 0

Facebook parent’s head of communications leaves company

A 3D printed Facebook’s new rebrand logo Meta is placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Head of communications for Facebook’s parent company, Meta Platforms Inc (FB.O), John Pinette, will be leaving the company, the social media company said  on Friday.  Chris Norton, vice president of international communications,…
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8 January 2022 0

Google launches Ripple, an open standard that could bring tiny radars to Ford cars and more

İmage Credit: Google Google has been publicly building tiny radar chips since 2015. They can tell you how well you sleep, control a smartwatch, count sheets of paper, and have you play the world’s smallest violin. But the company’s Soli radar hasn’t necessarily seen commercial success, primarily in an ill-fated Pixel phone. Now Google has…
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8 January 2022 0