As part of a recent television advertising blitz in Brazil, south-east Asian ecommerce app Shopee replaced the words to the infectiously catchy “Baby Shark” tune with its own name. The company, owned by Singapore-headquartered Sea, is hoping that the cringeworthy earworm will keep the platform top of mind for customers as it seeks to expand…
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Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions, and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and to bar him for serving as a corporate…
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Cyber Security updates Sign up to myFT Daily Digest to be the first to know about Cyber Security news. Several Big Tech companies made multibillion-dollar commitments that they said would shore up lacklustre cyber security defences in the US following a White House summit on Wednesday. Joe Biden hosted more than 20 chief executives from…
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Connecting to all the services and microservices that a modern cloud native enterprise application requires can be a complicated task. It’s an area that startup Solo.io is trying to disrupt with the new release of its Gloo Mesh Enterprise platform. Based in Cambridge, Massachusetts, Solo has had focus since its founding on a concept known as…
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South Korea has become the first major Asian economy to raise interest rates since the start of the pandemic as record household debt and rocketing property prices outweighed fears over Seoul’s struggles to contain transmission of the Delta variant. In a closely watched decision in Seoul on Thursday the Bank of Korea raised its benchmark…
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South Korea has become the first major Asian economy to raise interest rates since the start of the pandemic as record household debt and rocketing property prices outweighed fears over Seoul’s struggles to contain transmission of the Delta variant. In a closely watched decision in Seoul on Thursday the Bank of Korea raised its benchmark…
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South Korea has become the first major Asian economy to raise interest rates since the start of the pandemic as record household debt and rocketing property prices outweighed fears over Seoul’s struggles to contain transmission of the Delta variant. In a closely watched decision in Seoul on Thursday the Bank of Korea raised its benchmark…
Read more
South Korea has become the first major Asian economy to raise interest rates since the start of the pandemic as record household debt and rocketing property prices outweighed fears over Seoul’s struggles to contain transmission of the Delta variant. In a closely watched decision in Seoul on Thursday the Bank of Korea raised its benchmark…
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American Airlines has warned of slowing revenues in August as the rise in coronavirus cases caused by the Delta variant has led to an increase in cancellations. “August revenue is trending below our previous internal forecast,” Vasu Raja, American’s chief revenue officer, said, attributing the softness to “the recent uptick in Covid cases and related…
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CMS will not immediately remove nursing homes from Medicaid and Medicare if they do not adhere to the employee staff vaccination requirement announced last week, administrators said during a call with industry stakeholders on Wednesday. Instead, CMS will take a stepwise approach to enforcing the mandate. Nursing homes will first be notified they are not…
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