Share to FacebookShare to LinkedinTopline Shares of Novavax plunged Wednesday morning after a report highlighted manufacturing problems that imperil the company’s ability to produce billions of Covid-19 vaccine doses earmarked for lower-income countries, making it the latest vaccine-maker posting staggering losses in the stock market after massive gains during the pandemic. Novavax said it remains…
GoTo Raises $400 Million From Abu Dhabi Fund-Led Investors As Indonesian Tech Giant Prepares For IPO
Share to FacebookShare to TwitterShare to Linkedin A Gojek driver, right, picks up a PT Tokopedia order at a Titipaja fulfillment center in Jakarta, … [+] Indonesia, on May 24, 2021. Dimas Ardian/Bloomberg GoTo—formed from the merger of Indonesian ride-hailing and payments giant Gojek and e-commerce firm Tokopedia in May—said Wednesday it had raised $400…
Share to FacebookShare to TwitterShare to LinkedinTopline Facebook plans to hire 10,000 people in the European Union over the next five years to help build its so-called metaverse, the company announced on Monday, as the company is keen to shift focus to its next big technological bet while it faces major questions about its handling…
Share to FacebookShare to TwitterShare to Linkedin The Lomi, which turns waste to compost with a single button has raised over $7 million on … [+] crowdfunding platform Indiegogo Indiegogo To reach the Paris Agreement goal of limiting global warming to 1.5 degrees Celsius compared to pre-industrial levels will require hard work and innovation across many…
Share to FacebookShare to TwitterShare to Linkedin New World Amazon Since New World launched a few weeks ago, Amazon said that its top priority was going to be rolling out a server transfer feature that would allow players to hop into other worlds rather than being locked into the first one they chose. Well, it’s…
Former Boston Fed President Predicts Bitcoin, Stablecoins And ‘Digital Dollar’ Will Coexist – Forbes
Share to FacebookShare to TwitterShare to LinkedinFormer President of the Federal Reserve Bank of Boston Eric Rosengren provided some key insights as to what a central bank digital currency (CBDC) might look like, based on research done between the Boston Fed and MIT. A much anticipated paper from the Federal Reserve is expected to be…
Share to FacebookShare to TwitterShare to Linkedin Motorists line up for gas on the first day of gas rationing imposed on nine California counties … [+] following the 1979 revolution in Iran that caused a shortage of crude oil. Bettmann Archive In the past couple of years, arguments and predictions have abounded to the effect…
Antonio Juliano, the 28-year-old founder and CEO of crypto derivatives exchange Dydx, says his company will likely hit $80 million in net profit this year. Antonio Juliano As bitcoin hovers near its all-time high, a growing number of cryptocurrency companies are proving they can take a tiny set of resources and turn them into highly…
Share to FacebookShare to TwitterShare to Linkedin Bitcoin surpassed $60,000, attaining a multimonth high. (Photo by Chesnot/Getty Images) Getty Images Bitcoin prices surpassed $60,000 today, breaking through that key, psychological level after briefly encountering resistance. The world’s most prominent digital currency climbed above $60,000 close to 10 a.m. EDT, CoinDesk data shows. The cryptocurrency rose…
Cybercriminals cloned the voice of a company director in the U.A.E. to steal as much as $35 million in a huge and complex heist. getty AI voice cloning is used in a huge heist in the U.A.E., according to Dubai investigators, amidst warnings about cybercriminal use of the new technology. In early 2020, a bank…
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