British watchdog tells algorithmic traders to tighten controls Some firms using computers to trade at ultra-fast speeds are not applying safeguards required to avert market meltdowns, Britain’s Financial Conduct Authority (FCA) said on Monday. Algorithmic or high-frequency trading uses computers to automatically place an order in financial markets, without human […]
Technology
Technology
Google hires former Samsung executive to coordinate Internet of Things projects Alphabet Inc’s Google this month hired Injong Rhee, who recently resigned as Samsung Electronics Co’s chief technology officer, to lead its Internet of Things business, he said in a LinkedIn post Monday. Google spokeswoman Jane Hynes confirmed to Reuters […]
Cryptocurrency traders to launch lawsuit against Coincheck on Thursday – lawyer A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month’s theft of $530 million (£382 million) in digital money from the Tokyo-based exchange, a lawyer representing the claimants said. The ten traders […]
What to expect from Samsung’s next Galaxy flagships It’s that time of year again. Samsung is getting ready to unpack some shiny new high end smartphones at the world’s biggest mobile confab. And Android fans are getting ready to cheer. The TechCrunch team will be on the ground at MWC […]
Nvidia says it is working hard to increase GPU supply, remains focused on gamers The graphics card shortage caused by demand from cryptominers is showing no signs of abating, but Nvidia says it is doing “everything we can” to increase supply. CEO Jensen Huang reiterated that it is retailers who […]
Facebook Losing Friends to Snapchat in the U.K. Facebook Inc. is losing its swagger with young users, who are increasingly migrating to rival platforms including Snap Inc.’s Snapchat, according to a new study. Seventy-one percent of U.K. social network users between 12 years and 17 years old will be using […]
Foxconn to use proceeds from unit’s Shanghai IPO to fund $4 billion projects Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said it plans to use proceeds from a Shanghai listing of one if its subsidiaries to fund eight projects totaling 27.3 billion yuan ($4 billion). In January, Foxconn, formally […]
Microsoft Wants To Put An End To Passwords Once And For All Microsoft plans to make passwords obsolete starting off with the Windows 10 S, the next beta release version of which will not require the aging security tool anymore. When the Windows 10 S becomes official, there will be […]
Facebook launches $10 million community leader awards Facebook (FB.O) launched a community leadership program on Friday that will award $10 million in total to more than 100 people who have successfully built groups on the social network as part of its push to create “meaningful” interactions. The initiative, announced at […]
English Premier League rights bonanza kicks off with focus on Amazon England’s multi-billion pound Premier League rights auction kicked off on Friday with soccer fans waiting to see if a digital giant such as Amazon would enter the fray against pay-TV players Sky and BT. Officials running one of the […]
