Skip to main content

Technology

Technology · May 10, 2021 · 7:44 PM UTCCryptocurrency ethereum hits new record high again; dogecoin slumps

Cryptocurrency ethereum climbed to a new peak for a third straight day on Monday on continued optimism about further growth in decentralized finance or "DeFi", although some analysts said it was overvalued at current levels.

EnergyPipeline hackers say their aim is cash, not chaos
Autos & TransportationAutomated steering 'not available' on Texas road where Tesla crashed -NTSB
Legal U.S. state attorneys general ask Congress for funding for antitrust work
Sustainable BusinessAmazon raises $1 billion sustainable bond for climate, social causes
Autos & TransportationFormula One great to develop electric vans, SUVs for carmakers, startups
TechnologyU.S. state AGs urge Facebook to cancel plans for Instagram for younger kids
Aerospace & DefenseVirgin Galactic 'evaluating' timeline for next flight test, shares drop
TechnologyFactbox: Five facts about ransomware attacks

A ransomware attack on top U.S. fuel pipeline operator Colonial Pipeline has brought attention to the growing area of cybercrime.

TechnologyNio Lidar supplier Innovusion raises $64 mln in funding
TechnologyRoblox reveals bookings surge in first post-debut report
TechnologyU.S. Commerce chief planning meeting on chip shortage -sources
United KingdomUK's THG to raise $1 bln; SoftBank unit to fund large portion

THG Plc (THG.L) is raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group (9984.T), and the remainder from other investors, the UK-based consumer brands company said on Monday.

TechnologyJack Ma makes rare visit to Alibaba headquarters in Hangzhou
TechnologyU.S. Pentagon mulls ending JEDI cloud project amid Amazon court battle - WSJ
Autos & TransportationHarley-Davidson launches all-electric motorcycle brand 'LiveWire'
EnergyRansom group linked to Colonial Pipeline hack is new but experienced
TechnologyUBS exploring ways to offer crypto investments to clients -Bloomberg

Swiss bank UBS (UBSG.S) is exploring ways to offer wealthy customers digital currency investments, Bloomberg reported on Monday, citing people familiar with the matter.

TechnologyFireEye shares jump after pipeline cyberattack
BusinessWorkhorse shares skid as electric truck maker cuts production target

Shares of Workhorse Group Inc (WKHS.O) slumped 9% on Monday, after the electric truck maker reported quarterly revenue that was about a fifth of what Wall Street expected, prompting the company to slash its annual production target by nearly half.