The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatory
The Information Commissioners’ Office (ICO) is to talk to Meta about how its virtual reality (VR) business Oculus complies with the regulator’s “children’s code”. The code aims to ensure that online services likely to be accessed by children are appropriate for their use. A campaign group recently found evidence of
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App Annie. In 2020, UK regulator Ofcom found similar amounts of time spent, although its research included watching TV. App Annie’s report indicates that apps were downloaded 230 billion times in 2021, while
Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in
Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile standards. Digital assets started the year with a stampede of cash from investors large and small. And bitcoin and
As the first ever carbon neutral livestream for gamers, RazerCon 2021 was an incredibly successful event, celebrating the gaming community and engaging with more than 1.5 million viewers around the world. RazerCon 2021 was a huge success, achieving its goal of creating long lasting memories with the global gaming community.
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to capture
A woman stands in front of the logo of Snap Inc on the floor of the New York Stock Exchange (NYSE) in New York City, NY, U.S. March 2, 2017. REUTERS/Lucas Jackson/File Photo Oct 22 (Reuters) – Shares of Snap Inc (SNAP.N) plunged on Friday, dragging down other ad-dependent tech firms, after
A vial labelled with the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine is seen in this illustration picture taken March 19, 2021. REUTERS/Dado Ruvic/Illustration NEW YORK, Oct 21 (Reuters) – The Pfizer (PFE.N)/BioNTech COVID-19 vaccine showed 90.7% efficacy against the coronavirus in a clinical trial of children 5 to 11 years old, the U.S.