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Latest news updates: Stacey Abrams launches campaign for Georgia governor after narrow 2018 loss
The level of Covid-19 hospitalisations in the US rose during November, ending a two-month run of declines following the country’s summer wave.The increase in hospitalisations has been accompanied by a rise in daily new coronavirus…
Sobering analysis of cyber weapons arms race wins FT/McKinsey book prize
Nicole Perlroth’s sobering investigation into the cyber weapons arms race, This Is How They Tell Me the World Ends, has been named Financial Times and McKinsey Business Book of the Year for 2021.The judges lauded Perlroth’s unprecedented…
Is The iBuying Model Doomed To Fail In The US Housing Market?
Zillow Group Inc (NASDAQ:Z) shares have been crushed since the company announced a pause and subsequent shutdown of its U.S. home iBuying program.
At first glance, Zillow exiting the iBuying market might look like a win for completing…
U.S. held talks with retailers for economic opportunities in Central America
The talks were specifically focused on El Salvador, Guatemala, and Honduras, under the Dominican Republic-Central America-United States Free Trade Agreement and the discussion was co-chaired by Deputy U.S. Trade Representatives Sarah…
Exclusive-Trump's social media venture seeks $1 billion raise -sources
(Reuters) -Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check…
Instagram head to testify before U.S. Senate panel on 'protecting kids online'
WASHINGTON (Reuters) - Instagram head Adam Mosseri will testify on Dec. 8 at a U.S. Senate subcommittee hearing on "protecting kids online," the panel said on Wednesday."This hearing will address what Instagram knows about its impacts on…
Turkey’s finance minister resigns amid plunge in lira
Turkey’s finance minister has resigned and been replaced by a loyalist to President Recep Tayyip Erdogan amid a sharp plunge in the lira.Lutfi Elvan, who was seen as the last remaining voice of economic orthodoxy in the Turkish leader’s…
Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto
Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find…
Facebook, now Meta, says China created a fake Swiss scientist to spread conspiracies that the US was…
Facebook CEO Mark Zuckerberg testifies before the US SenateAlex Wong/Getty Images
Weatherford Awarded Digital Oilfield Project in Kuwait
HOUSTON, Dec. 1, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it was awarded a three-year digital oilfield contract from one of the digital leaders in the upstream…
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