Alibaba and JD.com reported YoY sales increases for Singles Day, but neither company provided overall revenue figures for the event for the second straight year
Sources: the UK government will conduct a war-game exercise to prepare for a chip shortage if China invades Taiwan, which would cause dire economic consequences
and the worst-case scenario is catastrophic https://www.bloomberg.com/... Philip Aldrick / @philaldrick : The government is wargaming the impact of a semiconductor supply crisis.Ex...
Nigeria's central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption
Bloomberg :
Report: crypto mining could consume nearly 25% of the electricity supply in Argentina's Tierra del Fuego province until October, risking an energy grid collapse
Bloomberg : Tweets: @pat_gillespie and @economics Tweets: Patrick Gillespie / @pat_gillespie : Crypto miners in Argentina's Patagonia region are using up nearly a quarter of one p...
At least seven crypto firms have suspended rupee deposits; CoinGecko: daily trading volumes on Indian crypto exchanges have fallen 88%-96% since peaking in 2021
At least seven crypto firms have suspended rupee deposits; CoinGecko: daily trading volumes on Indian crypto exchanges have fallen 88%-96% since peaking in 2021
When Surojit Chatterjee walked on stage at a Coinbase Global Inc. conference in Bengaluru, India, on April 7 …
At least seven crypto firms have suspended rupee deposits; CoinGecko: daily trading volumes on Indian crypto exchanges have fallen 88%-96% since peaking in 2021
When Surojit Chatterjee walked on stage at a Coinbase Global Inc. conference in Bengaluru, India, on April 7 …
US says it is working with Taiwan to secure chip supply chains; Biden has asked manufacturers to hand over company data, which has faced resistance from firms
Debby Wu / Bloomberg :
Biden's administration signals it is open to a deal on taxing US tech companies globally, after EU-Trump clashes, as OECD plans an agreement by summer
UK grocery giant Tesco says it will create 16,000 permanent jobs in its e-commerce division, on top of the 4,000 already created during the pandemic
Tesco Plc plans to create permanent roles for 16,000 new workers in its online business, underlining a pandemic-fueled shift …
Airbnb had more US bookings from May 17 to June 3 than during the same period in 2019, as vacation-rental sites see domestic reservations increase globally
- Weekend getaways are turning into work-from-home respites — Airbnb hasn't ruled out an IPO this year, CEO Chesky says