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Politicians need to move fast as Facebook & Co move into finance: BIS

56 mins ago DieselGasoil Comments Off on Politicians need to move fast as Facebook & Co move into finance: BIS
LONDON (Reuters) – Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be squeezed out anytime soon, the Bank for International Settlements (BIS) said on Sunday. FILE PHOTO: Small toy figures stand on representations of virtual currency in front of the Facebook logo Read More

HSBC-backed startup aims to become LinkedIn of global trade

56 mins ago DieselGasoil Comments Off on HSBC-backed startup aims to become LinkedIn of global trade
HONG KONG (Reuters) – In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push. Hong Kong-based Serai, which is a wholly-owned subsidiary of Europe’s biggest Read More

Russia, US & Israel hold security talks as Middle East turns into ‘battlefield’ against Iran

6 hours ago DieselGasoil Comments Off on Russia, US & Israel hold security talks as Middle East turns into ‘battlefield’ against Iran
Blaming Iran for all the problems of the Middle East is just bad policy, Moscow has said as the national security advisers from Russia, Israel and the US meet in Jerusalem to discuss escalating tensions in the region. “Just like us, Iran is legitimately present on Syrian territory to help fight terrorists, invited by the Read More

WarnerMedia names Ann Sarnoff as CEO of Warner Bros

9 hours ago DieselGasoil Comments Off on WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New York March 9, 2011. REUTERS/Lucas Jackson/File Photo (Reuters) – WarnerMedia on Monday said it appointed Ann Sarnoff as the chief executive officer of Warner Bros, the first woman to run one of Hollywood’s most powerful Read More

Bitcoin trades above $11,000, after 10% weekend jump

13 hours ago DieselGasoil Comments Off on Bitcoin trades above $11,000, after 10% weekend jump
LONDON/NEW YORK (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The original cryptocurrency hit $11,247.62 on the Bitstamp exchange late on Sunday, its highest since March last Read More

Facebook’s Clegg rejects break-up calls, prefers more regulation

14 hours ago DieselGasoil Comments Off on Facebook’s Clegg rejects break-up calls, prefers more regulation
BERLIN (Reuters) – Facebook dismissed calls for a break-up of the world’s biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content. FILE PHOTO: Logo of Facebook is seen at the high profile startups and high tech leaders gathering, Read More

Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

18 hours ago DieselGasoil Comments Off on Bitcoin’s back! BTC blows past $11,000, up almost 300% this year
Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world’s most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January. Bitcoin has led the resurgence of the cryptocurrencies market as investors seem to have recovered their appetite since the crypto bubble burst in 2018. Last Read More

Bitcoin pulls back from 15-month highs after 10% weekend jump

21 hours ago DieselGasoil Comments Off on Bitcoin pulls back from 15-month highs after 10% weekend jump
LONDON (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, Read More

Bitcoin pulls back from 18-month highs after 10% weekend jump

22 hours ago DieselGasoil Comments Off on Bitcoin pulls back from 18-month highs after 10% weekend jump
FILE PHOTO: A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson/File Photo LONDON (Reuters) – Bitcoin pulled back from 18-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Read More

‘Jihadi Jack’: I’d love to come home, I won’t blow up Brits

1 day ago DieselGasoil Comments Off on ‘Jihadi Jack’: I’d love to come home, I won’t blow up Brits
A suspected Islamic State militant from the UK, dubbed “Jihadi Jack”, has told Sky News he regrets what he did and feels guilty for what he put his parents through. Speaking from the prison in Syria where he is being held by Kurdish authorities, Jack Letts urged mum Sally Lane, 57, and dad John Letts, Read More