Two Pinterest directors have resigned from Nextdoor’s board of directors in response to U.S. Justice Department efforts to stop directors from holding similar board positions at rival companies, the department said on Wednesday.
Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.
Russia’s lunar spacecraft entered the moon’s orbit on Wednesday, a major step towards the country’s ambition of being the first to land on the moon’s south pole in the search for frozen water.
Visa is under investigation by the Department of Justice over allegedly charging retailers more for not using the payment firm’s proprietary “tokenization” technolgy, Bloomberg News reported, citing people familiar with the matter.
Taiwan-based Silicon Motion on Wednesday blamed MaxLinear for breaching their merger agreement and said it would seek damages in excess of the termination fee from the U.S. company.
Safaricom’s M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa’s biggest economies.
Intel Corp scrapped its $5.4 billion deal to buy Israeli contract chipmaker Tower Semiconductor Ltd after their merger agreement expired without regulatory approval from China.
A scientist at Harvard used Google’s cloud platform to clone a supercomputer for a heart disease study, in a novel move that other researchers could follow to get around a shortage of powerful computing resources and speed up their work.
South Korea’s Samsung Electronics has reduced its stake in semiconductor manufacturing equipment maker ASML by more than a half, its recent filings showed.
Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC).
