Collaborate Disseminate
An anonymous reader quotes a report from CNBC: Thirty people in the U.K. could soon receive $1,983 each month if the trial (PDF) by independent think tank Autonomy secures funding. The basic income payments are estimated to cost 1.15 million pounds thr… Continue reading UBI of Nearly $2,000 a Month To Be Trialed In England
The Associated Press reports:
Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term because the funds might not be safe during a crisis, the [U.S.] Consumer Financial Protection Bureau warned Thursday….. Continue reading US Financial Watchdog: Money Stored in Venmo/PayPal/CashApp Isn’t Federally Insured
In 2020 Nigeria had the third-most cryptocurrency transactions in the world (behind the U.S. and Russia). But “Nigeria’s history with crypto has been a bittersweet one where the citizens have embraced digital assets with open arms but the government re… Continue reading Nigeria’s Central Bank Explains Its 2021 Ban on Cryptocurrency Transactions at Banks
Despite rising labor costs, economic inflation, and companies making an effort to cut back, the salary outlook for IT professionals is positive, according to InformationWeek. Work-life balance and base pay top the list as what matters most to IT profes… Continue reading Despite cutbacks, IT salaries expected to rise
Ransomware has become an ever-present threat to individuals, businesses, and even entire nations. In this Help Net Security round-up, we present parts of previously recorded videos from experts in the field that shed light on the pressing ransomware is… Continue reading Fighting ransomware: Perspectives from cybersecurity professionals
India’s government gave nearly early household a bank account offering app-based digital money transfers, reports the Economist. But that’s just the beginning:
Take a walk on Mumbai’s Juhu beach and little has changed in five years — except for … Continue reading The Country With the Most DIgital Payments: India
SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese investment giant, the most prolific global investor in tech startups, continues to suffer from valuation corrections across its portfolio of private and public tec… Continue reading SoftBank Vision Fund Yearly Loss Widens To $32 Billion on Startups Valuation Cut
Robinhood announced Wednesday that it will soon allow users to engage in 24-hour trading of select exchange-traded funds and stocks. As Fortune notes, this “will make it the first U.S. brokerage to provide overnight weekday trading in individual stocks… Continue reading Robinhood Launching 24-Hour Weekday Stock Trading
A study commissioned by Meta has found that the metaverse could contribute around 2.4% to U.S. annual GDP by 2035, equating to as much as $760 billion. Reuters reports: The concept of the metaverse includes augmented and virtual reality technologies th… Continue reading Metaverse Could Contribute Up To 2.4% of US GDP By 2035, Study Shows
The U.S. Securities and Exchange Commission (SEC) has given its largest ever award of almost $279 million to a whistleblower whose information was crucial in an enforcement action by the regulator. The SEC did not reveal the case involved, but the awar… Continue reading SEC Issues Largest Ever Whistleblower Award of $279 Million