Page 5 - Information Technologies Computer Sciences News Today

By Reuters Staff (Adds quote, background) OSLO, March 8 (Reuters) - Norway’s Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said on Monday. Seetee AS would initially have a capital of 500 million Norwegian crowns ($58.6 million) and planned to keep its liquid assets in bitcoin, Aker said. Seetee would collaborate with Canada’s Blockstream, focusing initially on bitcoin mining while also seeking to fuse blockcha...

The European Union wants to produce a fifth of the global output of cutting-edge semiconductors at the end of this decade and make its first quantum computer in five years, as part of efforts to cut its dependence on non-European technologies.

2 Min Read (Reuters) - Private equity firms Clearlake Capital Group and TA Associates have acquired control of U.S. software company Precisely from another private equity firm in a $3.5 billion deal, a source familiar with the matter told Reuters. The seller, Centerbridge Partners, will remain a minority investor, the source said late on Tuesday. It was not immediately known how much Clearlake and TA Associates will each own in Precisely, nor how the deal will be funded. The Wall Street Journal...

3 Min Read ROME (Reuters) - The Italian data privacy watchdog ordered video app TikTok on Friday to block the accounts of any users in Italy whose age it could not verify following the death of a 10-year-old girl who had been using the Chinese-owned app. FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration In a statement, the regulator said that although TikTok had committed to ban registration for children aged under...

Baidu has appointed a chief executive officer and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding Group, the Chinese search engine giant said on Thursday.

The popular video app TikTok said on Wednesday it had agreed with Italian authorities to block all users who gave their age as under 13, among other measures, after the death of a 10-year-old girl was blamed on a breath-holding social media challenge.

Canada's main securities regulator has cleared the launch of the world's first bitcoin exchange traded fund, an investment manager said on Friday, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest.

Russia's central bank is finding it hard to identify and take action against illegal foreign exchange dealers, who often don't use publicly accessible websites and accept payment in cryptocurrency.

(Adds Lane comments from Q&A) OTTAWA, Feb 10 (Reuters) - The COVID-19 pandemic has added urgency to the Bank of Canada’s development of a digital currency and a decision could come sooner than previously thought, a senior policymaker said on Wednesday, though he noted that a launch was not a “foregone conclusion.” Bank of Canada deputy governor Tim Lane, speaking to a digital intelligence audience, also noted that while the pandemic has boosted cryptocurrencies like Bitcoin, recent prices...

The COVID-19 pandemic has added urgency to the Bank of Canada's development of a digital currency and a decision could come sooner than previously thought, a senior policymaker said on Wednesday, though he noted that a launch was not a "foregone conclusion."