Technology (TRBC)
World’s central banks to tackle technology with BIS innovation hub
ZURICH (Reuters) – Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements. The BIS said the intention of the hub, which will be based in Basel, Hong Kong and Singapore, …
Target says registers back online, blames outage on technology issue
(Reuters) – Target Corp on Saturday said its payment registers were back online after a systems outage stopped customers in the United States from paying for in-store purchases. The outage was caused by an “internal technology issue” that lasted for about two hours and was not a data breach or security-related issue, Target said in …
BRIEF-Enea Signs Deal With US-Based Cloud Technology Company
June 14 (Reuters) – Enea AB: * SAID ON THURSDAY SIGNED AGREEMENT WITH TOTAL VALUE USD 2.8 MLN OVER TWO YEARS * AGREEMENT COVERING DEEP PACKET INSPECTION (DPI) TECHNOLOGY FOR A US-BASED MARKET LEADER IN CLOUD TECHNOLOGY * DEAL INCLUDES BOTH SOFTWARE LICENSES AND ASSOCIATED SUPPORT AND MAINTENANCE * REVENUES RECOGNIZED OVER 2019 AND 2020, …
Risky partner: Top U.S. universities took funds from Chinese firm tied to Xinjiang security
SHANGHAI (Reuters) – The Massachusetts Institute of Technology and at least one other university have research partnerships with a Chinese artificial intelligence company that has business ties with police in China’s Xinjiang region, where a sweeping crackdown on Uighurs has drawn international condemnation. FILE PHOTO: The sign at Building 76 at the Massachusetts Institute of …
China to curb some technology exports to U.S.: Global Times editor
FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China’s Ministry of Transport in Beijing, China April 27, 2018. REUTERS/Jason Lee/File Photo SHANGHAI (Reuters) – China is preparing to curb some technology exports to the United States, the chief editor of …
