MUFG has been touting a cryptocurrency for over a year now.The digital currency will be used in a mobile payment service.The service could be rolled out by the end of 2020’s first half.A much-publicized plan by Japan’s biggest bank Mitsubishi UFJ Financial Group (MUFG) to launch a cryptocurrency has been scaled back.The financial giant will…
Month: December 2019
Trials for a French wholesale central bank digital currency will kick off next year.France is responding to the threat posed by Facebook’s Libra to monetary policy sovereignty.The EU country is hoping to be the first to issue a wholesale CBDC.Immediately after Facebook announced its plans for a global cryptocurrency, France emerged as one of the…
IDAX’s many problems continue to stroke suspicion.The exchange finally admits “the truth”.Is this all a cover-up for an exit scam?In a story reminiscent of the QuadrigaCX scandal, crypto exchange platform, IDAX Global, has no idea where its CEO is, plus, he holds the exchange’s private keys…Oh boy, it’s been a pretty lousy week for crypto…
On Monday, YouTube announced that it has partnered with the former first lady to produce a special episode called Creators for Change with Michelle Obama: Girls’ Education. The episode, set to air next March on the company’s Learning channel, will document a recent trip Obama took to Vietnam, and will showcase the work her Girls…
Car makers frequently make vague claims that their racing technology leads to improvements in road-going vehicles, but this is one of those precious few moments where the gains are very tangible. Jaguar is delivering an update to its I-Pace EV that promises up to 12 miles of extra range thanks partly to know-how gleaned from…
According to Amazon, Trump “launched repeated public and behind-the-scenes attacks to steer the JEDI Contract away from AWS to harm his perceived political enemy-Jeffrey P. Bezos.””Throughout the final year of the multi-year award process, the President of the United States and Commander in Chief of our military used his power to “screw Amazon” out of…
Microsoft bought Wunderlist creator 6Wunderkinder in 2015 and announced To Do (or To-Do, as it was known then) in April 2017. It launched a redesigned version of To Do in September, which brought the service closer in line with Wunderlist’s feature set while deepening its integration with several Microsoft services, including Outlook, Microsoft Planner and…
Bezos likewise made it clear that Amazon would continue to fight for more military business even after the Pentagon spurned it in favor of Microsoft for the JEDI contract. “We are going to support the Department of Defense, this country is important,” he said.The tech pioneer isn’t uniformly supportive of the government, and Amazon has…
Looking for a quick and easy way to avoid paying out an 8-figure class action sexual harassment claim? Don’t treat your workplace like it’s a stereotypical frat house from an ’80s teen comedy. It’s really not difficult.$25 million dollars. Roughly half of what it would cost to fix Flint Michigan’s water supply. And they’re spending…
Two of the world’s larger car makers were the victims of a sophisticated (but still not very successful) hacking campaign. Bayerricscher Rundfunk has learned that intruders from the hacking group OceanLotus slipped into the networks of BMW and Hyundai in an attempt to find trade secrets. BMW, at least, found the hackers quickly — instead,…