By Stephen Nellis (Reuters) - Oracle Corp on Tuesday launched a cloud computing service powered by data center chips from Ampere Computing based on technology from Arm Ltd, the second major cloud company to offer an Arm-based service after Amazon.com's Amazon Web Services. Cloud providers are some of the biggest buyers of chips because they rent out the computing power … [Read more...] about Oracle launches Arm-based cloud computing service using Ampere chips
Fed, OCC, FDIC in ‘sprint’ on regulation for crypto, Quarles says
(Reuters) - Federal Reserve Vice Chair of Supervision Randal Quarles said on Tuesday that U.S. financial regulatory agencies are working together on addressing issues related to cryptocurrency. "We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on exactly that" including discussions of a common … [Read more...] about Fed, OCC, FDIC in ‘sprint’ on regulation for crypto, Quarles says
U.S. to boost pipeline cyber protections in wake of Colonial hack
WASHINGTON (Reuters) -The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack and will announce actions in coming days, the Department of Homeland Security (DHS) said on Tuesday. The Transportation Security Administration, a unit of the DHS, "is coordinating with companies in the pipeline … [Read more...] about U.S. to boost pipeline cyber protections in wake of Colonial hack
Russia fines Google, Facebook for failing to delete banned content
MOSCOW (Reuters) -A Russian court said on Tuesday it has fined U.S. technology giants Google and Facebook Inc over a failure to delete content that Moscow deems illegal, the latest development in an escalating standoff between Russia and Big Tech. Russia has already placed a punitive slowdown on U.S. social network Twitter for not deleting banned content, part of a push by … [Read more...] about Russia fines Google, Facebook for failing to delete banned content
Thai startup Pomelo pivots to fashion tech platform amid pandemic
By Chayut Setboonsarng BANGKOK (Reuters) - JD.com-backed fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its chief executive said on Tuesday, amid slowing offline sales. The women's fashion firm, which started as an online business in 2013, plans to launch its … [Read more...] about Thai startup Pomelo pivots to fashion tech platform amid pandemic