Australian banks enter tech arms race as rising rates squeeze profit

Australian banks enter tech arms race as rising rates squeeze profit

SYDNEY, May 18 (Reuters) – The 10 -minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic -fueled property boom, eating into mortgage income and renewing focus on cost-cutting tech. The Big Four lenders booked blockbuster profit … Read more

China Vice Premier Liu soothes tech firms, supports overseas listings

China Vice Premier Liu soothes tech firms, supports overseas listings

China’s Vice Premier Liu He exits the office of the US Trade Representative following a morning round of negotiations on the second day of last ditch trade talks in Washington, US, May 10, 2019. REUTERS/Leah Millis/Files Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 17 (Reuters) – Chinese Vice -Premier Liu He … Read more

Asia markets rise on hopes of easing China tech crackdown

Asia markets rise on hopes of easing China tech crackdown

Blank prices are displayed in the stock quotation boards at the Tokyo Stock Exchange (TSE) after the TSE temporarily suspended all trading due to system problems in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato/Files Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 17 (Reuters) – Asian shares advanced on Tuesday, led … Read more

Colombia’s TuHabi, latest property tech ‘unicorn,’ touts $ 200 mln funding

Colombia’s TuHabi, latest property tech ‘unicorn,’ touts $ 200 mln funding

TuHabi co-founders Brynne McNulty Rojas and Sebastian Noguera pose for this handout photo in Mexico City, Mexico in early 2022. TuHabi/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, May 13 (Reuters) – Colombia’s TuHabi became the country’s first property technology “unicorn,” or company with a $ 1 billion valuation, … Read more

Analysis: S.Korea’s high-speed 5G mobile revolution gives way to evolution

Analysis: S.Korea’s high-speed 5G mobile revolution gives way to evolution

Engineers set up a 5G base station in Seoul, South Korea, May 31, 2019, in this handout picture provided by SK Telecom. Picture taken May 31, 2019. SK Telecom / Handout via REUTERS / Files Register now for FREE unlimited access to Reuters.com Register SEOUL, May 13 (Reuters) – South Korea was the first country … Read more

Column: ‘Mom & pop’ investors left high and dry in tech, crypto meltdown: McGeever

Column: ‘Mom & pop’ investors left high and dry in tech, crypto meltdown: McGeever

ORLANDO, Fla., May 12 (Reuters) – It’s almost a cliche that retail investors are always late to an investment boom – but the outsize exposure of household savers to frothier elements of frenzied markets since lockdown means they are feeling the hit from this bust more than most. A string of surveys and investment flow … Read more

Google’s second try at computer glasses translate conversations in real time

Google’s second try at computer glasses translate conversations in real time

May 11 (Reuters)-The science-fiction is harder to see in Google’s second try at glasses with a built-in computer. A decade after the debut of Google Glass, a nubby, sci-fi-looking pair of specs that filmed what wearers saw but raised concerns about privacy and received low marks for design, the Alphabet Inc (GOOGL.O) unit on Wednesday … Read more

Big Tech data harvesting comes under fire by world central bank group

Big Tech data harvesting comes under fire by world central bank group

LONDON, May 5 (Reuters) – A paper published by the world’s main central bank umbrella group, the BIS, has called for individuals and firms to be given more control over the data collected on them by social media and other Big Tech firms and banks . The boom in internet-enabled mobile phones, apps and other … Read more

Supply chains snarl Taiwan tech firms as some strive to meet demand

Supply chains snarl Taiwan tech firms as some strive to meet demand

TAIPEI, May 3 (Reuters) – Taiwanese tech suppliers are suffering from supply constraints, even for such things as packing materials, as some struggle to take advantage of soaring demand. Taiwan is a key supplier to the global electronics ecosystem, with parts used in everything from refrigerators and smartphones to cars and missiles. Comments from a … Read more

Apple hit with EU antitrust charge over mobile payments technology

Apple hit with EU antitrust charge over mobile payments technology

BRUSSELS, May 2 (Reuters) – Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals’ access to its technology used for mobile wallets. This marks the second EU charge against Apple after EU regulators last year accused … Read more