Cryptoverse: Bitcoin hits the heat in July’s jump

A display of virtual currency bitcoin and a one-dollar bill are seen in front of a stock chart in this photo taken Jan. 8, 2021. REUTERS/Dado Ruvic Sign up now for FREE unlimited access to Reuters.com Sign up Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more

The US is considering action against memory chip manufacturers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of U.S. chip-making equipment to memory chip makers in China, including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, as part of a bid to stop China’s semiconductor sector is advancing and protecting American companies. If President … Read more

Stephen King plans to fight for the US government in a case against a mega publishing merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block the $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial expected to testimony from horror writer Stephen King. “This is real money for real people,” said … Read more

Shenzhen accelerates China’s driverless car dreams

SHENZHEN, China, Aug 1 (Reuters) – On a busy downtown street, three delivery bikes suddenly dart across the crosswalk in front of the car. On the car dashboard, they look like little 3D blue blocks from a 1990s video game. The steering wheel turns into a notch and the vehicle slows to a gentle stop … Read more

China’s Alibaba seeks to retain New York listing amid audit dispute

The Alibaba Group logo is seen at the New York Stock Exchange in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Sign up Aug 1 (Reuters) – Alibaba Group Holding Ltd ( 9988.HK ) said on Monday it would work to maintain its New … Read more