US consumer watchdog to review Big Tech data, promote lending competition

Just a few weeks into the job, Rohit Chopra made his mark when the CFPB ordered Amazon.com Inc, Apple Inc and Facebook Inc to hand over information about how they gather and use consumer payment data.

from Tech-Economic Times https://ift.tt/3nunXA8

Petcare startup Wiggles raises $5.5 million from Anthill Ventures, others

Wiggles will use the funding from Anthill Ventures and others for R&D of new category-creating products and expansion. Its peers Heads Up For Tails and Supertails recently raised funds, indicating investor interest in the petcare segment.

from Tech-Economic Times https://ift.tt/2ZnDfyp

El Salvador adds nearly $25 million in bitcoin to state coffers, says president

The latest purchase of bitcoin, worth nearly $25 million at current prices, marks the first government acquisition of the cryptocurrency since September 20, when President Nayib Bukele said it had bought 150 bitcoins.

from Tech-Economic Times https://ift.tt/3jEQWAn

Samsung warns supply chain upsets may hit chip demand, profit at three-year high

The warning comes as producers of goods from televisions to cars have faced a host of supply chain issues ranging from a shortage of logic chip parts, manpower shortages, logistics snarls, and delays at parts plants due to power cuts in China.

from Tech-Economic Times https://ift.tt/3CmppuI

Microsoft nearly overtakes Apple as most valuable company

Fueled by strong quarterly growth in its Azure cloud-computing business, Microsoft's shares jumped 4.2% to end at a record $323.17, elevating the software maker's market capitalization to $2.426 trillion, just short of Apple's $2.461 trillion valuation.

from Tech-Economic Times https://ift.tt/3CpaIXM

Instagram Link Stickers Are Now Rolling Out to All Users: How to Use

Instagram Link Stickers, which let users include hyperlinks in Stories in the form of stickers, will now be available to use for everyone on the popular photo-sharing platform.

from Gadgets 360 https://ift.tt/2ZzD6IF

Microsoft Rides Cloud Computing Boost to Nearly Overtake Apple as Most Valuable Company

A surge in Microsoft's shares nearly unseated Apple as the world's most valuable company, a day before the iPhone maker reports its quarterly results.

from Gadgets 360 https://ift.tt/3GuwVWY