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projectbondi2-082119.jpg The World Bank said it raised an additional A$50 million or about $34 million by issuing the second tranche of its Australian dollar-denominated blockchain bond called Kangaroo bond or bond-I, due August 2020. The bond-I tap issue is managed by by Commonwealth Bank of Australia (CBA), RBC Capital Markets (RBC) and TD Securities (TD).

youtube-aug21.jpg YouTube is finalizing plans under which it will no longer serve "targeted" advertisements on its main site for videos meant for kids, Bloomberg reported, citing people familiar with the discussion. While the plan is reportedly intended to satisfy U.S. regulators, it could negatively impact the Google-owned video giant's ad sales as kids' content on YouTube is immensely popular.

gamestop-aug21.jpg Video game retailer GameStop Corp. laid off more than 120 employees, or nearly 14 percent of the total workforce at its corporate headquarters and at some other offices, according to reports. The layoffs also include senior editorial staff at Game Informer, the company's print and digital publication. Some of the senior staff at Game Informer took to Twitter to announce about their layoffs.

uber-aug21.jpg Uber Technologies Inc. will establish a new U.S. general and administrative hub in Dallas, which will create 3,000 new jobs and more than $75 million in capital investment, Texas Governor Gregg Abbott said. Uber will get a grant of $24 million from the Texas Enterprise Fund or TEF, a business incentive fund that is used for attracting new business to the state and to ensure their growth.

apple-aug19.jpg U.S. President Donald Trump said he discussed with Apple Inc.'s CEO Tim Cook about the impact of the U.S. tariffs on goods imported from China as well as the competition for Apple from South Korea's Samsung Electronics Co. Cook reportedly warned Trump that the tariffs on Chinese imports would hurt Apple's business as the tech giant relies heavily on manufacturing in China.

lenovo-aug15.jpg China's Lenovo Group Ltd. warned it may have to raise prices of its products if the U.S. moves ahead with the decision to impose additional tariffs on Chinese goods, according to a report by Reuters. The warning by Lenovo, the world's largest PC maker, comes amid the escalating trade war between the U.S. and China that has raised concerns about the global economic outlook.

microsoft-aug15.jpg Microsoft Corp. has updated its privacy policy indicating that human employees or contractors may listen to audio recordings of people using its Skype calling service and Cortana virtual assistant. According to the company, it uses the personal data collected to improve its products as well as to personalize these products and make recommendations.

uk-dwp-payment-081319.jpg The United Kingdom's Department for Work and Pensions (DWP) is looking at Blockchain and Distributed Ledger Technologies (DLT) to transform its payment services that is expected to benefit its 20 million claimants and customers. The new system is expected to reduce time, cost and failure rate associated with making transactions whilst data is stored on a secure immutable ledger.

newjersey-aug12.jpg The northeastern state of New Jersey has enacted the Blockchain Initiative Task Force law after Governor Phil Murphy signed Bill S2297 last week. The bill, drafted in March 2018, passed the New Jersey Senate with just one vote against it, while the Assembly passed it unanimously. A 14-member task force will study potential use-cases for blockchain technology, including how the Legislature can m

blockchain-081219.jpg Global blockchain solutions spending is expected to reach nearly $15.9 billion in 2023, according to a report by the International Data Corp. or IDC. The banking sector and the United States will lead the sector wise and region wise spending, respectively, the study shows.

instagram-aug08.jpg Instagram, the Facebook-owned photo and video-sharing social networking app, reportedly removed marketing startup Hyp3r from its platform alleging improper collection and storing of data on millions of users. Business Insider reported that Hyp3r, Instagram's advertising partner, secretly collected huge quantities of data related to Instagram users and also tracked their physical locations.

facebook-aug06.jpg Fake review groups are still very active on Facebook more than a month after a UK regulator urged the social media giant to act against these groups, an investigation by consumer group Which? found. In June, the UK Competition and Markets Authority or CMA wrote to Facebook and eBay, asking them to take steps to remove content related to fake product reviews and also prevent them.

boringco-china-080519.jpg Elon Musk has revealed that his tunneling startup, the Boring Company, will launch in China later in August. One of Musk's followers on Twitter said that Tesla's Chief Executive Officer will attend the World Artificial Intelligence Conference or WAIC 2019 in Shanghai, China from August 29 to 31. Replying to the tweet, Musk said, "Will also be launching the Boring Company China on this trip."

amazondashbuttons-aug2.jpg Amazon.com Inc. is officially disabling its Dash buttons and will stop taking orders from the devices starting on August 31, CNET reported. The electronic device was intended for reordering household items easy and fast. Customers could buy one of the $5 buttons that were configured for a specific, frequently ordered product and place it in their homes.

seagate-073119.jpg Hard drive maker Seagate is planning to start a pilot a blockchain-powered project to fight and help reduce global hard drive counterfeiting, according to a report by Forbes. Seagate had teamed up with IBM in November last year to launch the blockchain supply chain project to attack counterfeiting.

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