Coinbase Introduces Zero Trading Fee Subscription
Coinbase’s new subscription service, “Coinbase One,” provides a range of exclusive benefits and features besides zero-fee trading
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BT to Cut 55,000 Jobs
Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.
Obie Raises $26 Million for Insurance Solutions
Obie announced the attraction of investment funds for $26 million following the results of the Series B financing round.
Amazon Workers Launch Battle to Unionize in Britain
Employees at Amazon at a large warehouse located in the UK reported about unionization.
In UK Ransomware Payments Nearly Double in One Year
In the UK, payments by companies to ransomware programs have almost doubled over the past year.
UK Extradites Autonomy Co-Founder Mike Lynch to US
British technology entrepreneur Mike Lynch has been extradited to the United States, where he will be charged with committing illegal acts.
Revolut CFO Resigns Citing Personal Reasons
Revolut’s chief financial officer retired two years after starting work in the British fintech industry.
UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need
Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
Revolut CEO Blames Banking Troubles for UK License Delay
The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.
HSBC Foils Plan by Major Investor to Break Up Bank
HSBC managed to stop the attempt of the largest shareholder of this financial institution to divide the bank during the annual general meeting, which rarely takes place in an atmosphere of goodwill and absolute peacefulness.
British Banks Warn of Big Increase in Online Scams
British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.
Lloyds Banking Group Continues to Close Its Branches
The last bank in the town of South Essex will close in August this year.
HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business
Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.
Sotheby’s Metaverse Launches P2P Secondary NFT Marketplace
The Web3 arm of the famous auction house Sotheby’s has introduced another platform for trading digital art in the form of NFT
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