US central bank to study Facebook virtual currency

The US Federal Reserve has created a "working group" that is coordinating with government agencies and other central banks to consider the implications of Facebook's planned virtual currency Libra, chairman Jerome Powell ...

Shared e-cargo bikes: Boom and barriers in Basel

Sustainable means of mobility are becoming ever more popular. In Switzerland, around 15,000 people have registered with the online platform carvelo2go, which hires out electric cargo bikes. The use of this sharing service ...

Canada's Bombardier lays off 550 workers

The Canadian group Bombardier announced Wednesday it will lay off 550 employees from its Thunder Bay, Ontario plant, cutting the site's workforce in half.

Amazon, Microsoft wage war over the Pentagon's 'war cloud'

Amazon and Microsoft are battling it out over a $10 billion opportunity to build the U.S. military its first "war cloud" computing system. But Amazon's early hopes of a shock-and-awe victory may be slipping away.

Branson's Virgin Galactic to go public: report

Richard Branson's Virgin Galactic will become the first publicly-traded space tourism project thanks to a New York-listed company's investment worth about $800 million, the Wall Street Journal reported Tuesday.

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