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Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators

Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022  |  Europe

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to...

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Biometric Checkout on the Horizon for UK Shoppers
Biometric Checkout on the Horizon for UK Shoppers
June 23, 2022  |  Biometrics

In a report last month, the Manchester Evening News ran a rather sensational headline: “Aldi, ASDA, Tesco, Lidl, Morrisons and Sainsbury’s could soon urge you...

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Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
June 23, 2022  |  Investments

Intelligence and robotics company BotsAndUs has landed $13 million in seed funding to expand the growth and use of its logistics solution around the world,...

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Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
June 23, 2022  |  Retail

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive...

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BOE Official: Crypto Firms May Rival Amazon, eBay
BOE Official: Crypto Firms May Rival Amazon, eBay
June 22, 2022  |  Cryptocurrency

Bank of England Deputy Governor Jon Cunliffe has said the survivors of this rout in crypto could be leaders of the future — possibly rivaling...

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UK Open Banking Users Top 6 Million
UK Open Banking Users Top 6 Million
June 22, 2022  |  Banking

More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in...

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Tether’s GBPT Sets Stage for Stable Crypto-Cable
Tether’s GBPT Sets Stage for Stable Crypto-Cable
June 22, 2022  |  Cryptocurrency

Following Wednesday’s (June 22) news that Tether, the world’s largest stablecoin issuer, is set to launch a new cryptocurrency pegged to the pound, businesses and...

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UK Shoppers Feel Squeeze as Average Annual Grocery Bill Rises by £380 YoY
UK Shoppers Feel Squeeze as Average Annual Grocery Bill Rises by £380 YoY
June 21, 2022  |  Economy

The Bank of England recently raised the key interest rate from 1% to 1.25%, and with the bank’s governor warning Britons that more hikes may...

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