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Decoding China’s Central Bank Digital Currency

Forrester IT

The digital yuan, the central bank digital currency (CBDC) of China, has already been tested in several major cities across the country. With further rollouts in 2021/2022, we expect to see this digital currency significantly impact a variety of B2C and B2B industries across financial services, retail, transportation, and entertainment.

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China bans Micron chips over "network security risks"

TechSpot

According to China's Cyberspace Administration (CAC), a network security review of Micron's products showed they have relatively serious potential network security issues that pose major security risks to China's critical infrastructure supply chain, which includes state-owned banks, transportation, and telecoms. Read Entire Article

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Two passengers enter first trial of Virgin Hyperloop

TechSpot

The super-fast transport system that transforms humans into 20th-century bank memos set up a 500m track in the Nevada desert yesterday to test its new technology.

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Feeding America turns to data to feed the hungry

CIO Business Intelligence

One organization, Feeding America, the country’s largest domestic hunger relief organization, is turning to information technology to help, having hired three years ago its first IT chief to transform how its network of 200 food banks serve the food insecure. Those food banks also have varying levels of technology acumen.

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Funding news roundup: Pandion’s parcel network, Copper’s banking app for teens, mentoring app Tribute, life navigator OwnTrail, and more deals

GeekWire

Logistics and most recently, until June of 2020, worked as vice president and head of e-commerce transportation at Walmart. Copper Banking. Seattle startup Copper Banking closed a $13.3 teenagers have no bank account, so its total addressable market is certainly large. Copper Image). million seed round. million raise.

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Cruise is using food bank deliveries as cover to run tests?that may violate stay-home orders, drivers say

The Verge

In late April, Cruise announced that it would be redeploying some of its autonomous vehicles to help make deliveries for a pair of food banks in San Francisco. Another Cruise employee said in mid-May that only one facility, located 1201 Bryant Street, was deploying vehicles for the food bank deliveries.

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Ukrainian defense ministry hit by DDoS during tense standoff with Russia

The Verge

On Tuesday, Ukraine’s Ministry of Defence suffered from a DDoS attack that prevented users from accessing its website, and two Ukrainian banks lost access to online banking services, according to statements from the government. Oschadbank also lost all online banking functionality, according to the statement.

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