UK regulator’s order for Meta to sell Giphy is under review — again

Illustration by Alex Castro / The Verge There’s been another twist in the saga of Meta’s attempt to buy GIF-sharing service Giphy, Bloomberg reports. Judges with the Competition Appeal Tribunal have told the UK’s competition regulator, the Competition and Markets Authority (CMA), to reconsider its previous ruling telling Meta to sell Giphy. “We have agreed…

JD Power study shows we’re noticing more problems with mobile networks, even with 5G

Image: Alex Castro / The Verge A new study measuring mobile network performance in the US indicates an increase in network problems, with slow performance or the inability to load content cited as the most common complaints. That’s according to research firm JD Power, which attributes the dip in network quality to increased usage. JD…

Putin signs Russian crypto payments ban

Russian president Vladimir Putin has vowed to ban cryptocurrency payments with a new law that would make paying with digital assets illegal in the country. The highly-anticipated move follows years of discussion between the Central Bank of Russia and the country’s government on whether to allow cryptocurrencies, like Bitcoin. However the move could come as…

Which industries would benefit from real-time digital payment adoption?

Faster digital payments are garnering greater interest from US financial institutions, businesses, and consumers.B2B, C2C, B2C use cases all stand to gain from shorter settlement times offered by real-time payments (RTP).Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.The…

Markets are signaling the Fed is being too aggressive in fighting inflation – and a 100 basis point hike this month isn’t important to stocks prices

REUTERS/Jonathan Ernst Markets think the Fed is overestimating what it’ll take to bring down inflation, according to DataTrek.  In a telling sign, stocks did not make fresh lows when talk of a 100 basis point hike began last week.  That is because the size of the hikes is less relevant than where the Fed Funds…