Security

US offers $10 mn bounty for DarkSide hackers

The United States announced a $10 million reward Thursday for help finding leaders of the high-profile ransomware gang DarkSide, authorities' latest try at combating spiking cyber-extortion attacks.

Security

US to curb hacking tool exports to Russia, China

US authorities unveiled Wednesday long-delayed new rules aimed at clamping down on export to nations like Russia and China of hacking technology amid a sharp uptick in cyberattacks globally.

Business

Deliveroo skids on stock market debut

Deliveroo skidded on its stock market launch Wednesday, with its share price slumping by almost a third in value after the app-driven meals delivery company faced criticism from institutional investors over its treatment ...

Business

Deliveroo cuts annual loss before London float

Takeaway meals app Deliveroo slashed losses last year on booming demand from locked-down customers during the pandemic, it reported Monday ahead of a London stock market float planned for April.

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Financial institution

In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government bodies. Broadly speaking, there are three major types of financial institution:

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