Today’s news bulletin comes to you via Facebook. The chief executive officer of one of Europe’s most up-and-coming technology firms, Wirecard, has resigned as the company is plunged into crisis with USD $2 billion unaccounted for. Markus Braun, based at Wirecard’s headquarters in Germany, quit his post after auditors from accountancy giant EY discovered a €1.9 billion ($2.1 billion) cash black hole. The value of shares in the company crashed while early news reports suggest Wirecard may have been the victim of an elaborate fraud. The firm processes payments for consumers and businesses, and sells data analytics services – employing 6,000 people in twenty-six countries – Wirecard CEO quits after $2 billion goes missing and fraud accusations fly (CNN Business)
As the UK decides to ditch its homemade coronavirus track-and-trace app, and opt for an out-of-the-box solution engineered by tech firms Apple and Google, it was revealed by BBC News
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