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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Fintech startup Revolut has its own banking license in the European Union since late 2018. The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania.

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Why the global chip shortage is making it so hard to buy a PS5

The Verge

So you buy a processing unit design from somebody like Arm in the UK, who is very popular, and then maybe you need the USB interface, so you get a USB IP block, which you license. GlobalFoundries built that fab in Malta, New York, at relatively good speed. So you decide, “I want to build a controller chip.”

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8 cannabis investors share their outlook on the European market in H1 2022

TechCrunch

This means that you can produce cannabis, for example, in Portugal, and sell to any EU country as long as you have export/import licenses. and (2) lack of downstream infrastructure such as research centers, specialized clinics, licensed wholesale distributors and manufacturers.

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Our data licensing and API with X is an incredible business. It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music. The operational run rate right now… we’re pretty close to break even.” “Our Our new subscription business [is] growing,” Yaccarino said.

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