Browsing Category
Business
Sam Bankman-Fried to drop fight against US extradition
Sam Bankman-Fried plans to drop his fight against extradition to the US to face a range of criminal charges, according to people familiar with the matter.
The disgraced co-founder of crypto exchange FTX has been locked up in the Bahamas…
Read More...
Read More...
Musk says will restore suspended Twitter accounts of journalists
Elon Musk said late Friday he would reinstate the Twitter accounts of several journalists who were suspended after he accused them of endangering his family.
Musk had drawn anger and warnings from the EU and UN after suspending the…
Read More...
Read More...
Goldman Sachs plans big job cuts as business slows
Goldman Sachs is planning deep job cuts as it grapples with a sharp downturn in business.
The investment bank is preparing cuts that could affect up to 8% of its global workforce, or nearly 4,000 people, the BBC understands.…
Read More...
Read More...
UK interest rates raised to highest level for 14 years
The Bank of England has raised UK interest rates to their highest level for 14 years as it battles to stem soaring prices.
It increased them to 3.5% from 3%, marking the ninth time in a row it has hiked interest rates.…
Read More...
Read More...
Australia’s TPG Telecom says up to 15,000 e-mail accounts of business customers hacked
Australia’s No. 2 telecom provider TPG Telecom said on Wednesday its cyber security adviser Mandiant notified the company of unauthorized access to an exchange service that hosts e-mail accounts of up to 15,000 business customers.
The…
Read More...
Read More...
Sam Bankman-Fried: FTX founder arrested in Bahamas
Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been arrested in The Bahamas, the country's attorney general has said.
He is scheduled to appear on Tuesday in a magistrates court in the…
Read More...
Read More...
S Korea says crypto-fugitive Do Kwon is in Serbia
South Korean authorities say they believe Do Kwon, the failed cryptocurrency boss behind the $40bn (£32.7bn) collapse of the terraUSD and Luna tokens, is hiding in Serbia.
The Seoul Southern District Prosecutors' Office said…
Read More...
Read More...
Sunlit Greece seeks to lure Europeans amid winter energy crisis
With most of Europe struggling with soaring energy costs, Greece has launched an initiative to put its mild winters to good use and attract sun-seeking travelers all year round.
The Mediterranean nation recorded November temperatures…
Read More...
Read More...
Penguin Random House boss resigns after Simon & Schuster deal fails
The head of publishing giant Penguin Random House has resigned, citing the US decision to block the firm's $2.2bn takeover of rival Simon & Schuster.
Markus Dohle will step down at the end of the year, the company said,…
Read More...
Read More...
Twitter sued for refusing to pay for two private jet charters
Elon Musk’s Twitter was sued by a private jet provider for refusing to pay for two flights taken by former chief marketing officer Leslie Berland as Musk was preparing to close his US$44 billion acquisition of the social media platform.…
Read More...
Read More...