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Category: Financial Technology
Bankruptcy Proceedings Begins as FTX Discusses with Regulator
Collapsed-crypto exchange FTX outlined a "severe liquidity crisis" in US bankruptcy filings, which said the group could have more than 1 million creditors, as regulators opened investigations and lawmakers called…
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Berkshire, a Warren Buffett’s Conglomerate Discloses $4.1 bln TSMC Stake
Berkshire Hathaway said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren Buffett's conglomerate. The news sent…
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Tiger Global Invest in Shares of Microsoft, Block, Uber in Third Quarter
Investment firm Tiger Global Management raised its stake in tech giant Microsoft Corp, Jack Dorsey's payments firm Block Inc and Uber Technologies Inc last quarter, a regulatory filing released on Monday showed.…
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Apple Plans a 3D World and Video Service for Its Mixed Reality Headset
Apple Inc.’s next major product a mixed-reality headset that it hopes will vault the company into a new era of computing isn’t set to arrive until next year. But job listings…
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New Warehouse Robot from Amazon Could Replace Humans
Amazon.com Inc. has developed a robot capable of identifying and handling individual items, a milestone in the e-commerce giant’s efforts to reduce its reliance on the human order pickers who currently…
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Visa has terminated global debit card deals with FTX
visa Inc., the world's largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX. "The situation with FTX is unfortunate and…
Read MoreInvestigators in the Bahamas are Looking at Whether any “Criminal Misconduct Occurred” as the Collapse of FTX is the Subject to Scrutiny
Investigators in the Bahamas, who are looking at whether any “criminal misconduct occurred” as the collapse of FTX is the subject to scrutiny. Said on Saturday by the Royal Bahamas…
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Billionaire Elon musk said in a tweet on Saturday twitter blue will probably “come back end of next week”
Recently announced Twitter $8 blue check subscription service was paused on Friday as fake account mushroomed. Previously the blue check mark was reserved for verified accounts of public figures, brands,…
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Australia Setup Joint Cyber Police Taskforce to ‘Hunt Down’ Hackers
Australia has officially setup a new cyber-policing model in an effort to intensify hunting down cyber-criminal syndicates, following recent hacks impacting millions of people in the country. Australia's biggest health…
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Tesla considered exporting EVs from Shanghai to U.S and Canada
Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its…
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