Journalists Have Much To Lose If Twitter Dies
There has been fevered talk of the platform's imminent demise since billionaire Elon Musk took over last month and began firing vast numbers of staff.
Elon Musk Names S. Korea Among Top Candidates For EV Investment - Yoon's Office
Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned to step up cooperation with South Korea on supply chains, Yoon's office said.
Medical Community Frets Over Fate Of Twitter
The social media giant symbolized by the blue bird has laid off half of its 7,500 employees, while several hundred others have resigned, creating doubts over its future.
Digital Currency Group Owes $575 Million To Genesis Trading's Crypto Lending Arm
Loans from Genesis Global Capital, which suspended customer withdrawals last week, were used to "fund investment opportunities" and repurchase stock from non-employee shareholders, Silbert said in the letter, which was seen by Reuters.
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Explainer-Crypto Lender Genesis Plagued By Contagion Concern After FTX Blowup
The uncertain future of Genesis Global Capital, one of the biggest crypto lenders, is fueling concern that the recent collapse of crytpo exchange FTX is having a spillover effect on other players in the highly interconnected market.
Ford Executive Says South Africa Needs EV Policy Within Six Months
Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and more than 100,000 jobs, are exported, mostly to Europe.
India's Modi Says Digital Currencies Being Used To Fund Terror
India has laboured to rein in cryptocurrency transactions after years of phenomenal growth, backed by burgeoning local trading platforms and glitzy celebrity endorsements.
Hong Kong's Leading Crypto Retail Operator Says It Ceases Trading As FTX Fallout Roils Sector
Genesis Block, which at one time operated one of Asia's biggest bitcoin ATM networks, said it would be closing down its over-the-counter trading portal on Dec. 10.
US Regulator Warns Of Pump-and-dump IPOs, Many From China
Most of these initial public offerings raise less than $25 million for companies worth less than $100 million, FINRA said.
Exclusive-How FTX Bought Its Way To Become The 'Most Regulated' Crypto Exchange
Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it was the "most regulated" exchange on the planet and inviting closer scrutiny from authorities.
Zuckerberg Says WhatsApp Business Chat Will Drive Sales Sooner Than Metaverse
Meta enables some consumers to speak and transact with merchants through the chat apps, including a new feature announced Thursday in Brazil.
After Elon Musk's Ultimatum, Twitter Employees Start Exiting
A quarter said they had chosen to stay "reluctantly," and only 7% of the poll participants said they "clicked yes to stay, I'm hardcore."
Tunisia's Milk Shortage Leaves Farmers Poor And The Public Angry
Tunisia, eager to keep prices down for ordinary citizens but also bound by promises to reduce subsidies as it seeks a bailout from the International Monetary Fund, has few options.
Tumbling Bitcoin Overshadows El Salvador's Crypto Conference
Like other cryptocurrencies, bitcoin fell sharply over the year as U.S. Federal Reserve interest rate hikes and ultra-high inflation prompted investors to ditch riskier assets.
Sports World Tries To Sidestep Collapse Of Sponsor FTX
FTX signed a series of sponsorship deals and recruited sports stars to appear in commercials, often aired during sports programmes.
Brazil Crypto Law Back On Agenda As FTX Collapse Sends Shockwaves
Roberto Dagnoni, a top executive at SoftBank-backed exchange Mercado Bitcoin, said the law had been "kind of dormant" during the election period but now needed to be a priority.
'Hardcore' Or Bust: Musk Gives Ultimatum To Twitter Staff
He has fired half of the company's 7,500 staff, scrapped a work-from-home policy, and imposed long hours, all while his attempts to overhaul Twitter have faced chaos and delays.
Explainer-What's Next In FTX's Bankruptcy
Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than 1 million creditors.
ECB Likely To Keep Raising Rates Beyond 2% Level, Says French Central Bank Chief
Data released last week showed U.S. consumer prices rose less than expected in October, bringing the annual increase below 8% for the first time in eight months.
South Africa Faces Mass Exodus Of Engineers
According to a report by the South African Institution of Civil Engineering, vital infrastructure segments are deteriorating quite rapidly, and many are at risk of collapsing without government intervention.
After FTX Collapse, Cryptocurrency Sector Fights Back
The boss of the largest cryptocurrency exchange platform, Binance, did everything to reassure investors on Tuesday.
FTX Bankruptcy Filings In, French Central Bank Wants Quick Regulation
FTX also confirmed that it had responded to a cyber attack on Nov. 11, after saying on Saturday it had seen "unauthorized transactions" on its platform.
Cryptoverse: So Long, Solana? Ether Rival Clobbered By FTX Crash
The cryptocurrency, which had been lauded by FTX's founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
Twitter Prank Spurs Unexpected Scrutiny Of Insulin Prices
Authentic-looking fake accounts proliferated last week after Twitter rolled out a paid verification service, the latest in a string of chaotic developments since Elon Musk's blockbuster $44 billion buyout of the influential platform.
Oil Prices Slip On OPEC Cut In Demand Forecast, China COVID Cases
The Organization of the Petroleum Exporting Countries (OPEC) cut its 2022 global oil demand growth forecast for a fifth time since April, citing mounting economic challenges including high inflation and rising interest rates.
Amazon To Lay Off Thousands Of Employees -source
The source attributed the reduction to the uncertain macroeconomic environment faced by Amazon and other companies.
Three Out Of Four Bitcoin Investors Have Lost Money: Study
Economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, analysed data on investors in cryptocurrencies in 95 countries between 2015 and 2022.
South Africa Grappling With Crime Syndicates In Public Sector, Says Transnet
Crime syndicates have crippled the public sector in South Africa.
Crypto.com Says Balance Sheet Strong, Exchange Not In Trouble
Chief executive Kris Marszalek took questions in a livestreaming YouTube address, and also said the platform always maintained reserves to match every coin customers held on its platform.
Elon Musk Says 'I Have Too Much Work On My Plate'
Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company.
As Regulators Scrutinise FTX, Investor Focus Swings To Crypto.com
The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.
Exclusive: At Least $1 Billion Of Client Funds Missing At Failed Crypto Firm FTX
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
VW South Africa Looks To Asia, Latam As Europe Shifts To EVs
Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and over 100,000 jobs, are exported, mostly to European countries.
FTX Collapse Being Scrutinized By Bahamas Authorities
FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal.
