Leadership
Bitcoin faces worst month since FTX crash with ETF demand cooling
THE prospect of higher-for-longer interest rates is weighing on crypto, underlined by deepening Bitcoin losses after the token’s worst monthly drop since the collapse of Sam Bankman-Fried’s FTX empire...
Binance founder Zhao Changpeng gets 4 months in prison
Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao,...
Binance founder Zhao Changpeng gets four months in prison
Binance founder Zhao Changpeng was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao,...
Tesla axes most of Supercharger team in blow to other automakers
Tesla eliminated almost its entire Supercharger organisation, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into...
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Oil prices fell 1 per cent on Tuesday (Apr 30), extending losses from Monday, on the back of rising US crude production, as well as hopes of an Israel-Hamas...
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
US stocks ended lower on Tuesday (Apr 30) as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal Reserve...
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the...
Yen falls after suspected intervention on Monday, eyes on Fed
The yen dropped against the dollar on Tuesday (Apr 30), giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese authorities.The currency was...
