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Tag Archives: CNBC
Xi tells Dutch prime minister: No force can stop China’s tech advance
Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte met in Beijing for talks on subjects such as the critical semiconductor industry.
China-made vehicles will comprise a quarter of Europe’s EV sales this year, study shows
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
UnitedHealth Group has paid more than $3 billion to providers following cyberattack
UnitedHealth Group has paid out more than $3.3 billion to providers impacted by Change Healthcare cyberattack
Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back
Sam Bankman-Fried’s defense team is trying to convince the judge for a lighter sentence because FTX customers will likely be made whole.
Penthouse to prison: Sam Bankman-Fried’s journey from crypto king to convicted conman
FTX founder Sam Bankman-Fried will be sentenced in a New York court on Thursday, more than four months after a jury found him guilty of seven criminal charges.
Parent of FTX victim who lost $130,000 asks judge to go easy on SBF, suggests six years in prison versus DOJ’s 40-50
Defense submitted additional character references to the court as Judge Lewis Kaplan nears a decision on Bankman-Fried’s sentence.
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
SEC scores big win in lawsuit against crypto exchange Coinbase
The ruling in favor of the SEC comes as Coinbase has become a go-to partner for big Wall Street assert managers looking to offer cryptocurrency trading options.
The UK is regulating memes about crypto and other investments to curb scams from ‘finfluencers’
The Financial Conduct Authority said marketing for financial products — including those expressed in memes — should be fair, clear, and not misleading.
Adam Neumann’s bid to buy back WeWork faces uphill battle due to financing challenges
WeWork founder Adam Neumann is reportedly trying to buy back the company that ousted him in 2019, but he faces plenty of hurdles along the way.