Dollar rallies, bitcoin hits record high as early US votes bolster ‘Trump trades’
Trump's tariff and immigration policies are seen as inflationary by analysts; Bitcoin climbed by 8.54% to record $75,060
Global investors brace for market impact as US election results loom
Global investors were on edge as Americans headed to the polls on Tuesday, drawing to a close a dramatic US election cycle that...
Crypto giants launch global dollar network to drive stablecoin adoption
A coalition of leading fintech and cryptocurrency firms, including Robinhood, Kraken, Paxos, and Anchorage Digital, has announced the launch of the Global...
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon...
Netflix offices in Paris and Amsterdam searched by tax fraud investigators, says source
Investigators specializing in financial crime and corruption raided the company's offices in central Paris
Meta Fined $15.67 million for misusing sensitive data of 980,000 Koreans
PIPC found that Meta gathered personal details from July 2018 to March 2022 and shared with around 4,000 advertisers
Musk’s $1M prize for swing state voters allowed by court
According to court exhibits, recipients are set to receive their $1 million awards by November 30, following the terms outlined in non-disclosure agreements
OpenAI in regulator talks to become for-profit company
Openai is in early talks with the California attorney general’s office over the process to change its corporate structure
Meta extends U.S. election ad ban, targeting misinformation control
Initially set to end on Election Day, the policy now aims to curb misinformation in the election's final days
Inflation in South Korea drops to 1.3% in October, lowest in 4 years
South Korea’s inflation slowed further in October, marking the lowest level in nearly four years, according to Statistics Korea.
The consumer price index...
Apple’s iPadOS also faces EU scrutiny over antitrust compliance
The European Commission has launched an assessment to determine if Apple’s iPad operating system, iPadOS, complies with the Digital Markets Act (DMA),...
Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
The U.S. Supreme Court is set to consider bids by two tech giants Meta's Facebook and Nvidia to fend off federal securities fraud lawsuits in...
Oil jumps over $1 following OPEC+ decision to delay output boost
Oil prices rallied on Monday after OPEC+ decided to postpone its planned production increase by a month, with Brent crude rising by...
Walt Disney forms business unit to coordinate use of AI, augmented reality
Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as...
Bitcoin’s “Faketoshi” faces contempt of court case over $1.2 bln UK lawsuit
Craig Wright, an Australian computer scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto, is facing fresh legal trouble in the UK...