The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds in US history.’ Mr Bankman-Fried, who has denied the charges against him, arrived back in the US on Wednesday night and appeared in court in New YorkContinue Reading
Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said. Mr Bankman-Fried, who denies the allegations, mayContinue Reading
A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton Tencent Holdings Ltd (0700.HK) is raising its stake in Ubisoft Entertainment SA (UBIP.PA) in a deal that values France’s biggest games developer at almost $10 billion, as deep-pocketed Chinese firms continueContinue Reading
Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing Guan/File Photo Gulf Arab states have demanded that U.S. streaming giant Netflix (NFLX.O) remove content deemed offensive to “Islamic and societal values” in the region, Saudi Arabia’s media regulatorContinue Reading
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in the second quarter compared with the same period of 2021, data showed on Wednesday, as the world’s top oil exporter reaps the rewards of highContinue Reading
Egypt has been negotiating to replace a detained Ukrainian wheat shipment, two people with knowledge of the matter said, after talks to release the vessel carrying it proved unfruitful. The cargo of about 60,000 tonnes of Ukrainian wheat is currently aboard a ship called Emmakris III that was detained inContinue Reading
Up to a third of UK children – mostly young teens – consume at least one energy drink a week, while some are having them almost daily, new research suggests. Those who drink lots may get headaches and sleep problems, warn the authors of a report in the BMJ Open. HighContinue Reading
Dubai plans to cut carbon emissions by 30% by the end of 2030, the emirate’s government media office said on Sunday on its website. The plan is part of a broader strategy, announced by the United Arab Emirates in October, to achieve carbon emission neutrality by 2050, the office said. Continue Reading
Russia and China called in a joint statement on Friday for NATO to halt its expansion while Moscow said it fully supported Beijing’s stance on Taiwan and opposed Taiwanese independence in any form. The joint statement, including harsh criticism of the United States, was issued during Russian President Vladimir Putin’sContinue Reading
IMAGE SOURCE, SCIENCE PHOTO LIBRARYImage caption, Neodymium-iron-boron is the strongest permanent magnet material in wide-scale use today Name a technology that is all around us, underpins our modern way of living but is hardly recognised for its contribution. How about the magnet?The Queen Elizabeth Prize for Engineering hopes our awareness and appreciation willContinue Reading